Welcome!

News Feed Item

Information Technology Stocks Pre-Market Notes: Vringo, Cadence Design Systems, Adobe Systems, and Nuance Communications

Editor Note: For more information about this release, please scroll to bottom.

LONDON, March 14, 2014 /PRNewswire/ --

On Thursday, March 13, 2014, the NASDAQ Composite ended at 4,260.42, down 1.46%, the Dow Jones Industrial Average fell 1.41% to 16,108.89, and the S&P 500 closed at 1,846.34, down 1.17%. The losses were broad based as nine out of ten sectors ended the session in negative. The S&P 500 Information Technology Sector Index finished the day at 588.16, down 1.56%, while the same has gained 5.71% in the previous three months. Investor-Edge.com has initiated coverage on the following equities: Vringo Inc. (NASDAQ: VRNG), Cadence Design Systems Inc. (NASDAQ: CDNS), Adobe Systems Inc. (NASDAQ: ADBE), and Nuance Communications Inc. (NASDAQ: NUAN). Free research on these four companies can be accessed at:  

http://investor-edge.com/register

Vringo Inc.'s stock closed at $3.59 on Thursday, which is 2.71% lower than the previous day's closing price of $3.69. A total of 1.45 million shares were traded, which is below the three months average volumes of 3.27 million. The company's shares oscillated between $3.54 and $3.75 during the trading session. Vringo Inc.'s shares have rallied 18.87% in the previous three months and 21.28% on YTD basis. The stock is trading above its 200-day moving average. The company's 50-day moving average of $3.78 is above the 200-day moving average of $3.22. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 37.79. Sign up and read the free notes on VRNG at:

http://www.Investor-Edge.com/03142014/VRNG/report.pdf

Shares in Cadence Design Systems Inc. witnessed trading of 2.34 million shares on Thursday, as compared with a three month average volume of 3.10 million shares. The stock ended the day at $15.38, down 0.90% and at an intraday trading range of $15.24 and $15.58 during the session. The stock traded at a PE ratio of 27.38. Shares in Cadence Design Systems Inc. have advanced 5.56% in the last one month, 13.51% in the previous three months and 9.70% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. The company's 50-day moving average of $14.61 is above the 200-day moving average of $14.17. Additionally, shares of the company are trading at the Relative Strength Index (RSI) of 62.49. The complimentary notes on CDNS can be downloaded as in PDF format at:

http://www.Investor-Edge.com/03142014/CDNS/report.pdf

On Thursday, Adobe Systems Inc.'s stock declined 1.44% finishing the session at $67.08. The stock recorded a trading volume of 2.87 million shares as compared to a three months average volume of 3.78 million shares. The company's shares fluctuated between $66.63 and $68.83 during the session. Adobe Systems Inc.'s shares have gained 0.06% in the last one month and 10.17% in the previous three months and 12.03% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Adobe Systems Inc.'s 50-day moving average of $63.35 is above the 200-day moving average of $53.46. Moreover, shares of the company are trading at a PE ratio of 115.23 and at the Relative Strength Index (RSI) of 58.82. Register for free on Investor-Edge and access the latest research on ADBE at:

 http://www.Investor-Edge.com/03142014/ADBE/report.pdf

Shares in Nuance Communications Inc. recorded a trading volume of 3.99 million shares, as compared with a three month average volume of 4.85 million shares. The stock ended Thursday's session at $14.95, down 3.11% after vacillating between $14.92 and $15.50. Shares in Nuance Communications Inc. have gained 0.40% in the last one month, 5.06% in the previous three months, while the same has declined 1.64% on YTD basis. The company's shares are trading below its 50-day and 200-day moving averages. Nuance Communications Inc.'s 200-day moving average of $17.11 is above the 50-day moving average of $15.24. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 53.90. The complete research on NUAN is available for free at:

http://www.Investor-Edge.com/03142014/NUAN/report.pdf

About Investor-Edge.com

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

=============

EDITOR NOTES:

=============

  • This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  • Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  • This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  • If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] Investor-edge.com.
  • For any urgent concerns or inquiries, please contact us at compliance [at] Investor-edge.com.
  • Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] Investor-edge.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Investor-edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Investor-edge is 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 by Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge does 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.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Investor-Edge.com

SOURCE Investor-Edge

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, provided an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data professionals...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Onalytica. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
In an era of historic innovation fueled by unprecedented access to data and technology, the low cost and risk of entering new markets has leveled the playing field for business. Today, any ambitious innovator can easily introduce a new application or product that can reinvent business models and transform the client experience. In their Day 2 Keynote at 19th Cloud Expo, Mercer Rowe, IBM Vice President of Strategic Alliances, and Raejeanne Skillern, Intel Vice President of Data Center Group and G...
"We are a modern development application platform and we have a suite of products that allow you to application release automation, we do version control, and we do application life cycle management," explained Flint Brenton, CEO of CollabNet, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Information technology is an industry that has always experienced change, and the dramatic change sweeping across the industry today could not be truthfully described as the first time we've seen such widespread change impacting customer investments. However, the rate of the change, and the potential outcomes from today's digital transformation has the distinct potential to separate the industry into two camps: Organizations that see the change coming, embrace it, and successful leverage it; and...
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of Soli...
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...