Compuware Corp. (CPWR) yesterday announced that it will acquire privately-held Gomez Inc. for $295 million in cash. The acquisition is expected to be completed by November and dilute fiscal 2010 EPS due to an amortization charge of $5 million per quarter. Management expects to see a positive impact on 2011 results.   Headquartered in Detroit, Michigan, Compuware provides software products and professional services to many of the largest users of information systems in the world. Headquartered in Lexington, Massachusetts, Gomez is a leader in web application experience management and its clients include Google and Facebook. Gomez employs 272 people around the world. Compuware plans to retain all of them after the close of the transaction.   Compuware as well as Gomex provides unified application performance management solution. Management added that while other players have fragmented solutions, only Compuware and Gomez can optimize application performance across the enterprise and ...

DrStockPick.com Stock Report!

Monday August 24, 2009

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Savvis, Inc. (Nasdaq: SVVS), a global leader in outsourced internet infrastructure services for the enterprise, today announced an agreement to provide a virtual IT Lab solution to Column Technologies, a global provider of infrastructure management and business intelligence solutions, including a variety of BMC Software and BMC Remedy business service management solutions.

Trapeze Networks(R) (NYSE: BDC), the award-winning provider of NonStop wireless networking solutions is pleased to welcome Integration Partners Corporation (IPC), a voice and data network solutions provider, as the newest member of their Gold Partner program. In collaboration with Trapeze Networks, IPC can offer the entire NonStop wireless networking solution

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PennyOmega.com Stock Report!

PennyOmega.com Hot Stock News & Alerts!

 

Monday August 10, 2009

PennyOmega.com Stock Report!

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Rainmaker Systems, Inc. (Nasdaq: RMKR), a leading provider of sales and marketing solutions offering hosted application software and execution services, is pleased to announce ViewCentral 6.0, the latest release of its SaaS, on-demand Learning Management Solution (LMS) for customer education sales. This release further cements ViewCentral’s position as a leader in SaaS on-demand training platforms for companies who want to generate revenue from their customers through education sales, with globalization, open standards and improved ease-of-use.

Bridgepoint Education, Inc. (NYSE: BPI), a provider of postsecondary education services, today announced that its academic institutions — Ashford University and University of the Rockies

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DrStockPick.com Stock Report!

Tuesday July 28, 2009

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Hitachi ID Systems, Inc. today announced the availability of their products through BMC Software (NYSE: BMC). Hitachi ID Systems, a member of the BMC Technology Alliance Program, has added their products to BMC’s pricelist, making Hitachi ID’s products available globally from BMC and BMC channel partners.

DineEquity, Inc. (NYSE: DIN), the parent company of Applebee’s Neighborhood Grill & Bar and IHOP Restaurants, today announced that it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). The registration statement, when declared effective by the SEC, will permit the Company to offer and sell up to $200 million of common stock, preferred

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Compuware Corporation (CPWR) yesterday reported revenues of $214.4 million for the first quarter ended June 30, 2009, down 28% year over year and falling short of the consensus estimate of $217.8 million. CPWR provides software products and professional services to many of the large users of information systems around the world. It serves more than 70% of the Fortune 500 companies and has over 23,000 customers spread across many industries worldwide. GAAP EPS came in at $0.21 while non-GAAP EPS (excluding restructuring charges) came in at $0.22 beating consensus estimate of $0.13 due to strong performance by the business service delivery strategy. The divestiture of Quality Solutions fetched gains of $52.4 million. Management stated that software license fees exceeded expectations. Software license fees came in at $40.5 million compared to $61.4 million in the year-ago quarter. Maintenance fees were ...

Through the 90’s, Cisco Systems [CSCO: 18.91, -0.12 (-0.63%)] was known as one of the “4 Horsemen of IT” and was even the largest company by market cap ($500 B) at the peak of the tech bubble in early 2000.   The web is the driver of all information worldwide over the past two decades, thus all recent tech trends revolve around the internet: mobilization, cloud computing, virtualization, social networking and much more.  Consequently enough, Cisco is the dominant provider of the networking gear that runs the internet.  More specifially, Cisco’s bread and butter has been the ethernet switches and overall routers markets with approximately 70% and 50% of the market share, respectively.  To sustain revenue growth, companies like CSCO must adapt to tech trends and enter new markets outside of its core business.

Breaking Ties

On March 16th, CSCO unveiled its two-year secret project: the

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* Oracle (NASDAQ:ORCL) reported fourth-quarter earnings of 46 cents a share, versus estimates of 44 cents, as revenues fell 5.2% to $6.86 billion, up from Street estimates of $6.47 billion

* PetSmart (NASDAQ:PETM) raised its quarterly dividend to 10 cents from 3 cents; the company also announced plans for a $350 million stock purchase plan

* Bank of America (NYSE:BAC) announced efforts to raise over $2.5 billion in fresh capital through the swap of preferred for common shares, which priced at $12.7048

* Chevron (NYSE:CVX) announced production has begun at Brazil's Frade Field, a $3 billion project, which is projected to result in production levels of 90,000 barrels daily by 2011

* BMC Software (NYSE:BMC) reaffirmed its 2010 earnings guidance ex-items of $2.37-$2.47 a share, with operating cash flow expected at $600-$650 million, noting the firm has been gaining market share in IT management software space

* Rite Aid (NYSE:RAD) reported first quarter loss of

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Wal-Mart (

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The market is showing signs of relief as the major indices have experienced some great up days despite a lack of positive news regarding our economy.  As an investor, you maybe wondering what your options are to return to the equity market with as much prudence as possible.  The first thing to note is that the IT S&P 500 Component has done extremely well, up 11.80% YTD.  A great way to re-enter IT is through the purchase of well constructed Exchange Traded Funds (ETFs). ETFs are a great way to capture the upside potential of various companies while maintaining diversity within your IT portfolio (or any portfolio).  The key to ETF evaluation is to select low cost and well constructed ETFs making it important to conduct due diligence on the major underlying securities of the vehicle.  ETFs can

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Open Text Corporation (Nasdaq: OTEX): Stock of the Day

by David Fessler, Advisory Panelist

One Stock to Watch in this Little-Known Software Sector

The swine flu virus has a number of biotech stocks moving upwards, and pork producers moving downwards. Unless this turns into a full-blown pandemic, both of these represent a typical knee-jerk over-reaction by the markets, fueled by silly misinformation, hyped by the mainstream news media.

There is another sector, however that is on fire at the moment. And it has nothing to do with pandemics. This little-known software sector has companies like Ebix, Inc. (Nasdaq:EBIX), Smith Micro Software (Nasdaq:SMSI), Telecommunications Systems (Nasdaq:TSYS) and BMC Software (NYSE:BMC).

But Open Text Corporation (Nasdaq:OTEX) is the one to watch, and lately it’s been on the move. Open Text’s sole product is enterprise content management (ECM) software.

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