Yesterday, Callidus Software Inc. (CALD) announced its BPM (Business Process Management) Solutions for Incentive Management.

CALD is one of the major providers of Enterprise Incentive Management (EIM) software systems. EIM software helps large enterprises across many industries determine and automate total compensation packages.

Callidus' software assists customers on increasing productivity, improving profitability, and achieving a competitive advantage by effectively managing complex pay-for-performance programs.

However, many software firms are finding it difficult to close new customer deals. Part of the problem is the heightened level of cautiousness regarding IT spending among corporations. As a result, industry spending is focused on areas that are viewed as more strategic than EIM applications.

A substantial portion of the company's revenues comes from sales of products and services to customers in the financial and insurance industries. The recent slowdown in these industries has resulted in cancellation/deferral of planned expenditures by customers. Additionally, consolidations and business failures in

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For Immediate Release

Chicago, IL - May 5, 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: Palm (PALM), Hartford Financial Services Group, Inc. (HIG), Callidus Software, Inc. (CALD), Consolidated Edison (ED) and Washington Post Company (WPO).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=4579.

Here are highlights from Monday's Analyst Blog:

PALM: Hype & A Hot Stock

One of this year's hottest stocks has been Palm (PALM). Yes, the Palm that made PDA famous.

Last fall, shares of the company could have purchased for about $1.50 per share. On Friday,

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Callidus Software: Losses Mount on Higher Q1 RevenuesShares of Callidus Software, Inc. (CALD, Hold) are off over 6% in trading today following the company's Q1 earnings release yesterday. Q1 revenues of $25.9 million was higher than our estimate of $25.2 million and consensus of $24.9 million, while non-GAAP EPS came in lower than expected. Q1 loss of $(0.05) per share was significantly lower than our and consensus estimate of a loss of $(0.02) per share. Callidus is one of the major providers of Enterprise Incentive Management (EIM) software systems. EIM software helps large enterprises across many industries determine and automate total compensation packages. Q1 revenue upside came mainly from the Services & Other segment, while recurring revenues came in line with expectation.The earning loss for the quarter, on the other hand, was mostly a result of the company's increased use of third-party vendors, which impacted gross ...