Application Software

Shares of VanceInfo Technologies (NYSE: VIT) are lower on the session by 7.83%, trading at $16.59. Overall put volume is now running at 2.02x the daily average, with 93% of all puts traded being purchases on the offer. 2,671 contracts have traded on the session so far. VanceInfo Technologies Inc...

Shares of Ebix (NASDAQ: EBIX) are lower on the session by 2.35%, currently trading at $16.65. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short while ago the...

POINT ROBERTS - August 8, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Aug. 05, 2011. In Friday's session, NuPathe Inc was the top gainer as the stock surged 24.62%. NuPathe Inc (NASDAQ: PATH) soared...

Magic Software Enterprises Inc., a subsidiary of Magic Software Enterprises Ltd. (NASDAQ: MGIC) today announced a technology and marketing cooperation agreement with Roadnet Technologies Inc., formerly known as UPS Logistics Technologies. Roadnet Technologies and Magic Software will cooperate to...

J.P. Morgan is out with its report today on Taleo (NASDAQ: TLEO), maintaining Overweight. In its report, J.P. Morgan writes, "We continue to rate TLEO Overweight because we believe the company offers a unique solution in the underpenetrated market for Talent Management applications. The company...

Merger activity remained steady last week with three new deals announced and one closing. The recent drop in equity markets around the world did not spare stocks that are on our list of pending mergers. Spreads of several deals widened and I used the opportunity to start a position in education...

Shares of Adobe Systems (NASDAQ: ADBE) are higher on the session by 0.38%, currently trading at $26.25. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short while ago...

Many traders and investors see the 52-week high or low as an important indicator. Stocks that have a long-term trend in a certain direction are likely to continue, as that trend is the path of least resistance. In this case, shares of Adobe Systems (NASDAQ: ADBE) are hitting new 52-week lows....

Ebix, Inc. (NASDAQ: EBIX) announced today that it has received the coveted ISO 27001 security certification. The ISO 27001 certification establishes that Ebix' infrastructure and practices meet ISO's stringent standards for security capabilities. Ebix's development and BPO facilities have already...

Blackbaud (NASDAQ: BLKB) gained over 18% in the first hour of trading after reporting positive Q2 earnings. Grand Canyon Education (NASDAQ: LOPE) gained over 17% today after positive Q2 earnings ($0.29 vs $0.23 estimate EPS). Piper Jaffray also raised the price target for the company, to $18 per...

According to Jefferies, Blackbaud (NASDAQ: BLKB), EPS estimates and PT have been revised. Jefferies reported a change in EPS estimates from $1.08 to $1.09 for FY11 and from $1.23 to $1.24 for FY12. PT decreased from $28 to $27 and rating of Hold is being maintained. BLKB closed yesterday at $23...

Jefferies is out with its report today on Ansys (NASDAQ: ANSS), lowering its PT from $56 to $55. In its report, Jefferies writes, "Our $55 PT is 19X our CY12 EPS est at the end of CY11. This remains below the 5 year historic average of 24X, but that reflects lower organic growth than history and...

Jefferies & Company has lowered the price target on Blackbaud (NASDAQ: BLKB) from $28 to $27 and maintains its Hold rating.

Jefferies & Company has lowered the price target on Ansys (NASDAQ: ANSS) from $56 to $55 and maintains its Hold rating.

Blackbaud, Inc. (Nasdaq: BLKB) and Constant Contact®, Inc. (Nasdaq: CTCT) today announced a strategic partnership agreement that will provide small and growing nonprofits with the tools and training they need to optimize their e-marketing programs. The companies will integrate key products and...