Category: Software

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
Software, Stock Movers

Stocks Moving Pre-Market: xG Technology, Inc. (NASDAQ:XGTI), Recon Technology (NASDAQ:RCON), Core-Mark Holding (NASDAQ:CORE)

xG Technology, Inc. (NASDAQ:XGTI), a developer of wireless communications and spectrum sharing technologies, has been awarded a U.S. Patent for cognitive radio that will enable high-performance spectrum sharing. This patent, “Measurement Coordination for Dynamic Spectrum Access Measurements in a Time Division Duplex System”, is an important part of xG Technology, Inc. (NASDAQ:XGTI)’s Dynamic Spectrum Access (DSA) technology. It allows base stations to coordinate their measurements … Continue reading Stocks Moving Pre-Market: xG Technology, Inc. (NASDAQ:XGTI), Recon Technology (NASDAQ:RCON), Core-Mark Holding (NASDAQ:CORE)

Chris Lewis
Retail, Services Sector, Software

After-Market Losers: Gap (NYSE:GPS), YuMe (NYSE:YUME), Acadia Pharmaceuticals (NASDAQ:ACAD), Ross Stores Inc. (NASDAQ:ROST)

The Gap (NYSE:GPS) reported Q4 earnings and revenue that were mixed. The Gap net income for the 13 weeks ended February 1, 2014 was $307 million, or $0.68 per share on a diluted basis. This compares with net income of $351 million, or $0.73 per share on a diluted basis, for the 14 weeks ended February 2, 2013. The Gap reported revenue of $4.57 billion, … Continue reading After-Market Losers: Gap (NYSE:GPS), YuMe (NYSE:YUME), Acadia Pharmaceuticals (NASDAQ:ACAD), Ross Stores Inc. (NASDAQ:ROST)

Mark Doerr
Software

Street Expecting $.06 EPS, Revenue of $1.12B from Salesforce.com (NYSE:CRM) in Quarter

Salesforce.com (NYSE:CRM) is set to report its Q4 results in tonight’s after-hours. Analysts polled by Capital IQ expect earnings of $0.06 per share on revenue of $1.12 billion. CRM favors a reversal trend between the bells following its after-hours earnings reports, narrowing or reversing 19 times and widening 18 times in next-day trade following its last 37 extended-hours earnings reports. Looking deeper into the performance … Continue reading Street Expecting $.06 EPS, Revenue of $1.12B from Salesforce.com (NYSE:CRM) in Quarter

John Bellich