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Stock Market & Financial Investment News

News Breaks
January 10, 2013
13:50 EDTORCL, SAPSAP 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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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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