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SAP

SAP

$112.47

-0.73 (-0.64%)

13:02
01/22/18
01/22
13:02
01/22/18
13:02

SAP to invest over EUR2B in France over five years

SAP CEO Bill McDermott announced a series of planned investments for SAP's operations in France over the next five years to accelerate the company's digital strategy and support France's growing position as a hub of innovation. The move includes: opening the second SAP.iO Foundry location in Europe to provide more than 50 startups with mentorship, technology and access to the vibrant SAP ecosystem; investment by SAP.iO Fund in French startups in the seed or Series A round; spend by SAP of EUR150M in research and development annually over the next five years; acquisition of Recast.AI to accelerate development of SAP Leonardo Machine Learning capabilities. Signaling its continued support for France, SAP estimates a more than EUR2B spend over five years, intended to accelerate the company's fast growth in the cloud and advance a technology community focused on machine learning, blockchain, the Internet of Things and software as a service. The step reflects SAP's global strategy - fueled by the SAP Leonardo digital innovation system - to help every organization become an intelligent enterprise. SAP will focus on startups that build solutions complementary to the SAP Leonardo system to foster fast collaboration and global scale.

  • 22

    Jan

SAP SAP
$112.47

-0.73 (-0.64%)

01/12/18
COWN
01/12/18
DOWNGRADE
Target $114
COWN
Market Perform
SAP downgraded to Market Perform at Cowen
As reported previously, Cowen analyst J. Derrick Wood downgraded SAP to Market Perform from Outperform. He said his data points over the last six months screen relatively poor and that earnings growth is facing a material deceleration in the quarters ahead due to foreign exchange headwinds. Wood lowered his price target to $114 from $117 on SAP shares.
01/12/18
COWN
01/12/18
DOWNGRADE
COWN
Market Perform
SAP downgraded to Market Perform from Outperform at Cowen
01/11/18
MSCO
01/11/18
DOWNGRADE
MSCO
Equal Weight
SAP downgraded to Equal Weight from Overweight at Morgan Stanley
10/20/17
BMOC
10/20/17
NO CHANGE
Target $115
BMOC
Market Perform
SAP price target raised to $115 from $110 at BMO Capital
BMO Capital analyst Keith Bachman raised his price target on SAP to $115 following Q3 results. Bachman says that growth in the company's cloud business remains strong and on-premise software licensing is resilient. The analyst notes share should be supported over the near term based on very strong Q4 outlook, but maintains a Market Perform rating on valuation.

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  • 28

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EADSY

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BX

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PEGA

Pegasystems

$60.00

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GOOG

Alphabet

$1,213.65

-28.3 (-2.28%)

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$1,232.30

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$1,213.65

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NAVB

Navidea

$0.14

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PNC

PNC Financial

$142.03

-0.7 (-0.49%)

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  • 12

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RCI

Rogers Communications

$52.16

0.13 (0.25%)

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IEX

IDEX Corp.

$151.57

-0.375 (-0.25%)

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ALGN

Align Technology

$350.54

-18.07 (-4.90%)

17:37
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Align Technology VP Stuart Hockridge sells over $1M in company stock »

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SYMC

Symantec

$18.56

-0.1 (-0.54%)

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  • 12

    Sep

CAAP

Corporacion America Airport

$9.15

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  • 22

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ALGN

Align Technology

$350.54

-18.07 (-4.90%)

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ACXM

Acxiom

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  • 06

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MDXG

MiMedx

$3.97

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DL

China Distance Education

$7.85

-0.36 (-4.38%)

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  • 15

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BPY

Brookfield Property

$19.71

0.06 (0.31%)

, GGP

GGP

$21.41

-0.02 (-0.09%)

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BPY

Brookfield Property

$19.71

0.06 (0.31%)

GGP

GGP

$21.41

-0.02 (-0.09%)

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SGMS

Scientific Games

$29.30

-2.05 (-6.54%)

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CACI

CACI

$180.30

-1.2 (-0.66%)

16:44
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Earnings
CACI backs FY19 EPS view $8.98-$9.38, consensus $9.18 »

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  • 16

    Aug

CACI

CACI

$180.30

-1.2 (-0.66%)

16:44
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Earnings
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  • 16

    Aug

BGG

Briggs & Stratton

$18.41

-0.13 (-0.70%)

16:43
08/15/18
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Earnings
Briggs & Stratton sees FY19 EPS $1.35-$1.55, consensus $1.25 »

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  • 16

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NSP

Insperity

$110.70

-1.2 (-1.07%)

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BGG

Briggs & Stratton

$18.41

-0.13 (-0.70%)

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Earnings
Briggs & Stratton reports Q4 adjusted EPS 47c, consensus 41c »

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  • 16

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