SAP acquisition damps stock

Article Abstract:

Shares for the German technology firm SAP AG fell 4% during Oct. 8 European trading due to skepticism over the firm's intent to purchase French software company Business Objects S.A. The $6.78 bil deal is part of SAP's plan to grow revenue out of its core clients.

Acquisitions & mergers, Planning, Mergers, acquisitions and divestments, France, Company acquisition/merger, Company business planning, BOBJ, Business Objects S.A. (Paris, France)

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SAP stock rallies on announcement of conversion plan

Article Abstract:

Germany's business applications software vendor SAP AG announce plans to convert its preferred shares to ordinary shares. SAP AG's stock price posted a 21% increase following the announcement.

Software Publishers, Business Software Pkgs (Micro), Securities prices, Business management software, Suites (Software)

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SAP's net profit rises 15% on strong software sales

Article Abstract:

SAP AG 3rd quarter net profit rose 15% to $366.2 million.

Sales, profits & dividends, Security brokers and dealers, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Labor Distribution by Employer, Statistics, Securities industry, Company sales and earnings, Company earnings/profit

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