Business Software & Services

(NVTL) Novatel Wireless Remains Neutral

We reiterate our long-term Neutral recommendation on Novatel Wireless Inc. (NVTL) as we believe that the stock is currently fairly valued. The company posted mixed financial results for the first quarter of 2013. While the total revenue...

7Sep2013 | | Comments Off on (NVTL) Novatel Wireless Remains Neutral | Continued

(ADP) January 3: Jobs Data Beats Estimates – Economic Highlights

What Fiscal Cliff? This morning’s payroll report from ADP (ADP) provided a big positive surprise in the private sector job market: December saw growth of 215K jobs, much higher than the 149K expected. In addition, November’s...

3Jan2013 | | Comments Off on (ADP) January 3: Jobs Data Beats Estimates – Economic Highlights | Continued

(FISV) Fiserv Remains Neutral

We remain Neutral on Fiserv Inc. (FISV) primarily due to a volatile macroeconomic environment. The company is very much susceptible to inflation, which would impact costs. The continued consolidation within the banking and financial...

1Jan2013 | | Comments Off on (FISV) Fiserv Remains Neutral | Continued

(CTSH) Cognizant Technology Solutions Beats The Street in Third Quarter

Leading information technology services provider Cognizant Technology Solutions Corporation (CTSH) posted a net income of $276.9 million or 91 cents per share in the third quarter of 2012, which compared favorably with a net income...

20Nov2012 | | Comments Off on (CTSH) Cognizant Technology Solutions Beats The Street in Third Quarter | Continued

(FISV) Fiserv’s Solution for AT&T

Recently, Fiserv, Inc. (FISV) entered into a multi-year, sole provider contract with AT&T, Inc. (T). Per the agreement, the company will be engaged in providing...

29Oct2012 | | Comments Off on (FISV) Fiserv’s Solution for AT&T | Continued

(FISV) Intracoastal Bank Selects Fiserv

Recently, Fiserv, Inc. (FISV) declared that its wide range of digital banking solution services have been adopted by Intracoastal Bank. The bank with $167 million in assets selected Fiserv given its highly developed platform with...

9Oct2012 | | Comments Off on (FISV) Intracoastal Bank Selects Fiserv | Continued

(PLUS) ePlus – Momentum – Zacks Rank Buy

Shares of ePlus Inc. (PLUS) gained significant momentum following its announcement of impressive first quarter 2013 results, which comfortably exceeded the Zacks Consensus Estimate. Moreover, ePlus authorized a 500K share repurchase...

2Oct2012 | | Comments Off on (PLUS) ePlus – Momentum – Zacks Rank Buy | Continued

(DOX) Amdocs Analyst Maintains Neutral on Shares

Amdocs Ltd. (DOX) posted mixed financial results for the third quarter of fiscal 2012, beating the Zacks Consensus Estimates. Management provided an improved financial outlook for the rest of fiscal 2012.

Amdocs offers a portfolio...

5Sep2012 | | Comments Off on (DOX) Amdocs Analyst Maintains Neutral on Shares | Continued

(FISV) Fiserv’s Cleartouch in High Demand

Fiserv, Inc. (FISV) recently declared that its latest account processing portal, Cleartouch has been adopted by six financial institutions. These institutions have selected Fiserv’s latest platform given its highly developed technology...

27Aug2012 | | Comments Off on (FISV) Fiserv’s Cleartouch in High Demand | Continued

(FISV) Fiserv Receives Contract Extension

Recently, Fiserv, Inc. (FISV) declared that BridgePortfolio, Inc., a Chicago-based Back Office Outsource Provider has extended its agreement with the company to deploy its Portfolio Management and Trading solutions platform. The tenure...

21Aug2012 | | Comments Off on (FISV) Fiserv Receives Contract Extension | Continued

(INFA) Company News for July 9, 2012 – Corporate Summary

•    Informatica Corporation (NASDAQ:INFA) plunged 27.6%, the highest in the past eleven years after it lowered its earnings forecast for the second quarter due to weak demand, primarily in Europe

•    Navistar International Corp....

9Jul2012 | | Comments Off on (INFA) Company News for July 9, 2012 – Corporate Summary | Continued

(ADP) Stock Market News for July 6, 2012 – Market News

Interest rate cuts in China and the Euro zone and monetary policy measures by The Bank of England were of no help to the US markets on Thursday. Investors’ fears of lingering global financial woes and a dismal domestic services sector reading dragged the benchmarks down. Separately, initial claims...

6Jul2012 | | Comments Off on (ADP) Stock Market News for July 6, 2012 – Market News | Continued

(ADP) Good News for U.S. Labor Market

Positive domestic data and the resumption of Europe-centric negative headlines will be pushing stocks in opposite directions today. France held an overall successful bond auction, though yields inched up a bit. But Euro-zone worries are getting focused on the region’s banks, which need to tap the...

9Jan2012 | | 0 comments | Continued

(ADP) Stock Market News for January 6, 2012 – Market News

A slew of better than expected economic reports helped the indices to close flat, after fresh eurozone worries weighed on the markets which opened lower. For the very first time this year, the Dow closed in the red, while the Nasdaq and the S&P 500 index registered small gains to end in the green.

The...

6Jan2012 | | 0 comments | Continued

(ADP) Jan 05: Better Than Expected – Initial Claims – Economic Highlights

Positive domestic data and the resumption of Europe-centered negative headlines will be pushing stocks in opposite directions today. France held an overall successful bond auction today, though yields inched up a bit. But Euro-zone worries are getting focused on the region’s banks who need to tap...

5Jan2012 | | 0 comments | Continued

(FISV) Fiserv Maintains Analyst Neutral Rating

We continue to maintain a sideline stance on Fiserv Inc. (FISV),and thereby keep our Neutral recommendation on the company.

Fiserv is a world leader in providing financial services to technology solutions which include E-commerce...

31Dec2011 | | 0 comments | Continued

(DOX) Amdocs Analyst Still Neutral

We reiterate our long-term Neutral recommendation on Amdocs Ltd. (DOX). The company’s fourth quarter of fiscal 2011 financial results met the Zacks Consensus Estimates.  Amdocs enjoys a strong portfolio of several industry-leading...

6Dec2011 | | 0 comments | Continued

(ADP) Automatic Data Processing Sees 110K Jobs Gained

The Automatic Data Processing (ADP) employment survey was stronger than expected in October. It shows that private sector employment rose by 110,000, above consensus expectations for a 100,000 increase. The September numbers were revised...

2Nov2011 | | 0 comments | Continued

(ADP) ADP Employment Survey Sees 91K Private Jobs Added

The Automatic Data Processing (ADP) employment survey was stronger than expected in September. It shows that private sector employment rose by 91,000, above consensus expectations for a 48,000 increase. The August numbers were revised...

6Oct2011 | | 0 comments | Continued

(ADP) Automatic Data Processing Reports ADP Survey Sees 91K Job Gains in August

The Automatic Data Processing (ADP) employment survey was slightly weaker than expected in August. It shows that private sector employment rose by 91,000, below consensus expectations for a 100,000 increase. The July numbers were also...

14Sep2011 | | 0 comments | Continued

(ADP) Stock Market News for September 6, 2011 – Market News

Government jobs data came in at its worst in 11 months, sending benchmarks on a downward spiral on Friday. With zero jobs being added, the markets also suffered their sixth weekly decline in seven weeks, and recessionary fears crept back to dampen sentiment. Additionally, banking giants were dealt...

6Sep2011 | | 0 comments | Continued

(ADP) Stock Market News for September 2, 2011 – Market News

Investors remained cautious ahead of crucial employment data and chose not to bet big bucks, while mixed economic reports and a plunge in banking stocks pushed the markets into the red for the first time in four days.

The Dow Jones Industrial Average (DJIA) inched down by a percent to settle...

2Sep2011 | | 0 comments | Continued

(DOX) Amdocs Analyst Remains Neutral on Shares

We reiterate our long-term Neutral recommendation on Amdocs Ltd. (DOX). Amdocs enjoys a strong portfolio of several industry-leading technology integration products for managed services and large transformational projects. The company...

1Sep2011 | | 0 comments | Continued

(ADP) Stock Market News for September 1, 2011 – Market News

Economic reports helped markets register modest gains on Wednesday, which was also the last day of one of the wildest months the benchmarks have experienced in their history. However, the Dow and S&P 500 recorded their steepest monthly fall since May 2010, even as indices extended their stay in...

1Sep2011 | | 0 comments | Continued

(ADP) Automatic Data Processing Sees Better than Expected Growth

The Automatic Data Processing (ADP) employment survey was much stronger than expected in June. It shows that private sector employment rose by 157,000, far above consensus expectations for a 60,000 increase. That marks a nice acceleration...

11Jul2011 | | 0 comments | Continued

(ADP) Stock Market News for July 11, 2011 – Market News

A lower-than-expected increase in non-farm payrolls dragged the markets lower on Friday, but gains made earlier during the week ensured a finish in the green for the benchmarks. The report comes at a time when investor confidence in the economic recovery was beginning to grow. Investor sentiment now...

11Jul2011 | | 0 comments | Continued

(ADP) Stock Market News for July 8, 2011 – Market News

On Thursday, positive jobs and retail reports lifted investor sentiment and subsequently boosted the benchmarks which edged closer to 2011 highs. Nonetheless, volumes remained tight as investors anxiously await crucial non-farm payroll data from the government.

The Dow Jones Industrial Average...

8Jul2011 | | 0 comments | Continued

(ADP) ADP Jobless Claims Set Table

Before the bell this morning, the ADP (ADP) payroll and jobless claims reports hit the headlines, prior to 2nd quarter earnings season beginning next week and tomorrow’s important Bureau of Labor Statistics (BLS) non-farm payroll...

7Jul2011 | | 0 comments | Continued

(CTSH) Cognizant Technologies Funds IT Program

Leading IT services provider Cognizant Technologies (CTSH) joined up with New-York based NPower, an organization which connects other non profit organizations to the best and most affordable IT through a range of managed services,...

5Jul2011 | | 0 comments | Continued

(FISV) Fiserv Strengthens Digital Payments

In an attempt to expand digital payments and channel strategies, Fiserv Inc. (FISV) entered into an agreement to acquire CashEdge Inc. for $465 million.

Headquartered in New York City and with offices in Silicon Valley and...

1Jul2011 | | 0 comments | Continued