×

Stocks SAP AG

  • JOHANNESBURG, Oct 12- Paper maker Sappi said on Friday it will mothball a paper machine at its unprofitable Tugela mill in South Africa from Jan. 1 next year. The company said in a statement that it would restart the machine when market conditions improve. It has sufficient capacity to meet local containerboard requirements, it added.

  • Investment bank Credit Suisse raises its rating on the advertising agency sector and hotels sector to "benchmark" from "underweight," arguing that the stocks in these sectors could benefit from a rise in U.S. consumer spending. However, the outlook is far less strong in Europe, " Credit Suisse strategists write in a note.

  • The Pleasanton, California- based company, considered a leader in the cloud computing sector, opened New York Stock Exchange trading at $48.05 and reached as high as $49.21 after pricing shares above the expected range at $28.00. Duffield and Bhusri left PeopleSoft following its acquisition by Oracle Corp in 2004..

  • The Pleasanton, California- based company, considered a leader in the cloud computing sector, opened New York Stock Exchange trading at $48.05 and reached as high as $49.21 after pricing shares above the expected range at $28.00. Duffield and Bhusri left PeopleSoft following its acquisition by Oracle Corp in 2004..

  • The company raised $637 million by pricing 22.75 million Class A shares, making it the largest tech IPO since Facebook.

  • Marion Kujawa looks over a pond he uses to water the cattle on his farm on July 16, 2012 in Ashley, Illinois. Kujawa has been digging the pond deeper after it began to dry up during the current drought. According to the Illinois Farm Bureau the state is experiencing the sixth driest year on record.

    With severe droughts and little increase in demand, major U.S. food companies are turning to technology in order to increase their pricing power.

  • *Citigroup cuts Sap AG price target to 63 euros from 65 euros;. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.

  • *SocGen raises Sap AG price target to 64 euros from 56 euros; rating. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.

  • *Barclays cuts Sap to equal weight from overweight. Reuters Station users, click. 1568. Reuters Station users, click. 4899.

  • Oct 9- European Software and IT Services. *Bofa merrill raises Atos SA price objective to 57 euros from 53. 1000 P; rating buy* Bofa merrill raises Sap AG price objective to 58 euros from 55 euros; rating neutral.

  • VOLKSWAGEN Indicated 0.7 percent lower. Separately, Volkswagen could start selling its Golf 7 plug-in hybrid car from 2014, a year earlier than previously planned, German magazine WirtschaftsWoche reported, citing no sources.

  • SAN FRANCISCO, Oct 3- Hewlett-Packard offered a 2013 earnings outlook on Wednesday that underscored slow progress on CEO Meg Whitman's turnaround plan and decelerating technology spending worldwide, sending its shares to a nine-year low.

  • SAN FRANCISCO, Oct 3- Hewlett-Packard o ffered a 2013 earnings outlook on Thursday that underscored slow progress on CEO Meg Whitman's turnaround plan and decelerating technology spending worldwide, sending its shares to a nine-year low.

  • SAN FRANCISCO, Oct 3- Hewlett-Packard Chief Executive Meg Whitman on Wednesday blamed unprecedented executive turnover in past years for dragging out the turnaround of the sprawling Silicon Valley computing giant.

  • MUNICH, Oct 1- Top European software company SAP AG said combining its business with Ariba Inc will spur additional growth, as it strives to become the world's largest cloud computing company. SAP bought business and commerce network company Ariba in a $4.3 billion deal, its latest manoeuvre against Oracle in the fast-growing Internet-based computing market.

  • COMMERZBANK Indicated 0.5 percent lower. Commerzbank on Saturday declined to comment on a magazine report that it planned to pay no dividend for its 2013 financial year.

  • Commerzbank on Saturday declined to comment on a magazine report that it planned to pay no dividend for its 2013 financial year.

  • NEW YORK-- German business software maker SAP AG said Monday that it has closed its $4.51 billion acquisition of Ariba Inc., a maker of Web-based software that connects suppliers and buyers online.

  • Oracle

    Prior to Oracle's earnings report yesterday, one trader bought 20,307 Oct. 32-strike puts for $0.79 and sold the same number of the Jan. 34-strike calls for $0.98.

  • Jim Cramer

    To illustrate his point, Cramer compares two similar companies that have very different outlooks.