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ACN Continues to Win Contracts - Analyst Blog
Tuesday, June 1, 2010 - 6:13pm | 469Global management consulting firm Accenture (ACN) reached another milestone when it was selected by The University of Michigan to be associated with NextGen Michigan, a multi-year university-wide IT transformation effort. The University of Michigan selected ACN for its support towards a...
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CSC Wins Government Deals - Analyst Blog
Tuesday, June 1, 2010 - 6:13pm | 544CSC Inc. (CSC) continues with its trend of winning new deals. This ability is expected to help the company achieve new heights in its business and scale up business volume. After winning and extending several contracts during the earlier half of the month, the company has recently grabbed a $33.0...
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PC Connection, Inc. to Present at the Wall Street Analyst Forum on Friday, June 11, 2010 (PCCC)
Tuesday, June 1, 2010 - 4:35pm | 276PC Connection, Inc. (NASDAQ: PCCC), a leading direct marketer of information technology (IT) products and services, today announced that the Company is scheduled to present to investors on Friday, June 11, 2010, at the Wall Street Analyst Forum, located at The University Club, 1 West 54th Street (...
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Protection Purchased on VMWare (VMW)
Tuesday, June 1, 2010 - 1:03pm | 149Shares of VMWare Inc. (NYSE: VMW) are lower on the session by 0.42%, currently trading $65.93. The stock has been dramatically outperforming the overall market and is trading well above the 50-day moving average, near a 52-week high. Protection is being purchased on the name today, though. A short...
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RNOW Upgraded To Overweight At Thomas Weisel
Tuesday, June 1, 2010 - 6:50am | 50Analysts at Thomas Weisel upgrade RightNow (NASDAQ: RNOW) from "market weight" to "overweight." The target price for RNOW is set to $24. RNOW’s shares fell 0.34% to close at $14.55 on Friday. More Analyst Ratings here
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PFSweb Announces Pricing of $7 Million Common Stock Offering (PFSW)
Friday, May 28, 2010 - 4:32pm | 361PFSweb, Inc. (Nasdaq: PFSW), an international business process outsourcing services provider of end-to-end web commerce solutions and an online discount retailer, today announced that it has priced a public offering of 2,000,000 shares of its common stock at $3.50 per share. PFSweb has granted the...
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Jefferies Gives ‘Buy’ Rating to Telvent (TLVT)
Thursday, May 27, 2010 - 5:36pm | 144Telvent GIT SA (NASDAQ: TLVT) is likely to benefit from steady bookings momentum and a better outlook in transportation. The company recently reported its first quarter earnings numbers which were largely in-line with estimates. Its Q1 revenues were down 1% y/y organically. The company's energy...
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Piper Jaffray Reiterates Overweight Rating on Gartner (IT)
Thursday, May 27, 2010 - 9:37am | 116Piper Jaffray is out with an analyst note this morning where they reiterate their Overweight rating on shares of Gartner Inc. (NYSE: IT). The stock has a $28.00 price target as well. Piper analysts said that they were raising revenue and earnings estimates for the stock given the recent rise of the...
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Protection Purchased on Check Point Software
Wednesday, May 26, 2010 - 1:31pm | 141Shares of Check Point Software Tech (NASDAQ: CHKP) are trading slightly high on the session, up 0.33% to $30.65. The stock has fallen sharply over the past few weeks and broken through both the 50-day and 200-day moving averages, which is a bearish sign. Options traders are betting that the stock...
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CSC - On a Growth Trajectory - Analyst Blog
Tuesday, May 25, 2010 - 3:54pm | 517The habit of winning major deals and securing contract extension doesn’t seem to end for the IT major CSC Inc. (CSC). The company’s information technology (IT) outsourcing agreement with Sempra Energy has been extended recently for another three years. Under the extended agreement, CSC will...
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Oil Regulation or ‘Sex, Drugs, and Football’
Tuesday, May 25, 2010 - 2:34pm | 795The disaster unfolding in the Gulf of Mexico is enormous and will have an untold impact on our economy and environment. This tragedy could have been avoided. What a shame. There should be hell to pay by those charged with overseeing the oil industry. Where were the regulators? A statement released...
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Standpoint Research Initiates Coverage Of ManTech With A Buy (MANT)
Tuesday, May 25, 2010 - 10:33am | 107Standpoint Research has initiated coverage on shares of ManTech International Corporation (NASDAQ: MANT) with a Buy rating and 2012 price target of $56. During the current trading session, MANT shares have fallen 1.27% to $43.51. Year to date, the stock has lost a little over 10%. MANT has a 52...
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Protection Purchased on EMC Corp.
Tuesday, May 25, 2010 - 10:01am | 96Shares of EMC Corp. (NASDAQ: NYSE) are lower on the session by 3.99%, currently trading $17.34. The stock has recently broken through the 50-day moving average and is now testing the 200-day moving average. I am detecting puts purchased in the name with traders coming for the June $17 puts right at...
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Puts Purchased on Computer Science Corp
Monday, May 24, 2010 - 12:55pm | 113Shares of Computer Science Corp. (NYSE: CSC) are falling today by 0.65%, currently $49.41. The stock has been falling as of late and is now trading below both the 50-day and 200-day moving averages. I am seeing puts purchased in the name today as well with the September $42.50 put purchased nearly...
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AISystems Co-Sponsored 16th Annual International Airline Symposium
Monday, May 24, 2010 - 9:42am | 715KIRKLAND, Wash., May 21, 2010 (GLOBE NEWSWIRE) — AISystems, Inc. (OTCBB:ASYI) (“AISystems” or the “Company”), a technology leader in the development of business platform software for the airline industry, sponsored the 16th Annual International Airline Symposium. The event was co-hosted by...