NEW YORK, October 28, 2016 /PRNewswire/ --
Technical and System Software firms design, develop, manufacture, and market technical and system software such as assemblers, compilers, file management tools, system utilities, and debuggers. Pre-market, Stock-Callers.com has on its radar the following equities: Nutanix Inc. (NASDAQ: NTNX), Infosys Ltd (NYSE: INFY), VMware Inc. (NYSE: VMW), and Hortonworks Inc. (NASDAQ: HDP). You can access of our complimentary research reports on these stocks now at: http://stock-callers.com/registration
Shares in San Jose, California headquartered Nutanix Inc. ended Thursday's session at $27.43, which was a drop of 4.62%. The stock recorded a trading volume of 2.68 million shares. Shares of the Company, which together with its subsidiaries, provides enterprise cloud platform solutions that converge traditional silos of server, virtualization, and storage into one integrated solution, are trading 17.86% below their 50-day moving average.
On October 25th, 2016, research firm Stifel initiated a 'Hold' rating on the Company's stock, issuing a target price of $35 per share.
On October 26th, 2016, Nutanix announced that Cardinal Innovations Healthcare has standardized its infrastructure on the Nutanix enterprise cloud platform and has already eliminated $60,000 in VMware licensing fees using AHV. As the largest specialty health plan in the US, Cardinal Innovations Healthcare will now service its 720,000 members through an IT infrastructure based on hybrid and all-flash systems from Nutanix. Visit us today and download your complete report on NTNX for free at: http://stock-callers.com/registration/?symbol=NTNX
Bengaluru, India headquartered Infosys Ltd's stock declined 1.66%, closing the day at $15.36 with a total trading volume of 2.61 million shares. Shares of the Company, which together with its subsidiaries, provides consulting, technology, and outsourcing services in North America, Europe, India, and internationally, are trading 3.00% below their 50-day moving average. The stock has a Relative Strength Index (RSI) of 42.88.
On October 18th, 2016, EdgeVerve Systems, a wholly owned product subsidiary of Infosys, Emirates NBD, the leading banking group in Middle East and ICICI Bank Limited, India's largest private sector bank by consolidated assets, announced the pilot launch of blockchain network for international remittances and trade finance. Both, Emirates NBD and ICICI Bank run Finacle solutions suite and have leveraged the blockchain framework to route business transaction between the two entities for remittances and trade finance business. The complimentary research report on INFY can be accessed at: http://stock-callers.com/registration/?symbol=INFY
On Thursday, shares in Palo Alto, California headquartered VMware Inc. recorded a trading volume of 7.12 million shares, which was higher than their three months average volume of 2.33 million shares. The stock ended the day 3.36% higher at $75.77. The Company's shares have gained 2.60% in the past month, 3.82% in the previous three months, and 33.94% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.23% and 24.73%, respectively. Furthermore, shares of VMware, which provides virtualization and cloud infrastructure solutions in the US and internationally, have an RSI of 64.01.
On October 25th, 2016, VMware announced a new integration between VMware's VMware Secure Digital Backpack for Education, powered by VMware Workspace™ ONE™, and Colleague® by Ellucian. This new VMware solution will help higher education IT professionals automate the delivery of a consistent and personalized digital workspace to every student for anytime, anywhere, any device access throughout their entire time at school.
Yesterday, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'. Register for free on Stock-Callers.com and download the PDF research report on VMW at: http://stock-callers.com/registration/?symbol=VMW
Santa Clara, California headquartered Hortonworks Inc.'s stock climbed 1.97%, finishing yesterday's session at $7.76 and with a total trading volume of 477,472 shares. Shares of the Company, which focuses on the development, distribution, and support of Hadoop open source project in the US and internationally, are trading below their 50-day moving average by 1.80%. The stock has an RSI of 50.08.
On October 13th, 2016, research firm Goldman downgraded the Company's stock rating from 'Buy' to 'Sell'.
On October 27th, 2016, Hortonworks announced that Lenovo Group Ltd. (Lenovo), a multinational technology company, is using Hortonworks Data Platform (HDP®) to manage its robust big data analytics platform, as well as Hortonworks Professional Services to provide expert global support. Get free access to your research report on HDP at: http://stock-callers.com/registration/?symbol=HDP
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 firstname.lastname@example.org. 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 http://stock-callers.com/legal-disclaimer/
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:
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