Systems Software

Indices opened higher yesterday after a nice three-day move from $129.63 to about $133.15 yesterday, then slowly traded a bit lower for an inside day. Some leading stocks had some exhaustion gaps that normally lead to a new base, including VMWare, Inc. (VMW), Apple Inc. (AAPL), Wynn Resorts Limited...

TeleCommunication Systems (NASDAQ: TSYS) today announced that it has received an additional $3.6 million in funding from the U.S. Army for equipment and maintenance of Secret Internet Protocol Router and Non-secure Internet Protocol Router Access Point (SNAP) Very Small Aperture Terminal satellite...

JP Morgan has issued a report regarding the F1Q results reported by CA Technologies (NASDAQ: CA). According to the report, "CA reported non-GAAP EPS of $0.55 on revenue of $1.163B, versus consensus of $0.51 and $1.143B, and our $0.50 and $1.141B, respectively. Bookings of $865M grew 18% (11% cc)...

Oppenheimer is out with its report today on CA (NASDAQ: CA), reiterating Outperform. In a note to clients, Oppenheimer writes, "CA posted solid 1Q12 (June 11) results, delivering EPS ahead of consensus and revenue in line. Although top-line growth fell below management's 6-8% guidance for FY12, CA...

US stock futures are lower this morning, as investors are awaiting earnings reports. Futures on the Dow Jones Industrial Average dipped 25 points to 12,482.00 and futures on the S&P 500 stock index fell 3.90 points to 1,317.40. Nasdaq 100 futures dropped 10.25 points to 2,371.50. US stocks...

Advanced Micro Devices Inc (NYSE: AMD) is expected to report its Q2 EPS at $0.08 on revenue of $1.58 billion. Pepsico Inc (NYSE: PEP) is projected to report its Q2 EPS at $1.21 on revenue of $16.41 billion. Eli Lilly and Company (NYSE: LLY) is projected to report its Q2 EPS at $1.17 on revenue...

Some of the stocks that may grab investor focus today are: Wall Street expects Pepsico Inc (NYSE: PEP) to report its Q2 EPS at $1.21 on revenue of $16.41 billion. PEP shares fell 0.07% to close at $68.49 yesterday. Intel Corp (NASDAQ: INTC) reported upbeat results for the second quarter and...

CNBC Options Action's Brian Stutland suggested on the show that investors should consider an options strategy in Microsoft Corporation (NASDAQ: MSFT) ahead of earnings tomorrow. Specifically, Brian Stutland wants to buy the September 29 call in Microsoft Corporation (MSFT) for $0.25, and sell the...

Cusick's Corner Stocks took a breather, a little profit taking after yesterday's rally. Financials led the day on news from E-Trade (ETFC) and US Bancorp (USB). The Financial Select Sector ETF (XLF) was up +1.14% to close at 15 and the option volume was almost 80% higher than the average daily...

Winners: Ambient Corp (OTC: ABTGD) is up over 18% after the company announced preliminary Q2 results. InterDigital (NASDAQ: IDCC) is up over 10% after the company was raised to a Buy at Dougherty & Co. Haier Electronics (OTC: HRELF) is up over 5% after it was announced that the company would...

Cusick's Corner This market pops on bad news, chop and then pop in spite of negative sentiment for fear of missing the next leg up. This is the grinding, choppy segment after the poor data and continued debt fears here and across the Pond. So what to do? Well volatility has pulled back this week...

Morgan Stanley is out with its report today on VMware (NYSE: VMW), raising its PT from $114 to $125. In a note to clients, Morgan Stanley writes, "With a clean Q across key metrics and acceleration YoY in rev. FCF and EPS on tough comps, Q2 was very strong. VMW is one of only a few co's growing...

Goldman Sachs has published a report on VMware Inc. (NYSE: VMW) reiterating their BUY rating. In the report, Goldman Sachs wrote, "We see VMware as in the pole position to capitalize on the biggest change in computing trends since the industry moved from mainframe to client server and we...

According to J.P. Morgan, TeleCommunication Systems (NASDAQ: TSYS) Neutral rating is maintained. J.P. Morgan said that it is cautious regarding TSYS's 2Q results and government systems sales in particular, owing to delays in funding major government projects. “We are also concerned that declining...

Morgan Keegan has raised the price target on VMware (NYSE: VMW) from $95 to $110 and maintains its Market Perform rating.