Longbow Research analyst Steve Koenig this morning cut his rating on Tibco (TIBX) to Neutral from Buy.
“Our downgrade stems from TIBX’s rapid achievement of our 12-month target price objectives, coupled with significant increases in consensus expectations for TIBX’s revenue and EPS performance following the company’s 3Q earnings report,” he writes [...]

Article courtesy of BARRONS.com: Tech Trader Daily

On a conference call with the Street this afternoon following its FY Q1 earnings report, ArcSight (ARST) CEO Tom Reilly declined to talk about the recent Wall Street Journal report which asserted that the security software company has put itself up for sale.
Here’s what he said:
Before reporting on our financial [...]

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While the next Apple (AAPL) earnings report is still almost two months away, the Street has begun thinking ahead – and estimates are starting their inevitable upward climb. Meanwhile, the stock has continued its recent sag. And talk continues to mount about a new version of Apple TV. Here’s a [...]

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ComScore (SCOR) shares are trading higher after the company’s Q2 earnings report this morning.
The Web-focused market research firm reported revenue of $42 million, up 16% sequentially and 34% year-over-year, and ahead of the Street at $39.6 million. Non-GAAP profits of 20 cents a share beat the Street by a penny, [...]

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Sanmina-SCI (SANM) shares are getting clobbered following the company’s disappointing Q2 earnings report after the close yesterday.
While revenue was just ahead of Street expectations at $1.63 billion, non-GAAP profits of 32 cents a share missed the Street by two cents a share. It was, as analysts noted this morning, a [...]

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Ceragon Networks (CRNT) shares are trading lower following the wireless backhaul equipment provider’s Q2 earnings report this morning.
For the quarter, the company posted revenue of $60.9 million and non-GAAP profits of 13 cents a share; the Street had been expecting $61.3 million and 11 cents.
The company said it expects revenue [...]

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Shares of Avid (AVID), which makes video-editing systems, are up sharply following the company’s Q2 earnings report, which on the face at least wasn’t all that impressive.
For the quarter, the company posted revenue of $162.2 million, and a non-GAAP loss of 15 cents a share; the Street had expected $163.9 [...]

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Texas Instruments (TXN) shares are trading lower following its Q2 earnings report last night – and for that, you can blame Nokia (NOK).
While EPS were in line with the Street at 52 cents a share, revenues at the chip maker were a hair below the Street, at $3.496 billion, versus [...]

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Apple (AAPL) shares are heading lower this morning as the Street positions for the company’s earnings report for its fiscal third quarter ended June 30, due tonight after the close of trading. While many investors expect the usual beat – and cautious guidance – there are some who worry that [...]

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Kaufman Bros. analyst Karl Keirstead this morning picked up coverage of IBM (IBM) with a Hold rating and $135 price target ahead of the company’s earnings report on Monday.
The bull case on the stock, he notes in a research report, is that the stock at 10-11x 2011 GAAP EPS seems [...]

Article courtesy of BARRONS.com: Tech Trader Daily