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Maersk Beefing Up IT Staff
Monday, August 19, 2019 - 2:47pm | 1300Read More...Reporting its second quarter earnings last week, A.P. Moller-Maersk said it is planning to boost the size of the company's IT staff and that "Technology is core to both our vision to become the global integrator of container logistics and a key enabler to enhance our operating performance." The...
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Jacobs Engineering To Buy KeyW In $815M Deal
Monday, April 22, 2019 - 2:20pm | 486Read More...Jacobs Engineering Group Inc (NYSE: JEC) and KEYW Holding Corp. (NYSE: KEYW) announced a definitive merger agreement Monday. The $815-million deal makes KeyW — an intelligence, cyber, mission and IT analytics company operating in the intelligence and national security...
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'Better Business Outcomes': SolarWinds To Acquire Samanage For $350M
Friday, April 12, 2019 - 11:41am | 351Read More...IT management software company SolarWinds (NYSE: SWI) said Thursday it has reached an agreement to buy privately held Samanage, an IT service desk solution company. What Happened The deal is for $350 million in cash or approximately $329 million net of cash acquired, SolarWinds...
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BMO Capital Markets Upgrades Cognizant On CEO Change
Thursday, February 7, 2019 - 11:39am | 331Read More...Cognizant Technology Solutions Corp (NASDAQ: CTSH) has historically sacrificed revenue growth for margin expansion, although revenue growth typically has a bigger impact on multiples than margin expansion, according to BMO Capital Markets. The sell-side firm finds it encouraging that the IT...
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The SolarWinds IPO: What You Need To Know
Thursday, October 18, 2018 - 12:55pm | 493Read More...Software developer SolarWinds is set to begin trading on the New York Stock Exchange under the ticker symbol “SWI.” The company lowered the price range Thursday for the planned IPO. The Company SolarWinds provides information technology infrastructure management software, according to...
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Stifel Raises Microsoft Price Target After 'Big Wow' Of A Quarter
Friday, July 20, 2018 - 9:38am | 384Read More...Microsoft Corporation (NASDAQ: MSFT) reported Thursday afternoon with a "big wow" of a fourth-quarter report that turned Stifel incrementally bullish. The Analyst Stifel's Brad Reback maintains a Buy rating on Microsoft with a price target lifted from $107 to $118. The...
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Rapid7's Growth Is Already Priced In, Analyst Says In Neutral Initiation
Wednesday, April 11, 2018 - 4:11pm | 362Read More...While security analytics name Rapid7 Inc (NASDAQ: RPD) is positioned for growth over the coming years, it isn't reason enough to be a buyer of the stock, according to D.A. Davidson. The Analyst D.A. Davidson's Mark Kelleher initiated coverage of Rapid7's stock with a Neutral...
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BlackBerry Teams Up With Microsoft
Tuesday, March 20, 2018 - 8:31am | 441Read More...Technology giant Microsoft Corporation (NASDAQ: MSFT) is teaming up with BlackBerry Ltd (NYSE: BB) to offer enterprises a solution that combines BlackBerry's expertise in mobility and security with Microsoft's cloud and productivity products. What Happened As part of the new partnership...
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As Cisco Moves To A Subscription-Based Model, Goldman Sachs Initiates With A Buy
Wednesday, February 7, 2018 - 2:42pm | 388Read More...This year is a turning point for Cisco Systems, Inc. (NASDAQ: CSCO) as it works to grow revenues and gross profits during a transition to a disaggregated model for hardware and software in campus switching, according to Goldman Sachs. The Analyst Goldman analyst Rod Hall initiated...
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Cowen Survey Paints A Bullish Picture For VMware
Thursday, January 11, 2018 - 5:04pm | 465Read More...VMware, Inc. (NYSE: VMW)'s stock soared higher by more than 50 percent in 2017, but there's room left for growth, according to a proprietary Cowen survey. The Analyst Cowen's Gregg Moskowitz upgraded VMware's stock rating from Market Perform to Outperform with a price...
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Burger King Takes Jab At Ronald McDonald With New Free Whopper Promotion
Thursday, October 26, 2017 - 3:13pm | 439Read More...Somewhere between last year’s clown hauntings and this year’s theatrical release of Stephen King’s “It,” Burger King saw an opportunity. An opportunity to torment its clown-touting foe. The Restaurant Brands International Inc (NYSE: QSR) chain is leveraging the globe...
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Regal Entertainment, Cinemark Upgraded By Morgan Stanley; Concerns Of Disappointing Summer Box Office Overdone
Thursday, October 5, 2017 - 2:26pm | 401Read More...Analysts at Morgan Stanley turned less bearish on two movie theater chain names amid a view that competition from streaming video platforms and a disappointing summer box office are overdone and already priced into the stock. Morgan Stanley's Benjamin Swinburne upgraded Regal Entertainment (...
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Deutsche Bank Models 27% Downside In F5 Networks Shares
Tuesday, October 3, 2017 - 12:02pm | 353Read More...Analysts at Deutsche Bank turned incrementally bearish on F5 Networks, Inc. (NASDAQ: FFIV) after conducting first-hand research that points to worse than expected weakness. The firm's Vijay Bhagavath maintains a Sell rating on F5 Networks' stock with a price target lowered from $100 to $90....
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Like A Lurking Hitman, 'Goodfellas' Is The Enduring Classic Nobody Saw Coming
Tuesday, September 19, 2017 - 12:52pm | 1115Read More...“I’m funny how? Like I’m funny like a clown? I’m here to amuse you? I make you laugh?” Nope, that’s not a line from the killer-clown hit “It,” but a bit of menacing dialogue from one of the many, many memorable scenes in Martin Scorsese's...
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'It' And 'American Assassin' Kill At The Box Office, Jennifer Lawrence's 'Mother!' Bombs
Sunday, September 17, 2017 - 4:25pm | 323Read More...Time Warner Inc's (NYSE: TWX) “It” slaughtered expectations and took in a second-weekend toll that defied the usual drop-off for hit horror movies, leading another killer weekend at the box office. Holy It “‘It’ continues to set a new standard for what is...
















