-
Citi Comments On Autodesk Analyst Day
Monday, June 27, 2011 - 6:53am | 87According to Citi, Autodesk (NASDAQ: ADSK) was recently removed from its least preferred relative call list after shares declined nearly 15% in the month of June versus ~6% for the S&P 500. Citi said that Autodesk 2012 product line-up is substantially focused on broadening the line of suites...
-
UPDATE: Jefferies Color on Autodesk PT Decrease
Monday, June 27, 2011 - 6:52am | 93Jefferies, which lowered its PT on shares of Autodesk, Inc. (NASDAQ: ADSK), is providing some color on the stock. “Ahead of ADSK's analyst day Wednesday, we took a deeper dive into the Suite strategy that is ramping this year,” Jefferies writes. “We think there will be limited incremental impact...
-
A Peek Into The Market Before The Trading Starts
Monday, June 27, 2011 - 6:32am | 442Pre-open movers US stock futures are higher this morning, as investors are awaiting data on consumer spending. Futures on the Dow Jones Industrial Average surged 26 points to 11,907.00 and futures on the S&P 500 stock index rose 4.20 points to 1,267.20. Nasdaq 100 futures jumped 7.75 points to...
-
Jefferies Lowers PT On ADSK, PLD
Monday, June 27, 2011 - 4:50am | 39Jefferies & Company has lowered the price target on the following companies: Autodesk (NASDAQ: ADSK) from $47 to $40, Hold ProLogis (NYSE: PLD) from $33 to $31, Hold
-
S1 To Acquire Fundtech
Monday, June 27, 2011 - 3:22am | 103S1 Corp (NASDAQ: SONE) agreed to acquire Fundtech Ltd (NASDAQ: FNDT) in a stock deal valued at $20.51 per share or about $700 million. S1 will issue 2.72 shares for each share of Fundtech, according to the merger agreement. S1 shareholders will own 55% of the new company and the rest by Fundtech...
-
Top 4 Small-Cap Stocks In The Internet Software & Services Industry With The Highest EPS Estimates
Sunday, June 26, 2011 - 11:08pm | 154Below are the top small-cap internet software & services stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for j2 Global Communications Inc (NASDAQ: JCOM) for the next year ending December, 2012 is $2.49 per share. JCOM's trailing-twelve-...
-
Take the Market's Pulse Using the 200-Day
Friday, June 24, 2011 - 6:09pm | 903Cusick's Corner Over the weekend take a look at the benchmarks and your individual holdings to establish a sense of support. For example, consider looking at the S&P 500 September Future to help understand the general pulse. The S&P is 5 points before getting to the 200-Day Moving Average...
-
Gold Bugs Get Bit 06-24-2011
Friday, June 24, 2011 - 2:14pm | 994Cusick's Corner EU debit crises and austerity measures are the headline risks this market seems to be focused on, what has caught my eye is Gold, GCN11, which is just getting pounded. With the Gold futures right at the $1500 level, I will be watching whether or not the bid comes in and starts to...
-
Friday's Put/Call Ratio Leaders
Friday, June 24, 2011 - 11:28am | 84Here are today's Put/Call Ratio leaders… 1. Carrizo Oil and Gas Inc. (NASDAQ: CRZO) 2,657 puts, 71 calls 2. AFLAC Inc. (NYSE: AFL) 5,519 puts, 208 calls 3. H&R Block Inc. (NYSE: HRB) 7,288 puts, 302 calls 4. Citrix Systems Inc. (NASDAQ: CTXS) 2,618 puts, 130 calls 5. Computer Sciences Corp. (...
-
magicJack VocalTec Lands Michael Tribolet as Chief Business Officer
Friday, June 24, 2011 - 10:43am | 41VocalTec Communications Ltd. (Nasdaq: CALL), the company that invented voice over IP and sold over seven million magicJacks, announced today VoIP industry veteran Michael Tribolet joined the company as its Chief Business Officer.
-
Calls Purchased on SAP AG
Friday, June 24, 2011 - 10:27am | 130Shares of SAP AG (NYSE: SAP) are lower on the session by 2.38%, currently trading at $58.16. The stock has been moving largely lower over the past two months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago the July...
-
Benzinga's Top Pre-Market NASDAQ Gainers
Friday, June 24, 2011 - 7:12am | 98Comcast Corporation (NASDAQ: CMCSA) shares advanced 2.02% to $24.19 in the pre-market session. CMCSA's PEG ratio is 0.95. TIBCO Software Inc (NASDAQ: TIBX) shares advanced 1.92% to $26.50 in the pre-market session. TIBX reported a 64% rise in its Q2 earnings. Sina Corporation (NASDAQ: SINA)...
-
UPDATE: Piper Jaffray Raising Price Target On Tibco Software After Earnings
Friday, June 24, 2011 - 6:59am | 153Piper Jaffray is raising its price target on shares of TIBCO Software (NASDAQ: TIBX) to $25 from $24 after it reported earnings last night. It rates shares at Neutral. In a note to clients, Piper Jaffray writes, "Consistent with our quarterly preview, TIBCO reported strong Q2 results highlighted...
-
Blackboard Up Over 8% in Pre-Market On Possible Buyout
Friday, June 24, 2011 - 6:47am | 57Blackboard (NASDAQ: BBBB) is trading up over 8% in pre-market on a potential buyout deal. The Wall Street Journal reports that Providence Equity Partners is currently in talks to buy Blackboard. The company is currently trading at $44.25.
-
UPDATE: J.P. Morgan Raising Price Target On TIBCO Software
Friday, June 24, 2011 - 6:35am | 99J.P. Morgan Chase & Co. is raising price target on shares on TIBCO Software Inc (NASDAQ: TIBX) to $32 from $30, and it has an Overweight rating on shares after it reported earnings. In a note to clients, J.P. Morgan writes, "For F3Q11, we are increasing our revenue estimate to $221 million...