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Stock Market & Financial Investment News

News Breaks
May 28, 2014
09:05 EDTSAPSAP forms strategic collaborations
SAP announced a strategic collaboration with Stanford School of Medicine to research the contribution of genetics, environmental exposures, behavior and other factors to disease susceptibility using the SAP HANA platform. Bangkok Airways, Thailand's privately-owned regional airline, has also implemented SAP Business Suite powered by SAP HANA. The company also announced its participation in the Global Alliance for Genomics and Health, a council of industry leaders working to share and analyze large amounts of genomic and clinical data. SAP has also expanded its global agreement with ANCILE under which SAP will resell ANCILE uAlign. .
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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
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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