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Stock Market & Financial Investment News

News Breaks
May 29, 2014
06:10 EDTIBM, SAPIBM, SAP collaborate to serve transportation and logistics industry
IBM (IBM) and SAP AG (SAP) announced plans for a global collaboration to provide tailored business applications and consulting services for the transportation and logistics industry. The new collaboration is intended to combine IBM's strategy, industry consulting and experience managing large-scale, global business transformation with SAP's expertise in co-innovating industry-specific enhancements to standard software with customers. The new initiative is intended to combine SAP software with IBM's implementation and configuration services. The SAP Transportation Management, SAP Event Management and SAP Customer Relationship Management applications, as well as the SAP Billing and Revenue Innovation Management solutions are planned to be integrated to provide a 360-degree view of individual customers. Backed by deep industry knowledge and experience from IBM's SAP Center of Competence, IBM's best practice templates will allow the transportation industry solution from SAP to be tailored to meet each transportation company's needs. This is intended to result in lower implementation costs and faster time to value.
News For IBM;SAP From The Last 14 Days
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August 21, 2014
11:44 EDTIBMHP hits 52-week high after solid revenue growth, positive analyst commentary
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09:03 EDTIBMIBM cloud technology selected by Wespac
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09:02 EDTIBMIBM's private cloud resilence services selected by Ujjivan Financial
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09:01 EDTIBMIBM partners with Veda
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August 19, 2014
11:05 EDTIBMImperva seen as takeover candidate under new CEO
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08:42 EDTIBMImperva new CEO has history of selling companies, says Sterne Agee
After Imperva (IMPV) appointed Anthony Bettencourt as its new CEO, Sterne Agee says that he has a history of selling companies. The firm believes that Imperva "would likely be an acquisition candidate" for a number of large tech companies such as Cisco (CSC), Juniper (JNPR), HP (HPQ), IBM (IBM), Check Point (CHKP), or F5 (FFIV). Sterne Agee believes that Imperva could be acquired for as much as $45 per share, and it keeps a Buy rating on the stock.
05:29 EDTSAPSAP invests $500M in Africa
SAP announced a seven-year plan to up-skill local African talent and drive sustainable innovation and growth in Africa. With more than 1,300 customers across the continent, SAP is already enabling African businesses and governments of all sizes to grow, scale and globalize, as well as make the transition to a networked, technology-driven innovative economy. As part of this commitment, SAP Africa is now taking responsibility for SAP operations across 51 African countries, including Morocco, Algeria and Tunisia and Mauritania.With the vision of helping make Africa run better and improve the lives of Africans, SAP plans to invest up to $500M through 2020 as it continues to build on the region's impressive double-digit growth rate momentum. The goal is to establish the African region as one of the company's top-five growth markets globally. Much of the direct investment will be outside South Africa, where SAP already has a solid footprint.
August 18, 2014
09:06 EDTSAPSGI opens new German subsidiary
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August 15, 2014
16:10 EDTIBMIBM issues statement on U.S. regulatory approval of x86 server sale to Lenovo
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August 11, 2014
08:33 EDTIBMIBM acquires Lighthouse Security Group
IBM announced it has acquired the business operations of Lighthouse Security Group, LLC, a cloud security services provider. Lighthouse Security Group's Gateway platform protects identity and data. Lighthouse Security Group is a subsidiary of Lighthouse Computer Services, Inc. Financial terms were not disclosed.
August 8, 2014
06:44 EDTIBMNew IBM chip identifies patterns, NY Times says
IBM has developed a new type of computer chip that tries to imitate the pattern identifying powers of human brains, according to The New York Times. The chip could eventually perform calculations that today's supercomputers are not capable of, the newspaper added. Reference Link
August 7, 2014
18:03 EDTIBMCSC, IBM expand alliance to accelerate customers transition to the cloud
Leading technology companies CSC (CSC) and IBM (IBM) announced they are building on their existing alliance with new ways to help global customers accelerate their transition to the cloud. Both companies will collaborate on consulting, apps modernization tools, big data and analytics, cloud and mobile capabilities, and security to create a single, consumable services framework.
12:02 EDTIBMIBM selected by Shanghai Wind Information
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