I’m hoping you have to go to a museum to see Oracle and SAP software, said a candid CEO during an interview with Cramer.» Read More
Oracle sued SAP, on Thursday for "corporate theft on a grand scale," claiming its business software rival had stolen copyrighted software and other confidential materials.
The news: American International Group Inc., the world's largest insurer, on Thursday reported fourth-quarter profit rose sharply from a year-ago period weighed down by hurricane losses, but results still missed Wall Street projections. The word...
SAP warned that licenses for its corporate software packages, which are a leading indicator of growth, climbed 7% instead of the 9% previously expected for the quarter.
Software giant SAP missed market expectations and its own forecast for fourth-quarter license sales, as growth slowed in the United States, knocking its shares down more than 10%.
The Dow climbed to a new record and the Nasdaq finished at a six year high as falling oil prices drove buyers into consumer, health care and technology stocks.
Weak software sales and a tepid forecast for the current quarter drew attention away from an otherwise in-line earnings report.