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FRANKFURT (Reuters) - German software maker SAP cut its 2014 operating profit forecast on Monday as customers shifted faster than expected to products delivered over the Internet, delaying when those orders can be booked as sales.
(Reuters) - Canada's Valeant Pharmaceuticals International Inc , embroiled in a bitter fight to take over Botox maker Allergan Inc , posted a better-than-expected quarterly profit, driven by demand for its skin, neuro and eye drugs.
NEW YORK (Reuters) - U.S. stock index futures were lower on Monday, on the heels of a fourth week of losses for the benchmark S&P 500, as quarterly results from IBM disappointed.
(Reuters) - EBay Inc said venture capitalist Marc Andreessen would quit its board, after the online retailer announced last month that it was spinning off its electronic payment unit, PayPal.
(Reuters) - International Business Machines Corp reported a 4 percent drop in quarterly revenue as client activity slowed in September, sending its shares down sharply in premarket trade.
BERLIN (Reuters) - Shares in German sportswear firm Adidas AG jumped on Monday after the Wall Street Journal reported that an investor group that includes Jynwel Capital and funds affiliated with the Abu Dhabi government planned a $2.2 billion bid to buy Reebok.
LONDON (Reuters) - Global stocks climbed on Monday, moving further away from eight-month lows hit last week, as strong U.S. data and encouraging third-quarter earnings eased concerns about the pace of global economic recovery.
LONDON (Reuters) - When Europe announced its latest health check of top banks early last year it promised a "comprehensive assessment" of how well prepared they were to withstand another financial crisis.
(Reuters) - IBM Corp said it would hive off its loss-making semiconductor unit to contract-chipmaker Globalfoundries Inc to focus on cloud computing, mobile and big data analytics.
BOSTON (Reuters) - The recent volatility in financial markets reinforces the need for the Federal Reserve to be patient with its policy stimulus and to clearly tie an eventual interest-rate rise to improving economic conditions, a top Fed policymaker told Reuters.
“We consider this to be the crown jewel of RidgeGate,” Rich Laws. [...]
"Now is the time to ‘spread our wings, bark loudly and play vigorously" Catherine Peter. [...]
"Enough energy could be saved in one month to power New York City for an entire year,” Kathy Berg. [...]
"Not a single one of these new units will be owner occupied," Mayor Bob Murphy. [...]
"The code could be changed through a public process that goes to City Council." [...]
"All we had to do was look across the street,” Buz Koelbel. [...]
"This site has it all," Jordan Zielinski. [...]
“Conditions remain good in the luxury sector," Anthony Rael [...]
"There is still a massive amount of interest in living downtown," John Kniaa [...]
"We're simply not going to wait around for a popular grocer," Councilman López. [...]