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Stock Market & Financial Investment News

News Breaks
January 27, 2014
08:04 EDTSAPSAP eyes cloud computing acquisitions, Reuters reports
SAP, the German business software maker, may begin to look at large acquisition targets again, with an eye on cloud computing firms, according to the company's CFO Werner Brandt, says the weekly Euro am Sonntag, reports Reuters. Reference Link
News For 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

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