Application Software

Adept Technology, Inc. (Nasdaq: ADEP) today announced that Walls Machinery has secured an order for two dual OctoLoader systems inclusive of four Adept Quattro s650H robots to automate secondary packaging operations for a leading shelf ready food packaging company.

Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced it has acquired Azuro, Inc., a company that has pioneered a paradigm shift in the digital implementation and optimization of next-generation SoCs. The acquisition was completed July 11, 2011, and is not expected to have a material...

Goldman Sachs resumes coverage on Adobe Systems (NASDAQ: ADBE) with a Sell. The firm's price target on Adobe Systems is $32.

Quest Software, Inc. (Nasdaq: QSFT) today announced preliminary financial results for the quarter ended June 30, 2011. Total revenues are expected to be between $201 and $204 million. Based on expected total revenues and preliminary estimates of expenses, pro forma earnings per share are expected...

Wunderlich Securities provided color on the application networking sector. In a research report published today, Wunderlich states, “Industry checks have been positive for application networking companies. We believe a rapid return on investment credentials makes demand for products from Allot...

Goldman Sachs provided color on the software sector. In a research report, Goldman reiterated its Neutral rating on the industry, as well as highlighted its best picks. In the report, Goldman states, “We resume coverage of the software sector with a Neutral coverage view… We are most bullish on...

Goldman Sachs suspends coverage on Akamai Technologies (NASDAQ: AKAM), BMC Software (NASDAQ: BMC), CA, Inc. (NASDAQ: CA), CommVault Systems (NASDAQ: CVLT), Limelight Networks (NASDAQ: LLNW), Nuance Communications (NASDAQ: NUAN), Quest Software (NASDAQ: QSFT), SolarWinds (NYSE: SWI), and TIBCO...

Not all of them have been good ideas and not all of them will be around five years from now, but ETF issuers have been firing off new ETFs and ETNs at a rapid pace this year as the March-June period saw over 150 new funds come to market. Choice is always good for investors, but as has been noted...

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Monday's trading session (listed from highest total volume to lowest): 1) BioSante Pharmaceuticals (NASDAQ: BPAX...

VirnetX Holding Corporation (NYSE: VHC) has been rallying over the past week amid heavy call volume and increasing implied vols. What is driving the action isn't known at present based on a look at the stock. After remaining steady at the $26-$28 mark for much of June, VHC has now climbed to $38.89...

Oppenheimer is out with its report today on ClickSoftware Technologies (NASDAQ: CKSW), reiterating Outperform. In a note to clients, Oppenheimer writes, "Our recent checks indicate that CKSW generated a solid 2Q and that its outlook remains positive. We believe upside to our estimates of $19.8M/$0...

Merger activity decreased last week with three new all-cash deals announced and four closing. You can find all the active deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2011 121 Total...

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Friday's trading session (listed from highest total volume to lowest): 1) Melco Crown Entertainment (NASDAQ:...

The first cloud computing ETF has arrived.  On Wednesday (7/6/11), the First Trust ISE Cloud Computing Index Fund (SKYY) was listed for trading on the NASDAQ.  Part of the reason investors had to wait so long is that like its namesake, cloud computing is somewhat amorphous, with no clearly defined...

By Damian Thompson An education software player privatizes, a payments behemoth gets bigger, and a social network player gains influence. Blackboard Graduates to the Middle of the Class? Blackboard Inc (NASDAQ: BBBB) announced today that it has agreed to be acquired by a group of investors lead...