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MakeMyTrip (MMYT) - Why Can a Barely Profitable Travel Firm IPO Rally 90% in 1 Day? It's Indian.
Friday, August 13, 2010 - 11:13am | 1926A reader highlighted a company I was not aware of in the comments section yesterday - MakeMyTrip (MMYT). I went to look up the stock and saw it was an IPO up nearly 80% on the session (at the time).... in a bad tape no less. I did a lot more digging on it last night and quite an interesting story...
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Needham Opens RNOW With Buy
Friday, August 13, 2010 - 6:13am | 51Analysts at Needham & Co initiate coverage of RightNow Technologies (NASDAQ: RNOW) with a "buy" rating. The target price for RNOW is set to $25. RNOW’s shares gained 1.51% to close at $16.18 yesterday. More Analyst Ratings here
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BMC Software Wins Motorola Deal - Analyst Blog
Thursday, August 12, 2010 - 10:07am | 858Leading large enterprise software company BMC Software Inc. (BMC) recently announced that the Australian wing of mobile phone maker Motorola Inc. (MOT) will deploy its Remedy IT Service Management Suite (ITSM). Motorola will integrate BMC Software’s solution into its service businesses to provide...
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Zacks Analyst Blog Highlights: Computer Sciences Corporation, Accenture, Hewlett-Packard, JA Solar Holdings and The Scotts Miracle-Gro - Press Releases
Thursday, August 12, 2010 - 9:19am | 1979For Immediate Release Chicago, IL – August 12, 2010 – Zacks.com Analyst Blog features: Computer Sciences Corporation. (CSE), Accenture (ACN), Hewlett-Packard (HPQ), JA Solar Holdings (JASO) and The Scotts Miracle-Gro Co. (SMG ). Here are highlights from Wednesday’s Analyst Blog: CSC Mixed on Top,...
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CSC Mixed on Top, Bottom Lines - Analyst Blog
Wednesday, August 11, 2010 - 4:36pm | 618Computer Sciences Corporation (CSC) reported first quarter 2010 EPS of $0.91, exceeding the Zacks Consensus Estimate of $0.90, while revenue of $3.94 billion was below the Zacks Consensus of $4.07 billion. Revenue The company’s first quarter 2011 revenue was up 1.1% compared to the year-ago quarter...
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SRA Announces Financial Results for Fourth Quarter and Fiscal Year
Wednesday, August 11, 2010 - 4:08pm | 161SRA International, Inc. (NYSE: SRX) today announced operating results for the fourth quarter and fiscal year 2010, which ended June 30, 2010. For the quarter, revenue was $424.6 million, up 5.6% from $402.0 million in the June 2009 quarter. Organic revenue growth for the same period was 4.8%....
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Molina Prices Stock Offering - Analyst Blog
Wednesday, August 11, 2010 - 3:10pm | 676Molina Healthcare Inc. (MOH) has priced its underwritten public offering of 4 million shares at $27.00 per share. The stock offering was announced on August 4. According to the offering by Molina and the selling stockholders, the underwriters are given a month’s option to purchase up to 600,000...
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CTSH Has An Attractive Long-Term Growth Potential
Wednesday, August 11, 2010 - 8:45am | 162Analysts at JP Morgan reiterate their "overweight" rating on Cognizant (NASDAQ: CTSH). According to JP Morgan, “The overall message in CTSH’s 2Q10 Form 10-Q was consistent with the recent earnings call – strong growth across the board. CTSH’s European business grew at a very solid rate in 2Q, and...
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Top Narrow Based Indexes For August 10 (KIRK, NFLX, IT)
Tuesday, August 10, 2010 - 2:19pm | 210By 12:46 pm, the Dow Jones Industrial Average was down 107.85 points, or 1.01%, to 10,590.90, while the broader Standard & Poor's 500 index had lost 13.15 points, or 1.17%. The NASDAQ composite index fell 40.80 points, or 1.77%. Some of the narrow based indexes that are still afloat in the...
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Three Stocks Rising In A Weak Market (NFLX, IT, HE)
Tuesday, August 10, 2010 - 2:08pm | 164Three stocks today are significantly outperforming the markets today as separate news items affected each differently, but all with rising share prices. Shares of Hawaiian Electric Industries, (NYSE: HE) are up 3.1% today as the utility company reported better than expected earnings. It is up on...
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William Blair Reiterates Outperform Rating on Gartner (IT)
Tuesday, August 10, 2010 - 11:07am | 168William Blair & Company is out with a research report this morning, where it reiterates its Outperform rating on Gartner Inc. (NYSE: IT); it did not provide a price target for the stock. The WB analysts are also increasing their 2010 EPS estimates to $1.07, from $1.02, after the company...
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Earnings Scheduled For August 10 (DIS, CFN, JASO, IT, LDK)
Tuesday, August 10, 2010 - 6:41am | 148Walt Disney Company (NYSE: DIS) is expected to report its Q3 earnings of $0.58 per share on $9.39 billion in revenue. Carefusion (NYSE: CFN) is likely to post its earnings of $0.37 per share on $1.02 billion of revenue for the latest quarter. JA Solar Holdings Co Ltd (NASDAQ: JASO) is projected to...
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Stocks To Watch For August 10 (DIS, LGF, JASO, IT)
Tuesday, August 10, 2010 - 6:29am | 175Some of the stocks that may grab investor focus today are: Wall Street expects Walt Disney Company (NYSE: DIS) to post its Q3 EPS at $0.52. DIS’ shares gained 0.46% to close at $35.16 yesterday. Lions Gate Entertainment Corp (NYSE: LGF) swung to a loss of $0.54 per share in the first quarter, from...
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Piper Jaffray Raises Telvent Git Price Target (TLVT)
Monday, August 9, 2010 - 3:20pm | 114Piper Jaffray raised its Price Target on shares of Telvent Git, S.A. (NASDAQ: TLVT) to $29 from $26 today. Piper Jaffray reiterated its Overweight rating on the stock. Piper Jaffray also raised Telvent Git FY10 and FY11 earnings estimates "after the company reported healthy 2Q upside and set full-...
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Sapient Falls 6.2% Despite Strong Results (SAPE)
Friday, August 6, 2010 - 1:34pm | 218Despite beating Wall Street estimates, shares of business and technology consulting services provider Sapient Corporation (Nasdaq: SAPE) are trading down 6.2% at $10.49 per share on Friday afternoon. The day's trading range for shares of Sapient Corporation has been between $10.08 and $11 per share...