Application Software

Lawson Software, Inc. (Nasdaq: LWSN) today reported preliminary financial results for its fourth quarter of fiscal year 2011, which ended May 31, 2011 GAAP revenues of $208 - $212 million; non-GAAP revenues of $210 - $214 million GAAP EPS of $0.06 - $0.07; non-GAAP EPS of $0.15 - $0.16 Cash...

The Technology sector is continuing to weaken throughout today's trading session, currently down 1.8% on the day. The weakest stocks in the S&P Technology Sector currently are 1) Autodesk (NASDAQ: ADSK): Shares of Autodesk are currently trading down 3.9% from yesterday's close to $36.43. The...

The stocks below are showing signs of, or already in the process of, breaking down as the smart money appears to be leaving them in a subtle manner. There are stocks trading at its peak and finally showing some vulnerability, while on the other extreme, there are stocks that have been in a channel...

Shares of SAP AG (NYSE: SAP) are lower on the session by 2.44%, trading at $60.33. Overall put volume is now running at 4.75x the daily average, with 62% of all puts traded being purchases on the offer. 1,065 contracts have traded on the session so far. SAP AG is engaged in enterprise...

Fundtech Ltd (NASDAQ: FNDT) shares rose 1.23% to create a new 52-week high of $20.53. FNDT announced a cash dividend of $0.10 per share for June. Pharmacyclics Inc (NASDAQ: PCYC) shares gained 0.33% to create a new 52-week high of $8.91. PCYC had $54.41 million in total cash and no debt for the...

AT&T (NYSE: T) today opened its latest AT&T Foundry innovation center in Ra'anana, Israel, together with Amdocs (NYSE: DOX). The facility is a collaborative environment where AT&T and technology providers work with start-ups and developers to get the latest innovations and services into...

Jefferies is out with its report today on Parametric Technology (NASDAQ: PMTC), reiterating Buy. In a note to clients, Jefferies writes, "PMTC's annual user group event was upbeat, with the company highlighting the expanding product portfolio, recent acquisition of embedded software functionality...

According to J.P. Morgan, Parametric Technology (NASDAQ: PMTC) provided a preliminary revenue outlook for FY12 that was better than expected. J.P. Morgan said that the company is gradually investing in sales over the next year, which eats some of the accretion from MKS in FY12. “Remain committed...

Piper Jaffray has raised its price target on FactSet Research Systems (NYSE: FDS) from $89 to $103, but is maintaining its Neutral rating after an in line F3Q from the company. Says Piper Jaffray, in the report, “With FactSet shares trading at an 83% premium to the S&P500 P/E, well above the...

Piper Jaffray has raised the price target on FactSet Research (NYSE: FDS) from $89 to $103 and maintains its Neutral rating.

Below are the top mid-cap technical & system software stocks on the NYSE and the NASDAQ in terms of PEG ratio Parametric Technology Corporation (NASDAQ: PMTC) has a PEG ratio of 1.33. PMTC's trailing-twelve-month operating margin is 8.13%. Cadence Design Systems Inc (NASDAQ: CDNS) has a PEG...

Cusick's Corner The market has bounced with some conviction on news that Japan is printing money, there were better than expected Retail Sales & PPI dropped. Copper, JJC, was a real winner on the Japan news, and equities squeezed the shorts on the news that Commodity pricing is pulling back,...

Shares of FactSet Research Systems Inc. (NYSE: FDS) are lower on the session by 4.72%, trading at $99.37. Overall put volume is now running at 13.43x the daily average, with 49% of all puts traded being purchases on the offer. 1,195 contracts have traded on the session so far. FactSet Research...

Fundtech Ltd. (Nasdaq: FNDT), in response to recent news articles, today confirmed that it is in preliminary discussions regarding potential transactions. The company is regularly involved in discussions with parties regarding potential transactions, including potential acquisitions and other...

The Technology Sector is showing strength in today's action, currently trading up 1.4% on the day. The strongest stocks currently in the S&P 500 Technology Sector are: 1) MEMC Electronic Materials (NYSE: WFR): Shares of MEMC Electronic Materials are currently trading up 5% from yesterday's...