Salesforce.com (CRM) has entered into a strategic business deal with Adobe Systems Incorporated (ADBE), whereby the entities will combine the cloud computing power of the Force.com with the Adobe Flash Platform in order to offer the customer a high quality Internet experience in the cloud. The combined service is presented as Adobe Flash Builder for Force.com, which will improve the end consumer Internet experience, as well as improve the productivity of web developers.  This is another example of Salesforce.com’s diversification of its service offerings, utilizing the cloud computing platform. This time it is targeted at web developers, a rapidly growing market the world over. Adobe Flash Builder for Force.com is a powerful tool, which helps to produce cloud-based rich Internet applications (RIA), which can be easily used by the end users through the Adobe Flash Player and browser or can be directly accessed on the desktop ...

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Wednesday November 4, 2009

DrStockPick.com Stock Report!

PWRM, INTC, PSFT, JPM, AQNM, MSFT, CVAT, STEC, CSRH

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PSFT, Powersafe Technology Corp., PSFT.PK

PSFT subsidiary Amplification Technologies Inc. (www.amplificationtechnologies.com) (ATI), is offering higher performance thermoelectrically cooled discrete amplification single photon counting solid state photodetectors. These photodetectors are mounted on a two stage thermoelectric cooler inside a hermetically sealed TO8 package and can be operated down to a temperature of -30oC.

The devices are available in both Si and InGaAs/InP technologies. As compared to TO5 devices, these TO8 packaged detectors have 10-30X lower dark current depending on operating temperature. The Si devices offer flat and

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SAP AG (SAP) reported third quarter of 2009 net income from continuing operations of 60 cents per share, compared to the Zacks Consensus Estimate of 58 cents. U.S. GAAP software and software-related service revenues were €1.94 billion (previous year: €1.99 billion), a decrease of 3%. U.S. GAAP total revenues were €2.51 billion (€2.76 billion), a decrease of 9%. U.S. GAAP software revenues were €525 million (€763 million), a decrease of 31% (30% at constant currencies). In the third quarter of 2009, SAP closed major contracts in several key regions including Dagrofa/SuperGros, Prada S.p.A., SeverStal OAO, Surgutneftegaz OAO, Swiss Life AG, and Telefonica, S.A. (TEF) in EMEA; Banco Industrial S.A., ConocoPhillips (COP), Dolby Laboratories (DLB), Fairfax County, Research In Motion Limited (RIMM) and Valero Services Inc. in Americas; and APL Co. Pte. Ltd, Department of Foreign Affairs and Trade, Australia, HDFC Standard Life ...

Logitech International (LOGI) reported earnings per share of 11 cents for the second quarter of 2010, higher than the Zacks Consensus Estimate of 6 cents. Sales for the quarter were $498 million, a decrease of 25% compared to $665 million in the same quarter last year. Excluding the unfavorable impact of exchange rate changes, sales decreased by 24%. Logitech’s retail sales for Q2 declined by 19% year over year, with sales down by 5% in the Americas, 24% in EMEA (Europe, Middle East and Africa) and 28% in Asia. OEM (original equipment manufacturer) sales were down by 54%. Retail sales in EMEA declined by 24% compared to the prior year with sell-through down by 21%. In the Americas, retail sales fell by just 5% with sell-through down by 9% compared to the prior year. Sell-through was better than expected in both the US and Canada. The ...

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Tuesday October 6, 2009

DrStockPick.com Stock Report!

EMR, PWRM, AVCT, CSRH, MSFT, CVAT, PALM, AQNM, HON

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EMR, Emerson Electric Co. and AVCT, Avocent Corporation

EMR a diversified global technology company, engages in designing and supplying product technology and delivering engineering services to various industrial and commercial, and consumer markets worldwide.

AVCT designs, manufactures, licenses, and sells software and hardware products and technologies that provide connectivity and centralized management of information technology (IT) infrastructure in the United States and internationally.

EMR has agreed to buy AVCT for about $1.2 billion in cash

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PWRM, Power 3 Medical Products Inc, PWRM.OB

Power3 Medical Products, Inc. is

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Salesforce.com (CRM) continues to capture the headlines. The web-based software maker and a player in the "cloud computing" space now ventures into the business of selling accounting software in collaboration with a Dutch company. Salesforce has set up a company named FinancialForce.com in association with Unit 4 Agresso (UNI4), the parent company of financial software specialist CODA, that sells accounting software. Both the companies will invest in FinancialForce.com, which in turn will use CODA’s cloud accounting application previously known as CODA 2go and will deliver finance and accounting solutions in the cloud. This brings Salesforce to an area where the company has not ventured before. This new accounting application is expected to provide finance professional and CFOs with better efficiency and confidence to perform complex accounting operations. Both Salesforce and non-Salesforce customers will be able to use this application through FinancialForce.com. On the other hand, ...

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Wednesday September 30, 2009

DrStockPick.com Stock Report!

COV, PWRM, MSFT, CSRH, NKE, CVAT, ABT

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COV, Covidien plc

COV engages in the development, manufacture, and sale of healthcare products for use in clinical and home settings worldwide. The company operates through four segments: Medical Devices, Imaging Solutions, Pharmaceutical Products, and Medical Supplies.

COV said Wednesday it received Food and Drug Administration clearance for its new endotracheal tube, a device that helps patients breathe.

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PWRM, Power 3 Medical Products Inc, PWRM.OB

Power3 Medical Products, Inc. is a leading bio-medical company engaged in the commercialization of neurodegenerative disease and cancer biomarkers, pathways, and mechanisms of diseases through the

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Oracle Corporation (ORCL) announced first quarter of FY2010 earnings per share of 29 cents, matching the Zacks Consensus Estimate. First quarter total revenues were down 5% year over year at $5.1 billion. New software license revenues were down 17% to $1.0 billion. Technology new license revenues were $711 million, down 19% in constant currency and down 22% in U.S. dollars. The Americas declined 11%, EMEA was down 26% and Asia declined 22%. Applications for new license revenues were $317 million, unchanged from last year on a constant currency basis, and down 4% in U.S. dollars. The Americas grew by 6%, EMEA was up 3% and Asia declined 23%. Software license updates and product support revenues were up 6% at $3.1 billion. These revenues are annual fees customers pay to receive updated versions and enhancements of their existing products. Services revenues were $909 million, down 18% in ...

Jesus C., the U.S. videogame industry revenue fell more than expected in July led by a sharp drop in console sales. Sales fell 29% to $848M, the fifth straight double-digit drop and nearly twice the -15% analysts predicted. Microsoft's (MSFT) Xbox 360, up 10%, was the lone gainer among consoles, though that too was short of consensus.  Could it be time to short the video game ...

For Immediate Release

Chicago, IL – August 7, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Salesforce.com (CRM), Wal-Mart (WMT), Dell Inc. (DELL), Google Inc. (GOOG) and Microsoft Corporation (MSFT).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Thursday’s Analyst Blog:

CRM Focuses on Healthcare

Healthcare provides a good business opportunity to information technology companies, a fact reinforced by Salesforce.com (CRM). The company is investing in Practice Fusion, which is involved in the business of electronic health records, health policy, health information technology and consumer medical data topics. Salesforce.com

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