Systems Software

Kenya's downward spiraling currency (USD/KES and EUR/KES are up 12% and 18% respectively since last November) coincides with soaring inflation (CPI inflation increased to 14.5% in June from 13% y/y in May) on the back of a hitherto rise in international fuel and food prices, the latter of which has...

Shares of Microsoft (NASDAQ: MSFT) and Intel Corporation (NASDAQ: INTC), affectionately known as "Wintel" are jumping today, with a gain of over 1% for Mr. Softie and a large move for the world's largest chip maker, up more than 3%. Shares of Microsoft have been performing well recently, and there...

Morgan Stanley has an Overweight rating and a $32 price target on shares of Microsoft (NASDAQ: MSFT). In a note to clients, Morgan Stanley writes, "We see four potential positive catalysts before Oct. which could drive the stock: (1) We should get a beta release of Win 8 in Sept., and we could see...

JP Morgan reiterated its Overweight rating on CA Technologies (NYSE: CA), following the company's acquisition of Interactive TKO. On Wednesday, CA added 0.73% to its value to finish the day at $22.63. Its shares lost 0.08% of their value in today's pre-market trading, however, to stand around $22....

Citi Investment Research has a Buy rating and a $26 price target on shares of CA Inc. (NYSE: CA). In a note to clients, Citi Investment Research writes, "CA is trying hard to reposition the company for growth, but with no obvious tangible results yet. FY11 revenue growth was 5%, with significant...

Apollo Group Inc (NASDAQ: APOL) is expected to report its Q3 earnings at $1.34 per share on revenue of $1.20 billion. McCormick & Company Incorporated (NYSE: MKC) is projected to post its Q2 EPS at $0.54 on revenue of $855.16 million. Smith & Wesson Holding Corp (NASDAQ: SWHC) is...

CA Technologies (NASDAQ: CA) today announced a definitive agreement to acquire privately-held Interactive TKO, Inc. a leading provider of service simulation solutions for developing applications in composite and cloud environments, for $330 million in an all-cash transaction. Business demand for...

Recently, there has been a new wave of initial public offerings reaching Wall Street. Everyone is getting very excited about all of the new internet companies that are roaring on the market place. This year we have seen companies such as LinkedIn Corp.(NYSE: LNKD), and Pandora Media Inc.(NYSE: P)...

@markflowchatter reports that TiVo (NASDAQ: TIVO) is trading higher after a Janney report that speculates the company could be bought out. @markflowchatter speculates that Microsoft (NASDAQ: MSFT), Google (NASDAQ: GOOG), and others could be possible suitors for the company.

Oracle Corporation (NASDAQ: ORCL) today filed court papers opposing efforts by HP (NYSE: HPQ) to cloak in secrecy its lawsuit against Oracle. A copy of this filing can be found at www.oracle.com/nothingtohide.

Morgan Keegan is out with its report today on Sourcefire (NASDAQ: FIRE), reiterating Outperform. In a note to clients, Morgan Keegan writes, "In our opinion, IPS mindshare is growing and SourceFire remains well positioned for share gains and to capitalize on the large adjacent opportunity in the...

According to Deutsche Bank, Microsoft (NASDAQ: MSFT) has launched Office 365. Deutsche Bank said that its $30 PT is based on CY12E FCF/share of $2.97, and EV/FCF/G multiple of 1.5x (a premium to software peers given its leadership) and a 6% EV/FCF/sh growth rate. “Downside risks to our price...

Microsoft Corp. (NASDAQ: MSFT) and Velocity Micro, Inc., have signed a patent agreement that provides broad coverage under Microsoft's patent portfolio for Velocity Micro, Inc., Android-based devices, including Velocity Micro, Inc.'s Cruz™ Tablet. Although the contents of the agreement have not...

Progress Software Corporation (NASDAQ: PRGS) dipped 4.04% to $22.34 in the pre-market session. PRGS issued weaker-than-expected projections. ProShares UltraPro Short QQQ (NASDAQ: SQQQ) dropped 1.64% to $25.71 in the pre-market trading. Star Scientific Inc (NASDAQ: CIGX) moved down 0.67% to $4.48...

Oracle (NASDAQ: ORCL) today announced that it has entered into an agreement to acquire Pillar Data Systems. Pillar Data Systems is majority owned by Oracle CEO Larry Ellison. The evaluation and negotiation of the transaction was led by an independent committee of Oracle's Board of Directors. The...