Talk about a possible default by Greece has caused some concern for SAP in Central and Eastern Europe but it is not changing the company's plans, Manfred Joseph, managing director at SAP CEE, told CNBC.com.
Stocks ended higher for the day on optimism over prospects of a Greek bailout package, despite several reports of economic weakness, but the gains weren't enough to erase a month of losses.
Stocks added to gains reached on optimism over prospects of a Greek bailout package, despite several reports of economic weakness, but the gains weren't enough to erase a month of losses.
SAP’s Co-CEO told CNBC on Monday that the company is aiming to be worth 20 billion euros ($28 billion) by 2015.
The headwinds facing the global economy, while significant, have yet to impact stock markets as investors have focused on rising profitability and the "risk-on" trade being underpinned by loose monetary policy.
The outcome of Wednesday's first ever Federal Open Market Committee (FOMC) press conference is likely to set the tone for the week's and potentially the quarter's trade, with the point at which investors can confirm the end or extension of quantitative easing by the US central bank fast approaching.
His day job is running SAP, the German technology giant that battles for supremacy with Oracle in the business software market across the world, so when Bill McDermott speaks, it is worth paying attention.
The business software giant reported a profit that surpassed Wall Street's forecasts by four cents a share, and the company increased its quarterly dividend.
With the debut of public offerings from Demand Media and Nielsen already this year, analysts expect the tech industry to see a large number of new issuances in 2011.
Many traders are awaiting results from Cisco Systems after the bell today (Wednesday), but it was rival Juniper Networks that turned heads yesterday in the option market.
It's not quite the 'Strange Case of Dr. Jeckyll and Mr. Hyde' but it's close. With so many nations in Europe too scary for investors, would you believe one is actually attractive?
Two of the nation’s most important tech giants reported earnings after the bell. What must you know before you place your next bet?
Stocks bounced off the lows of the session but ended lower as disappointing economic news halted the market's rally and as Merck dragged down the Dow amid problems with a key blood-clotting drug. Merck and Alcoa slumped, as Home Depot rose.
Stocks slumped more in the final hour of trading as disappointing economic news halted the market's rally and a disappointing drug trial for Merck dragged down the Dow. Merck and Alcoa fell, while Home Depot rose.
The company's new software sales surged and beat its own forecasts, and Oracle reported profit ahead of Wall Street estimates, pushing its shares higher in extended trading Thursday.
Asia’s clean bill of health presents two major opportunities. The first is to re-ignite the drive towards closer economic cooperation that has been stalled since the late 1990s Asian Financial Crisis.
As stocks closed higher ahead of Thanksgiving, these market movers grabbed the traders' attention.
Stocks finished the session sharply higher Wednesday ahead of the Thanksgiving holiday, following a handful of reports that offered some hope that the U.S. economy was improving.
Stocks were trading sharply higher Wednesday following a handful of reports that offered some hope that the U.S. economy was improving.
Stocks added to gains Wednesday after a handful of economic reports pointed to an improving economy.