SAP Just Stumbled on its Way to a Life in the Cloud

SAP Just Stumbled on its Way to a Life in the Cloud

SAP (SAP, +1.06%) , Europe's most valuable technology company, missed market expectations for third-quarter profit as it invested heavily to shift
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Job Losses, Falling House Prices: Canada's New Mortgage Rules Will Sting

Starting January 1, borrowers of traditional mortgages (those with a 20-per-cent or more down payment) will be required to pass a “stress test” to
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New Vendor Creations; Jumbo and No MI Products

LoanBeam, the leader in automated income extraction and calculation, announced that it is collaborating with Freddie Mac to deliver an innovative
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Amazon's HQ2 may increase rent in 15 cities

Researchers felt these larger metros has more slack in the housing market, and in the case of Austin and Denver, increasingly larger tech hubs that
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Queens Nursing Facilities Land $54M Refi

With a total of 576 units, both properties are part of the SentosaCare network. Greystone provided the HUD-insured mortgage loans for the two highly
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An Alternate Theory on Dulled FANGs Is Weakening Earnings Forecasts

The most-mega of megacaps bore the brunt of a tech selloff Thursday as weaker demand for Apple Inc.'s iPhone 8 models revived concern over profit
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Aston Martin Moves Into Miami Condos in Push Beyond Sports Cars

Aston Martin Lagonda Ltd.'s latest project swaps horsepower and acceleration for ocean views and private pools as the maker of slinky British sports
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It's a sellers' market: Home prices up nearly 10 percent in September

“Back then, you had people raising prices 5 percent a week just to keep up,” said Richard Sawicki who also owns Sawicki Real Estate in Amherst.
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Freddie Changes Student Loan Debt Calculation

A new Bulletin from Freddie Mac makes several changes to its Seller Guide. The most impactful changes relate to the way sellers can calculate
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Freddie Mac: Mortgage Interest Rates Ticked Back Down

After increasing for the previous two weeks, mortgage rates edged back down during the week ended Oct. 19, with the average rate for a 30-year,
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Soft Real Estate Market Not Slowing New Firm

The real estate market in the metro region is soft but that hasn't stopped a national firm from opening another office in the region. Royal LePage Vision
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Aston Martin is getting into… luxury real estate?!

A move into luxury real estate may seem unusual for an automaker that's built a global brand based on its high performance cars. But Aston Martin is
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Why Competition Would Not Lead to Better Outcomes for Fannie Mae and Freddie Mac

Does competition lead to better outcomes for government sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac? Not necessarily, says
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What We Learned on Day Two of China's Communist Party Congress

Members of the media gather for a briefing at the Great Hall of the People during the 19th National Congress of the Communist Party of China in
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China Is Turning Off This Key Feature on Apple Watch Series 3

… feature might prove to a problem for Apple and its sales there. Apple did not immediately respond to a Fortune request for comment on the report.
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Clearstream promises post-Brexit services continuity

Clearstream confirmed it will continue to offer stable custody services to its UK-based clients no matter how the Brexit negotiations evolve.
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Pakistan Court Charges Ex-Premier Sharif Over London Flats

A Pakistani court indicted former Prime Minister Nawaz Sharif on corruption charges related to the purchase of London flats, adding to political turmoil
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Russia c.bank sees liquidity surplus in banking sector in Oct

MOSCOW, Oct 19 (Reuters) – Russia's central bank said on Thursday it expected liquidity surplus to remain in place on the interbank market in
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ECB Stands Up for Workers' Wages in Quest for Higher Inflation

Bloomberg Intelligence sees nascent signs that Praet may be right, with an ECB measure of compensation per employee, which tries to avoid
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RCN Capital Selects The Mortgage Office® as its Loan Servicing Platform

“We are excited about moving forward with The Mortgage Office® as our loan servicing platform. Our complex investment business models require
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