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VirnetX Granted Two Security Patents
Tuesday, July 26, 2011 - 8:27am | 56VirnetX Holding Corporation (NYSE: VHC) today announced that on July 26, 2011, it was granted two patents by the United States Patent and Trademark Office: U.S. Patent # 7,987,274, Method for Establishing Secure Communication Link Between Computers of Virtual Private Network and U.S. Patent # 7,986...
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Morgan Stanley Comments on Citrix Systems
Tuesday, July 26, 2011 - 8:13am | 157Morgan Stanley has published a report on Citrix Systems (NASDAQ: CTXS). In the report, Morgan Stanley wrote, " Look for a solid Q2 driven by XenDesktop (XD) and Netscaler, with Q2 at least in line with our lic./rev./EPS ests of $174M / $527M / $0.56, and cons. rev./EPS of $523M / $0.55. CTXS has...
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UPDATE: Bank of America Merrill Lynch Upgrades Mentor Graphics to Buy
Tuesday, July 26, 2011 - 7:19am | 112Bank of America Merrill Lynch is out with its report today on Mentor Graphics (NASDAQ: MENT), upgrading MENT to Buy. In a note to clients, Bank of America Merrill Lynch writes, "Mentor Graphics is the third largest provider of electronic design automation software (EDA). The company has carved out...
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JP Morgan Reiterates Underweight and PT of $30.50 on Advent Software
Tuesday, July 26, 2011 - 7:05am | 48JP Morgan reiterated its Underweight rating on Advent Software (NASDAQ: ADVS). At the same time, the rating agency left its price target on the company's stock unchanged at $30.50. On Monday, ADVS lost 2.29% of its value to finish the day at $26.88.
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Wedbush Lowers PT On Advent Software To $33
Tuesday, July 26, 2011 - 7:00am | 27Wedbush Securities has lowered the price target on Advent Software (NASDAQ: ADVS) from $35 to $33 and maintains its Outperform rating.
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Bank of America Upgrades Mentor Graphics To Buy, $15 PO
Tuesday, July 26, 2011 - 6:20am | 28Bank of America has upgraded Mentor Graphics (NASDAQ: MENT) from No Rating to Buy and has established a $15 price objective.
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Jefferies PT Changes 7/26
Tuesday, July 26, 2011 - 6:11am | 203Jefferies & Company has changed the price target on the following companies: Archer-Daniels-Midland (NYSE: ADM) Buy, PT from $44.00 to $40.00 B/E Aerospace (NASDAQ: BEAV) Buy, PT from $44.00 to $48.00 Broadcom (NASDAQ: BRCM) Buy, PT from $41.00 to $46.00 Canadian National Railway (NYSE:...
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ACI Worldwide Proposes to Acquire S1 Corporation for $9.50 per Share in Cash and Stock
Tuesday, July 26, 2011 - 5:52am | 323ACI Worldwide, Inc. (Nasdaq: ACIW) today announced that it has proposed to acquire all of the outstanding shares of S1 Corporation (Nasdaq: SONE) for per share consideration of $9.50 in a cash and stock transaction valued at approximately $540 million. ACI's proposal represents a 33% premium to S1...
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Stocks to Watch for Tuesday 7/26/2011: Fresh 52 Week Highs and Lows
Tuesday, July 26, 2011 - 3:07am | 1751Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and entry/exit points become more defined. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to lowest):...
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Benzinga's Top Pre-Market Gainers
Monday, July 25, 2011 - 7:15am | 134Roper Industries Inc (NYSE: ROP) rose 6.29% to $89.77 in the pre-market session. ROP reported a 49% rise in its second-quarter profit. E*TRADE Financial Corporation (NASDAQ: ETFC) added 5.24% to $16.46 in the pre-market session. The board of directors of TD Ameritrade Holding Corp (NASDAQ: AMTD)...
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Citrix Systems Earnings Preview: Analyts Expect Higher Earnings, Revenue from Prior Quarter
Friday, July 22, 2011 - 12:11pm | 578Citrix Systems (NASDAQ: CTXS) unveils its next round of earnings this Wednesday, July 27, 2011. Here is Benzinga's everything-that-matters guide for this Wednesday's second quarter earnings announcement. Earnings and Revenue: Analysts are predicting an EPS reading of 46 cents per share and...
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Earnings Preview: Virgin Media EPS, Revenue Expected to Rise from Previous Quarter
Friday, July 22, 2011 - 12:11pm | 531Virgin Media (NASDAQ: VMED) releases its next round of earnings this Wednesday, July 27, 2011. Here's Benzinga's advanced look at Virgin Media's second quarter earnings report. Earnings and Revenue: Wall Street expects a EPS of 17 cents per share and revenues of $1.59 billion. Investors will...
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CDC Corp Gets Noncompliance Letter from NASDAQ
Friday, July 22, 2011 - 7:38am | 126CDC Corporation (NASDAQ: CHINA) announced today that it received a non-compliance notice from the NASDAQ Stock Market stating that the company was not in compliance with NASDAQ Listing Rule 5250 because the company has not timely filed its Annual Report on Form 20-F for the fiscal year ended...
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Wunderlich Reiterates Rating on NetScout Systems
Friday, July 22, 2011 - 7:27am | 133Wunderlich has published a report on NetScout Systems (NASDAQ: NTCT). In the report, Wunderlich wrote, "NetScout Systems (NTCT) reported 1Q12 in line with the negative pre-announcement on July 4. Though bookings performance was troubling, management contends that much of the company's project...
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Deutsche Bank Reiterates Buy and PT of $60 on Informatica
Friday, July 22, 2011 - 7:14am | 47Deutsche Bank reiterated its Buy rating on Informatica (NASDAQ: INFA). At the same time, the rating agency left its price target on the company's stock unchanged at $60. On Thursday, INFA lost 0.85% of its value to end the day at $51.40.