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Market Update
Wednesday, August 31, 2011 - 9:37am | 185Shares of LHC Group Inc (NASDAQ: LHCG) gained about 1.1% after the company announced that proven healthcare development executive Don Adam has joined the Company as senior vice president and chief development officer for home health and hospice services. Shares of SAIC Inc (NYSE: SAI) gained about...
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UPDATE: Wunderlich Initiates Lionbridge Technologies at Buy
Wednesday, August 31, 2011 - 9:06am | 86Wunderlich is out with its report today on Lionbridge Technologies (NASDAQ: LIOX), initiating LIOX at Buy. In its report, Wunderlich writes, "We are initiating coverage of Lionbridge Technologies, Inc. with a Buy rating and $5.00 target price. As the global leader in outsourced language...
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US Stock Futures Up Ahead Of Economic Data
Wednesday, August 31, 2011 - 6:11am | 479US stock futures are higher this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average jumped 98 points to 11,590.00 and S&P 500 index futures rose 12.30 points to 1,217.10. Nasdaq 100 futures gained 21.25 points to 2,248.25. US stocks closed higher on...
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Wunderlich Initiates Lionbridge Technologies At Buy, $5 PT
Wednesday, August 31, 2011 - 5:58am | 25Wunderlich Securities has initiated coverage on Lionbridge Technologies (NASDAQ: LIOX) with a Buy rating and $5 price target.
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Wunderlich Initiates RightNow Technologies At Buy, $39 PT
Wednesday, August 31, 2011 - 5:56am | 25Wunderlich Securities has initiated coverage on RightNow Technologies (NASDAQ: RNOW) with a Buy rating and $39 price target.
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Earnings Scheduled For August 31
Wednesday, August 31, 2011 - 4:51am | 469Joy Global Inc (NASDAQ: JOYG) is projected to report its FQ3 EPS at $1.53 on revenue of $1.17 billion. Shuffle Master Inc (NASDAQ: SHFL) is expected to report its Q3 EPS at $0.15 on revenue of $58.14 million. The Fresh Market Inc (NASDAQ: TFM) is estimated to report its Q2 EPS at $0.19 on revenue...
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Acxiom Corporation Announces $50 Million Stock Repurchase Program
Tuesday, August 30, 2011 - 4:05pm | 176Acxiom Corporation (Nasdaq: ACXM) today announced that the company's Board of Directors has approved a stock repurchase program. Under the program, Acxiom is authorized to repurchase up to $50 million of its outstanding shares of common stock from time to time over the next 12 months in open market...
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Ness Technologies Stockholders Approve Merger with Affiliate of CVCI
Tuesday, August 30, 2011 - 12:49pm | 198Ness Technologies, Inc. (NASDAQ: NSTC) announced today that the company's stockholders voted to approve the company's proposed merger with an affiliate of Citi Venture Capital International, a global private equity investment fund. According to the final tally of shares voted, approximately 28,511...
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Notable Put Options Activity in Safeguard Scientifics
Tuesday, August 30, 2011 - 10:18am | 103Shares of Safeguard Scientifics (NYSE: SFE) are lower on the session by 1.92%, currently trading at $15.36. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago...
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EarlyBird Capital Reiterates Science Applications Hold
Friday, August 26, 2011 - 11:44am | 113EarlyBird Capital reiterated its Science Applications (NYSE: SAI) Hold rating in a research report published today. In the report, EarlyBird Capital states, "Despite expectations for a solid quarter, this stock along with the group have been impacted greatly by the volatility of the market and...
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WPCS Awarded Over $10 Million in New Projects
Thursday, August 25, 2011 - 12:59pm | 109WPCS International Incorporated (NASDAQ: WPCS) has announced that it has received approximately $10.4 million in new contracts. The new contracts include projects to be completed for Sutter Health, Bushnell Center for the Performing Arts, Enfield Police Department, EasCare Ambulance Service,...
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Mantech International: I Spy Profits
Thursday, August 25, 2011 - 12:51pm | 769Price: $36Forward P/E: 9.26Earnings Growth: 9.32%Projected Sales Growth: 14.9%Market Cap: $1.32 billion Why It's Featured: Strong sales and profit growth in weak economy.Danger Zones: Budget cuts at federal level. ManTech International Corporation (NASDAQ: MANT) provides technologies and...
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Telvent Selected to Implement Smart Grid Solutions for Progress Energy Florida
Thursday, August 25, 2011 - 11:04am | 120Telvent (Nasdaq: TLVT) announced today that it has been selected by Progress Energy Florida (PEF) to engineer, design and implement Telvent's OASyS SCADA solution to help the utility better serve its more than 1.6 million electric customers. Telvent will implement its supervisory control and data...
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Notable Call Options Activity in Infosys Limited
Thursday, August 25, 2011 - 10:51am | 91Shares of Infosys Limited (NASDAQ: INFY) are lower on the session by 3.58%, currently trading at $47.74. The stock has been moving largely lower over the past three months and is currently trading below the 50-day average. Options traders are focusing on calls today. A short while ago the...
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Infosys BPO Renews Contract With Alcoa
Thursday, August 25, 2011 - 9:02am | 71Infosys BPO (NASDAQ: INFY) today announced a five year renewal of its contract with Alcoa Global Business Services. Alcoa (NYSE: AA) is a producer of aluminum and alumina with over USD 21 billion in revenues. Infosys BPO's partnership with Alcoa started in 2004 and has grown to include services...