NEW YORK, August 10, 2016 /PRNewswire/ --
In today's pre-market research, Stock-Callers.com's focus is shifted on Business Software and Services, or software-driven activities such as productivity, enterprise information management, security, and customer relationship management. Stocks in review are Microsoft Corp. (NASDAQ: MSFT), Cognizant Technology Solutions Corp. (NASDAQ: CTSH), CA Inc. (NASDAQ: CA), and Iron Mountain Inc. (NYSE: IRM). Learn more about these stocks by downloading their free research reports in PDF format at:
Redmond, Washington headquartered Microsoft Corp.'s shares rose 0.24% and finished Tuesday's trading session at $58.20. A total volume of 16.89 million shares was traded. In the last month and the previous three months, the stock has advanced 10.67% and 14.87%, respectively. Additionally, the Company's shares have gained 6.39% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 9.76% and 10.58%, respectively. Moreover, shares of Microsoft, which develops, licenses, and supports software products, services, and devices worldwide, have a Relative Strength Index (RSI) of 74.89.
On July 20th, 2016, research firm Wunderlich reiterated its 'Hold' rating on the Company's stock while it increased the target price of the stock from $55 a share to $60 a share.
As per notes filed with the SEC, on August 01st, 2016, Microsoft entered into an underwriting agreement for the issuance and sale of $2,500,000,000 aggregate principal amount of the Company's 1.100% Notes due 2019, $2,750,000,000 aggregate principal amount of the Company's 1.550% Notes due 2021, $1,500,000,000 aggregate principal amount of the Company's 2.000% Notes due 2023, $4,000,000,000 aggregate principal amount of the Company's 2.400% Notes due 2026, $2,250,000,000 aggregate principal amount of the Company's 3.450% Notes due 2036, $4,500,000,000 aggregate principal amount of the Company's 3.700% Notes due 2046 and $2,250,000,000 aggregate principal amount of the Company's 3.950% Notes due 2056. Sign up and read the free research report on MSFT at:
Cognizant Technology Solutions
On Tuesday, shares in Teaneck, New Jersey headquartered Cognizant Technology Solutions Corp. recorded a trading volume of 4.35 million shares, which was above their three months average volume of 4.04 million shares. The stock ended the session 1.10% lower at $57.67. The Company's shares are trading 2.29% below their 50-day moving average. Furthermore, shares of Cognizant Technology Solutions, which provides information technology, consulting, and business process services worldwide, have an RSI of 45.18.
On August 5th, 2016, the company reported that revenue was $3.37 billion for Q2 2016, up 9.2% from $3.09 billion in Q2 2015. GAAP net income was $252.4 million, or $0.41 per diluted share, compared to $420.1 million, or $0.68 per diluted share, in Q2 2015.
On August 08th, 2016, research firm Needham reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $70 a share to $68 a share. The complimentary research report on CTSH can be downloaded at:
Shares in New York headquartered CA Inc. closed the day at $34.03, climbing 0.47%. The stock recorded a trading volume of 1.32 million shares. The Company's shares have gained 13.80% in the previous three months and 21.23% on an YTD basis. The stock is trading 2.05% and 14.39% above its 50-day and 200-day moving averages, respectively. Additionally, shares of CA Inc., which provides information technology (IT) management software and solutions that help organizations plan, develop, manage, and secure applications and IT infrastructure in the US and internationally, have an RSI of 51.36.
On July 15th, 2016, research firm Barclays downgraded the Company's stock rating from 'Overweight' to 'Equal Weight'. The research firm also revised upwards its previous target price from $33 to $35.
On August 3rd, 2016, CA Inc. announced that its Board of Directors has declared a regular, quarterly cash dividend of $0.255 per share of common stock. The dividend will be paid on September 13th to stockholders of record at the close of business on August 25th, 2016. Register for free on Stock-Callers.com and access the latest report on CA at:
At the closing bell yesterday, shares in Boston, Massachusetts headquartered Iron Mountain Inc. ended 0.05% lower at $36.77. A total volume of 2.02 million shares was traded, which was above their three months average volume of 1.99 million shares. The stock has advanced 40.23% since the start of this year. The Company's shares are trading above their 200-day moving average by 14.67%. Furthermore, shares of Iron Mountain, which together with its subsidiaries, provides storage and information management services in North America, Europe, Latin America, and the Asia Pacific, have an RSI of 27.91.
On August 2nd, 2016, Iron Mountain announced a deal to acquire the information management operations of Santa Fe Group A/S, in 10 regions in both Europe and Asia for approximately €27 million (approximately $30.2 M). Get free access to your research report on IRM at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA