Application Software

According to Piper Jaffray, Salesforce.com (NYSE: CRM) transactions shows that growth has accelerated to 64% in the first two months of FQ2 from 62% during the same period last quarter. Piper Jaffray said that it notes the significance of this by highlighting the historical 90% correlation between...

Ansys Inc (NASDAQ: ANSS) agreed to buy Apache Design Solutions for $310 million in cash. The transaction is likely to close in the third quarter of 2011. "We are very excited about the power-efficient design software that Apache adds to ANSYS' simulation capabilities," said James E. Cashman III...

Jefferies, which lowered its PT on shares of Parametric Technology (NASDAQ: PMTC), is providing some color on the stock. “We have trimmed our forecasts and PT on PMTC following a downtick in our channel survey work,” Jefferies writes. “However, we think a soft patch in the economy should be...

Jefferies is out with its report today on Salesforce.com (NYSE: CRM), reiterating Buy. In a note to clients, Jefferies writes, "Following checks and conversations with industry contacts, we reiterate our positive stance on Salesforce.com. Demand trends sound good, especially around Service Cloud,...

According to Jefferies, Autodesk (NASDAQ: ADSK) reiterated F2Q12 and FY12 estimates and described linearity in the current Q as normal. Jefferies said that mgmt used the analyst day to underpin LT financial targets of 12-14% rev growth and a move to 30%+ NG OM with discussion around suites, web...

Morgan Stanley has an Equal-Weight rating on shares of Autodesk (NASDAQ: ADSK) after the company held its analyst day. In a note to clients, Morgan Stanley writes, "At their analyst day, ADSK management spoke to a broadening product portfolio, expanded suite strategy, sales investments, and new...

Gainers: US Airways (NYSE: LCC) is trading up near 12% after an agreement was announced yesterday with Greek airline Aegean. First Solar (NASDAQ: FSLR) is trading up near 6% after it was guaranteed 3 loans by the Department of Energy. Dendreon (NASDAQ: DNDN) is trading up near 2.50% after...

Bank of America Merrill Lynch is out with its report today on Autodesk (NASDAQ: ADSK), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "We reiterate our Buy and view ADSK as a winner in the CAD software space. ADSK has sold off in the past month (-9% vs. NASDAQ at -2...

Pre-open movers US stock futures are slightly higher this morning, as investors are awaiting jobless claims and Chicago PMI data. Futures on the Dow Jones Industrial Average surged 16 points to 12,234.00 and futures on the S&P 500 stock index rose 1 point to 1,305.30. Nasdaq 100 futures gained...

ANSYS (NASDAQ: ANSS) announced today that they signed a definitive agreement whereby ANSYS will acquire Apache for a purchase price of approximately $310 million in cash, which includes an estimated $29 million in cash on Apache's balance sheet. The agreement also includes retention provisions and...

Jefferies has changed the price targets on the following companies: Monsanto (NYSE: MON) Hold, From $73.00 to $74.00 OMNOVA (NYSE: OMN) Buy, From $11.00 to $10.00 Parametric Technology (NASDAQ: PMTC) Buy, From $28.00 to $27.00 Qlik Technologies (NASDAQ: QLIK) Buy, From $34.00 to $39.00

TruthisTreason.net – Kevin Hayden Source: Natural News In a new twist to the TSA saga to which we can only say, “We told ya so,” the Electronic Privacy Information Center (EPIC) has obtained documents through the Freedom of Information Act (FOIA) that reveal TSA employees are reporting “cancer...

TruthisTreason.net – Kevin Hayden Source: Natural News In a new twist to the TSA saga to which we can only say, “We told ya so,” the Electronic Privacy Information Center (EPIC) has obtained documents through the Freedom of Information Act (FOIA) that reveal TSA employees are reporting “cancer...

Lawson Software (NASDAQ: LWSN) today announced that at the special meeting of Lawson's stockholders held today, the stockholders voted to approve the proposed merger with GGC Software Holdings, Inc., an affiliate of Golden Gate Capital and Infor. The proposal to adopt the merger agreement was...

@markflowchatter reports that TiVo (NASDAQ: TIVO) is trading higher after a Janney report that speculates the company could be bought out. @markflowchatter speculates that Microsoft (NASDAQ: MSFT), Google (NASDAQ: GOOG), and others could be possible suitors for the company.