Systems Software

Oracle (NASDAQ: ORCL) is set to report earnings tonight after the bell, and all eyes will be on what Larry Ellison's company has to say about the state of the tech sector. Wall Street will be looking for earnings of 50 cents per share on revenues of $8.67 billion. This is up from the 38 cents per...

STOCKS ON THE MOVE YEAR HIGHS:(BRNC),(OME),(PVSW),(GENT)

Red Hat (NYSE: RHT) reported a better than expected top line, none of which made it to the bottom line when excluding a lower tax rate. Strong revenue, billings, and bookings were better than expected, though EPS and cash flow were in line with guidance and expectations. None of the top-line...

Morgan Keegan, which raised its PT on shares of OPNET Technologies Inc. (NASDAQ: OPNT), is providing some color on the stock. “4Q11 checks suggest that secular trends in the APM (Application Performance Management) market remain healthy and OPNET's competitive positioning is strong,” Morgan Keegan...

Smithfield Foods Inc (NYSE: SFD) was upgraded by BB&T Capital from "hold" to "buy." SFD's shares closed at $22.69 yesterday. Smithfield Foods' PEG ratio is 0.90. RW Baird upgraded Red Hat Inc (NYSE: RHT) from “neutral” to “outperform.” RHT's shares closed at $39.97 yesterday. Red Hat's...

Red Hat, Inc. (NYSE: RHT) reported strong 4Q11 results, highlighted by ~30% billings growth and a 22% YoY increase in CFFO, Oppenheimer reports. “While the stock has been under pressure due to concerns surrounding the impact of slowing server shipment growth on FY12 billings/CFFO, we believe the...

Morgan Keegan has raised the price target on OPNET Technologies (NASDAQ: OPNT) from $35 to $40 and maintains its Outperform rating.

Morgan Stanley is out with its report today on Red Hat (NYSE: RHT), maintaining Overweight after RHT's strong Q4 results. In a note to clients, Morgan Stanley writes, "RHT blew out Q4 ests. with key metrics effectively dismantling the three bear cases weighing on the stock. 1) Billings accelerated...

Red Hat (NYSE: RHT) sees Q1 EPS of $0.21 to $0.22 and revenues of $252M to 255M

Analysts at RBC Capital upgrade MICROS Systems Inc (NASDAQ: MCRS) from “sector perform” to “outperform.” The target price for MCRS has been raised from $50 to $58. MCRS shares rose 0.12% to close at $47.59 yesterday. More Analyst Ratings here

US stock futures are higher this morning, as investors are awaiting economic data. Crude oil prices surged above $106 a barrel. Futures on the Dow Jones Industrial Average rose 44 points to 12,065.00 and S&P 500 futures gained 5.50 points to 1,297.60. Nasdaq 100 futures jumped 16 points to 2,...

European equity markets are shrugging off Spanish bank ratings downgrades and the resignation of Portugal's prime minister Thursday, as stocks are up broadly. Futures ares indicating a flat open for U.S. markets, with the S&P 500, Nasdaq, and Dow indicies all trading even to 0.1% higher. Best...

Accenture plc (NYSE: ACN) is projected to report its FQ2 EPS at $0.71 on revenue of $5.72 billion. Best Buy Co Inc (NYSE: BBY) is estimated to post its Q4 earnings at $1.85 per share on revenue of $16.29 billion. Oracle Corporation (NASDAQ: ORCL) is projected to report its FQ3 EPS at $0.49 on...

Some of the stocks that may grab investor focus today are: Wall Street expects Oracle Corporation (NASDAQ: ORCL) to report its FQ3 EPS at $0.49 on revenue of $8.66 billion. ORCL shares gained 0.64% to $31.61 in after-hours trading. Red Hat Inc (NYSE: RHT) reported its Q4 adjusted earnings at $0....

Red Hat(NYSE: RHT) traded over 8% higher on the announcement in post-market trading. Red Hat today announced financial results for its fiscal fourth quarter and fiscal year ended February 28, 2011. Total revenue for the quarter was $244.8 million, an increase of 25% from the year ago quarter....