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Microsoft Tag Sees Biggest Scanning Month Ever
Tuesday, April 5, 2011 - 9:07am | 133Microsoft Corp. (NASDAQ: MSFT) today announced data on Microsoft Tag following its biggest month of scans to date, as well as an increasing rate of usage. Microsoft announced the following: March had the greatest number of Tag scans since Tag launched in January 2009, with more than 50 percent...
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NASDAQ to Rebalance Nasdaq-100 to Rely Less on Apple (AAPL)
Tuesday, April 5, 2011 - 8:15am | 958Important news out if you trade one of the most popular ETFs in the market - QQQ (Powershares QQQ). This ETF is essentially the high beta equivalent of the SPY, but for tech stocks. Apple's (AAPL) incredible ascent over the past few years has put it in a dominant position in the NASDAQ 100 - this...
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Do it Best Corp. Extends Agreement with DemandTec
Tuesday, April 5, 2011 - 8:04am | 52DemandTec, Inc. (NASDAQ: DMAN) today announced that Do it Best Corp., a hardware, lumber, and building materials cooperative with 4,000 member-owned stores, has extended its subscription for DemandTec's Promotion Planning & Management and Promotion Execution, two of several software and...
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Sonic Foundry Names Gary Weis as CEO
Monday, April 4, 2011 - 5:02pm | 212Sonic Foundry, Inc. (NASDAQ: SOFO)announced today a series of executive officer and director changes intended to advance corporate development and increase shareholder value. The directed strategy includes pursuing new market opportunities involving industry partnerships, opportunities for merger...
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Puts Purchased on CA, Inc. (CA)
Monday, April 4, 2011 - 11:18am | 148Shares of CA, Inc. (NASDAQ: CA) are lower on the session by 1.49%, currently trading at $23.77. The stock has been moving largely higher over the past four weeks and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short while...
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NASDAQ Stocks Hitting 52-Week Highs (VRUS, QSII, SIFY, OTEX)
Monday, April 4, 2011 - 10:27am | 146Pharmasset Inc (NASDAQ: VRUS) shares rose 2.02% to create a new 52-week high of $84.21. VRUS shares have surged 196.59% over the past 52 weeks, while the S&P 500 index has gained 12.21% in the same period. Quality Systems Inc (NASDAQ: QSII) shares gained 2.33% to create a new 52-week high of $...
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After Management Meeting, Morgan Stanley Thinks ORCL Is A "Clear Secular Winner"
Friday, April 1, 2011 - 8:22am | 115Morgan Stanley spent Thursday with Oracle Corp. (NASDAQ: ORCL) President Safra Catz and has been doing field checks. “We feel more confident that a) the apps. bus. is accelerating, b) Q4 visibility is high and pipeline coverage strong, c) large deals are back and ORCL is becoming more strategic, d...
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Morgan Stanley Maintains Equal-Weight on DemandTec (DMAN)
Friday, April 1, 2011 - 8:20am | 113Morgan Stanley is out with its report today on DemandTec (NASDAQ: DMAN), maintaining Equal-weight. In a note to clients, Morgan Stanley writes, "DMAN has an expanding opportunity set in new areas like apparel and quick-service restaurants, and in new product areas with nextGEN. However, additional...
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UPDATE: Wedbush Lowers PT on DemandTec to $12 (DMAN)
Friday, April 1, 2011 - 8:11am | 79Wedbush is out with its report today on DemandTec (NASDAQ: DMAN), lowering its PT from $13 to $12. In a note to clients, Wedbush writes, "As DMAN shares are trading at a relatively high EV/Sales multiple with only ~10-13% organic revenue growth, we believe the shares could be modestly overvalued...
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Deutsche Bank Reiterates Buy On DMAN
Friday, April 1, 2011 - 7:59am | 90Deutsche Bank has reiterated a Buy Rating On DemandTec (NASDAQ: DMAN). According to Deutsche Bank, "We raise revenue estimates for the MFactor acquisition and adjust bottomline for higher ongoing expenses. Our $15.00 PT is based on an EV/uFCF/G multiple of 1.4x (from 1.2), a CY12 uFCF estimate of...
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DemandTec Reports Q4 EPS of $0.03 vs. $0.03
Thursday, March 31, 2011 - 4:15pm | 16DemandTec (NASDAQ: DMAN) Reports Q4 EPS of $0.03 vs. $0.03
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Earnings Preview: Demandtec (DMAN)
Thursday, March 31, 2011 - 2:51pm | 130DemandTec (NASDAQ: DMAN) will release its quarter earnings results after the market closes. Wall Street analysts are anticipating that the company will report a .03 percent growth compared to a year ago of .01. Currently stocks are at $13.07 a share. In the past 52 weeks, shares of DemandTec have...
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Benzinga's Political Roundup (DNDN, MSFT, IRE, AIB, AIG, GOOG)
Thursday, March 31, 2011 - 12:09pm | 287The Federal Reserve has announced which banks borrowed from the Fed discount window during the 2008 financial crisis. A federal judge dismissed a lawsuit filed by pension funds who claimed Freddie Mac materially misrepresented its exposure to risky mortgage products. Vice President Joe Biden...
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Quest Software and Microsoft Enter Into Strategic Relationship
Thursday, March 31, 2011 - 9:01am | 53Quest Software, Inc. (Nasdaq: QSFT) today announced a strategic relationship with Microsoft (NASDAQ: MSFT) that names Quest GroupWise Migrator for Exchange the preferred tool for migrations to Microsoft Exchange Online, part of the Business Productivity Online Suite.
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Earnings Scheduled For March 31 (KMX, CASC, WOR, GPN, RBN, LWSN, XRTX, FC, RECN, KKD, DMAN)
Thursday, March 31, 2011 - 12:45am | 291CarMax Inc (NYSE: KMX) is expected to report its Q4 EPS at $0.38 on revenue of $2.17 billion. Cascade Corporation (NYSE: CASC) is projected to post its Q4 earnings at $0.71 per share on revenue of $103.09 million. Worthington Industries Inc (NYSE: WOR) is estimated to report its Q3 EPS at $0.25...