Application Software

S1 Corporation (Nasdaq: SONE) today issued the following statement in response to the filing of preliminary proxy materials by ACI Worldwide, Inc. (Nasdaq: ACIW), to solicit votes in opposition of S1's proposed combination with Fundtech Ltd. (Nasdaq: FNDT): "The S1 Board of Directors urges S1's...

Adobe Systems Incorporated (Nasdaq: ADBE) today announced the Defense Information Systems Agency, an operating unit of the U.S. Department of Defense, has awarded an expanded contract that includes Adobe® Connect™ Web conferencing software to enable deployed troops, support personnel, and military...

Morgan Stanley has published a research report on SuccessFactors (NYSE: SFSF) stating confidence in the software solutions provider. In the report, Morgan Stanley wrote, " Concerns about Plateau, organic growth, and the broader macro have weighed on SFSF shares and the stock is down nearly 40%...

Goldman Sachs is out with its report today on Autodesk (NASDAQ: ADSK), maintaining Neutral. In its report, Goldman Sachs writes, "Autodesk will report results on Thursday, August 18, after the market close. We are modeling total revenue and EPS of $540 mn and $0.41, in line with consensus and...

Solera Holdings, Inc. (NYSE: SLH) today announced that its Board of Directors has approved an increase in its quarterly dividend of 33% per share of outstanding common stock and per outstanding restricted stock unit. This increase translates into an annual rate of $0.40 cents per share of...

Nuance Communications, Inc. (NASDAQ: NUAN) today announced an agreement to acquire Loquendo, a wholly-owned subsidiary of Telecom Italia. The combination of Nuance and Loquendo's innovations will advance the proliferation of voice-enabled solutions. In particular, it will accelerate the...

ACI Worldwide, Inc. (Nasdaq: ACIW) today announced that it has filed preliminary proxy materials with the Securities and Exchange Commission in connection with the solicitation of votes against proposals related to the proposed merger of S1 Corporation (Nasdaq: SONE) and Fundtech Ltd. (Nasdaq: FNDT...

Citi reiterated its Buy rating on Intuit (NASDAQ: INTU). At the same time, the rating agency left its price target on the company's stock unchanged at $63. On Thursday, INTU closed the day at $42.05. Its shares added 0.21% to their value in today's pre-market trading to stand around $42.14.

TiVo Inc. (NASDAQ: TIVO) today announced that its Board of Directors has authorized the repurchase of up to $100 million of its outstanding common shares over a period of two years. The share repurchase program will be funded through the Company's existing cash. "We believe that the repurchase...

Boeing Company (The) (NYSE: BA) dipped 3.38% to $56.86 in the pre-market session. BA booked 19 new orders for its 777. Sprint Nextel Corporation (NYSE: S) moved down 1.92% to $3.06 in the pre-market session. Sprint Nextel's PEG ratio is -1.02. Adobe Systems Incorporated (NASDAQ: ADBE) fell 0.83%...

Rodman & Renshaw initiated its coverage of Top Image Systems (NASDAQ: TISA) with a Market Outperform rating and a price target of $4. On Thursday, TISA added 5.31% to its value to finish the day at $2.38.

Day after day, the major stock indexes seem to give up the early gains in the final hour of the trading session. This afternoon, the Dow Jones Industrial Average is trading higher by 400.00 points to 11,118.00. This rally higher is broad based as every sector seems to catching a bid higher. All is...

Wedbush is out with its report today on Intuit (NASDAQ: INTU), maintaining Outperform. In its report, Wedbush writes, "We believe INTU will outpace the market based on dependable secular trends that will drive double-digit earnings growth. We see Intuit as a long-cloud, long-mobile technology...

Brinker International Inc (NYSE: EAT) is estimated to report its Q4 EPS at $0.47 on revenue of $710.57 million. NVIDIA Corporation (NASDAQ: NVDA) is projected to report its Q2 EPS at $0.25 on revenue of $1.01 billion. Kohl's Corporation (NYSE: KSS) is projected to report its Q2 EPS at $1.02 on...

Citrix Systems (NASDAQ: CTXS) today announced it has closed the acquisition of RingCube. The technology from RingCube accelerates virtual desktop adoption by eliminating the tradeoff between user personalization and centralized IT management. The terms of the acquisition were not disclosed.