Application Software

BluePhoenix Solutions (NASDAQ: BPHX) today announced that it extended a $1 Million contract from a leading Chinese financial institution.

Tweets show BMO Capital has allegedly lowered its price target on VanceInfo Technologies (NYSE: VIT) after suspending coverage of Longtop Financial (NYSE: LFT), a Chinese company currently under review for violations of securities laws.

Analysts at Deutsche Bank downgraded Thompson Creek Metals Company Inc (NYSE: TC) from “buy” to “hold.” Thompson Creek's stock closed at $10.13 on Friday. Thompson Creek's trailing-twelve-month ROA is 7.50%. Analysts at Oppenheimer downgraded Riverbed Technology Inc (NASDAQ: RVBD) from “outperform...

Interactive Intelligence Group (Nasdaq: ININ) has acquired Sydney-based CallTime Solutions, an exclusive reseller of the vendor's software suite since 1998.

According to J.P. Morgan, Blackboard (NASDAQ: BBBB) is downgraded to Neutral. J.P. Morgan said that Blackboard is trading at 44.17, or 1.8% from the Providence Equity takeover offer of $45 per share. “We do not expect a competing higher bid so we are downgrading to Neutral from Overweight and...

Tyler Technologies, Inc. (NYSE: TYL) today announced that it has completed the asset acquisition of Yotta MVS, Inc. of North Kansas City, Mo. Yotta, formerly Mobile Video Services, provides field property data verification and collection services, and develops and supplies the software to extract,...

JP Morgan has downgraded Blackboard (NASDAQ: BBBB) from Overweight to Neutral and has lowered the price target from $52 to $45.

Ebix, Inc. (NASDAQ: EBIX) today announced its plan to double its US Exchange sales force in 2011. The Company announced that it plans to hire a total of 44 new sales personnel in the Exchange arena in the United States in 2011. The Company said that it has already hired 14 new Exchange sales...

Blackboard Inc. (NASDAQ: BBBB) today announced it has entered into a definitive agreement under which Blackboard will be acquired by an investor group led by affiliates of Providence Equity Partners in an all-cash transaction valued at approximately $1.64 billion, plus the assumption of...

Benchmark reiterated its Buy rating on Ansys (NASDAQ: ANSS). At the moment, Benchmark has a price target of $60 placed on the company's stock. On Thursday, Ansys lost 0.56% of its value to finish the day at $54.67.

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 Thursday's trading session: 1) Walter Investment Company (NYSE: WAC): Shares of Walter Investment hit a 52-week...

Ebix, Inc. (NASDAQ: EBIX) today announced that its Board of Directors has unanimously approved an increase to the Company's share repurchase program from $45 million to $100 million. The Board also authorized the Company to possibly complete these share repurchases over the next twelve months, and...

Shares of MSC Industrial Direct Co Inc (NYSE: MSM) dropped about 0.5% after the company reported upbeat fiscal third-quarter earnings and issued weaker-than-expected Q4 earnings. MSM reported its quarterly profit at $62.1 million, or $0.97 per share, up from $44.3 million, or $0.69 per share, in...

VirnetX Holding Corporation (NYSE: VHC) today announced that at the request of the Alliance for Telecommunications Industry Solutions, it has agreed to update its licensing declaration to ATIS under ATIS' Intellectual Property Rights policy. This is in response to VirnetX's March 14, 2011,...

Tyler Technologies, Inc. (NYSE: TYL) has signed a contract with the North Carolina State Ports Authority for Tyler's Munis® enterprise resource planning solution. The agreement includes related professional services, maintenance and support. The NCSPA selected Tyler's Munis ERP solution to aid...