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TechTeam Global and Stefanini International Announce Early Termination of HSR Waiting Period
Tuesday, November 23, 2010 - 5:57pm | 89TechTeam Global, Inc. (Nasdaq: TEAM) and Stefanini International Holdings Ltd today announced that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott Rodino Antitrust Improvements Act of 1976, as amended relating to their previously announced...
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Tier Technologies Down 10% (TIER)
Tuesday, November 23, 2010 - 11:13am | 64Tier Technologies, Inc. (NASDAQ: TIER) is down 10% in early Tuesday trading to $5.11, a loss of 57 cents. Volume is particularly heavy this morning for the small cap stock, and has already traded almost its entire daily volume just an hour in trading. Yesterday, TIER announced it was buying back $...
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Accenture Names Richard A. Lumb Financial Services Group Chief Executive
Tuesday, November 23, 2010 - 9:31am | 39Accenture (NYSE: ACN) has named Richard A. Lumb group chief executive of the company's Financial Services operating group, which serves clients in the banking, capital markets and insurance industries, effective Dec. 1.
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Accenture to Acquire CAS Computer - Analyst Blog
Monday, November 22, 2010 - 4:00pm | 622Technology outsourcing and consulting major Accenture plc (ACN) recently announced its intention to acquire Germany-based customer relationship management (CRM) and mobility software provider CAS Computer AG. The acquisition is expected to close by the end of January 2011. Financial terms of the...
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Accenture to Acquire CAS Computer - Analyst Blog
Monday, November 22, 2010 - 10:36am | 622Technology outsourcing and consulting major Accenture plc (ACN) recently announced its intention to acquire Germany-based customer relationship management (CRM) and mobility software provider CAS Computer AG. The acquisition is expected to close by the end of January 2011. Financial terms of the...
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SRA Sells Airport Operations Solutions Group to ITT Corporation
Monday, November 22, 2010 - 10:12am | 71SRA International, Inc. (NYSE: SRX) today announced it has completed the sale of its Airport Operations Solutions (AOS) group to ITT Corporation, a high-technology engineering and manufacturing company. As part of the transaction, SRA Aviation Systems Vice President Bill Colligan will move to ITT...
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ManTech to Acquire MTCSC Inc. for $75M
Monday, November 22, 2010 - 9:07am | 69ManTech International Corporation (NASDAQ: MANT) announced today that it has signed a definitive agreement to acquire MTCSC Inc. for $75 million in cash. ManTech intends to fund the acquisition from existing cash balances. The transaction, which is subject to certain closing conditions, is expected...
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Goldman Has $50 Target On Accenture (ACN)
Monday, November 22, 2010 - 8:15am | 55Goldman Sachs has a $50 price target and a Buy rating on Accenture Plc. (NYSE: ACN). In a note sent to clients, Goldman writes, "Downside: (1) Deceleration in discretionary consulting spending. (2) Execution on large outsourcing contracts. (3) Lower margins and/or FCF results." Shares of ACN closed...
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RightNow Repurchases Shares with Debt - Analyst Blog
Friday, November 19, 2010 - 4:00pm | 307RightNow Technologies, Inc. (RNOW) announced that its board of directors has authorized a $15 million increase to a previously approved $10 million stock repurchase program. On July 28, 2010, the board authorized a stock repurchase program of $10 million. As a result, RightNow can now...
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RightNow Repurchases Shares with Debt - Analyst Blog
Friday, November 19, 2010 - 10:34am | 307RightNow Technologies, Inc. (RNOW) announced that its board of directors has authorized a $15 million increase to a previously approved $10 million stock repurchase program. On July 28, 2010, the board authorized a stock repurchase program of $10 million. As a result, RightNow can now...
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Sourcefire Surges (FIRE)
Thursday, November 18, 2010 - 3:54pm | 155Benzinga has been following the activity in Sourcefire (NASDAQ: FIRE) this week, as the stock has been running over the last few trading sessions. FIRE made a big move today, popping over 7% to $27.21. The stock is still trading below the highs it hit in October, however, and this move may have...
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Zacks.com featured expert Kevin Matras highlights: Vitamin Shoppe, Inc., Panera Bread Company, Caterpillar Inc., iGATE Corp. and TriMas Corp. - Press Releases
Wednesday, November 17, 2010 - 1:33pm | 1135Chicago, IL – November 17, 2010 - Stocks in this week's article include Vitamin Shoppe, Inc. (NYSE: VSI), Panera Bread Company (NASDAQ: PNRA), Caterpillar Inc. (NYSE: CAT), iGATE Corporation (NASDAQ: IGTE) and TriMas Corporation (NASDAQ: TRS). Kevin Matras goes over a Relative Price Change screen...
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Sourcefire Rising On M&A Rumors (FIRE)
Wednesday, November 17, 2010 - 12:40pm | 101Shares of Sourcefire (NASDAQ: FIRE) are having a nice morning, jumping 3.07% to $25.49 after analysts at Noble Financial initiated coverage of the stock at Buy. This company has also been the source of acquisition rumors recently. FIRE has a market cap of $706 million and trades at a trailing P/E...
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Morning Market Movers (LDSH, ZANE, ACFC, HYC)
Wednesday, November 17, 2010 - 11:07am | 143Ladish Co Inc (NASDAQ: LDSH) jumped 55.81% to $45.70 at 10:06 am. Allegheny Technologies Inc (NYSE: ATI) has announced its plans to buy LDSH for around $778 million in cash and stock. Zanett Inc (NASDAQ: ZANE) shares surged 25.50% to $1.87. ZANE swung to profit in the third quarter. Atlantic Coast...
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CGI Awarded $28M Contract in Kyrgyzstan
Wednesday, November 17, 2010 - 9:39am | 39The U.S. Defense Information Technology Contracting Organization has awarded Oberon, a wholly-owned subsidiary of CGI Federal Inc. (NYSE: GIB), a US$28 million dollar contract to support the Kyrgyzstan Border Service.