(SINA) SINA Corporation – Bear of the Day
After posting strong results in 2008, SINA Corp. (SINA) posted weak financial results for 2009, due to dismal macroeconomic conditions. Both its revenue and EPS were below the year-ago levels. The...
View Article(CRM) Salesforce.com Witnesses Customer Growth
Growing enterprise cloud computing company Salesforce.com (CRM) recently declared through a press release that it had substantially increased its customer base in the Asia-Pacific region. During the...
View Article(JCOM) j2 Global Communications Continues Acquisitions
Internet fax to email service provider j2 Global Communications Inc. (JCOM) recently acquired the unified messaging and communications business of Australia-based mBox Pty Ltd. Individuals and...
View Article(CTXS) Citrix Systems First Quarter 2010 Earning Preview
Citrix Systems Inc. (CTXS), a leading provider of virtualization, networking and cloud computing solutions, will declare its first quarter 2010 financial results on April 21 after the market closes....
View Article(SINA) SINA Corporation – Bear of the Day
SINA Corp. (SINA) has provided a weak outlook for the first quarter of 2010, as a result of slowdown in the Chinese economy, the global financial and credit market crisis and low visibility for its...
View Article(CTXS) Citrix Systems’ Earnings Report Outperforms
Citrix Systems Inc. (CTXS) has declared its financial results for the first quarter of 2010. GAAP net income in the reported quarter was $47 million or 25 cents per share compared to a net income of $7...
View Article(VRSN) VeriSign First Quarter Report In-Line
VeriSign, Inc. (VRSN) reported revenues of $264 million from continuing operations in the first quarter of 2010, up 4% year over year and up 1% sequentially. Core businesses (Naming Services and...
View Article(JCOM) j2 Global Communications’ Earnings Report Underperforms
Yesterday, after market close, j2 Global Communications Inc. (JCOM) reported financial results for first quarter 2010. Overall, the results were well below the Zacks Consensus Estimates. Total revenue...
View Article(SYMC) Symantec Quarterly Revenues Up – Earnings Exceed Forecast
Symantec Corporation (SYMC) reported fourth quarter 2010 earnings per share of 40 cents, exceeding the Zacks Consensus Estimate of 33 cents. Revenue Symantec reported fourth quarter 2010 GAAP net...
View Article(SYMC) Symantec Eyes VeriSign Unit
Leading Internet security solutions provider Symantec Corporation (SYMC) has more or less agreed to buy the authentication service unit of VeriSign Inc. (VRSN) for a lump sum value of $1.3 billion....
View Article(VRSN) VeriSign Sells Business Unit to Symantec Corporation
VeriSign Inc. (VRSN) recently announced that it would sell its Authentication Services business to Symantec Corp. (SYMC) for approximately $1.28 billion in cash. The Authentication Services business...
View Article(VRSN) VeriSign Makes Financial Tides Say The Internet is Here to Stay, so...
Having a successful investment portfolio is not just stock picking; its also portfolio management. Don’t be afraid to cut loose stocks that don’t meet your criteria and always have a list of stocks...
View Article(SINA) SINA Reports First Quarter Profit 21.7% Ahead of Estimates
Excluding one-time items, but including stock-based compensation expenses, SINA Corporation (SINA) reported net profit for the fiscal first-quarter of 2010, which was a modest improvement from the...
View Article(SYMC) Symantec Signs Multi-Year Agreement With Hewlett-Packard
The California-based global leader in security solutions, Symantec Corp. (SYMC) announced yesterday that it has signed a multi-year agreement with the world’s largest PC maker Hewlett-Packard Co....
View Article(CRM) Salesforce.com Announces Pursuit of Microsoft on Patent Infringement
The leading provider of on-demand Customer Relationship Management (CRM) software, Salesforce.com Inc. (CRM) announced that it has accused the tech giant Microsoft Corp. (MSFT) of infringing its...
View Article(SYMC) Symantec Corporation Earnings Preview
Symantec Corp. (SYMC) is scheduled to announce its first-quarter 2011 results on July 28 and analyst estimates have been trending down over the last 7 days. Fourth-Quarter Update Symantec Corp....
View Article(CRM) Salesforce Second Quarter Earnings Reports Shows Revenue Up
Salesforce.com (CRM) reported second quarter fiscal 2011 adjusted net income per share of 16 cents, which surpassed the Zacks Consensus Estimate by 2 cents. The adjusted earnings per share excluded...
View Article(JCOM) j2 Global Communications Acquires Venali
j2 Global Communications Inc. (JCOM) has acquired Venali Inc., for approximately $17 million. Venali is a provider of Web-based business fax services. Venali takes pride in its impressive list of...
View Article(SYMC) Symantec Corporation Second Quarter 2011 Earnings Preview
Symantec Corp. (SYMC) is scheduled to announce its second quarter fiscal 2011 results on October 27 after market close, and we do not see any variation in analyst estimates at this point. First Quarter...
View Article(CRM) Salesforce.com Announces Aquisition of CloudApp Provider
Leading on-demand customer relationship management (CRM) and cloud computing company Salesforce.com Inc. (CRM) announced that it has signed a definitive agreement to acquire cloud-based application...
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