Archive for July, 2011

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Join Enterprise 2.0 and Moxie Software’s Customer TEVA Pharmaceutical During Live Webinar

July 26th, 2011
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Moxie Software™, the social workspace, today announced Enterprise 2.0 will host a free, live, webinar on how TEVA Pharmaceutical employed social enterprise software to address a challenging business environment from shifting consumer demand and changing regulations to supply shortages. Like most organizations today, TEVA Pharmaceutical’s business had become unpredictable, but the company tackled critical issues by employing enterprise social software, leveraging one of its key benefits — “spontaneous association,” that allowed its employees the ability to come together quickly to solve specific problems.

Join this informative discussion with TEVA Pharmaceutical vice president of supply chain, Tony Martins; industry analyst Michael Fauscette, head of IDC’s Software Business Solutions Group; and Steve Wylie, general manager of the Enterprise 2.0 Conference, UBM TechWeb. Learn how TEVA Pharmaceutical reduced manufacturing cycle times, became more responsive to vendors and partners, and streamlined business processes through social enterprise software, dramatically increasing operational efficiencies.

Source:http://www.bradenton.com/2011/07/26/3373209/join-enterprise-20-and-moxie-softwares.html

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Walt Disney proposes to take India’s UTV Software private

July 26th, 2011
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Walt Disney Co , the largest shareholder in India’s UTV Software Communications Ltd , has proposed to buy most of the shares it does not already own in the company, which has a market value of $826 million, and delist them from all bourses.

The delisting will be at a price not exceeding Rs. 1,000 ($22.5) a share, UTV Software said, representing a maximum premium of 11% to the stock’s close on Monday.

Shares of Indian media company soared as much as 18% to Rs. 1,065, their highest in about three and a half years.

Entertainment conglomerate Walt Disney holds about 50.4% of the current paid-up equity share capital of the company.

The other major shareholders, who include the company’s chief executive Ronnie Screwvala, hold about 19.8%, which Walt Disney plans to buy after delisting at the same offer price.

“Walt Disney has always been interested in most of UTV’s business, especially the gaming part,” said a local analyst, who did not wish to be named, as he is not allowed to speak to the media. The deal will help the firm diversify and expand its presence in India, the analyst said.

UTV Software, which began as a television content company in 1990, now operates five segments — broadcasting, games, motion pictures, digital content and television content. The company has been aggressively growing its gaming segment over the past two years.

The company, which listed on the Mumbai bourses in 2005, had reported consolidated revenue of Rs. 947 crore and a profit of Rs. 138 crore in the fiscal year 2011 that ended March.

Screwvala will become the managing director of The Walt Disney Co India after UTV’s delisting. He was not immediately available for comment.

The Walt Disney Co India was launched in July 2004 with its head office in Mumbai. The company employs about 160 permanent employees and on its website it describes India as one the largest markets Disney has invested in for local production.

At 2:31 p.m. (0901 GMT), UTV shares were up 4% in a weak Mumbai market. The stock has gained 61.3% so far this year.

Source:http://www.livemint.com/2011/07/26103432/Walt-Disney-proposes-to-take-I.html

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Software Satisfaction Names Sage UK to Awards Shortlist

July 26th, 2011
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Payroll software specialists Sage UK have been shortlisted for the 2011 Software Satisfactions Awards Enterprise Payroll Software Award.

According to a release, the Software Satisfactions Awards are voted for by real customer reviews taken from the largest business software survey undertaken in the UK, with more than 10,200 responses overall. Voters were asked to rate satisfaction in four key business software purchase decision areas: reliability, functionality, value for money and ease of use.

Sage has had two of their payroll products shortlisted for the award: Sage 50 Payroll and Snowdrop KCS Payroll.

Catherine Sheldon, Digital PR Specialist at Sage, said, “To be nominated and placed on a platform with the top business software companies is a fantastic achievement for us and highlights the high quality service we strive to achieve and continue to provide for our customers.” The 2011 SSA shortlist can be found at softwaresatisfaction.co.uk/2011-shortlist and winners of the awards are due to be announced on Tuesday Oct. 18.

Sage (UK) Limited is a subsidiary of The Sage Group, a supplier of business management software solutions and related products and services.

Source:http://www.tmcnet.com/usubmit/2011/07/26/5660590.htm

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MotiveWave Software Introduces Auto Gartley Patterns

July 26th, 2011
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MotiveWave Software, an up-and-coming provider of charting analysis and trading software for the individual active trader, just introduced the addition of Auto Gartley Patterns to its MotiveWave trading platform.

MotiveWave is a charting analysis and trading platform that also offers Gartley, Elliott Wave, Fibonacci, and Gann trading strategies. With the release of MotiveWave’s Auto Gartley tools, the already advanced manual Gartley tools have been taken to the next level. In MotiveWave, you could always manually plot any of the 20 Gartley components plus all harmonic ratios, but now, with the Auto Gartley features, MotiveWave will automatically fill in the best Gartley or harmonic patterns for you.

The manual Gartley tools are still in MotiveWave for those who like to manually plot Gartley and harmonic patterns, and the new Auto Gartley tools, as with all components in MotiveWave, can still be moved or edited after they have been placed on the charts.

“MotiveWave’s charting and trading platform is very easy-to-use whether you’re a beginner, a market analyst or a professional discretionary trader,” said Tony Lindsay, Founder of MotiveWave Software. “With the addition of Auto Gartley, we believe it will make plotting Gartley and harmonic patterns even easier for our Gartley users,” added Lindsay.

Auto Gartley and manual Gartley tools are available in the MotiveWave Ultimate Edition and the 14-Day free trial, or as an add-on Gartley Module to the other MotiveWave Editions.

To get a full access 14-Day free trial of MotiveWave, including the Auto Gartley functionality, visit www.motivewave.com/free_trial.htm.

About MotiveWave Software
Founded in 2010, MotiveWave Software (www.MotiveWave.com) is quickly emerging as a leading developer of easy-to-use high-performance charting and trading software for the individual active trader. Built with the individual trader in mind, the company’s trading platform, MotiveWave, provides advanced charting and market analysis that enables traders to easily execute their trading decisions accurately and efficiently through its intuitive charts and trading screens and order management capabilities.

Source:http://www.1888pressrelease.com/motivewave-software-introduces-auto-gartley-patterns-pr-321347.html

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India Stock Movers: Sterlite Industries, UTV Software

July 26th, 2011
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Shares of the following companies had unusual moves in Indian trading. Stock symbols are in parentheses and prices are as of 9:37 a.m. local time.

India’s Bombay Stock Exchange’s Sensitive Index, or Sensex, rose 25.39 points, or 0.1 percent, to 18,896.68. The BSE200 Index added 0.2 percent to 2,344.60.

Sterlite Industries (India) Ltd. (STLT IN), the nation’s largest copper producer, advanced 1 percent to 174.55 rupees, headed for its highest close since May 11. The company reported a 62 percent jump in first-quarter profit, boosted by an increase in refining fees and base-metal prices, the unit of Vedanta Resources Plc said in a statement to BSE Ltd.

UTV Software Communications Ltd. (UTV) climbed 6.1 percent to 956 rupees, on course for its highest close since Dec. 13, 2007. The movie and television content maker said it plans to delist its shares from all stock exchanges. Walt Disney Co. will acquire 19.8 percent of UTV from its founders, the company said in an exchange filing. The company will buy back public shares at up to 1,000 rupees a share.

Source:http://www.bloomberg.com/news/2011-07-26/india-stock-movers-sterlite-industries-utv-software.html

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Supply chain software company looking to re-establish in NZ

July 26th, 2011
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Global supply chain software company Manhattan Associates is looking to expand its operation in New Zealand as part of its post-GFC recovery.

Two new appointments have been made in the company’s Melbourne office, Scott Gillies as director of retail for APAC and Archie Garcia as director of sales for ANZ.

“We’ve had a bit of a lull lately following the GFC,” Gillies told Techday, “but we’re now looking to try and re-establish positions in some new markets.”

Garcia says he is currently working with consultants here to learn more about which firms would make the best partners.

“We’re talking with a few consulting companies to find out who would be good,” Garcia says.

While nothing has been established yet, Garcia plans to visit New Zealand every two or three months, and the ultimate intention is to have a permanent representative here.

Manhattan’s software suite covers the entire supply chain, from warehouse and stock management to transport and labour optimisation.

Gillies joins the Australian team from the company’s headquarters in Atlanta, having worked for Manhattan for 13 years. Garcia was formerly southern region manager for Dematic’s Real Time Logistics Group, a position in which he says he had a lot of experience with New Zealand.

“My experience is New Zealanders tend to have an open mind and like to try new things,” Garcia says.

“The volume’s not as big but the challenges are the same.”

Source:http://www.techday.co.nz/itbrief/news/supply-chain-software-company-looking-to-re-e/20695/

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UTV Software board oks delisting, price to not exceed Rs 1,000/share

July 26th, 2011
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UTV Software Communications Ltd said on Tuesday its board has approved a proposal from promoter Walt Disney Company, South East Asia to delist shares of the firm from all stock exchanges, sending its shares up 18 percent.

The delisting will be at a price not exceeding Rs 1,000 a share and the offer will be made in accordance to the regulatory norms, it said in a statement.

Walt Disney holds 20.4 million shares or 50.44 percent of the current paid-up equity share capital of the company, while the remaining 19.82 percent is held by Rohinton Screwvala, Unilazer Exports and Management Consultants Ltd, Unilazer (Hong Kong) and Zarine Mehta.

UTV Software Communications, which the market values at $826.07 million, was 5.77 percent up at Rs 953.45 in a flat Mumbai market at 9.40 a.m.

Post-delisting, Walt Disney will acquire the 19.82 percent stake from the remaining promoters at the same price as discovered during the delisting offer, the company added.

Screwvala will also cease to be the employee of the company post-delisting and will become the Managing Director of TheWalt Disney Company India, responsible for overseeing the Indian businesses of the Disney Group.

Source:http://economictimes.indiatimes.com/markets/stocks/stocks-in-news/utv-software-board-oks-delisting-price-to-not-exceed-rs-1000/share/articleshow/9367869.cms

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