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Stock Market & Financial Investment News

News Breaks
August 18, 2014
09:06 EDTSGI, SAPSGI opens new German subsidiary
SGI (SGI) has opened a new subsidiary called SGI GmbH that will operate as an SAP Center of Excellence in Heidelberg, Germany as part of a strategic move to more closely support SAP (SAP) business initiatives. The Center, which will open by October 31 and will be led by SGI COO, Cassio Conceicao, from the SGI corporate headquarters in Milpitas, CA will support key operations that further the SAP and SGI strategic partnership.
News For SGI;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
January 27, 2016
19:30 EDTSGIOn The Fly: After Hours Movers
UP AFTER EARNINGS: Facebook (FB), up 11.4%... Mellanox (MLNX), up 6.4%... Paypal (PYPL), up 5%... Crown Castle (CCI), up 2.2%... Citrix (CTXS), up 2.4%... Las Vegas Sands (LVS), up 1%... SanDisk (SNDK), up 1%. ALSO HIGHER: Radius Health (RDUS), up 1.2% after announcing a clinical collaboration with Novartis (NVS)... LinkedIn (LNKD) is up 2.4%, Alphabet (GOOG, GOOGL) is up 2.2% and 2.6%, respectively, Netflix (NFLX) is up 1%, Amazon.com (AMZN) is up 2%, and Twitter (TWTR) is up marginally after Facebook reported quarterly results... MGM Resorts (MGM) is up 2.2% and Wynn Resorts (WYNN) is up 2.2%. DOWN AFTER EARNINGS: ServiceNow (NOW), down 16.5%... eBay (EBAY), down 12.8%... United Rentals (URI), down 9.7%... Juniper Networks (JNPR), down 9.6%... Silicon Graphics (SGI), down 9.1%... Discover Financial (DFS), down 7.4%... InvenSense (INVN), down 6.1%... Core Laboratories (CLB), down 4.3%... Vertex Pharmaceuticals (VRTX), down 1.1%. ALSO LOWER: Incyte (INCY), down 12.8% after announcing that it will halt the Phase 2 sub-study of ruxolitinib or placebo in combination with regorafenib after a planned interim analysis of the high CRP subgroup demonstrated that ruxolitinib plus regorafenib did not show a sufficient level of efficacy to warrant continuation.
17:41 EDTSGISilicon Graphics expects to be profitable in Q3 on a non-GAAP basis
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16:14 EDTSGISilicon Graphics sees FY EPS 25c-35c, consensus 30c
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16:07 EDTSGISilicon Graphics reports Q2 EPS 14c, consensus 5c
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16:06 EDTSGISilicon Graphics files $75M mixed securities shelf
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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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