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Hospira Misses; 2011 View Weak - Analyst Blog
Wednesday, February 2, 2011 - 2:15pm | 806Hospira Inc.(HSP) reported earnings per share of 77 cents for the fourth quarter of 2010, much below the Zacks Consensus Estimate of 93 cents and the year-earlier earnings of 87 cents. The lackluster earnings performance was due to lower revenues and higher research and development expenses....
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Riverbed Breaks Out To New Intra-Day High (RVBD)
Wednesday, February 2, 2011 - 1:01pm | 60Shares of Riverbed Technology (NASDAQ: RVBD) have broken out to new intra-day highs. The stock has jumped 1.89% to $36.16. Year-to-date, RVBD shares have risen 2.79%. Riverbed Technology, Inc. (Riverbed) has developed solutions to the fundamental problems associated with information technology (IT...
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Morning Market Movers (ZANE, NAVI, ICGN, APKT)
Wednesday, February 2, 2011 - 11:02am | 149Zanett Inc (NASDAQ: ZANE) jumped 37.29% to $1.62 at 10:00 am. ZANE shares have surged 247.06% over the past 52 weeks, while the S&P 500 index has gained 18.51% in the same period. NaviSite Inc (NASDAQ: NAVI) shares surged 31.48% to $5.43. Time Warner Cable Inc (NYSE: TWC) announced its plans to...
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Benzinga's Top Pre-Market NASDAQ Gainers (ERTS, MGIC, APKT, NSTC)
Wednesday, February 2, 2011 - 9:16am | 134Electronic Arts Inc (NASDAQ: ERTS) rose 9.80% to $17.15 in the pre-market session. ERTS issued upbeat projections for its current quarter and also announced its plans to repurchase up to $600 million in company stock. Magic Software Enterprises Ltd (NASDAQ: MGIC) added 5.98% to $8.60 in the pre-...
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Piper Jaffray Raises PT On RightNow Technologies To $36
Wednesday, February 2, 2011 - 8:05am | 27Piper Jaffray has raised the price target on RightNow Technologies (NASDAQ: RNOW) from $30 to $36 and maintains its Overweight rating.
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Piper Jaffray Raises PT On RightNow Technologies To $36
Wednesday, February 2, 2011 - 8:05am | 27Piper Jaffray has raised the price target on RightNow Technologies (NASDAQ: RNOW) from $30 to $36 and maintains its Overweight rating.
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Ness Technologies Reports 17 Cent Adjusted EPS (NSTC)
Wednesday, February 2, 2011 - 6:54am | 179Tel Aviv, Israel-based Ness Technologies, Inc. (Nasdaq: NSTC) on Wednesday morning released financial results. Ness Technologies, Inc reported that its 4th quarter net income of $4.1 million, or 11 cents per share, compared to a net loss of $55.9 million, or $1.45 per share, a year earlier....
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Oracle Settles Kickback Suit - Analyst Blog
Tuesday, February 1, 2011 - 7:01pm | 979Software giant Oracle Corp. (ORCL) has agreed to pay $46.0 million to settle a kickback suit against Sun Microsystems. Oracle declined to comment. The suit was filed back in 2004 in the federal court of Arkansas. The lawsuit alleged that Sun improperly paid kickbacks to systems integrator...
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Oracle Settles Kickback Suit - Analyst Blog
Tuesday, February 1, 2011 - 6:45pm | 979Software giant Oracle Corp. (ORCL) has agreed to pay $46.0 million to settle a kickback suit against Sun Microsystems. Oracle declined to comment. The suit was filed back in 2004 in the federal court of Arkansas. The lawsuit alleged that Sun improperly paid kickbacks to systems integrator...
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Unisys Reports Q4 EPS of $2.29 vs. $.90
Tuesday, February 1, 2011 - 5:32pm | 125Unisys Corporation (NYSE: UIS) today reported fourth-quarter 2010 net income of $99.2 million, or $2.29 per diluted share, compared with net income of $114.5 million, or $2.64 per diluted share, in the fourth quarter of 2009. Unisys reported fourth-quarter 2010 income from continuing operations...
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Options Brief: Check Point Software Technologies (CHKP)
Tuesday, February 1, 2011 - 11:49am | 88Shares of Check Point Software Technologies (NASDAQ: CHKP) are higher on the session by 3.37%, trading at $46.05. Overall put volume is now running at 2.62x the daily average, with 6% of all puts traded being purchases on the offer. 2,027 contracts have traded on the session so far. Check Point...
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Put Buyers Targeting Riverbed Technology (RVBD)
Tuesday, February 1, 2011 - 11:48am | 139Shares of Riverbed Technology (NASDAQ: RVBD) are lower on the session by 1.03%, currently trading at $35.50. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A...
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IGate Corporation - Growth & Income
Tuesday, February 1, 2011 - 3:01am | 568IGate Corporation (IGTE) recently delivered its fourth consecutive positive EPS surprise on better than expected revenue growth. The company recently announced it was acquiring a majority stake in an Indian IT firm. Although investors are nervous about the move, earnings estimates continue to rise...
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IGate Corporation - Growth & Income
Tuesday, February 1, 2011 - 1:00am | 568IGate Corporation (IGTE) recently delivered its fourth consecutive positive EPS surprise on better than expected revenue growth. The company recently announced it was acquiring a majority stake in an Indian IT firm. Although investors are nervous about the move, earnings estimates continue to rise...
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Verizon to Acquire Terremark - Analyst Blog
Monday, January 31, 2011 - 10:01am | 689Verizon Communications (VZ), the second largest U.S. phone company, intends to acquire information technology (IT) service company Terremark Worldwide Inc. (TMRK) for $1.4 billion in cash. Verizon will pay $19 per share for Terremark through the tender offer between February 10 and February 17...