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Computer Sciences Joins VFC - Analyst Blog
Monday, November 8, 2010 - 1:33pm | 405Virginia-based Computer Sciences Corp. (CSC) announced that it has signed a multi-year information technology (IT) services outsourcing agreement with leading branded apparel manufacturer and seller, VF Corp. (VFC). Financial terms were not disclosed. As per the agreement, Computer Sciences...
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Standpoint Research Initiates Coverages (NCIT, VLTR)
Monday, November 8, 2010 - 11:56am | 40Standpoint Research initiates Buy ratings on Volterra Semiconductor Corporation (NASDAQ: VLTR) and NCI (NASDAQ: NCIT). The analysts have a $29 price target on both companies.
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Integral Systems Awarded Multiple Contracts Valued at $2.1 Million
Monday, November 8, 2010 - 9:42am | 66Integral Systems, Inc., (Nasdaq: ISYS) announced today that that its wholly-owned subsidiary, Newpoint Technologies, has been awarded $2.1M through multiple contracts from the U.S. Government, international military, commercial satellite operators and service providers. Under the terms of the...
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SAIC Awarded Information Technology Services Contract by FBI
Monday, November 8, 2010 - 9:23am | 106Science Applications International Corporation (NYSE: SAI) announced today it was awarded one of the prime contracts by the Federal Bureau of Investigation to provide information technology services to the FBI and other Department of Justice agencies. The multiple award, indefinite-delivery/...
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ManTech Awarded $24 Million Contrac
Monday, November 8, 2010 - 9:02am | 67ManTech International Corporation (NASDAQ: MANT) today announced the company has received a $24 million contract with the U.S. Naval Air Warfare Center Aircraft Division (NAWCAD). The contract, which is a follow on to ManTech's Engineering and Technical Services in support of Combat Identification...
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SAIC Awarded $39 Million Task Order
Monday, November 8, 2010 - 8:50am | 96Science Applications International Corporation (NYSE: SAI) today announced it was awarded a task order by the Naval Air Systems Command to provide engineering and technical services to the Persistent Maritime Unmanned Aircraft Systems Program Office (PMA-262). This task has a one year base period...
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Contract Wins for Accenture - Analyst Blog
Friday, November 5, 2010 - 3:36pm | 366Technology outsourcing and consulting major Accenture Inc. (ACN) is flying high with a number of contract wins this week. Accenture recently announced that KF - The Swedish Cooperative Union has selected its application management services under a multi-year contract. KF will hire Accenture's...
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Longtop Financial Technologies (NYSE: LFT)
Friday, November 5, 2010 - 3:08pm | 70Longtop Financial Technologies (NYSE: LFT) is up 4.3% on strong volume today. The company has traded more than 1 million shares today, and the average volume is just under 500,000 shares. Longtop Financial Technologies Limited, designs, develops, and delivers software solutions and information...
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Accenture Grows with Acquisitions (Revised) - Analyst Blog
Friday, November 5, 2010 - 12:24pm | 445Technology outsourcing and consulting major Accenture Inc. (ACN) recently acquired another Philadelphia-based consulting company, Knowledge Rules Inc., which focuses exclusively on implementing and integrating business solutions using Pegasystems' Business Process Management (BPM) software. The...
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J.P. Morgan Overweight On Gartner (IT)
Friday, November 5, 2010 - 11:07am | 127J.P. Morgan Chase & Co. is Overweight on Gartner Inc. (NYSE: IT), and it has a $35 price target on shares. In a note to clients, J.P. Morgan writes, "We are reiterating our Overweight rating on Gartner shares following Q3,10 results. EPS of $0.23 (+44%) was in line with J.P. Morgan and...
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A. Schulman Names John Broerman VP and CIO
Friday, November 5, 2010 - 8:14am | 48Schulman, Inc. (Nasdaq: SHLM) announced today that it named John B. Broerman as Vice President and Chief Information Officer, effective November 1, 2010. Broerman previously was Director, Information Technology (IT) for the Company's Americas operations.
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Sapient Reports Third Quarter EPS of $.13
Thursday, November 4, 2010 - 4:48pm | 171Sapient (NASDAQ: SAPE) today reported the following financial results for the third quarter ended September 30, 2010: Service revenues were $217.1 million compared to $165.5 million in the third quarter of 2009, an increase of 31%. Sequentially, service revenues were up $16.7 million, or 8%,...
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PartnerRe 3Q EPS Above Estimates, J.P. Morgan Reports
Thursday, November 4, 2010 - 9:37am | 133PartnerRe (NYSE: PER) reported 3Q EPS of $3.69 “versus our estimate of $2.78 and consensus of $3.05,” J.P. Morgan reports. The majority of the upside was from a combination of favorable development, accident-year margins (despite a larger than estimated New Zealand loss), and a lower tax rate,...
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CIBER Reports Third Quarter EPS of $.05
Thursday, November 4, 2010 - 9:02am | 112CIBER, Inc. (NYSE: CBR) today reported results for the third quarter of 2010. Highlights for the third quarter 2010: Revenue growth of 4% compared to last year's third quarter, the strongest in 7 quarters Constant currency adjusted revenue growth was 6% Operating income was $7.1 million Net...
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Lionbridge Reports Q3 Revenue of $99.2 Million, GAAP EPS of ($0.07) and Non-GAAP Earnings of $0.04
Thursday, November 4, 2010 - 8:10am | 393Lionbridge Technologies, Inc. (Nasdaq: LIOX) today announced financial results for the quarter ended September 30, 2010. Financial and business highlights for the third quarter include: Revenue of $99.2 million, an increase of $1.4 million from the quarter ended September 30, 2009,...