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Roadnet Technologies and Magic Software Cooperate to Deliver Integrated Transportation Management Solutions
Monday, August 8, 2011 - 7:39am | 86Magic 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...
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J.P. Morgan Maintains Overweight on Taleo
Monday, August 8, 2011 - 7:33am | 123J.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...
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Merger Arbitrage Mondays – August 8, 2011
Monday, August 8, 2011 - 6:16am | 4847Merger 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...
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Puts Purchased on Adobe Systems
Friday, August 5, 2011 - 2:00pm | 130Shares 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...
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Adobe Hits New 52-Week Lows at $25.44
Friday, August 5, 2011 - 11:53am | 76Many 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....
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Ebix Receives ISO 27001 Certification
Friday, August 5, 2011 - 11:43am | 57Ebix, 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...
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Intraday Gainers 8/5
Friday, August 5, 2011 - 10:22am | 177Blackbaud (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...
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Jefferies Revises EPS Estimates And PT For BLKB
Friday, August 5, 2011 - 9:18am | 52According 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...
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UPDATE: Jefferies Lowers PT on Ansys to $55
Friday, August 5, 2011 - 7:57am | 81Jefferies 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...
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Jefferies Lowers PT on Blackbaud To $27
Friday, August 5, 2011 - 7:49am | 26Jefferies & Company has lowered the price target on Blackbaud (NASDAQ: BLKB) from $28 to $27 and maintains its Hold rating.
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Jefferies Lowers PT On Ansys To $55
Friday, August 5, 2011 - 6:07am | 26Jefferies & Company has lowered the price target on Ansys (NASDAQ: ANSS) from $56 to $55 and maintains its Hold rating.
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Constant Contact and Blackbaud Enter into Strategic Partnership
Thursday, August 4, 2011 - 8:35am | 89Blackbaud, 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...
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Kenexa Announces Acquisition of The Ashbourne Group
Thursday, August 4, 2011 - 7:22am | 38Kenexa (NASDAQ: KNXA) today announced the acquisition of The Ashbourne Group, a supplier of HR and occupational psychology services to businesses in the U.K. and Ireland for almost 20 years.
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Kenexa Announces Acquisition of The Ashbourne Group
Thursday, August 4, 2011 - 7:06am | 175Kenexa (NASDAQ: KNXA) today announced the acquisition of The Ashbourne Group, a supplier of HR and occupational psychology services to businesses in the U.K. and Ireland for almost 20 years. The Ashbourne Group is particularly well recognized for its intense focus on the U.K. public sector as the...
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NASDAQ Top Percentage Gainers: Applied Energetics, Synchronoss, L&L Energy, Liquidity Services
Wednesday, August 3, 2011 - 11:27am | 526POINT ROBERTS - August 3, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for Aug. 02, 2011. Applied Energetics was leading the top gainers list as the stock soared a whopping 52%. Applied Energetics, Inc...