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Stock Market & Financial Investment News

News Breaks
January 10, 2013
13:50 EDTSAP, ORCLSAP makes Business Suite software compatible with Hana database, BI reports
SAP (SAP) announced that its Business Suite software, which is used to compute financials and manage operations, can now run on the company's Hana database, according to Business Insider. The move represents a challenge to Oracle (ORCL), which also sells business software, the website added. Reference Link
News For SAP;ORCL From The Last 14 Days
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May 15, 2013
11:48 EDTORCLAppaloosa reports new stakes in Comcast, Ashland, sells Oracle
David Tepper's Appaloosa in its quarterly filing report new positions in Comcast (CMCSA), Prudential (PRU), Hess Corp. (HES), Check Point (CHKP), KBR (KBR) and Ashland (ASH). The fund sold its stakes in Oracle (ORCL) and Noble Corp. (NE). Appaloosa's top position is in Citigroup (C), with a stake worth over $376.9M.
11:28 EDTORCLDavid Tepper's Appaloosa liquidates stake in Oracle
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09:05 EDTSAPCSC expands partnership with SAP
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May 14, 2013
07:30 EDTSAPSAP to host a conference
SAPPHIRE Now is being held in May 14-16.
May 13, 2013
16:27 EDTSAPHewlett-Packard hasn't tried to sell Autonomy to SAP, AllThingsD reports
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10:41 EDTSAPSAP says HP offered to sell Autonomy, London Times reports
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10:00 EDTSAP SAP to host analyst and investor meeting
Analyst and Investor Meeting to be held in Orlando on May 15 at 1 pm. Webcast Link
09:56 EDTSAPSAP to hold a press conference
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07:31 EDTORCLBrightcover to host a conference
3rd Annual Brightcove PLAY Global Customer Conference is being held in Boston on May 13-15.
05:59 EDTSAPSAP sees growth in Asia-Pacific region, WSJ reports
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May 10, 2013
14:52 EDTORCLMarket poised to end week higher as tech helps lead advance
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09:03 EDTORCLBroadSoft could be acquired by Oracle, says Pacific Crest
Pacific Crest believes that Oracle's (ORCL) interest in SMX servers could lead that company to buy Broadsoft (BSFT), which integrates IMS applications with SMX technology, according to the firm. Pacific Crest thinks that BroadSoft could be worth up to $42.50 per share in a takeover deal, and it keeps an Outperform rating on the shares.
May 9, 2013
08:56 EDTSAPSAP volatility flat into analyst and investor meeting
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May 8, 2013
07:16 EDTSAPSAP sees potential $10B sales increase from banking software, Bloomberg reports
SAP, the German maker of business-management software, thinks it can add $10B in revenue from financial applications as banking clients become its fastest growth driver, reports Bloomberg. That compares with $2.5B it expects to receive from financial services providers this year. Reference Link
06:53 EDTORCLOracle estimates raised at Credit Suisse
Credit Suisse raised Oracle estimates due to expectations for hardware product revenue growth in FY14, potential upgrades to the recently released T5 and M5 processors, and revenue growth for Engineered Systems. Shares are Outperform rated with a $40 price target.
May 7, 2013
07:42 EDTSAPSAP to hold a press conference
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