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Stock Market & Financial Investment News

News Breaks
April 8, 2013
10:16 EDTMDAS, SAPMedAssets enters into strategic partnership with Ariba
MedAssets (MDAS) announced a multi-year strategic partnership with Ariba, an SAP (SAP) company. The partnership offers healthcare providers and suppliers a comprehensive electronic commerce platform, including requisition to purchase order transmission, shipment notification, invoice transmission and reconciliation workflow automation, expense posting, supplier payment and early-pay discount solutions.
News For MDAS;SAP From The Last 14 Days
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April 17, 2014
05:20 EDTSAPSAP reiterates FY14 outlook
The company reiterates the outlook for the FY14, which remains unchanged from the outlook provided on January 21.The company expects FY14 non-IFRS cloud subscriptions and support revenue to be in a range of EUR 950M-EUR 1B at constant currencies. The upper end of this range represents a growth rate of 32% which is similar to the respective 2013 growth rate after adjusting for acquisitions. The company expects FY14 non-IFRS software and software-related service revenue to increase by 6%-8% at constant currencies. The company expects FY14 non-IFRS operating profit to be in a range of EUR 5.8B-EUR 6B at constant currencies. While the company's FY14 business outlook is at constant currency, actual currency reported figures are expected to continue to be negatively impacted by currency exchange rate fluctuations. If exchange rates remain at the March level for the rest of the year, the company expects non-IFRS software and software-related service revenue and non-IFRS operating profit growth rates at actual currency to experience a negative currency impact of approximately 6 percentage points and 8 percentage points respectively for Q2 and of approximately 4 percentage points and 5 percentage points respectively for FY14.
05:15 EDTSAPSAP reports Q1 non-IFRS EPS EUR 0.56 vs. EUR 0.58 last year
Reports Q1 revenue EUR 3.7B vs. EUR 3.6B last year. Reports Q1 non-IFRS cloud subscriptions and support revenue increased 38% at constant currencies. Reports Q1 non-IFRS calculated cloud billings increased 36% at constant currencies; annual cloud revenue run rate approaching EUR 1.1B. Reports Q1 non-IFRS software and software-related service revenue increased 9% at constant currencies.
April 15, 2014
10:00 EDTMDASOn The Fly: Analyst Upgrade Summary
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April 14, 2014
16:54 EDTMDASMedAssets reinstated with an Outperform at Raymond James
Raymond James reinstated coverage of MedAssets with an Outperform rating and $27 price target, up from its previous rating of Market Perform.
April 11, 2014
07:52 EDTMDASMedAssets remains top pick in health IT space, says RW Baird
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April 10, 2014
05:40 EDTSAPAccenture, SAP expand global alliance through first-of-its-kind agreement
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April 9, 2014
10:06 EDTMDASOn The Fly: Analyst Initiation Summary
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09:35 EDTSAPSAP mentioned cautiously at OTR Global
06:09 EDTMDASMedAssets initiated with a Neutral at SunTrust
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April 7, 2014
10:10 EDTSAPAnalyst sees 'golden' opportunity after software stocks decline
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