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Stock Market & Financial Investment News

News Breaks
April 7, 2014
10:10 EDTIBM, N, MSFT, SAP, PANW, CRM, FEYE, SPLK, WDAYAnalyst sees 'golden' opportunity after software stocks decline
The recent decline in high-growth software names has created a buying opportunity, FBR Capital analyst Daniel Ives wrote in a note to investors earlier today. The analyst recommended buying several names that he thinks fit this category, identifying Splunk (SPLK), salesforce.com (CRM), Workday (WDAY), FireEye (FEYE), Netsuite (N), and Palo Alto (PANW) as stocks that should be bought following their recent sell-off. WHAT'S NEW: There has been "panic-like" selling of high valuation software stocks, partly due to fears about seasonally weak first quarter results and the general rotation into value names, Ives wrote. However, the analyst suggested that the stocks named above are "winners" in high growth markets, with annual growth rates that should be well above 3%-5%. The sell-off in software names was not caused by fundamental issues and the declines in the top high growth companies has created a "golden buying opportunity," Ives added. Additionally, the analyst wrote that he would not be surprised if a tech giant, such as Microsoft (MSFT), IBM (IBM), or SAP (SAP), acquires a data, cloud or cybersecurity company in the wake of the recent downturns in their stocks. PRICE ACTION: In early trading, Splunk added 0.7% to $63.14, salesforce.com rose 1.4% to $55.02, Workday climbed 0.6% to $81.16, FireEye rebounded 2% to $51.42, Netsuite was little changed at $84.65, and Palo Alto gained 0.8% to $63.55.
News For SPLK;CRM;WDAY;FEYE;N;PANW;MSFT;IBM;SAP From The Last 14 Days
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December 11, 2014
08:09 EDTMSFTGoogle shares pricing in loss of Apple search deal, says Citigroup
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December 10, 2014
13:10 EDTCRMSalesforce.com management to meet with FBR Capital
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10:53 EDTCRMSalesforce.com calls active on activist investor speculation
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10:05 EDTCRMRumor: Salesforce.com moves up on activist investor speculation
09:22 EDTMSFTMicrosoft management to meet with Pacific Crest
Meeting to be held on the West Coast on December 12 hosted by Pacific Crest.
09:20 EDTMSFTTyler Technologies signs agreement with Albermarle County Service Authority
Tyler Technologies (TYL) has signed an agreement with the Albemarle County Service Authority to implement Microsoft Dynamics AX, an enterprise resource planning solution with public sector functionality that Tyler Technologies jointly developed with Microsoft (MSFT). The contract includes implementation and related professional services, support, and training.
08:36 EDTIBMApple, IBM deliver first wave of IBM MobileFirst for iOS apps
Apple (AAPL) and IBM (IBM) have delivered the first wave of IBM MobileFirst for iOS solutions in a new class of made-for-business apps and supporting cloud services that bring IBM’s big data and analytics capabilities to iPhone and iPad users in the enterprise. IBM MobileFirst for iOS solutions are now available to enterprise customers in banking, retail, insurance, financial services, telecommunications and for governments and airlines, thanks to an unprecedented collaboration between Apple and IBM. IBM clients today announcing support for IBM MobileFirst for iOS solutions include: Citi, Air Canada, Sprint and Banorte.
08:16 EDTFEYE, IBM, PANWBarclays to hold a conference
Global Technology Conference is being held in San Francisco on December 9-10 with webcasted company presentations to begin on December 10 at 10:40 am; not all company presentations may be webcasted.Webcast Link
08:12 EDTPANWIT security outlook remains positive, says Pacific Crest
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December 9, 2014
06:27 EDTMSFTSamsung, white-box makers to benefit from Microsoft Mobile exit, DigiTimes says
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06:08 EDTFEYEFireEye announces partnership with Deutsche Telekom
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06:00 EDTCRMSalesforce.com names YouTube CEO Susan Wojcicki to board
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December 8, 2014
13:21 EDTMSFTMicrosoft files appeal in case on customer data in Ireland
Microsoft said on its blog that it has filed an appeal in its ongoing case challenging a U.S. government search warrant for customer data stored in Ireland. Microsoft said it filed the appeal after a U.S. district court judge rejected the company’s argument that the warrant is illegal because it calls for the seizure of emails stored outside the United States. Reference Link
12:40 EDTMSFTOn The Fly: Midday Wrap
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10:44 EDTMSFTDigital River grants Microsoft extestion to decide on renewing pact
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10:04 EDTMSFTAccenture and Microsoft launch hybrid cloud platform
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09:54 EDTFEYEFireEye calls active on renewed takeover chatter
FireEye December 31 and January 33 calls are active on 6300 contracts (800 puts) on renewed takeover chatter. December weekly call option implied volatility is at 67, December is at 53 compared to its 26-week average of 57 according to Track Data. Active call volume suggests traders taking positions for upside price movement.
09:40 EDTFEYERumor: FireEye moves up on renewed takeover chatter
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07:30 EDTSAPSAP CEO sees company remaining independent for long-term, Reuters reports
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07:28 EDTFEYE, CRMFBN Securities to hold a bus tour
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