Shares of cloud-based e-commerce software provider ChannelAdvisor surged in their debut, as enterprise software makers continue to draw investor attention.» Read More
German business software maker SAP issued guidance for 2013 operating profit that beat market expectations, and the company's co-Chief Executive Jim Hagemann Snabe told CNBC the software industry is being split into two.
"I think the market is psychologically prepared to continue without Apple, and if Apple gets involved, it could give it a little bit of an adrenalin shot," one pro said.
A flood of earnings reports, including major technology and industrial companies, could make or break the stock market’s surprise January rally in the week ahead.
Next week is huge for tech earnings, with two of the biggest names in mobile, Apple and Google, stepping up to the plate.
*Figures contrast with those of top rival Oracle. FRANKFURT, Jan 15- Quarterly earnings from SAP AG fell short of expectations on Tuesday, showing the German business software maker failed to keep up with arch-rival Oracle Corp and sending its shares sharply lower.
Technology stocks fell to push European shares lower and send Germany's benchmark DAX index to a 2013 low on Tuesday.
With the sector challenged broadly, Cramer said in technology you've got to pick your plays carefully.
As the concept of the cloud is fully embraced, software companies will be primary drivers. Here are two names to consider in 2013.
BOSTON, Jan 2- While Washington fiddles, corporate America fumes. U.S. executives on Wednesday sharply criticized the political log-jams in Washington that delayed until Jan. 1 the deal to keep the U.S. economy from sliding over the "fiscal cliff" and into recession.
*Oracle offers $23.50 per share, a 31 pct premium. Dec 20- Oracle Corp agreed to buy Eloqua Inc, a maker of web-based marketing automation software that listed in August, for about $810 million as it seeks to expand its cloud-computing services.
Sometimes you can’t make a call until you hit the books. What has Cramer learned about these names?
How could HP and its army of lawyers, accountants and investment bankers miss warning signs on Autonomy and go ahead with the deal?
They may be household names, but on Tuesday’s broadcast Jim Cramer said two companies had no business in your portfolio.
THE NUMBERS: Business software maker SAP AG's third-quarter profit fell 51 percent because of a large year-ago gain stemming from a legal settlement. But revenue grew 16 percent, and the company lifted its sales outlook for the year.
Business software firm SAP is seeing double-digit growth as it invests in cloud computing, data solutions and mobile — areas that are seeing massive growth, co-CEO Bill McDermott told CNBC’s “Squawk Box” on Wednesday.
FRANKFURT, Germany-- Business software maker SAP AG saw its third quarter profit fall from a year ago because of a large one-time gain booked then, but the company raised its sales outlook for the year and said its business in cloud computing was growing fast.
WASHINGTON _ Commerce Department releases new home sales for September, 10 a.m.. WASHINGTON _ Federal Reserve policymakers meet to set interest rates. BERLIN _ Germany's Ifo institute releases its monthly index of business confidence, a closely watched indicator for Europe's biggest economy.
Caterpillar Inc. reports quarterly financial results. Hasbro Inc. reports quarterly financial results. Peabody Energy Corp. reports quarterly financial results.
Shares of Workday Inc. jumped Monday in its second day of trading as a public company. The company raised $637 million in its IPO, selling 22.8 million shares for $28 each, above the expected range of $24 to $26 per share. It competes with giant corporations in enterprise software like Oracle Corp. and SAP AG.
*Workday shares reach session high $51.32. Oct 12- Shares of Workday Inc. The cloud computing company whose services compete with rivals such as Oracle Corp.