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Tuesday, February 9, 2010

"An outsider might wonder if congratulations, or condolences, were more in order" for Bill McDermott, newly promoted, Newtown Square-based co-CEO of software giant SAP AG. SAP shares fell 6 percent on the news, to a six-month low.

But McDermott insists SAP has a solid customer base and plenty of new products "in the pipeline." More in today's PhillyDeals column in the print Inquirer here.

Posted by Joseph N. DiStefano @ 11:14 AM  Permalink | Post a comment
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About Joseph N. DiStefano
Joseph N. DiStefano writes this blog to feed his PhillyDeals column in the Philadelphia Inquirer. Joe has been a member of Bloomberg LP’s New York Finance Team, wrote the book “Comcasted,” taught writing at St. Joseph’s University, and studied economics and history at Penn. Reach Joe at 215-854-5194 and JoeD@phillynews.com