SAP falls after research report and other moves

Shares traded in the US of SAP fell 3.5% after the report target of a probe It investigated whether the German multinational business software group and other companies overpaid US government agencies.

Home Page Shares fell nearly 7% after the builder issued a statement Third quarter profit fell short of analyst expectations lowered its housing gross margin outlook.

shares ford fell 2% and General Engines It fell 3% after both automakers were downgraded by analysts at Morgan Stanley. Ford was cut from Overweight to Equal Weight, while GM was cut from Equal Weight to Underweight.

Progress Software Shares increased by 7% after the software company reported higher earnings in the fiscal third quarterIt exceeded expectations and raised its outlook for this year.

Stitch Correction Shares fall 25% after online styling service forecasting that quarterly and full-year sales will be weaker than expectedHe said there was “still a lot of work to be done” to turn the company around.