Application Software

BluePhoenix Solutions (NASDAQ: BPHX) earlier today announced that Arik Kilman has decided to resign from his position as Chief Executive Officer, effective December 31, 2011 in order to pursue other business interests. Mr. Kilman has served as CEO from 2003 until 2008 and returned to his position...

Oppenheimer has published a report on SuccessFactors (NYSE: SFSF) after second quarter results were reported. In the report, Oppenheimer wrote, "Despite investors' fears that SFSF's markets are becoming saturated, the company delivered an impressive 42% YoY growth in billings (38% organically) and...

Citigroup has lowered the price target on SuccessFactors (NYSE: SFSF) from $45 to $37 and maintains its Buy rating.

Piper Jaffray has raised the price target on Kenexa Corporation (NASDAQ: KNXA) from $36 to $38 and maintains its Overweight rating.

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to...

ACI Worldwide, Inc. (Nasdaq: ACIW) today issued the following statement in response to the announcement by S1 Corporation (Nasdaq: SONE) that S1's Board of Directors rejected ACI's $9.50 per share cash and stock proposal: "Today's announcement from S1 does not change our strong belief that ACI's...

Jefferies has published a report on Intuit (NASDAQ: INTU) lowering the price target from $64.00 to $53.00. In the report, Jefferies wrote, "We surveyed 100+ ProAdvisors that suggest INTU is maintaining share with QuickBooks and upgrade activity is positive. However, our work highlights the ongoing...

According to J.P. Morgan, Synchronoss Technologies (NASDAQ: SNCR), EPS estimates have been decreased from $0.46 to $0.40 in FY11 and have been increased from $0.73 to $0.78 for FY12. Rating is set to Neutral and PT is set to $34. Synchronoss closed yesterday at $28.77.

Tyler Technologies, Inc. (NYSE: TYL) has signed contracts with Matanuska-Susitna Borough Schools, Alaska, and Prince George County, Va., for Tyler's Munis enterprise resource planning solution. The agreements include licenses, hosting services, professional services, maintenance and support, and...

Hyatt Hotels (NYSE: H) +13.52% on upbeat earnings. SM Energy (NYSE: SM) +11.62% on upbeat earnings. AMERIGROUP (NYSE: AGP) +8.20% on Stifel Nicolaus upgrade to Buy. Foster Wheeler (NASDAQ: FWLT) +5.86% on upbeat earnings. Synchronoss Technologies (NASDAQ: SNCR) +7.06% on upbeat earnings...

Bank of America provided color on Taleo (NASDAQ: TLEO). In a research report published today, the rating agency commented on the company's Q2 results, which are due to be published on August 4. In the report, Bank of America states, “Buoyed by the accelerating organic short term subs billings of...

Deutsche Bank is out with its report today on Synchronoss (NASDAQ: SNCR), raising its PT from $46 to $48. In its report, Deutsche Bank writes, "SNCR reinforced its track record of beat-and-raise, printing $55.4m/$0.21 vs. our $54.5m/$0.20 and Street's $54.6m/$0.20. Guidance for FY11 was raised...

Goldman Sachs reiterated its Buy rating on Synchronoss Technologies (NASDAQ: SNCR). At the same time, the rating agency left its price target on the company's stock unchanged at $39. On Monday, SNCR lost 1.64% of its value to finish the day at $28.77. Its shares rebounded strongly in today's pre-...

S1 Corporation (Nasdaq: SONE) announced today that its Board of Directors, after thorough consideration and consultation with its legal and financial advisors, has rejected ACI Worldwide, Inc.'s (NASDAQ: ACIW) previously announced proposal to acquire S1. The Board unanimously concluded that...

Jefferies & Company has lowered the price target on Intuit (NASDAQ: INTU) from $64 to $53 and maintains its Buy rating.