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Calypto Design Systems Acquires Mentor Catapult C Synthesis Tool from Mentor Graphics
Friday, August 26, 2011 - 9:01am | 72Calypto Design Systems today announced it has acquired Catapult C Synthesis from Mentor Graphics Corporation (NASDAQ: MENT). The merger of two market-leading electronic system level products, Catapult C Synthesis and Calypto SLEC System-HLS verification tool, will create a better integrated ESL...
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Calypto Design Systems Acquires Mentor Catapult C Synthesis Tool from Mentor Graphics
Friday, August 26, 2011 - 9:01am | 72Calypto Design Systems today announced it has acquired Catapult C Synthesis from Mentor Graphics Corporation (NASDAQ: MENT). The merger of two market-leading electronic system level products, Catapult C Synthesis and Calypto SLEC System-HLS verification tool, will create a better integrated ESL...
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Calypto Design Systems Acquires Mentor Catapult C Synthesis Tool
Friday, August 26, 2011 - 9:01am | 72Calypto Design Systems today announced it has acquired Catapult C Synthesis from Mentor Graphics Corporation (NASDAQ: MENT). The merger of two market-leading electronic system level products, Catapult C Synthesis and Calypto SLEC System-HLS verification tool, will create a better integrated ESL...
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Piper Jaffray Initiates SuccessFactors At Overweight, $27 PT
Friday, August 26, 2011 - 5:52am | 24Piper Jaffray has initiated coverage on SuccessFactors (NYSE: SFSF) with an Overweight rating and $27 price target.
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Barrington Research Comments on Solera
Thursday, August 25, 2011 - 4:52pm | 81Barrington Research provided color on Solera (NYSE: SLH) in a research report published today. Barrington Research has previously given Solera an Outperform rating. In the report, Barrington Research states, "Growth in revenue for the quarter were primarily attributable to increases in revenue per...
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Autodesk Acquires Numenus Ray Tracing Technology; Terms Not Disclosed
Thursday, August 25, 2011 - 4:05pm | 47Autodesk, Inc. (NASDAQ: ADSK) announced today that it has acquired certain technology related assets from Numenus GmbH, a software provider of high-end visualization technology used to efficiently render and review 3D datasets. Terms of the transaction were not disclosed.
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Midday Gainers; VirnetX up on Heavy Volume
Thursday, August 25, 2011 - 12:31pm | 67VirnetX Holding (NYSE: VHC) +9.18% on heavy volume. A123 Systems (NASDAQ: AONE) +9.77% on heavy volume. ATP Oil & Gas Corporation (NASDAQ: ATPG) +8.40% on heavy volume. Banro Corporation (NYSE: BAA) +6.43% as gold is bouncing off of its lows.
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Morning Losers; Solera Holdings Down Over 10%
Thursday, August 25, 2011 - 10:35am | 60Solera Holdings (NYSE: SLH) -10.72% despite the upbeat earnings reported yesterday. Patterson Companies (NASDAQ: PDCO) -9.19% despite higher than expected profit. rue21 (NASDAQ: RUE) -6.97 on downbeat earnings. Brinker International (NYSE: EAT) -4.59% on heavy volume.
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Morning Gainers; TiVo up Following Upbeat Earnings
Thursday, August 25, 2011 - 10:27am | 75TiVo (NASDAQ: TIVO) +17.12% on upbeat earnings reported yesterday. Zillow (NASDAQ: Z) +10.81% after reporting Q2 earnings. Morgan Stanley (NYSE: MS) +5.82% after the Bank of American deal with Warren Buffett was announced. Cavium (NASDAQ: CAVM) +7.96% after the company's COO bought 20K shares...
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Tyler Technologies Wins Three Texas Local Government Contracts
Thursday, August 25, 2011 - 9:18am | 40Tyler Technologies, Inc. (NYSE: TYL) has signed contracts with the Texas cities of Bullard, Longview and Texarkana for Tyler's Incode local government software. The agreements include related professional services, maintenance and support.
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Goldman Sachs Raises PT On Solera Holdings To $57
Thursday, August 25, 2011 - 8:58am | 27Goldman Sachs has raised the price target on Solera Holdings (NYSE: SLH) from $55 to $57 and maintains its Neutral rating.
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Leading U.S. Chipmaker Signs Agreement to Implement NetSol's smartOCI Search Engine
Thursday, August 25, 2011 - 8:05am | 54NetSol Technologies, Inc. (Nasdaq: NTWK) today announced that a top U.S. chipmaker has signed an agreement to implement NetSol's smartOCI search engine software in its SAP eProcurement environment. The name of the company and total value of the agreement were not disclosed for competitive reasons.
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Benzinga's Top Upgrades
Thursday, August 25, 2011 - 7:53am | 135Analysts at Robert W. Baird upgraded Synchronoss Technologies Inc (NASDAQ: SNCR) from “neutral” to “outperform.” SNCR's shares closed at $26.80 yesterday. Synchronoss Technologies' trailing-twelve-month revenue is $201.38 million. Analysts at Bank of America upgraded Casey's General Stores Inc (...
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UPDATE: Piper Jaffray Lowers PT on Solera Holdings to $61
Thursday, August 25, 2011 - 7:37am | 128Piper Jaffray is out with its report today on Solera Holdings (NYSE: SLH), lowering its PT to $61 from $62. In its report, Piper Jaffray writes, "Solera posted solid F4Q results, although slower organic revenue growth (5.6% vs. 7.0% in F3Q), the impact of FX, and higher discretionary spending...
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JP Morgan Reiterates View on Solera Holdings
Thursday, August 25, 2011 - 7:36am | 79J.P. Morgan has published a research report on Solera Holdings (NYSE: SLH) In the report, J.P. Morgan wrote, "We're reiterating our Overweight on SLH shares following FQ4,11 earnings. Results exceeded consensus and JPM on revenues (+5.5% ex M&A and currency) and adjusted EBITDA (+17...