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Flowserve Awards Unisys Contract Extension
Tuesday, August 24, 2010 - 8:39am | 77Unisys Corporation (NYSE: UIS) today announced that it has won a five-year extension of its contract to provide end-user support services to Flowserve Corporation (NYSE: FLS). Under the extension, valued at an estimated $37 million, Unisys will provide ongoing and expanded services to support...
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Top 4 Stocks In The Internet Software And Services Industry With The Highest Market Capitalization (NTES, GIB, SINA, OTEX)
Monday, August 23, 2010 - 4:49am | 133Below are the top internet software and service stocks on the NYSE and the NASDAQ in terms of market capitalization. NetEase.com Inc (NASDAQ: NTES) has a market capitalization of $5.43 billion. NTES’ quarterly revenue jumped 50.10% y/y. CGI Group Inc (NYSE: GIB) has a market capitalization of $3.92...
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SAP and Sybase Align Resources - Analyst Blog
Friday, August 20, 2010 - 10:39am | 757SAP AG (SAP) and Sybase announced that they will collaborate to develop a mobile platform based on open architecture that supports different operating systems and devices. Further, the two companies will develop a solution for corporate information management to provide customers with a broader...
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Top 4 Mid-Cap Stocks In The Internet Software And Services Industry With The Highest Cash (NTES, SINA, GIB, OTEX)
Friday, August 20, 2010 - 5:11am | 148Below are the top mid-cap internet software and service stocks on the NYSE and the NASDAQ in terms of cash. NetEase.com Inc (NASDAQ: NTES) had $1.13 billion in total cash and no debt for the latest quarter. Sina Corporation (NASDAQ: SINA) had $828.19 million in total cash for the latest quarter....
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J.P.Morgan Highlights Recent Manager Meetings With Gartner Inc. (IT)
Thursday, August 19, 2010 - 2:45pm | 167J.P.Morgan is out with a report where it reiterates its “overweight” rating on Gartner Inc. (NYSE: IT); it also raised its target price on the stock to $35.00 from $30.00. Analysts think the company could see some profit taking in the short-term after shares jumped 9% last week. J.P.Morgan...
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Cramer Says It All
Thursday, August 19, 2010 - 8:56am | 290In “Mad Money Lightning” on CNBC, Jim Cramer expressed his opinion on a number of stocks. Cramer is bullish on ARM Holdings (NASDAQ: ARMH): Pre-market: $15.36 +0.49 (3.30%). Cramer is also bullish on Cirrus Logic (NASDAQ: CRUS): Pre-market: $18.82 -0.03 (-0.16%), Cree (NASDAQ: CREE): After Hours: $...
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Mad Money Lightning Round: Cramer Likes NKE (ARMH, CRUS, SNDK, CREE, SWKS, TEL, SAY, CTSH, TNH, POT, APC, SKX, NKE, DSW)
Wednesday, August 18, 2010 - 8:09pm | 394ARM Holdings plc (ADR) (NASDAQ: ARMH) is an Apple (NYSE: AAPL) play, said Jim Cramer on CNBC's Mad Money Lightning Round. He added that he likes all the Apple (AAPL) plays. Cramer thinks that ARM Holdings (ARMH) is a buy, and he also likes Cirrus Logic, Inc. (NASDAQ: CRUS). SanDisk Corporation (...
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Tech Data Expands Product Offering - Analyst Blog
Wednesday, August 18, 2010 - 2:34pm | 1115Tech Data Corporation (TECD) will be offering 3D TVs and Lenovo’s IdeaPad laptop PCs to retailers in the consumer electronics market, thereby expanding its consumer electronics product offering and diversifying its customer base. The consumer market had been sluggish in 2009; however, we...
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Insight Is Placed In Gartner’s Magic Quadrant (NSIT, IT)
Wednesday, August 18, 2010 - 9:30am | 162Insight Enterprises Inc. (NASDAQ: NSIT), a leading provider of technology solutions, announced that it has been positioned by Gartner Inc. (NYSE: IT) in the Magic Quadrant for Communications Outsourcing and Professional Services (COPS), North America. According to Bill McCarthy, senior vice...
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iGate Corp - Growth & Income
Tuesday, August 17, 2010 - 12:13pm | 620iGate Corporation (IGTE) is expected to generate strong double-digit earnings growth for the next few years, but its stock still trades at a reasonable price. Growth and Income The company is expected to grow its earnings per share 67% in 2010, 13% in 2011, and 20% over the long term. The stock...
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Zacks Releases Four Powerful ''Buy'' Stocks: Rockwood Holdings, iGate, Monro Muffler Brake and DSW - Press Releases
Tuesday, August 17, 2010 - 11:47am | 1334For Immediate Release Chicago, IL – August 16, 2010 – Four free stock picks are being made available today on Zacks.com. The industry’s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive...
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CGI to Complete Acquisition of Stanley
Tuesday, August 17, 2010 - 8:57am | 112CGI (NYSE: GIB) announced today that CGI Fairfax has completed its cash tender offer to purchase all of the outstanding shares of Stanley (NYSE: SXE). "Consistent with our strategic plan, this combination will increase our US revenue to more than 45% of our global total," said Michael E. Roach,...
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Dell To Acquire 3PAR For $1.15B - Analyst Blog
Monday, August 16, 2010 - 4:05pm | 689Dell Inc. (DELL) signed a definitive agreement to acquire enterprise storage products manufacturer 3PAR Inc. (PAR). The deal has been valued at $1.15 billion. Under the terms of agreement, Dell will pay $18 for each outstanding common share of 3PAR in cash, an 86.5% premium to the price end of...
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Gartner Inc. Vice-President Sells 40,000 Shares of IT
Friday, August 13, 2010 - 4:10pm | 62In a Form 4 filed after the bell today, Gartner Inc. (NYSE: IT) Vice-President, Lewis G. Schwartz, reported that he exercised and sold 40,000 shares of IT on August 12th for an average price of $27.52. The exercise price was $10.59 The transaction totaled $1,100,724, netting the VP $677,124. Mr....
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Wipro's Internals Being Handled Extremely Well, New Ground Still To Be Broken
Friday, August 13, 2010 - 11:28am | 127Wipro, Ltd. (NYSE: WIT) has been successful in driving up its fixed price, ramping up non-linearity, drawing level with Infosys on pricing, and registering industry-leading EBIT margins in BPO, winning and executing integrated outsourcing deals in emerging markets and early, credible positioning in...