Security Software & Services

(CHKP) Check Point Software Technologies Initiated at Neutral

We are initiating coverage on Check Point Software Technologies Ltd. (CHKP) with a Neutral recommendation and a target price of $56.00.

Tel Aviv, Israel-based Check Point was founded in 1993 and entered...

3Jan2012 | | 0 comments | Continued

(CHKP) Check Point Software Technologies 2011 First Quarter Earnings Preview

Check Point Software Technologies (CHKP) is scheduled to announce its first quarter 2011 results on April 14, 2011, before market opens and we see limited revisions in analyst estimates at this point.

Fourth...

12Apr2011 | | 0 comments | Continued

(NOVL) Novell to be Acquired by Attachmate

Acquisition Details

Enterprise software developer, Novell Inc. (NOVL) announced that it will be acquired by Attachmate Corporation, a software company supported by private equity firms...

20Dec2010 | | 0 comments | Continued

(MFE) McAfee Third Quarter 2010 Earnings Deliver Mixed Numbers

McAfee Inc. (MFE) reported third-quarter 2010 earnings per share of 46 cents, below the Zacks Consensus Estimate of 51 cents, while revenue of $523.0 million exceeded the Zacks Consensus Estimate of $514.0...

1Nov2010 | | 0 comments | Continued

(NOVL) Novell in Discussions With VMware on its Linux OS Business

Enterprise software developer, Novell Inc. (NOVL) is in discussions with the virtualization infrastructure software solutions provider VMware Inc. (

20Sep2010 | | 0 comments | Continued

(NOVL) Novell Announces Cloud Manager

Enterprise software developer Novell Inc. (NOVL) announced the launch of Novell Cloud Manager. This new solution enables users to create and manage cloud computing environment more efficiently...

14Sep2010 | | 0 comments | Continued

(NOVL) Novell Reports Third Quarter Earnings In Line – Revenue Slips

Enterprise software developer, Novell Inc. (NOVL) reported third quarter 2010 earnings of 5 cents, in line with both the Zacks Consensus Estimate and the year-ago quarter. Earnings include...

29Aug2010 | | 0 comments | Continued

(MFE) McAfee Incorporated – Bear of the Day

McAfee Inc. (MFE) is one of the leading players in the information technology security industry.

The company delivered decent second-quarter results, although revenue was below our expectation. The...

16Aug2010 | | 0 comments | Continued

(NOVL) Novell Lowers Third Quarter 2010 Revenues

A leading technology software company, Novell Inc. (NOVL) lowered its third quarter 2010 revenues and operating margin guidance, previously given out during the second quarter earnings call.

Novell...

11Aug2010 | | 0 comments | Continued

(MFE) McAfee Meets The Street Consensus

McAfee Inc. (MFE) reported second-quarter 2010 earnings per share of 46 cents, in line with the Zacks Consensus Estimate, while revenue of $489.2 million was below the Zacks consensus estimate of $507.0 million.

Revenue

McAfee...

1Aug2010 | | 0 comments | Continued

(MFE) McAfee Dominant in USB Device OEM

Internet security company McAfee Inc. (MFE) has announced that it is now the dominant original equipment manufacturer (OEM) for universal serial bus (USB) devices, with two-thirds of manufacturers across the...

8Jul2010 | | 0 comments | Continued

(MFE) McAfee’s New Web Protection Solution Enhances Web Security

Internet security company McAfee Inc. (MFE) has announced the worldwide availability of its new Software-as-a-Service (SaaS) Web Protection solution.

The new cloud-based security solution is powered...

30Jun2010 | | 0 comments | Continued

(MFE) McAfee Quarterly Reports Revenue Up – Profit Tumbles

McAfee Inc. (MFE) reported first quarter 2010 earnings per share of 41 cents, below the Zacks Consensus Estimate of 50 cents per share.

Revenue

McAfee Inc. reported first quarter...

3May2010 | | 0 comments | Continued

(NOVL) Novell Stands Fast After Buyout Offer

Enterprise software maker, Novell, Inc. (NOVL) announced that its Board of Directors have rejected the unsolicited buyout offer of $2 billion or $5.75 per share in cash from Elliott Associates, L.P., the...

23Mar2010 | | 0 comments | Continued

(NOVL) Enterprise Software Novell Receives Buyout Offer (revised)

Enterprise software marker and leading technology company Novell, Inc. (NOVL) announced that it has received a buyout offer from Elliott Associates, L.P., the largest institutional stockholder of Novell,...

4Mar2010 | | 0 comments | Continued

(NOVL) Novell To Be Acquired By Its Largest Shareholder, Elliott

Enterprise software marker and leading technology company Novell, Inc. (NOVL) announced that it has received a buyout offer from Elliott Associates, L.P., the largest institutional stockholder of Novell,...

4Mar2010 | | 0 comments | Continued

(MFE) McAfee Analyst Initiates Coverage at Neutral

We are initiating coverage on McAfee Inc. (MFE) with a Neutral rating and a price target of $42.00. We believe McAfee is fairly valued at its current P/E multiple of 17.0X our 2010 EPS estimate of $2.34,...

3Mar2010 | | 0 comments | Continued

(NOVL) Novell Revenue Falls – Earnings Per Share Exceeds The Street

Novell, Inc. (NOVL) – a leading technology software company – reported first-quarter earnings of 7 cents that beat the Zacks Consensus Estimates by a penny.

However, quarterly revenue of $202 million...

28Feb2010 | | 0 comments | Continued

(ASIA) Asiainfo Holdings Incorporated – Margins Improve to 15%

Asiainfo Holdings, Inc. (ASIA) is pressuring a long-term up trend line that has been supporting prices for the last 10 months after reporting better than expected Q4 results on Jan 28.

Fourth-Quarter...

1Feb2010 | | 0 comments | Continued

(ASIA) AsiaInfo Holdings Incorporated – Earnings Estimates Up On Good Quarter

AsiaInfo Holdings, Inc. (ASIA) continues to trade neat its 52-week and all-time high at $32.45 on strong Q3 earnings and rising estimates.

Company Description

AsiaInfo...

12Jan2010 | | 0 comments | Continued

(MFE) McAfee’s Issues 2010 Cybercrime Threat Predictions

In a recent press release, McAfee Inc. (MFE) disclosed its 2010 Threat Predictions report. In this report the cyber security major stated that, it expects cybercriminals to target social networking sites and...

31Dec2009 | | 0 comments | Continued

(NOVL) Novell Completes Business Unit Reorganization

Novell Inc. (NOVL), a leading technology software company, announced consolidation of its 4 business units into 2 to better streamline its business and focus on core operations.

The company’s Identity...

17Dec2009 | | 0 comments | Continued

(NOVL) Novell’s Earnings Beat Expectations

A leading technology software company, Novell, Inc. (NOVL) reported fourth-quarter earnings that beat the Zacks Consensus Estimates. Although revenue declined, earnings were up from the year-ago period.

Excluding...

4Dec2009 | | 0 comments | Continued

(NOVL) Earnings Preview: Novell

A leading technology software company, Novell Inc. (NOVL) is set to announce its fourth quarter results soon. According to the Zacks Consensus estimates, earnings are expected to be 6 cents a share.

Novell...

3Dec2009 | | 0 comments | Continued

(NOVL) Novell Reports Mixed Results

Novell, Inc. (NOVL), a leading technology software company reported mixed third quarter results with revenue slightly below expectations and adjusted EPS marginally over.

Revenue of $216.1 million in the quarter decreased 11.9% from the year-ago period...

28Aug2009 | | 0 comments | Continued

(CHKP) Check Point Software Technologies Limited – Value – Zacks Rank Buy

Check Point Software Technologies Limited (CHKP), the Internet security manufacturer, recently surprised on first-quarter estimates by 7.69% as revenue rose 2%. It was the third surprise out of the last four quarters. CHKP has a forward P/E of 12.96.

Company...

30Apr2009 | | 0 comments | Continued

(ASIA) AsiaInfo Holdings, Inc. – Momentum – Zacks Rank Buy

AsiaInfo Holdings, Inc. (ASIA) is rallying in respone to another strong quarter and a bullish earnings projection.

Company Description

AsiaInfo Holdings, Inc. provides telecom software solutions and...

1Apr2009 | | 0 comments | Continued