TechCrunch submits:
By Leena Rao
IT software giant CA (CA) is acquiring cloud computing startup 3Tera. Terms of the deal were not disclosed. 3Tera’s product, AppLogic, helps enterprises build and deploy cloud-bases applications both to public and private clouds.
Marco Hickey submits:
With the U.S. markets selling off sharply Tuesday, there were 10 stocks fighting the trend and on higher than usual volume. If this is your first time reading one of my breakout reports you’ll want to read the section below, however if you are familiar with my daily breakout report you should skip ahead to the list of stocks and option strategy below it.
To reiterate previous blog posts like this, the first thing I do is scan the list for familiar names, such as stocks I am quite familiar with or ones which have appeared on similar scans multiple times in the past week or two (most of these names are unfamiliar so it saves a lot of time). This indicates there may be some real momentum behind the stock, and that it could trade higher in following sessions as well. Then (if and when any of the stocks I find are familiar to me), I make sure the stock has options available to trade, and then take a look at the chart(s) to see if I can structure a potential option trade. The list in this post includes 10 stocks, all of which traded higher on heavier volume Tuesday February 23, 2010. However I will only be writing about one stock in detail which I’ll be adding to my watch list, and outline an option trade I may look at opening in the near future.
Jett Winter submits:
Salesforce.com (CRM) is scheduled to release Q4 earnings this Wednesday February 24th, after the market close (see transcript here upon availability).
Average analyst estimates for the SaaS leader are $.15/share in EPS and $342.18 million in revenue. Thirty analysts track the stock with no upward EPS revisions in the last 30 days and one downward EPS revision in the last 30 days.
Paul Price submits:
|
Year
|
Sales($Billions)
|
Earnings
|
Dividends
|
Book Value
|
Avg. P/E
|
|
2002
|
1.366
|
0.01
|
0.03
|
7.55
|
NMF
|
|
2003
|
1.331
|
0.48
|
0.08
|
9.41
|
27.5x
|
|
2004
|
1.699
|
0.55
|
0.08
|
10.43
|
27.5x
|
|
2005
|
2.012
|
0.73
|
0.14
|
11.69
|
33.5x
|
|
2006
|
2.522
|
1.27
|
0.31
|
12.39
|
24.0x
|
|
2007
|
3.308
|
1.35
|
0.58
|
13.88
|
32.5x
|
|
2008
|
4.787
|
3.11
|
0.79
|
13.55
|
13.5x
|
|
2009
|
4.310
|
4.11
|
1.02
|
16.62
|
10.5x
|
Zacks.com submits:
OGE Energy Corporation (OGE) reported fourth quarter earnings per share (EPS) of 35 cents, topping the Zacks Consensus Estimate of 30 cents and the year-ago quarterly EPS of 23 cents. The uptrend was reflected in fiscal 2009 results as well where the EPS of $2.66 comfortably beat the fiscal 2008 EPS of $2.49.
Estimate Revisions Trend
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