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Nutanix Shares Soar, Sell-Side More Cautious On Near-Term Prospects Amid Transition
Thursday, August 29, 2019 - 1:22pm | 581Read More...Nutanix, Inc. (NASDAQ: NTNX) shares continued to soar Thursday after a stronger-than-expected quarter and more confident guidance, but much of the sell-side remained cautious as it transitions from a hardware business to one selling software subscriptions. The company reported continued losses and...
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Daimler Recalls Sprinter Vans For Taillight Software Glitch
Monday, August 26, 2019 - 10:09pm | 126Read More...Daimler Vans USA is recalling 2019 Mercedes-Benz and Freightliner Sprinter 1500, 2500, 3500 and 4500 vans because a software glitch can reduce the brightness or extinguish the taillights if the manual switch is turned too quickly. Reduced taillight visibility increases the risk of a crash,...
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Trucking Software Supplier Adds Mountain Corridor Safety Notifications
Monday, August 19, 2019 - 2:50pm | 471Read More...Four months after an out-of-control runaway truck slammed into stopped traffic near Lakewood, Colorado and killed four people, a trucking software supplier is adding in-cab mountain corridor safety alerts. Drivers whose companies subscribe to Drivewyze Inc.'s PreClear weigh station bypass...
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These Analysts Like Medallia's Prospects For 'Experience Management' Business
Tuesday, August 13, 2019 - 3:35pm | 498Read More...Medallia Inc (NYSE: MDLA) is a pioneer in a new type of business analytics, the effort to track customer signals known as “Experience Management,” and the newly public company is set for growth because of it, two sell-side analysts said Tuesday. The company went public last month. The...
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Analyst: OneSpan Earnings A 'Step In The Right Direction"
Friday, July 26, 2019 - 1:14pm | 344Read More...Onespan Inc (NASDAQ: OSPN) reported second-quarter results, which showed the e-signature and secure transaction company is processing in transitioning toward a software security player, according to Wedbush. The Analyst Wedbush's Daniel Ives maintains a Neutral rating on OneSpan's stock...
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Linx IPO: What You Need To Know
Tuesday, June 25, 2019 - 11:13am | 427Read More...The Brazilian economy is teetering, and the global macroeconomic conditions are not quite enthusing. Yet investors who are willing to make a bold bet can keep an eye on this Brazilian company that provides software solutions to retailers. The IPO Terms Sao Paulo, Brazil-based Linx S.A. (NYSE: LINX...
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Tuesday's Market Minute: What To Watch For Today, 6/18
Tuesday, June 18, 2019 - 9:40am | 379Read More...Earnings season has pretty much petered out, but there are a few interesting names on the radar this week: Adobe Inc (NASDAQ: ADBE)(postmarket today), Oracle (NYSE: ORCL)(postmarket Wednesday), and Red Hat Inc (NYSE: RHT) (postmarket Thursday), all software companies. It may be...
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Oppenehimer Says Zendesk's Moderating Upside Prevents A Bullish Stance
Wednesday, May 1, 2019 - 11:33am | 405Read More...Zendesk Inc (NYSE: ZEN) reported a first-quarter beat Tuesday and raised its full-year revenue guidance. The company’s beat-and-raise trend moderated in the quarter, which may suggest less upside in future quarterly results, according to Oppenheimer. The Analyst Koji Ikeda maintained a...
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Morgan Stanley Turns Bullish On Adobe, Highlights 'Durable' 20% EPS Growth
Monday, April 29, 2019 - 10:58am | 391Read More...Software investors may want to consider passing on "hyper growth stories" in favor of a company like Adobe Inc (NASDAQ: ADBE), which offers a "durable" earnings per share growth profile, according to Morgan Stanley. The Analyst Keith Weiss upgraded Adobe from Equal-weight...
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Bolloré Logistics In Global Roll-Out Of WiseTech Software
Friday, April 26, 2019 - 10:29am | 674Read More...Global freight forwarder Bolloré Logistics and productivity software provider WiseTech Global have done a deal to roll-out WiseTech's core software across the forwarder's global network. WiseTech's "CargoWise One" helps logistics providers to carry out...
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What Analysts Think Of BlackBerry's Turnaround
Monday, April 1, 2019 - 11:53am | 640Read More...BlackBerry Ltd (NYSE: BB) CEO John Chen said Friday after the company's fourth-quarter report its turnaround is complete. The transition from smartphone maker to software and services should result in the company seeing year-over-year growth in all four quarters. Here is a summary of how...
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Congress Seen As Failing To Prioritize Maritime Cyber Risks
Thursday, March 28, 2019 - 10:40am | 804Read More...The United States Coast Guard (USCG) routinely responds to cybersecurity breaches on ships at the same time lawmakers are failing to devote the attention and resources needed to help lessen the threat, according to government officials. "The problems are very severe," said John...
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Adobe's Q4 Earnings Report: The Street Reacts
Friday, December 14, 2018 - 11:36am | 697Read More...Adobe Inc (NASDAQ: ADBE) on Thursday reported its fiscal fourth-quarter earnings report. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts BMO Capital Markets' Keith Bachman maintains an Outperform rating on Adobe with a price target lifted from...
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What's Next For Apptio After Vista's Acquisition Offer?
Monday, November 12, 2018 - 4:45pm | 432Read More...Apptio Inc (NASDAQ: APTI) confirmed Sunday evening that it has agreed to sell itself to Vista Equity Partners, an investment firm that focuses on software, data and technology-enabled businesses. The Analysts Jefferies' John DiFucci maintains a Buy rating on Apptio with an unchanged $40...
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Thoma Bravo Expressed Interest In Buying Symantec, Cybersecurity Stocks Move Higher
Tuesday, November 6, 2018 - 2:11pm | 404Read More...Shares of American software company Symantec Corp. (NASDAQ: SYMC) were surging nearly 14 percent Tuesday on M&A talk. What Happened Private equity firm Thoma Bravo has expressed interest in acquiring Symantec, according to Reuters, which cited unnanmed sources. In September...














