Nasdaq turns positive after Reuters first with SAP comments

Reuters was four minutes ahead of Bloomberg on May 11 in reporting SAP AG co-chief executive Leo Apothekers comments saying he expects ‘glimmers of hope’ in the global economy in the second half of 2009. Nasdaq turned positive as technology stocks gained after Apothekers comments. SAP shares, which were earlier up about 1.4 percent on rumors of a Microsoft bid, rose further to be up as much as 3.7 percent in Frankfurt. Reuters was also more than an hour ahead of Bloomberg in reporting that SAP had acquired a small software maker, Clear Standards, as part of its green strategy. Bloomberg only ran its headline when the official press release went out. Dow Jones did not have either headline