Optimum News 12 Newsday.com MSG Varsity Explore LI AM New York Optimum Autos Optimum Homes

Content Preview Newsday 7 day/Optimum Online® subscribers click here for full access
Not a Newsday or Optimum Online® subscriber? Click here

SAP shares slip on CEO's ouster, questions

Quick ReadShares of Germany's SAP slip 2.5 pct after CEO quits; questions about its future linger

Photos

(AP) — German software maker SAP AG's stock slid 2.5 percent Monday, the day after CEO Leo Apotheker unexpectedly resigned and was replaced with a pair of co-chief executives.

The company's stock closed at euro32.56 ($44.53) even as the wider German DAX blue-chip index rose nearly 1 percent.

Analysts said the move was part of the company's effort to regroup and improve earnings performance...

Newsday & ExploreLI are now available at no charge to Newsday 7-day and Optimum Online® subscribers. To continue reading, please log in or register now.

Already
registered on
newsday.com?
Log in
Newsday 7-day
or Optimum Online®
subscriber?
Get access
Not a Newsday 7-day
or Optimum Online®
subscriber?
Click here