SAP AG (SAP) reported third quarter of 2009 net income from continuing operations of 60 cents per share, compared to the Zacks Consensus Estimate of 58 cents. U.S. GAAP software and software-related service revenues were €1.94 billion (previous year: €1.99 billion), a decrease of 3%. U.S. GAAP total revenues were €2.51 billion (€2.76 billion), a decrease of 9%. U.S. GAAP software revenues were €525 million (€763 million), a decrease of 31% (30% at constant currencies). In the third quarter of 2009, SAP closed major contracts in several key regions including Dagrofa/SuperGros, Prada S.p.A., SeverStal OAO, Surgutneftegaz OAO, Swiss Life AG, and Telefonica, S.A. (TEF) in EMEA; Banco Industrial S.A., ConocoPhillips (COP), Dolby Laboratories (DLB), Fairfax County, Research In Motion Limited (RIMM) and Valero Services Inc. in Americas; and APL Co. Pte. Ltd, Department of Foreign Affairs and Trade, Australia, HDFC Standard Life ...

DrStockPick.com Stock Report!

Monday August 31, 2009

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Six Flags, Inc. (OTC Bulletin Board: SIXFQ), the world’s largest regional theme park company, is celebrating Back-to-School 2009 with the Six Flags Back-to-School Blast featuring a national sweepstakes and an exciting concert series with some of today’s hottest talent.

CA (Nasdaq: CA) CA today announced that the U.S. Air Force 45th Space Wing (45th SW), which manages launch operations for Department of Defense space programs, has saved at least $180,000* in hardware and support costs by virtualizing its IT infrastructure, using CA ARCserve Backup to protect data across physical and virtual servers and CA

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MF Cuts Global Outlook; Brazil Hedge Fund Sells Banks, Homebuilders; February Home Prices Up 0.7%; Home Prices in Dubai Could Fall 70%; Apple Tops Forecasts; Feds Search Siemens’ Offices; Freddie Mac CFO Found Dead; E-Bay Beats Street

In its latest global outlook, the International Monetary Fund (IMF) slashed the growth forecast for every major country and urged more recovery actions. The IMF said the global economy will likely contract 1.3% this year and post a 1.9% gain next year, Reuters reported. Mercatto Estrategia FI, a Brazilian hedge fund that is beating 97% of its peers, is selling assets of the country’s largest homebuilders and banks, saying they are overvalued, Bloomberg reported. “Since we’ve lived through a liquidity crisis, it shook up the economy ...