Before coming on Thursday in the U.S., the Thanksgiving turkey on the table the verdict for SAP-Oracle suit was given. Today, SAP profits bring at least a bit of good news. A positive analysts’ study and a positive quarterly report from a computer company taste, from the whole thing with a pinch of rumor – and you have that news stew, the SAP share early this morning helps to get started.
The ingredient “positive analysts’ voice” provided the Americans. Earnings per share could rise in the next three years, each averaging 16 percent, the investment bank wrote in its study. The combination of software licenses, maintenance contracts and stock repurchases for SAP is very lucrative, “added the expert at Merrill Lynch. But that was not yet reached the market. Thus, SAP was traded at 36.20, by -0.06, or -0.16% lower and Oracle was traded at 20.31 by -0.23 or -1.11% lower.
An excellent report on Hewlett Packard contributed. The computer company reported for the fourth quarter, high profits and strong sales. In addition, the Americans look positive for the coming year. From the HP-benefit balance of many computer and software companies, according to the exchange. Because the atmosphere is good in the industry.
The pinch rumor came from the media front. SAP can fund apparently cheaper and lower credit costs by about 60 percent, it said. “Cold coffee”, it says to do so by the Exchange. The story has long been known and has no influence on the course, said a dealer. He was also not impressed by the saber rattling, which is just before the verdict in the Oracle-SAP process louder.
In the dispute between the two arch-rivals is about billions – or millions, depending on who you believe. Oracle calls SAP least 1.7 billion dollars in damages, the Walldorf but want to pay more than $ 41 million.
The dispute is about copyright. An ex-SAP subsidiary has stolen software from Oracle, which had already added to the group headquarters. Therefore, the Americans pulled their opponents before a U.S. court. The eight jurors could make today or tomorrow their decision.
Ailing shares at midday
In the morning the SAP cocktail still seemed to taste good for investors. In a weak market, the stock rose up to € 36.54. During the day, but the stock looks obviously a bit apprehensive on the verdict, which could be very expensive for Walldorf.11