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Stock Market & Financial Investment News

News Breaks
June 12, 2014
05:34 EDTINFY, SAPInfosys to appoint Dr. Vishal Sikka as CEO, promotes U.B. Pravin Rao to COO
The Infosys (INFY) board announced the selection of Dr. Vishal Sikka as CEO and Managing Director of the company. Dr. Sikka will be inducted as a whole-time director of the board and CEO & MD on June 14. He will take over as CEO & MD from S. D. Shibulal on August 1. The board has also elevated U.B. Pravin Rao, president and whole-time director, as COO, with effect from June 14. Dr. Vishal Sikka was, until recently, a member of the executive board of SAP AG (SAP).
News For INFY;SAP From The Last 14 Days
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July 24, 2014
09:44 EDTSAPThe House Committee on Foreign Affairs to hold a hearing
The Subcommittee on Africa, Global Health, Global Human Rights and International Organizations holds a hearing entitled, "The Global Challenge of Autism" with Vice President Velasco of SAP on July 24 at 2 pm. Webcast Link
July 22, 2014
15:07 EDTSAPEarnings Preview: Microsoft to report after Nadella makes big job cuts
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July 21, 2014
07:15 EDTSAPO'Reilly to hold a conference
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July 18, 2014
13:59 EDTSAPMarketo could be 'interesting' target for SAP, says JMP Securities
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11:25 EDTINFYOptions with decreasing implied volatility
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July 17, 2014
11:12 EDTINFYOptions with decreasing implied volatility
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05:44 EDTSAPSAP backs FY14 non-IFRS operating profit view of EUR 5.8B-EUR 6B
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05:40 EDTSAPSAP reports Q2 Non-IFRS EPS EUR 0.79 vs. EUR 0.71 last year
Reports Q2 revenue EUR 4.15B vs. EUR 4.06B last year. Reports Q2 Non-IFRS cloud subscriptions and support revenue increased 39% at constant currencies. Reports Q2 Non-IFRS calculated cloud billings increased 37% at constant currencies. Approximately 1.55M connected companies transacting approximately $540B. Non-IFRS software and software-related service revenue increased 8% at constant currencies, 4% at actual currencies to EUR 3.48B. IFRS operating profit of EUR 698M vs. EUR 988M last year impacted by provision of EUR 289M for seven-year old Versata litigation.
July 16, 2014
15:27 EDTSAPNotable companies reporting before tomorrow's open
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10:35 EDTINFYOptions with decreasing implied volatility
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July 15, 2014
10:37 EDTINFYOptions with decreasing implied volatility
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July 14, 2014
10:00 EDTINFYOptions with decreasing implied volatility: SHPG INFY CWH FDO IDIX FAST

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