Friday, February 02, 2007
SAP shares slump on disappointing 2007 outlook | Jayed.us
SAP shares slump on disappointing 2007 outlook Jayed.us: "Shares in SAP, the world’s leading maker of business software, have tumbled on the stock exchange here after the group warned that profitability could decline slightly this year. In mid-morning trading in Frankfurt, SAP shares were showing a loss of 2.03 euros or 5.29 percent at 36.34 euros, making it the biggest loser on the blue-chip DAX 30 index. Investors were disappointed by the group’s warning that increased investment could eat into SAP’s bottom line in 2007."
