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Oppenheimer Discusses Windows Server 8
Wednesday, July 13, 2011 - 8:25am | 188Oppenheimer & Co. is out with a research report on Microsoft (NASDAQ: MSFT), as the company provided a glimpse at Windows Server 8. It has an Outperform rating on shares. In the note, Oppenheimer & Co. writes, "On Tuesday, MSFT provided its partners with an early preview of Windows Server...
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Wunderlich Reiterates Hold on VMware
Wednesday, July 13, 2011 - 8:11am | 52Wunderlich Securities reiterated its Hold rating on VMware (NASDAQ: VMW). At the moment, Wunderlich has a price target of $95 placed on the company's stock. On Tuesday, VMW closed the day at $100.40. Its shares added 0.6% to their value in today's pre-market trading to stand around $101.
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Deutsche Bank Maintains Buy on VMware
Wednesday, July 13, 2011 - 7:25am | 126Deutsche Bank is out with its report today on VMware (NYSE: VMW), maintaining Buy. In a note to clients, Deutsche Bank writes, "VMware today released vSphere 5. It includes features and enhancements designed to increase the range of applications that can be virtualized. Caps on various resources...
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J.P. Morgan Announces Changes For VMW
Wednesday, July 13, 2011 - 7:14am | 104J.P. Morgan is maintaining its Neutral rating and its $80 price target on Vmware (NYSE: VMW) following the company's announcement of its new cloud upgrade. In the report, J.P. Morgan writes, “VMware announced the launch of vSphere 5 as well as the new ‘Cloud Infrastructure Suite' – the company's...
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Netflix Hikes Prices: What Consumers and Investors Need to Know
Wednesday, July 13, 2011 - 6:06am | 406Netflix Inc. (NASDAQ: NFLX) announced Tuesday that the price of its services - DVD mail delivery and online video streaming - would increase for all members by September. The move has ramifications across the media and content distribution industry, and investors and consumers quickly devoured the...
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Deutsche Bank Raises PT on CERN, QSII
Wednesday, July 13, 2011 - 4:51am | 42Deutsche Bank has changed the price targets on the following companies: Cerner (NASDAQ: CERN) Hold, PT From $58 to $59.50 Quality Systems (NASDAQ: QSII) Hold, PT from $84.50 to $86
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Microsoft, Intel, Cisco (MIC) – Can The Troika Grow Again? (Part 3)
Wednesday, July 13, 2011 - 4:19am | 732Cisco Like Microsoft (NASDAQ: MSFT) and Intel (NASDAQ: INTC), Cisco Systems (NASDAQ: CSCO) is a giant in its core product domain, commanding a dominating market share in the high-end router market. Like Advanced Micro Device, Inc. (NYSE: AMD) to Intel, Juniper Networks (NASDAQ: JNPR) is the only...
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Versant Launches Sales Channel in India; Partners With ITG Software Engineering
Tuesday, July 12, 2011 - 3:11pm | 60Versant Corporation (Nasdaq: VSNT) announces that ITG Software Engineering Ltd. will represent Versant's flagship product, the Versant Object Database, in India. VOD is a high performance data management system providing scalable real-time analytical performance for large, complex applications...
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Microsoft's Share of Global OS Market Continues to Decline
Tuesday, July 12, 2011 - 2:42pm | 47Despite announcing the sale of 400 million Windows 7 licenses to date, Microsoft's (NASDAQ: MSFT) share of the global operating system market slid to 88.28% in June, according to Net Applications.
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Pervasive Software Announces Pervasive WebDI Live on Microsoft Windows Azure Marketplace
Tuesday, July 12, 2011 - 12:11pm | 213Pervasive Software Inc. (NASDAQ: PVSW) today announced that Pervasive® WebDI, an Electronic Document Interchange service application built on Microsoft's® Windows Azure, is one of the first applications selected and validated to go live on the Windows Azure Marketplace. The Windows Azure...
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Options Brief: CA
Tuesday, July 12, 2011 - 11:54am | 75Shares of CA (NASDAQ: CA) are lower on the session by 2.00%, trading at $22.53. Overall put volume is now running at 15.79x the daily average, with 49% of all puts traded being purchases on the offer. 13,767 contracts have traded on the session so far. CA, Inc. is an independent enterprise...
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Radiant Systems Up 30% On Buyout
Tuesday, July 12, 2011 - 10:21am | 222Radiant Systems, Inc. (NASDAQ: RADS) shares are soaring today, gaining more than 30% after company agreed to be purchased by NCR Corp. (NYSE: NCR) for $1.2 billion in cash. NCR said it would make a cash tender offer of $28 for every share of Radiant Systems, about inline with where shares of...
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Top Narrow Based Indexes For July 12
Tuesday, July 12, 2011 - 9:39am | 195By 10:35 am, the Dow Jones Industrial Average was down 2.04 points, or 0.02%, to 12,503.72, while the broader Standard & Poor's 500 index had gained 0.33 points, or 0.03%. The NASDAQ composite index fell 5.34 points, or 0.19%. Some of the narrow based indexes that are supporting the markets...
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Benzinga's Volume Movers
Tuesday, July 12, 2011 - 9:29am | 164Radiant Systems Inc (NASDAQ: RADS) shares surged 30.72% to $28.04 at 10:28 am. The volume of RADS shares traded was 24110% higher than normal. NCR Corp agreed to buy RADS for $1.2 billion in cash. Clean Energy Fuels Corp (NASDAQ: CLNE) shares moved up 13.72% to $14.92. The volume of CLNE shares...
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Options Brief: Radiant Systems
Tuesday, July 12, 2011 - 9:17am | 100Shares of Radiant Systems (NASDAQ: RADS) are higher on the session by 30.68%, trading at $28.03. Overall call volume is now running at 123.42x the daily average, with 33% of all calls traded being purchases on the offer. 3,826 contracts have traded on the session so far. Radiant Systems, Inc. is...