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Electronic Arts Trades below Moving Averages in August
Electronic Arts (EA) generated investor returns of 70.14% in the trailing 12-month period and -9.62% in the trailing one-month period.
Palo Alto Networks Stock Rises 4% after Fiscal 1Q16 Earnings
Palo Alto Networks (PANW) announced its fiscal 1Q16 earnings on November 23, 2015. Market reaction was positive, and investors drove the stock up by 4.0% in after-hours trading.
System Software Subsector: Best Performer in HACK
From September 7–11, 2015, the technology sector performed immensely well, pulling all the sectors up. For HACK, System Software was the best performing subsector.
Fortinet Stock Price Quoted below Its Benchmark
Fortinet (FTNT) has risen 78.48% in the trailing twelve months (TTM) and 4.07% over the last month. The share price of the firm has seen a rise of 2.86% in the trailing five-day period.
Why Jeff Bezos Loves Startups
According to the data compiled by Thomson Reuters, early-stage companies make up ~53.8% of Bezos Expeditions’ total investments.
Honeywell’s Management Seeks to Reassure Investors
Honeywell (HON) released its 3Q16 earnings on October 21. It provided a business update earlier in the month, but there were a few surprises in the release.
Salesforce.com Pushes into Big Data with MinHash Acquisition
December 2015 has been eventful for Salesforce.com with the acquisition of MinHash, a data analytics firm. With this acquisition, Salesforce.com is going deeper into the Big Data space.
Why Microsoft has been strong since Satya Nadella became CEO
Satya Nadella was appointed CEO of Microsoft (MSFT) in February 2014. In the short span of three months, he has taken a number of initiatives that have made investors happy.
A Close Look at Intuit’s Reporting Structure
Intuit’s reporting structure is organized around three segments: Small Business, Consumer Tax, and Professional Tax. It generates a majority of its revenues from small businesses.
Why Oracle’s engineered systems should drive hardware growth
Oracle’s (ORCL) Engineered Systems business comprise the Oracle Exadata Database Machine, Oracle Exalogic Elastic Cloud, and Oracle SPARC SuperCluster products.
Google Enlisted Ford to Implement Self-Driving System
Google and Ford are set to form a partnership to develop self-driving cars. The partnership is scheduled to be announced by Ford at the “consumer electronics show” in January 2016.
Does Jefferies Prefer Microsoft Stock over Oracle?
Jefferies upgraded Microsoft (MSFT) stock to “buy.” The firm also raised its target price on Microsoft stock from $93 to $160.
Cloudera Stock Surges on News of Icahn’s Stake
Yesterday, Carl Icahn revealed his 12.6% stake in data analytics company Cloudera (CLDR), causing its shares to jump.
How Iron Mountain Has Maintained Its Dividend Yield
How Iron Mountain has maintained a 5% yield Iron Mountain (IRM) is an enterprise information management services company. The company’s revenue grew in 2016, supported by its North American Records and Information Management Business, North American Data Management Business, Western European Business, and Other International Business segments. Its revenue fell 4% in 2015 before rising 17% in 2016. Its operating income fell 5% in 2015 and 4% in 2016 due to […]
Why Has the Profit Margin for Electronic Arts Improved?
Digital revenues have grown rapidly for Electronic Arts (EA). In fiscal 4Q16, digital revenues rose by 18.3% year-over-year to $712 million from $602 million in 4Q15.
Activision Acquired Major League Gaming to Enter the e-Sports Segment
According to Activision, the e-sports audience comprises more than 100 million viewers and is projected to be bigger than the audience for professional sports leagues.
Why Digital Revenues Are Key to Electronic Arts’ Long-Term Growth
Electronic Arts generates ~$1 billion a year from FIFA as its core game and its revenues from Fantasy Football total ~$400 million. Although users may play FIFA for a few months, the online fantasy game is played all year long.
Average Monthly Active Users Drove Activision’s Digital Growth
In 2015, Activision’s GAAP digital revenue grew 32% YoY to $2.5 billion from $1.9 billion in 2014. Digital revenue accounted for 54% of the total revenue in 2015.
Impressive Digital Revenues for Activision in 4Q15
On February 11, Activision (ATVI) announced its 4Q15 results and reported GAAP net revenues of $1.4 billion compared to $1.6 billion in 4Q14.
Looking Ahead: Citrix’s Financial Outlook for 2016
Citrix Systems (CTXS) has targeted revenues in the range of $3.31 billion to $3.32 billion for fiscal 2016.
Customer Spending Slowdown Has Driven Tableau’s Weak Guidance
Tableau projected revenues for 2016 to be between $830 million and $850 million, lower than its previous forecast of between $845 million and $865 million.
Tableau Software’s 4Q15 Revenues and Earnings Beat Estimates
On February 4, 2016, Tableau Software (DATA) announced its 4Q15 results. Tableau reported revenues of $202.8 million, a rise of 42% year-over-year.
Electronic Arts Traded below Its Moving Averages in December 2015
Out of 23 analysts covering the Electronic Arts (EA), 17 have a “buy” recommendation on Electronic Arts and six recommend a “hold.”
Electronic Arts: A Market Leader in the Gaming Space
Electronic Arts owns an enviable list of gaming franchises such as FIFA, Madden, Battlefield, and Battlefront. The just-released Star Wars game is free to download from Google Play and the App Store.
How Does FactSet Research Systems Compare to Its Peers?
The PBV (price-to-book value) ratios of FactSet Research Systems, Thomson Reuters, MSCI, Markit, and Morningstar are 12.6x, 2.4x, 6.8x, 2.3x, and 5.3x, respectively.
FactSet Research Systems’ Revenue and Income Rose in Fiscal 1Q16
After FactSet Research Systems (FDS) released its fiscal 1Q16 earnings report, FDS fell by 4.0% to close at $162.59 per share in yesterday’s trade.
What’s Driving Growth for Splunk and Its Peers?
One reason that companies like Splunk can report strong double-digit growth is that there is relatively small penetration of big data in the tech industry.
Assessing the ROE of Adobe, Autodesk, and Salesforce in 3Q15
In 3Q15, the return on equity (or ROE) for Adobe (ADBE) was 10.38% compared to 2.67% in the same period last year and 4.82% in 3Q13.
Comparing Adobe, Autodesk, and Salesforce’s R&D Expenses in 3Q15
In 3Q15, Adobe’s (ADBE) expenses for R&D increased to $219 million from $212 million in 3Q14 and $209 million in 3Q13. R&D expenses allocated comprised 17.98% of total revenues in 3Q15.
What Do Analysts Recommend for FireEye?
As of November 4, 2015, FireEye (FEYE) has generated returns of -15.5% for the trailing 12 months (or TTM) and -12.5% in the trailing-one-month period.
Intel Acquires Altera: Will History Repeat Itself?
Intel will be leveraging Altera’s FPGA (field-programmable gate array) product series, which includes its Stratix, Arria, and Cyclone products.
Microsoft to Acquire Another Security Company: Secure Islands
On November 9, 2015, Microsoft (MSFT) announced the acquisition of Secure Islands, a data security company based in Israel. This will be its third acquisition of an Israeli cybersecurity company.
How Did Cybersecurity ETF HACK Perform Last Week?
HACK closed at $27.10 with a positive return of 1.3% on Friday, November 6, 2015, generating a profit of 1.1% for the week.
Microsoft and Amazon to Consolidate FAA’s Data Centers
Amazon and Microsoft contracted with the FAA to streamline the FAA’s network centers and store its data on Amazon’s Web Services and Microsoft’s Azure cloud.
Microsoft Trades below Moving Averages in August
Out of 41 analysts covering Microsoft (MSFT), 22 have a “buy” recommendation on it, six have a “sell” recommendation, and 13 recommend “hold.”
How Barracuda Quoted Below Its Benchmark—but Remained Attractive
On September 29, 2015, Barracuda showed a decline of -7.25% in the trailing twelve-month period and decline of -11.33% in the trailing one-month period.
Imperva Stock Price Quoted above Average
Cyber and data security provider Imperva (IMPV) has generated returns of 152.29% in the trailing 12 months (or TTM) and 33.63% in the trailing one-month period.
FactSet Research Systems’ Performance in a Competitive Market
FactSet Research Systems has outperformed its competitors based on net profit margin, EPS, PE, and PB. It has outperformed its ETFs based on price movement, PE, and PB.
How FactSet Research Systems Performed in 4Q15
FactSet Research Systems (FDS) has a market cap of $6.74 billion. Its YTD performance is going up day by day. After the 4Q15 earnings report, FDS fell 1.96% to close at $162.67 per share.
How Does Red Hat Compare to Its Peers?
Red Hat has outperformed its peers based on the gross profit margin, current ratio, PE ratio, and PBV ratio. It also outperformed it ETFs.
NetScout Acquires Danaher’s Communication Business
In October 2014, Danaher (DHR) announced an agreement with NetScout (NTCT). Danaher’s communication business will combine with NetScout.
Fortinet and Splunk to Form Technical Alliance Against Cyber Threats
Fortinet recently announced its technical alliance with Splunk, which should significantly help service providers fight cyber attacks.
How Does Adobe Systems Compare to Its Peers?
Adobe Systems was better than its peers based on the PE ratio, PBV ratio, and gross profit margin. It was also ahead of its ETFs.
Microsoft Only Firm Expected to See Tablet Growth in 2015
Microsoft’s Window tablets are forecasted to increase by 59.5% in 2015 to 17.7 million units in 2015, or a market share of 8.4%.
Device and Consumer Revenues Decline for Microsoft
In 4Q15, revenues in the devices and consumer segment for Microsoft declined by 13% to $8.7 billion.
NetSuite Reports Record 2Q15 Revenues
On July 23, NetSuite declared its 2Q15 results and reported revenues of $177.3 million, a 35% YoY increase in comparison to 2Q14.
VMware Trades below Moving Averages in August
VMware generated investor returns of -18.97% in the trailing 12-month period and -10.02% in the trailing one-month period.
EPS Increases 15% YoY for VMware in 2Q15
VMWare’s GAAP net income in 2Q15 was $172 million and its EPS equaled $0.40 per diluted share. This compares to its net income of $167 million and EPS of $0.38 in 2Q14.
Infoblox Stock Remained below the Moving Averages
Infoblox (BLOX) has generated returns of 28.64% in the trailing 12 months (or TTM) and -20.49% in the trailing one-month period.
Splunk’s Earnings Beat Analysts’ Expectations
Splunk (SPLK) shares fell by 5.10% to $60.98 despite strong 2Q15 results. It reported total revenue of $148.3 million compared to $101.5 million last year.
TPG-Axon Ups Its Position in Zynga by 36%
TPG-Axon raised its position in Zynga (ZNGA) by increasing shares from 16,303,598 in 3Q14 to 22,124,546 in 4Q14. This represents an increase of 36%.
Must-Know Overview of Rovi Corporation
Rovi Corporation (ROVI) provides content discovery and personalized, interactive experiences to the entertainment media market.
Glenn Welling’s Fund Pressures Rovi’s Board
According to Bloomberg News, Engaged Capital is seeking to alter Rovi Corporation’s cost structure and implement various strategic initiatives.
Engaged Capital Raises Stake in Rovi Corporation
Engaged Capital’s relationship with Rovi dates back to April 2013, when the fund first invested in the company.
Must-know: Saleforce.com’s “industry strategy”
In April 2014, Salesforce.com (CRM) announced its “industry strategy.” The company wants to expand its presence across various industry verticals. The company’s industry strategy is three-pronged.
Takeaways for Oracle investors: Cloud product growth is important
Despite the lower growth rates achieved by its cloud based products, Oracle remains optimistic. Oracle believes that it has a complete portfolio of SaaS-based products in the HCM, CRM, and ERP markets.