Application Software

Shares of Parametric Technology Corporation (NASDAQ: PMTC) are lower on the session by 0.62%, trading at $22.56. Overall call volume is now running at 4.10x the daily average, with 30% of all calls traded being purchases on the offer. 1,012 contracts have traded on the session so far. Parametric...

Top Image Systems Ltd (NASDAQ: TISA) shares surged 33.17% to create a new 52-week high of $2.73. TISA reported that it has launched mobile banking solutions. Orthovita Inc (NASDAQ: VITA) shares jumped 40.11% to create a new 52-week high of $3.83. VITA agreed to be purchased by Stryker Corp (NYSE:...

PRIMEDIA Inc (NYSE: PRM) jumped 60.50% to $7.03 at 9:50 am. PRM agreed to be purchased by TPG Capital (NASDAQ: TPCG) for $7.10 per share in cash. Orthovita Inc (NASDAQ: VITA) shares advanced 40.11% to $3.8250. VITA agreed to be purchased by Stryker Corp (NYSE: SYK) in a deal valued at $316 million...

Lowe's Companies (NYSE: LOW) reported a 5.7% decline in its fiscal first-quarter net income. The company's quarterly profit dropped to $461 million, from $489 million, in the year-ago period. Its earnings per share came in at $0.34 per share. Its shares outstanding dropped 7.8% to 1.33 billion. The...

Piper Jaffray has a Neutral rating and a $36 price target on shares of Adobe Systems (NASDAQ: ADBE). In a note to investors, Piper Jaffray writes, "We believe estimates for Adobe's May quarter may prove conservative for two reasons: 1) Adobe cut $50m out of its May quarter guidance for Japan, but...

Goldman Sachs reiterated its Buy rating on Autodesk (NASDAQ: ADSK). In a research report published today, Goldman also left its price target unchanged at $51. In the report, Goldman states, "Our bullish thesis on Autodesk is driven by: (1) in our view it is the right time of the economic cycle to...

Citi is out with its report today on Intuit (NASDAQ: INTU), maintaining Buy. In a note to clients, Citi writes, "We continue to recommend owning Intuit shares for the improving small business story. Shares have shown the most volatility in the 1H during tax season, making for attractive entry...

In a recent report, Citi has maintained a Hold/ High Risk rating and $145.00 price target on Saleforce.com (NYSE: CRM) as Citi checks indicate increasing deal sizes. In the report, Citi said, "Sales Cloud traction continues with evidence of continued large deal activity. Momentum continues to...

Mentor Graphics Corporation (NASDAQ: MENT) shares are up sharply today, on the back of news that Carl Icahn has won three seats on the company's board Shares approved all five of Mentor Graphics' proposals on the agenda at the Annual Meeting. At last check, shares of Mentor Graphics were up 93...

Mentor Graphics Corp. (NASDAQ: MENT) today announced that, based on preliminary estimates provided by its proxy solicitor, shareholders have elected five management director nominees and three of Carl Icahn's nominees. In addition, shareholders approved all five of Mentor Graphics' proposals on the...

Mentor Graphics Corp. (NASDAQ: MENT) today announced that, based on preliminary estimates provided by its proxy solicitor, shareholders have elected five management director nominees and three of Carl Icahn's nominees. In addition, shareholders approved all five of Mentor Graphics' proposals on the...

J.P. Morgan is raising its PT on shares of PROS Holdings, Inc. (NYSE: PRO) from $13 to $15. PROS Holdings closed Wednesday at $19.54.

According to Oppenheimer, SuccessFactors (NASDAQ: SFSF) held its annual analyst day. Oppenheimer said that it attended SFSF's analyst day at its annual SuccessConnect user conference. “Customer participation was up meaningfully and our interactions at the event solidified our view that SFSF has a...

Dougherty & Company has raised the price target on Pegasystems (NASDAQ: PEGA) from $34 to $42 and maintains its Neutral rating.

According to Morgan Stanley, SuccessFactors (NASDAQ: SFSF) held its Success Connect user conference. Morgan Stanley said that it attended SFSF's Success Connect user conference and analyst event and came away believing that demand trends remain favorable, interest in suite solutions is building,...