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Stock Market & Financial Investment News

News Breaks
February 23, 2012
07:01 EDTSAP, SFSFSAP completes acquisition of SuccessFactors
SAP (SAP and SuccessFactors (SFSF) announced that SAP has completed the acquisition of SuccessFactors. The acquisition was completed via a short-form merger under Delaware law pursuant to which Saturn Expansion Corporation, an indirectly wholly owned subsidiary of SAP, was merged with and into SuccessFactors, with SuccessFactors surviving the merger as a wholly owned subsidiary of SAP America, Inc., the U.S. operating subsidiary of SAP AG. As a result of the merger, all outstanding shares of SuccessFactors that were not tendered into the previously completed tender offer were converted into the right to receive $40 per share in cash without interest and subject to any required withholding of taxes, the same consideration paid to stockholders in the tender offer.
News For SAP;SFSF 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 10, 2014
05:40 EDTSAPAccenture, SAP expand global alliance through first-of-its-kind agreement
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April 9, 2014
09:35 EDTSAPSAP mentioned cautiously at OTR Global
April 7, 2014
10:10 EDTSAPAnalyst sees 'golden' opportunity after software stocks decline
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