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Stock Market & Financial Investment News

News Breaks
June 20, 2014
06:11 EDTSAP, ORCLOracle downgraded to Neutral from Buy at Citigroup
Citigroup downgraded Oracle (ORCL) to Neutral citing weak license growth and "relatively aggressive" Q1 targets following the company's Q4 results. Citi lowered its price target for shares to $41 from $44 and says it would rather own SAP (SAP) shares.
News For ORCL;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
February 2, 2016
05:41 EDTORCLStocks with implied volatility movement; ORCL COP
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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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