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Stock Market & Financial Investment News

News Breaks
April 10, 2014
05:40 EDTSAP, ACNAccenture, SAP expand global alliance through first-of-its-kind agreement
Accenture (ACN) and Ariba, a SAP AG (SAP) company, are expanding their global alliance through a first-of-its-kind agreement to offer new cloud-based solutions designed to transform the delivery of procurement and finance and accounting business services to clients. Together, the two companies will redefine business process outsourcing and define business operations services that can help clients become a best-run business by achieving significant process efficiencies and related cost savings. The first solution to be delivered, which provides electronic invoicing capabilities via the Ariba Network, would enable clients to realize the value of the largest global business-to-business trading network. The Ariba Network, used by more than 1.5M companies to transact over half a trillion dollars in commerce on an annual basis, will enable clients to drive a touchless global invoicing process that helps reduce operating costs, supports complex compliance requirements and improves business commerce collaboration. As a result, clients could drive more efficient enterprise-wide commerce, while at the same time optimizing working capital.
News For ACN;SAP From The Last 14 Days
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February 3, 2016
07:21 EDTSAPSAP to pay $3.9M settlement to SEC over Panama bribery charges, Reuters says
SAP will pay almost $3.9M to settle SEC charges related to a former executive's scheme to bribe Panama government officials in an effort to win technology contracts, Reuters reports. The SEC said that SAP's internal controls let Vicente Garcia, former vice president of global and strategic accounts responsible for Latin America sales, to pay $145,000 in bribes to a top Panamanian government official and offer bribes to two others in order to win contract orders, the report says. Reference Link
January 28, 2016
07:14 EDTACNBoston Scientific and Accenture develop digital health solution
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January 27, 2016
15:19 EDTSAPSAP to hold a capital markets day meeting
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January 26, 2016
09:03 EDTSAPSAP and Lenovo sign agreement to develop cloud solutions in China
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07:44 EDTACNAccenture completes $830M sale of Navitaire to Amadeus
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