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Stock Market & Financial Investment News

News Breaks
August 19, 2014
05:29 EDTSAPSAP invests $500M in Africa
SAP announced a seven-year plan to up-skill local African talent and drive sustainable innovation and growth in Africa. With more than 1,300 customers across the continent, SAP is already enabling African businesses and governments of all sizes to grow, scale and globalize, as well as make the transition to a networked, technology-driven innovative economy. As part of this commitment, SAP Africa is now taking responsibility for SAP operations across 51 African countries, including Morocco, Algeria and Tunisia and Mauritania.With the vision of helping make Africa run better and improve the lives of Africans, SAP plans to invest up to $500M through 2020 as it continues to build on the region's impressive double-digit growth rate momentum. The goal is to establish the African region as one of the company's top-five growth markets globally. Much of the direct investment will be outside South Africa, where SAP already has a solid footprint.
News For SAP From The Last 14 Days
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January 26, 2015
08:58 EDTSAPSAP CFO says cloud subscriptions can outpace traditional revenue, Reuters says
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January 23, 2015
08:29 EDTSAPEurope is fastest growing region for SAP, WSJ says
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January 21, 2015
09:19 EDTSAPSAP shares should be bought on weakness, says JMP Securities
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08:07 EDTSAPSAP price target lowered to $75 from $87 at Argus
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January 20, 2015
09:11 EDTSAPOn The Fly: Pre-market Movers
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07:15 EDTSAPSAP not interested in buying competitors Workday, Salesforce, Bloomberg reports
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05:25 EDTSAPSAP reports preliminary Q4 non-IFRS EPS EUR 1.31 vs. EUR 1.28 last year
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January 15, 2015
10:00 EDTSAPOn The Fly: Analyst Upgrade Summary
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06:27 EDTSAPIntel to partner with more IT players for Internet of Things, DigiTimes reports
Intel (INTC) is preparing to team up with more IT firms such as AT&T (T), Verizon (VZ), Cisco (CSCO), SAP (SAP), and Microsoft (MSFT) in order to expand the Internet of Things industry in 2015, reports DigiTimes. According to sources from the upstream supply chain, Intel has been playing an active role in helping Taiwan build its smart city infrastructure and has also cooperated with Chunghwa Telecom to develop the IoT and cloud computing applications. Reference Link
06:10 EDTSAPSAP upgraded to Outperform from Perform at Oppenheimer
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06:07 EDTSAPSAP resumed with a Hold at Deutsche Bank
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