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Stocks SAP AG

  • Chipotle restaurant

    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.

  • Emerging Technology Drives Big Growth: SAP Co-CEO

    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.

  • stock listing back in May, the Pleasanton, California- based company opened New York Stock Exchange trading at $48.05. Earlier in the week, Workday raised its price range to $24 to $26 per share from $21 to $24 per share. The IPO values the company, founded by ex-PeopleSoft executives David Duffield and Aneel Bhusri, at almost $4.5 billion.

  • NEW YORK-- Shares of Workday rocketed higher Friday in their first day of trading on the New York Stock Exchange. That's a bigger bump than the 71 percent first-day gain by casino operator Caesars Entertainment Corp. in February and the 41 percent first-day gain for shares of real estate listing site Trulia Inc. last month.

  • 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.