Application Software

Recently, many of the leading business software stocks have come under selling pressure. At this time many leading stocks seems to be getting dragged down as the United States debt ceiling debate has no resolution yet. Leading business software stocks such as Oracle Corp.(NASDAQ: ORCL), SAP AG(NYSE...

Stratasys (NASDAQ: SSYS) is trading down almost 11% after reporting Q3 earnings. Illumina (NASDAQ: ILMN) is trading down over 10% after reporting Q2 earnings. Alere (NYSE: ALR) is trading down over 7.5% after reporting Q2 earnings. JDA Software Group (NASDAQ: JDAS) is trading down over 5%. RPC...

According to Piper Jaffray, The Ultimate Software Group (NASDAQ: ULTI), PT is revised. Piper Jaffray announced a change in the PT from $43 to $44 and a change in the FY11 EPS estimates from $0.74 to $0.73. Stock is set to Underweight. ULTI closed on Friday at $56.49.

J.P. Morgan is out with its report today on Parametric Technology (NASDAQ: PMTC), raising its PT from $24.50 to $29. In a note to clients, J.P. Morgan writes, "We are Overweight on PMTC as we believe the improvement in the PLM business is sustainable and the sequential growth in other areas of the...

Benchmark reiterated its Buy rating on JDA Software (NASDAQ: JDAS). At the same time, the rating agency left its price target on the company's stock unchanged at $40. On Tuesday, JDAS lost 1.63% of its value to end the day at $30.25. Its shares continued to slide in today's pre-market trading,...

Piper Jaffray has raised the price target on Ultimate Software Group (NASDAQ: ULTI) from $43 to $44 and maintains its Underweight rating.

Fox International Channels (FIC) has announced the promotion of Jesus Perezagua to President, FIC Europe & Africa. Mr. Perezagua, who is widely credited with spearheading the growth of FIC's business in Europe into the most profitable among its global peers, will add 15 TV channels and online...

JP Morgan has raised the price target on Parametric Technology Corporation (NASDAQ: PMTC) from $24.50 to $29 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 Tuesday's trading session (listed from highest total volume to...

S1 Corporation (Nasdaq: SONE) today announced that it has received a letter dated July 26, 2011 from ACI Worldwide, Inc. (Nasdaq: ACIW) outlining an unsolicited proposal to acquire S1 Corporation for $9.50 per share in a mix of cash and common stock of ACI. As previously announced, on June 26,...

Fundtech Ltd. (Nasdaq: FNDT), in response to recent inquiries, today confirmed that it is aware of a press release by ACI Worldwide, Inc. issued today in which ACI Worldwide has made an offer to S1 Corporation to acquire all of the outstanding shares of S1 for $9.50 per share in cash and stock and...

ANSYS, Inc. (NASDAQ: ANSS) today announced that the U.S. Department of Justice and Federal Trade Commission have issued early termination of the Hart-Scott-Rodino waiting period for ANSYS' proposed acquisition of Apache Design Solutions, Inc. ANSYS currently expects to close the acquisition in...

SAP AG (NYSE: SAP) today announced its financial results for the second quarter ended June 30, 2011. -- 6th Consecutive Quarter of Double-Digit Growth in Non-IFRS Software and Software Related Service Revenue -- Second Quarter Non-IFRS Operating Profit Increased 26% at Constant Currencies...

S1 Corporation (NASDAQ: SONE) is up 31% on Acquisition by ACI Worldwide (NASDAQ: ACIW). ACIW announced earlier today that it has proposed to acquire all of the outstanding shares of S1 Corporation for per share consideration of $9.50 in a cash and stock transaction valued at approximately $540...

Retalix® (Nasdaq: RTLX) today announced that it has acquired MTXEPS, LLC. ("MTXEPS"), a provider of innovative, secure, end-to-end electronic payment software solutions for retailers, delivered via SaaS and in-store models. MTXEPS is a privately held, US-based, fast growing and profitable company...