Posts Tagged ‘Tibco’

TIBCO Software Reaches New 52-Week High

April 26th, 2011

TIBCO Software hit a new 52-week high Monday as it is currently trading at $29.87, above its previous 52-week high of $29.85 with 1.6 million shares traded as of 3:32 p.m. ET. Average volume has been 2.5 million shares over the past 30 days.

TIBCO Software has a market cap of $4.9 billion and is part of the technology sector and computer software & services industry. Shares are up 44.9% year to date as of the close of trading on Thursday.

Tibco Software Inc. provides middleware and infrastructure software worldwide. It offers its products in the areas of service-oriented architecture (SOA), business optimization, and business process management (BPM). The company has a P/E ratio of 60.8, equal to the average computer software & services industry P/E ratio and above the S&P 500 P/E ratio of 16.7.

Practice your TIBX trading strategies and win cash in our stock game.
TheStreet Ratings rates TIBCO Software as a buy. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

Source:http://www.thestreet.com/story/11092928/1/tibco-software-reaches-new-52-week-high-tibx.html

TIBCO Software (TIBX) Trading Near $19.31 Support Level

December 29th, 2010

TIBCO Software Inc (NASDAQ: TIBX) closed Tuesday’s trading session at $19.72. In the past year, the stock has hit a 52-week low of $8.83 and 52-week high of $22.08. TIBCO Software stock has been showing support around $19.31 and resistance in the $20.21 range. Technical indicators for the stock are Neutral and S&P gives TIBX a positive 4 STARS (out of 5) buy rating. For a hedged play on this stock, look at the May ‘11 $19.00 covered call for a net debit in the $17.57 area. That is also the break-even stock price for this trade.

This covered call has a duration of 143 days, provides 10.90% downside protection and an assigned return rate of 8.14% for an annualized return rate of 20.77% (for comparison purposes only).

Source:-http://www.marketintelligencecenter.com/analyfav/1240993

TIBCO Software Announces $300 Million Share Repurchase Program

December 21st, 2010

TIBCO Software Inc. (NASDAQ: TIBX) today announced that its Board of Directors has authorized a new share repurchase program pursuant to which the company may repurchase up to $300 million of its outstanding common stock. This program replaces the company’s previous $300 million share repurchase program, under which approximately $159 million was still remaining.
The repurchases under the program will be made in open market or privately negotiated transactions. The manner, timing and amount of any repurchases will be determined by the company based on an evaluation of market conditions, stock price and other factors. The program does not obligate TIBCO to acquire any particular amount of common stock, and it may be modified or suspended at any time at TIBCO’s discretion.

Source:-http://www.marketwire.com/press-release/TIBCO-Software-Grows-Total-Revenue-by-23-Over-Q4-2009-NASDAQ-TIBX-1372648.htm

TIBCO Software: 52-week high recently eclipsed

October 26th, 2010

Shares of TIBCO Software (TIBX) traded near a new 52-week high yesterday of $19.48. Approximately 3.8 million shares traded hands yesterday vs. average 30-day volume of 4.2 million shares.

TIBCO Software closed at $19.28, approximately 2.9% above its previous closing price. SmarTrend will be monitoring shares of TIBX to see if it can push through this barrier.

SmarTrend is bullish on shares of TIBCO Software and our subscribers were alerted to Buy on December 23, 2009 at $9.69. The stock has risen 99.1% since the alert was issued.

Source:http://www.investors.com/NewsAndAnalysis/Newsfeed/Article/120941926/201010260140/TIBCO-Software-52-Week-High-Recently-Eclipsed-TIBX-.aspx

Block Activity Alert for Tibco Software

October 23rd, 2010

Block trades help investors understand the sentiment of large financial institutions. A total of 16 block trades were executed yesterday, typically at least 10,000 shares or more represent a single block unit. Further analysis into yesterdays’s trading activity reveals that 225,286 shares were bought and 188,401 shares were sold. The Bought/Sold ratio for shares of Tibco Software is 1.20, representing a positive net cash flow of $677,083 into the stock.

Analysts use the buying and selling activities of major investors to measure market health and stock value. If an institutional investor orders a block trade, other smaller investors may follow suit in an attempt to ride the wave of interest.

Tibco Software is trading at $18.74, up $0.75 (+4.17%) in yesterday’s trading session. The daily low is $17.99 and the high is $18.76. The trading volume of 2,506,181 is below the average volume of 3,343,540 shares. TIBX is trading above the 50 day moving average and higher than the 200 day moving average.

Source:http://www.marketintellisearch.com/articles/1066385.html

TIBCO and trillium software enter into agreement to enhance mission-critical enterprise data quality

October 18th, 2010

TIBCO Software Inc. today announced that it has entered into an agreement with Harte-Hanks Trillium Software(R) to help organizations eliminate information quality errors, become efficient in their business activities, and accelerate critical processes such as a new product launch, vendor on-boarding or customer cross-sell/up-sell.

Combining TIBCO’s master data management (MDM) software with Trillium Software’s information quality solution provides customers with the rigorous data quality and data profiling capabilities needed to solve their complex master data quality challenges. This joint platform will ensure that most any type of reference data being used, whether it’s related to customers, securities, products, equipment, or partners, is presented accurately throughout all systems.

The newly combined technology platform delivers a comprehensive, integrated solution that can enable enterprises to:

– reduce costs through automation, efficiency, and information accuracy,
as well as increase revenue through improved cross-sell, up-sell,
targeting, and service;

– modernize their businesses and optimize overall performance and
results by dramatically improving and verifying the critical data
flowing through key business processes and transactions; and

– accelerate time-to-market and time-to-shelf for product introductions,
resulting in increased market share and higher margins.

Supporting Quote “The combination of TIBCO’s leading edge master data management and workflow tools with Trillium’s state-of-the art data quality software platform creates a powerful, elegant set of tools for master data management,” said John E. Collins, Chief Information Officer at Digi-Key Corporation. “Our IT and business departments now have the advantage of cohesively working together to improve and manage the quality of our information.”

Source:http://www.marketwatch.com/story/tibco-and-trillium-software-enter-into-agreement-to-enhance-mission-critical-enterprise-data-quality-2010-10-18?reflink=MW_news_stmp

Traders ride the bull in Tibco software as call volume surges

October 12th, 2010

Shares of TIBCO Software (NASDAQ:TIBX) are trading 0.6% higher today, recently trading at $17.68. The stock has been drifting lower over the past ten trading days but is currently trading in a technical uptrend.

The call volume today was 5,042 contracts, which is 3x the average daily volume of 1,538. Usually high call volume is an indicator that many investors are looking for higher prices in the near future.

SmarTrend is bullish on shares of TIBCO Software and our subscribers were alerted to buy on December 23, 2009 at $9.69. The stock has risen 82.5% since the alert was issued.

Source:-http://www.zacks.com/research/get_news.php?id=284l1399

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