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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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November 24, 2014
08:34 EDTSAPJefferies software analysts hold an analyst/industry conference call
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November 20, 2014
16:48 EDTSAPSAP initiated with a Hold at Jefferies
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November 19, 2014
16:17 EDTSAPConcur shareholders approve acquisition by SAP
Concur (CNQR) and SAP (SAP) announced that Concur's shareholders approved SAP's acquisition of Concur at the meeting of Concur's shareholders held today. SAP and Concur anticipate the completion of the transaction on or about December 4, subject to the satisfaction or waiver of closing conditions, including those related to regulatory approval.
07:30 EDTSAPMorgan Stanley to hold a conference
European Technology, Media & Telecoms Conference is being held in Barcelona, Spain on November 19-21.
07:28 EDTSAPDeutsche Bank to hold a virtual conference
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07:07 EDTSAPSAP doesn't see big acquisitions for the next few years, Reuters reports
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November 17, 2014
12:02 EDTSAPSAP names new Chief Digital Officer, Chief Marketing Officer
SAP (SAP) announced that Jonathan Becher has been appointed as the company's first Chief Digital Officer to lead the company's new digital business unit with immediate effect. SAP has appointed Maggie Chan Jones as Chief Marketing Officer. Jones, who will join SAP from Level 3 Communications (LVLT), spent seven years at Microsoft (MSFT). She has extensive cloud experience having successfully navigated Microsoft's transition from on premise to a cloud business.
November 14, 2014
06:12 EDTSAPSAP to pay Oracle $359M to settle legal battle, WSJ reports
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