NEW YORK, March 21, 2017 /PRNewswire/ --
Featured today on Stock-Callers.com are four Technical and System Software equities, which are: Infosys Ltd (NYSE: INFY), Autodesk Inc. (NASDAQ: ADSK), Mentor Graphics Corp. (NASDAQ: MENT), and VMware Inc. (NYSE: VMW). These companies are part of the Technology sector, which edged higher on Monday, March 20th, 2017, with shares of Tech companies in the S&P 500 adding about 0.1% in the afternoon. Learn more about these stocks by downloading their free research reports in PDF format at:
On Monday, shares in Bengaluru, India headquartered Infosys Ltd recorded a trading volume of 6.68 million shares. The stock ended the day at $15.51, climbing 1.11% from the last trading session. The Company's shares have advanced 3.47% in the past month, 4.23% in the previous three months, and 4.59% on an YTD basis. The stock is trading above its 50-day moving average by 5.23%. Furthermore, shares of Infosys, which together with its subsidiaries, provides consulting, technology, and outsourcing services in North America, Europe, India, and internationally, have a Relative Strength Index (RSI) of 57.33.
On March 03rd, 2017, research firm Goldman initiated a 'Sell' rating on the Company's stock.
On March 15th, 2017, Infosys announced that Gartner, Inc. has positioned Infosys as a 'Leader' in its Magic Quadrant for Oracle Application Services in Europe, the Middle East and Africa (EMEA), and North America. The report evaluated 16 vendors in EMEA and 20 in North America for the full-life cycle of Oracle application services, spanning project-based implementations and multiyear application management services. Infosys was positioned highest for its ability to execute in EMEA. Sign up and read the free research report on INFY at:
San Rafael, California headquartered Autodesk Inc.'s stock rose 0.12%, finishing yesterday's session at $86.32 with a total trading volume of 1.19 million shares. The Company's shares have gained 1.39% in the last month, 9.38% over the previous three months, and 16.63% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.31% and 21.70%, respectively. Additionally, shares of Autodesk, which operates as a design software and services company worldwide, have an RSI of 54.05.
On March 02nd, 2017, Autodesk announced that new model subscriptions increased 227,000 from Q3 FY17 to 1.09 million in Q4 FY17. The Company's total subscriptions had increased by 154,000 from Q3 FY17 to 3.11 million at the end of Q4 FY17. Autodesk's Q4 FY17 revenue was $479 million, a decrease of 26% on a y-o-y basis. The Company's GAAP diluted net loss per share was $(0.77) compared to GAAP diluted net loss per share was $(0.17) in Q4 FY16.
On March 03rd, 2017, research firm Wedbush reiterated its 'Neutral' rating on the Company's stock with a decrease of the target price from $80 a share to $78 a share. The complimentary research report on ADSK can be downloaded at:
Shares in Wilsonville, Oregon headquartered Mentor Graphics Corp. ended the session 0.11% lower at $37.20. The stock recorded a trading volume of 626,186 shares. The Company's shares have gained 0.96% in the last one month, 1.73% over the last three months, and 0.99% in the previous year. The stock is trading 0.70% above its 50-day moving average and 26.72% above its 200-day moving average. Moreover, shares of Mentor Graphics, which provides electronic design automation software and hardware solutions to design, analyze, and test electro-mechanical systems, electronic hardware, and embedded systems software worldwide, have an RSI of 70.10.
On March 20th, 2017, Mentor Graphics announced that a panel of judges for the Court of Appeals for the Federal Circuit has, in a precedential opinion, unanimously upheld a lower court's ruling that Synopsys, Inc. infringed US Patent No. 6,240,376 for emulation technology developed by Mentor Graphics. The Court has also upheld a permanent injunction barring sales of infringing products. Register for free on Stock-Callers.com and access the latest report on MENT at:
At the closing bell on Monday, Palo Alto, California headquartered VMware Inc.'s stock gained 0.01%, finishing at $92.61. A total volume of 1.20 million shares was traded. The Company's shares have advanced 1.83% in the last month, 12.15% over the previous three months, and 17.63% on an YTD basis. The stock is trading 5.67% and 21.77% above its 50-day and 200-day moving averages, respectively. Additionally, shares of VMware, which provides virtualization and cloud infrastructure solutions in the US and internationally, have an RSI of 70.85.
On March 14th, 2017, VMware introduced updates to the industry-leading VMware Workspace ONE solution. The Workspace ONE solution integrates application and access management, unified endpoint management and virtual application delivery to help organizations evolve silo-ed cloud and mobile investments, enabling all employees, devices and things across the organization to accelerate their digital transformation journey with a platform-based approach. Get free access to your research report on VMW 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@example.com. 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:
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