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How Tibco Flashed Classic Sell Signals
Monday, June 20, 2011 - 11:23am | 73Today we'll look at Tibco Software (TIBX). With the market in a correction, it's important to be on the lookout for any sell signals your stocks may be flashing. And Tibco, which develops networking and business process management software, recently flashed some classic warning signs. When buying...
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Options Brief: Adobe Systems Incorporated
Monday, June 20, 2011 - 9:10am | 94Shares of Adobe Systems Incorporated (NASDAQ: ADBE) are higher on the session by 0.33%, trading at $30.57. Overall put volume is now running at 2.37x the daily average, with 4% of all puts traded being purchases on the offer. 6,140 contracts have traded on the session so far. Adobe Systems...
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BluePhoenix Wins $0.7 Million COBOL to Java Modernization Contract From a Leading US Financial Organization
Monday, June 20, 2011 - 7:05am | 173BluePhoenix Solutions (NASDAQ: BPHX) today announced that it was awarded a $0.7 Million contract from a leading US financial organization. The customer selected BluePhoenix to modernize the COBOL to Java environment in order to reduce its cost structure, improve flexibility and have a solid...
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Reviewing RIM's Dismal Earnings Report, Low P/E Ratios, and the Damage Done
Friday, June 17, 2011 - 10:49am | 872By Michael Comeau A look at Research in Motion's headline numbers and a lesson in the dangers of buying stocks based upon low P/E ratios. Yesterday (June 16) after the close, Research in Motion (RIMM) delivered yet another dismal earnings report, continuing one of the most clearly telegraphed...
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News Summary
Friday, June 17, 2011 - 8:36am | 238Shares of Amdocs Ltd (NYSE: DOX) rose about 0.5% after the company agreed to acquire Bridgewater Systems Corp for C$8.20 per share in cash, or about C$211 million ($214 million) in total. The Boards of Directors of both the companies have each unanimously approved the deal. The deal is likely to be...
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Deutsche Bank Highlights Socialization Of CRM As Growth Driver
Friday, June 17, 2011 - 7:26am | 126Deutsche Bank is maintaining its Buy rating and its $210 price target on salesforce.com (NYSE: CRM) after attending the company's CloudForce events in Boston and Washington D.C. According to Deutsche Bank, “Today, salesforce.com hosted a CloudForce event in Boston, following up on CloudForce...
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Piper Jaffray Reports On Positive Checks For TIBX
Friday, June 17, 2011 - 7:06am | 122Piper Jaffray is maintaining its Neutral rating and its $24 price target on TIBCO Software (NASDAQ: TIBX) as the company continues to gain traction in the quarter. According to Piper Jaffray, “Checks indicate Tibco's positive momentum likely continued during fiscal Q2 mainly driven by its core...
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Piper Jaffray Previews Q2 Results On ADBE
Friday, June 17, 2011 - 6:59am | 116Piper Jaffray is maintaining its Neutral rating and $36 price target on Adobe Systems (NASDAQ: ADBE) in advance of the compnay's Q2 results, to be released Tuesday. Says Piper Jaffray, in its report, “Adobe will report Q2 (May-11) results on 6/21. Based on domestic distributor checks and domestic...
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A Peek Into The Market Before The Trading Starts
Friday, June 17, 2011 - 6:23am | 409Pre-open movers US stock futures are higher this morning. Futures on the Dow Jones Industrial Average gained 75 points to 11,974.00 and futures on the S&P 500 stock index rose 9.10 points to 1,272.60. Nasdaq 100 futures surged 13.25 points to 2,208.75. A Peek Into Global Markets Most Asian...
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Amdocs To Acquire Bridgewater Systems
Friday, June 17, 2011 - 5:25am | 152Amdocs Ltd (NYSE: DOX) agreed to acquire Bridgewater Systems Corp for C$8.20 per share in cash, or about C$211 million ($214 million) in total. The Boards of Directors of both the companies have each unanimously approved the deal. The deal is likely to be completed within 90 days. Amdocs doesn't...
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Sybase and China Comservice Form Joint Venture to Ignite Telecommunications Market Opportunities Across China
Thursday, June 16, 2011 - 1:11pm | 84Sybase, Inc., an SAP company (NYSE: SAP) and China Communications Services Corporation Limited today announced the signing of an agreement to form a joint venture to address opportunities in the burgeoning China market. The new company, combining the leading technologies, unrivaled industry...
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Piper Jaffray Neutral On Parametric Technology
Thursday, June 16, 2011 - 7:05am | 125Piper Jaffray has a Neutral rating and a $27 price target on shares of Parametric Technology (NASDAQ: PMTC). In a note to clients, Piper Jaffray writes, "PTC held its annual user conference this week (6/14) in conjunction with an analyst update; we attended the conference and spoke with 48 PTC...
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Nuance Acquires SVOX; Terms Not Disclosed
Thursday, June 16, 2011 - 7:01am | 161Nuance Communications, Inc. (NASDAQ: NUAN) today announced that it has acquired SVOX, a provider of voice solutions for in-car systems and consumer electronics. The combination of Nuance and SVOX's innovations will advance the proliferation of voice in the automotive market, and accelerate the...
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Cooperativa Esercenti Farmacia Selects JDA Software to Better Manage Inventory
Thursday, June 16, 2011 - 6:11am | 47JDA Software Group, Inc. (NASDAQ: JDAS) today announced that Cooperativa Esercenti Farmacia selected JDA Advanced Warehouse Replenishment in the fourth quarter of 2010 to help achieve fast inventory reduction and increase customer service levels across its more than 380 pharmacy customers.
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Salesforce.com Takes 4 Cent Legal Charge
Wednesday, June 15, 2011 - 4:08pm | 133On June 7, 2011, the salesforce.com (NYSE: CRM) Company entered into a preliminary settlement agreement with respect to a California state wage and hour lawsuit that had been filed against the Company early in 2011 in the Superior Court of California, County of San Francisco. The settlement...