The tech sector is quite unpredictable, and always rapidly changing. Within it, the application software industry has been especially characterized by its constant evolution and strong competition. Only those who can rapidly respond to ever-changing customer demands and needs can truly succeed in this field. Informatica (NASDAQ: INFA), Intuit (NASDAQ: INTU) and Red Hat (NYSE: RHT) seem like interesting options in the industry. Let´s take a look at them more »
Iron Mountain (NYSE: IRM) plunged 16% on June 7 after the company filed an 8-K related to its discussions with the IRS. First, the records management and data protection services company’s request for a certain Private Letter Ruling (PLR), which would allow it to qualify for conversion to a real estate investment trust (namely, a ruling which would classify Iron Mountain’s racking structures as real estate), has been more »
Informatica (NASDAQ: INFA), the world’s leading data integration software vendor, recently announced its Q1 financial results. The company reported revenue of $214.3 million including software revenues of $88 million, up 9% year-over-year. On the earnings front, the company reported GAAP EPS of $0.16 and non-GAAP EPS of $0.31. Informatica’s chairman and CEO Sohaib Abbasi said:
Our first quarter 2013 results highlight the growing customer demand more »
With the increasing demand for data security, efficiency, and the growing use of software-as-a-service, IT companies are constantly upgrading technologies in their services and products. Also, they are taking initiatives to cope with the rapidly changing demand emerging from breakthrough technologies like Big Data and Cloud Computing. I have discussed three such companies, which have dealt with these changes perfectly and were successful in defending their market shares.
The principles of diversification conclude that it is unwise to accumulate too much company-specific risk. This is why investors are often advised to buy stocks in different industries or sectors; it is also why company insiders are normally expected to sell rather than buy shares. When insiders buy stock, it signifies a certain level of confidence in the company. This is an explanation for why insider purchases tend to be more »
According to a filing with the SEC, Informatica (NASDAQ: INFA) Chief Marketing Officer Margaret Breya bought 4,000 shares of the company’s stock on Jan. 29 at an average price of $36.21 per share. This gives her direct ownership of 34,000 shares if we include restricted stock units. Informatica is a $3.9 billion market cap business software and services company with a focus on products that more »
We saw some big moves following earnings on Friday, and this leaves investors wondering what moves to make next. Therefore, I am looking at the biggest movers, explaining why they moved, and then what to do next.
QLogic Corp (NASDAQ: QLGC)
The most impressive reaction following earnings was most likely by QLogic. The stock is currently trading higher by almost 15% after beating expectations on both the top and bottom more »
An upsurge in analyst upgrades took place today, as high-profile firms gave their outlooks for various stocks. Such activity was more than what we usually see during a typical session. Therefore, I am looking at some of the top stock moving calls that took place and examining what was said to move these stocks.
I want to talk about how investors can protect themselves from risk by engaging in an ongoing process of constantly checking the validity of assumptions that they are making while looking at an investment. Tibco Software (NASDAQ: TIBX) recently gave a great example of this.
Tibco’s Disappointing Guidance
Tibco recently came out and disappointed the market with its preliminary results for Q4. Subsequently, the stock took a beating. In more »
Usually, we have to wait until six to seven weeks after the end of a quarter to see what hedge funds have been buying. The exception is when they take on (or change) a large enough position that requires disclosure with the SEC- investors can learn about these transactions fairly quickly. Here are five stocks that hedge funds have been buying recently:
Carl Icahn isn’t letting his recent investment more »
Lone Pine Capital has filed with the SEC to disclose that it owns 5.6 million shares of Informatica (NASDAQ: INFA). The fund’s 13F filing for the second quarter of 2012 did not show it owning any shares at that time (though our database does record a position in the stock by Lone Pine last year). So Lone Capital has bought all of those shares, which are equivalent to more »
When looking at IBM’s (NYSE: IBM) results there are always two concerns. The first is IBM itself and the second is the commentary around all its various sectors and what this means for its competitors. Therefore I’m going to split this article into first discussing IBM's main business segments and then the individual components.
The market didn’t like the results or the associated commentary more »
This week is definitely the week when beautiful earnings instinctively flock like the salmon of Capistrano. It is such a big week that it’s hard to keep track on all the companies reporting. I’m going to pick out some that are of interest to me and explain why in the context of what they say about the economy and other stocks prospects. I've linked extensively to previous more »
Verint Systems (NASDAQ: VRNT) followed its rival Nice Systems (NASDAQ: NICE) and lowered full year guidance. I don’t think Verint did quite the same kind of ‘sandbagging’ job that Nice appeared to do but nonetheless the stock declined. Both stocks are interesting, not least because they offer a back door way into ‘big data’ analytics demand, but without the hefty valuations and expectations that the usual big data plays more »
Another day and another technology company lowers guidance. This time the market seems to have been caught unaware by Nice Systems (NASDAQ: NICE) lowering full year revenue and EPS guidance below its previous guidance and notably lower than the market consensus. In a sense, I’m surprised that the market was surprised. Despite Nice and its rival Verint Systems (NASDAQ: VRNT) reporting upbeat results and guidance in the last quarter more »
Informatica (NASDAQ: INFA) became the latest technology company to warn and this was no gentle reduction in guidance. It announced preliminary second quarter results and shocked the market with a forecast of Q2 revenues of $188-190 million where analyst estimates had been at $217 million. If this wasn’t bad enough, the conference call that followed the announcement was so largely devoid of company-specific "color" as to raise more questions more »