Germany’s SAP AG (NYSE:SAP) detailed plans for slimming its traditional software business, saying job cuts in this sphere could be equivalent to 3% of overall staff but hiring in other areas will lead to growing group-wide employment this year. SAP AG (ADR) (NYSE:SAP) net profit margin is 20.10% and weekly performance is -1.78%. On last trading day company shares ended up $75.42. Analysts mean target price for the company is $63.77. SAP AG (ADR) (NYSE:SAP) distance from 50-day simple moving average (SMA50) is -4.14%.
Adobe Systems Inc. (NASDAQ:ADBE) said that access to its Creative Cloud was restored following an outage that disrupted the Web-based, subscription service to top-selling software programs including Photoshop, Illustrator and Flash for about a day. Adobe Systems Incorporated (NASDAQ:ADBE) shares advanced 0.91% in last trading session and ended the day on $62.20. ADBE gross Margin is 85.70% and its return on assets is 2.60%.Adobe Systems Incorporated (NASDAQ:ADBE) quarterly performance is -9.41%.
NetSuite (NYSE:N) Chairman Evan Goldberg sold 21,788 shares of the stock on the open market in a transaction dated Friday, May 16th. The stock was sold at an average price of $71.09, for a total transaction of $1,548,908.92. Following the transaction, the chairman now directly owns 66,209 shares in the company, valued at approximately $4,706,798. NetSuite Inc. (NYSE:N) shares moved up 2.07% in last trading session and was closed at $75.27, while trading in range of $72.66 – $75.94. NetSuite Inc. (NYSE:N) year to date (YTD) performance is -26.94%.
Zillow (NASDAQ:Z) Director J William Gurley sold 25,539 shares of Zillow stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $105.08, for a total transaction of $2,683,638.12. Zillow Inc. (NASDAQ:Z) ended the last trading day at $110.53. Company weekly volatility is calculated as 5.76% and price to cash ratio as 14.22.Zillow Inc. (NASDAQ:Z) showed a positive weekly performance of 10.72%.
As part of its continuing business transformation, Panasonic Corporation (ADR) (OTCMKTS:PCRFY) of North America is taking steps to demonstrate the kinds of solutions it can bring to the healthcare sector. On last trading day company shares ended up $10.56.
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