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Benzinga's Top Upgrades
Thursday, July 28, 2011 - 6:43am | 125Analysts at Bank of America upgraded Glimcher Realty Trust (NYSE: GRT) from “underperform” to “neutral.” GRT's shares closed at $9.94 yesterday. GRT's trailing-twelve-month operating margin is 28.80%. Morgan Stanley upgraded Citrix Systems Inc (NASDAQ: CTXS) from “equal-weight” to “overweight.”...
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Wunderlich Upgrades Symantec To Buy, $22 PT
Thursday, July 28, 2011 - 6:37am | 24Wunderlich Securities has upgraded Symantec Corporation (NASDAQ: SYMC) from Hold to Buy with a $22 price target.
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Quality Systems Approves 2-for-1 Stock Split; President Patrick B. Cline Plans to Retire
Thursday, July 28, 2011 - 5:59am | 111Quality Systems, Inc. (NASDAQ: QSII) announced that on July 27, 2011, its Board of Directors approved a two-for-one split of the Company's common stock and a proportional increase in the number of Company common shares authorized from 50 million to 100 million. Each shareholder of record at the...
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Citigroup Lowers PT on BMC Software To $50
Thursday, July 28, 2011 - 5:48am | 26Citigroup has lowered the price target on BMC Software (NASDAQ: BMC) from $53 to $50 and maintains its Hold rating.
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How Low Can We Go? 07-27-2011
Wednesday, July 27, 2011 - 5:36pm | 893Cusick's Corner The market in the After Hours is trading below the lows of the day, and if this budget debacle does not get a resolution, well the market will take on water fast. I am going home in cash and I have a small short exposure in the bonds through a Bond put spread, if this debate could...
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Symantec Rises on Q1 Earnings Results
Wednesday, July 27, 2011 - 3:55pm | 195Shares of Symantec (NASDAQ: SYMC) are trading higher in the after-hours following the release of the company's Q1 earnings results. Currently, shares are bid $19.01, at $19.15, up some 3%; they ended the regular session lower by 3.43%, at $18.41. Symantec reported Q1 Adjusted EPS of $0.40 on...
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Acxiom up 13% After Appointing Former Microsoft Executive as CEO
Wednesday, July 27, 2011 - 10:40am | 56Acxiom (NASDAQ: ACXM) is up 13% after appointing a former Microsoft (NASDAQ: MSFT) executive Scott Howe as a new CEO. The company also reporter earnings that were inline with the analyst estimates. Acxiom is currently trading at $13.35, a gain of $1.51 or 12.71%.
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Business Software Could Be Getting Set For Lift Off
Wednesday, July 27, 2011 - 9:40am | 192Recently, many of the leading business software stocks have come under selling pressure. At this time many leading stocks seems to be getting dragged down as the United States debt ceiling debate has no resolution yet. Leading business software stocks such as Oracle Corp.(NASDAQ: ORCL), SAP AG(NYSE...
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Ripe for Acquisition? Nokia Debt Rating Cut by Moody's
Wednesday, July 27, 2011 - 5:50am | 271Nokia (NYSE: NOK), already under pressure to revitalize sales and an aging phone line, had its debt rating cut to Baa2 by Moody's Wednesday, sparking renewed potential that the company could be acquired. Moody's cited a "severe weakening" of Nokia's market position, thanks to Apple's (NASDAQ: AAPL...
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Earnings Scheduled For July 27
Wednesday, July 27, 2011 - 3:43am | 515Symantec Corporation (NASDAQ: SYMC) is expected to report its Q1 EPS at $0.37 on revenue of $1.59 billion. Corning Incorporated (NYSE: GLW) is projected to report its Q2 EPS at $0.47 on revenue of $1.96 billion. Visa Inc (NYSE: V) is projected to report its FQ3 EPS at $1.23 on revenue of $2.30...
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Puts Purchased on BMC Software
Tuesday, July 26, 2011 - 1:54pm | 108Shares of BMC Software (NYSE: BMC) are lower on the session by 0.33%, currently trading at $51.22. The stock has been moving largely lower over the past six weeks and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. A short while ago the...
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Tuesday's Mid-Day Options Volume Leaders
Tuesday, July 26, 2011 - 11:21am | 83Here are today's mid-day options volume leaders… 1. Apple Inc. (NASDAQ: AAPL) 240,639 contracts, 66.7% calls, 33.3% puts 2. NetFlix Inc. (NASDAQ: NFLX) 107,254 contracts, 52.4% calls, 47.6% puts 3. Baidu Inc. (NASDAQ: BIDU) 101,658 contracts, 61.0% calls, 39.0% puts 4. Bank of America (NYSE: BAC)...
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Microsoft Tried to Profit from Amy Winehouse's Death
Tuesday, July 26, 2011 - 9:55am | 352Are there no scruples left in the corporate world? Over the past two decades, society has become so desensitized to the behavior of politicians that we are no longer surprised by what they do. Lying, cheating, stealing – it's never a shock. In the corporate world, things were once a little...
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FBN Securities Initiates Coverage on Commvault Systems
Tuesday, July 26, 2011 - 7:31am | 158FBN Securities has published a report initiating coverage on Commvault Systems (NASDAQ: CVLT). In the report, FBN Securities wrote, "Initiating with a Sector Perform/$42PT. We are initiating coverage of data management software company Commvault Systems (CVLT) with a Sector Perform rating and $...
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Wunderlich Securities Reiterates Buy and PT of $6 on FalconStor Software
Tuesday, July 26, 2011 - 7:09am | 48Wunderlich Securities reiterated its Buy rating on FalconStor Software (NASDAQ: FALC). At the same time, the rating agency left its price target on the company's stock unchanged at $6. On Monday, FALC lost 3.9% of its value to finish the day at $4.19.