Category: Software

BioTech, Services Sector, Software

Sonic Beats on Q2 Earnings, In Line on Revenue

Sonic (NASDAQ:SONC) reported Q2 earnings of $0.07 per share, up from $0.05 per share last year and a penny better than the analyst consensus on Capital IQ. System-wide same-store sales increased 1.4%, consisting of an increase of 1.5% at franchise drive-ins and an increase of 1.3% at company drive-ins. Total revenue was $109.7 million, down from $111.1 million last year and about in line with … Continue reading Sonic Beats on Q2 Earnings, In Line on Revenue

Mark DeFrance
Software, Tech IPO

Box, Inc. Files for IPO

Box, Inc. disclosed tonight it filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The number of shares to be sold and the price range for the proposed offering have not yet been determined. Box has developed a content sharing platform for companies and individuals using cloud services, an industry that encompasses a broad … Continue reading Box, Inc. Files for IPO

Ryan Holtz
Software

Better Than Expected Hardware Checks Ahead of Quarter for Oracle Corp (NYSE:ORCL)

In a research report issued by JMP Securities, the firm maintains their Market Perform rating on Oracle Corporation (NASDAQ:ORCL). Some of the highlights of the note are included below. While we remain cautious about Oracle’s long-term prospects given the shift to the cloud, we do see potential for upside this quarter for two reasons: a) the company faces much easier software license comps for F3Q … Continue reading Better Than Expected Hardware Checks Ahead of Quarter for Oracle Corp (NYSE:ORCL)

Richard Atkins
Services Sector, Software

Vodafone (NASDAQ:VOD) Agrees to Buy Spanish Cable Operator Ono

The American Depositary Receipts of Vodafone (NASDAQ:VOD) edged up in recent pre-market trading on Monday after a Reuters report that said the British mobile communications company has agreed to buy Spanish cable operator Ono for $7.2 billion euros ($10 billion). Reuters said the acquisition will boost its portfolio of offerings by adding a combination of mobile and fixed-line telephony, pay-TV, and broadband. Vodafone (NASDAQ:VOD) was … Continue reading Vodafone (NASDAQ:VOD) Agrees to Buy Spanish Cable Operator Ono

Adam Keintzel
Software

Large Caps in Focus: Goodyear Tire & Rubber (NASDAQ:GT), Verizon Communications (NYSE:VZ), Bed Bath & Beyond Inc. (NASDAQ:BBBY), Dun & Bradstreet Corp. (NYSE:DNB)

Shares of Goodyear Tire & Rubber (NASDAQ:GT) are nudging higher in Friday’s evening trade as the company declares the final quarterly dividend on the company’s 5.875% mandatory convertible preferred stock, which is subject to mandatory conversion into shares of Goodyear (NASDAQ:GT) common stock on April 1, 2014. The tire company’s dividend of $0.73 per share is payable in cash April 1, 2014, to shareholders who … Continue reading Large Caps in Focus: Goodyear Tire & Rubber (NASDAQ:GT), Verizon Communications (NYSE:VZ), Bed Bath & Beyond Inc. (NASDAQ:BBBY), Dun & Bradstreet Corp. (NYSE:DNB)

Kristen Barton
Software

Landstar (NASDAQ:LSTR) Provides Encouraging Guidance

In an analyst note published by Matthew Young at Morningstar, he broke down Landstar System Inc’s (NASDAQ:LSTR) encouraging management guidance update.  Management expects Q1 revenues in the $640-690 million range, within the Street consensus of $.59. Some of the other note highlights are included below: Landstar provided an encouraging mid-first-quarter guidance update–freight demand continues to improve, and tightening industry capacity is supporting decent pricing conditions. … Continue reading Landstar (NASDAQ:LSTR) Provides Encouraging Guidance

Chris Lewis