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Oppenheimer Lowering Price Target On iGATE (IGTE)
Wednesday, February 23, 2011 - 8:27am | 170Oppenheimer & Co. is lowering its price target on shares of iGATE Corp. (NASDAQ: IGTE) to $24 from $27, but is maintaining its Outperform rating. In a note to clients, Oppenheimer writes, "After recently assuming research coverage, we have taken a fresh look at iGate, and the merits of its...
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CTG Reports Q4 EPS of $0.16 vs. $0.14
Tuesday, February 22, 2011 - 5:10pm | 91CTG (NASDAQ: CTGX) announced its financial results for the 2010 fourth quarter and full year which ended on December 31, 2010. Solutions revenue in the 2010 fourth quarter increased 41%, or $9.1 million, to $31.2 million, or 36% of total revenue, compared with 33% of total revenue in the 2009...
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BGB Securities Reiterates CIBER Buy, $7 PT (CBR)
Tuesday, February 22, 2011 - 3:53pm | 150BGB Securities reiterated its CIBER (NYSE: CBR) Buy rating and $7 price target in a research report published today. In the report, BGB Securities states, "CBR grew the top line 8% YoY in constant currency, driven primarily by its International segment which grew 18% organically. CBR took several...
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Piper Jaffray Maintains Telvent Git S.A. Overweight, $39 PT (TLVT)
Tuesday, February 22, 2011 - 9:17am | 148Piper Jaffray maintained its Telvent Git S.A. (NASDAQ: TLVT) Overweight rating and $39 price target in a research report published today. In the report, Piper Jaffray states, "We maintain our Overweight rating and $39 price target on shares of TLVT following our discussions with growers at the...
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PC Mall, Inc. Acquires Assets of eCOST.com
Tuesday, February 22, 2011 - 9:14am | 99PC Mall, Inc. (NASDAQ: MALL) announced today that it has acquired through a new subsidiary assets of eCOST.com, a subsidiary of PFSweb, Inc., (NASDAQ: PFSW), including various intangible assets and approximately $1 million of inventory, for $2.3 million. eCOST will continue to operate its primary...
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NASA Awards SAIC $62 Million IT Contract Extension
Tuesday, February 22, 2011 - 8:50am | 102Science Applications International Corporation(NYSE: SAI) today announced it was awarded a contract extension by the National Aeronautics and Space Administration (NASA) for the Unified NASA Information Technology Services contract to continue providing a broad range of information technology...
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Friday's Put/Call Ratio Leaders (ACOR, IT, RDC, GGB, BID)
Friday, February 18, 2011 - 1:46pm | 91Here is a quick peek at stocks that have abnormally high daily put/call ratios today relative to their average…. 1. Acorda Therapeutics Inc. (NASDAQ: ACOR) 2,963 puts, 35 calls 2. Gartner Inc. (NYSE: IT) 2,961 puts, 37 calls 3. Rowan Companies Inc. (NYSE: RDC) 3,046 puts, 122 calls 4. Gerdau SA (...
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Huge Move In Aruba Networks After Earnings (ARUN)
Friday, February 18, 2011 - 12:00pm | 95Aruba Networks (NASDAQ: ARUN) released its quarterly earnings after the closing bell on Thursday. The company reported EPS of $0.14 compared to analysts' consensus estimates of $0.13 and $0.06 in the year ago period. Revenues were up 49.8% year over year. During Friday's trading session, ARUN...
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Yucheng Technologies Reports Upbeat Q4 Earnings
Friday, February 18, 2011 - 7:12am | 57Yucheng Technologies Ltd (NASDAQ: YTEC) reports its Q4 adjusted EPS at $0.16, beating the consensus of $0.13. YTEC reports its Q4 revenue at $21.9 million, versus the consensus of $19.56 million. YTEC shares surged 6.36% to close at $4.18 yesterday. Read more from Benzinga's Company news.
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Piper Jaffray Maintains Overweight on Gartner (IT)
Thursday, February 17, 2011 - 11:56am | 112Piper Jaffray is out with its report today on Gartner (NYSE: IT), maintaining Overweight. In a note to clients, Piper Jaffray writes, "As anticipated, Gartner's investor day was an upbeat affair, reinforcing our confidence in the company's ability to drive 20%+ earnings growth in 2011 and beyond....
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Active Screen - CANSLIM: Top 8 for February 17th
Thursday, February 17, 2011 - 8:26am | 1079It was more of the same from last week with no change in qualifying stocks as ranked by Market Cap. So we still have Free McMoran (FCX), Netflix (NFLX), Apple (AAPL), Baidu (BIDU), Research in Motion (RIMM), Cognizant Technology Solutions (CTSH), Southwestern Energy (SWN), and Intuitive Surgical (...
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NCI, Inc. Reports Record Fourth Quarter and Year End 2010 Financial Results
Wednesday, February 16, 2011 - 5:13pm | 380NCI, Inc. (NASDAQ: NCIT), a leading provider of information technology (IT), engineering, logistics, and professional services and solutions to U.S. federal government agencies, announced today results for the fourth quarter and year ended December 31, 2010. The table below is a summary of our...
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INX Announces Update on 4th Quarter Business Trends
Wednesday, February 16, 2011 - 10:17am | 115INX Inc. (NASDAQ: INXI) today provided an update on certain financial information for its fourth quarter ended December 31, 2010, recent business conditions and the status of completing the restatement of previously issued financial statements and becoming current on its SEC filings. Product...
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Goldman Retains Conviction Buy On Sapient (SAPE)
Wednesday, February 16, 2011 - 8:43am | 162Goldman Sachs is retaining its Conviction Buy on shares of Sapient (NASDAQ: SAPE), and is keeping its $15 price target on shares. In a note to clients, Goldman writes, "We reiterate our CL-Buy rating on SAPE which remains one of our top secular growth recommendations benefiting from the twin waves...
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Puts Purchased on SAIC, Inc. (SAI)
Tuesday, February 15, 2011 - 12:13pm | 162Shares of SAIC, Inc. (NYSE: SAI) are higher on the session by 0.43%, currently trading at $16.47. The stock has been moving largely higher over the past three months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short...