-
Oracle's Discipline Pays Off As NetSuite Deal Succeeds
Monday, November 7, 2016 - 12:32pm | 321Read More...Oracle Corporation (NYSE: ORCL) overcame a large hurdle when it announced over the weekend it received sufficient shares tendered from NetSuite Inc (NYSE: N) investors to close the acquisition at a price of $109 per share. Ed Maguire of CLSA commented in a report that the acquisition represents...
-
Salesforce's Well-Structured Operations Taking A Back Seat In The Market's Mind To Twitter Talk
Wednesday, October 5, 2016 - 9:54am | 358Read More...Although salesforce.com, inc’s (NYSE: CRM) Analyst Day offered “a measured and insightful view into a well-structured operational strategy,” reports of a potential bid for Twitter Inc (NYSE: TWTR) “threw cold water on what had been warming investor sentiment." CLSA...
-
Software-As-A-Service Competition Heats Up For Microsoft
Tuesday, October 4, 2016 - 2:22pm | 484Read More...CLSA analyst Ed Maguire said Microsoft Corporation (NASDAQ: MSFT) faces heightened competition in Software-As-A-Service (SaaS) space from salesforce.com, inc. (NYSE: CRM) and Oracle Corporation (NYSE: ORCL) as the Windows OS maker is forging partnerships with Adobe Systems Incorporated (NASDAQ:...
-
CLSA Analysts Tip Their Hat To Red Hat Following Q2 Earnings
Thursday, September 22, 2016 - 12:30pm | 300Read More...CLSA analysts maintained their Buy rating on Red Hat Inc (NYSE: RHT) as the better-than-expected quarterly results indicate strong underlying momentum in the business. Second quarter EPS of $0.55 beat street estimates by a penny, while total revenues grew 19 percent to $600 million, topping...
-
Oracle's Legacy Business A Drag On Q1 Results
Friday, September 16, 2016 - 2:04pm | 320Read More...Shares of Oracle Corporation (NYSE: ORCL) were trading lower by more than 4 percent on Friday after the company reported its first-quarter results Thursday. According to Ed Maguire of CLSA, Oracle demonstrated improvements in its cloud SaaS and PaaS businesses but were yet again offset by declines...
-
Teradata Downgraded On Competition From RedShift And Hardoop By CLSA
Friday, July 15, 2016 - 9:55am | 262Read More...Teradata Corporation’s (NYSE: TDC) core business is likely to continue to be under pressure from open source and Data Warehouse as a Service [DWaaS] alternatives, CLSA’s Ed Maguire said in a report. He downgraded the rating on the company from Buy to Underperform, while reducing the...
-
Microsoft's Fundamentals Are 'Resilient' And Long-Term Strategy Is On Track
Tuesday, May 31, 2016 - 3:34pm | 610Read More...CLSA maintains its Outperform rating and $60 price target on Microsoft Corporation (NASDAQ: MSFT) saying that the company's "fundamentals are resilient and long-term strategy is on track. Shares of Microsoft, which makes the popular Windows OS, remain weak after it reported mixed results for its...
-
IBM 'Turnaround Year' Is Coming, Says CLSA Analyst
Wednesday, January 20, 2016 - 3:15pm | 251Read More...CLSA issued a company note on International Business Machines Corp. (NYSE: IBM) after a disappointing earnings announcement amid core business weakness seen in recent quarters. CLSA rates IBM as Outperform, while lowering the price target from $161 to $140. Analysts Louis Miscioscia, Ed Maguire...
-
Microsoft's Street Views Descending After Q3 Results
Thursday, April 23, 2015 - 1:56pm | 327Read More...A strong dollar and a weak market for personal computers may result in lower expectations for Microsoft Corporation (NASDAQ: MSFT) following its fiscal third-quarter earnings report after the bell Wednesday. "Consensus estimates clearly need to come down," according to Wells Fargo's...
-
Here's Why The Strong U.S. Dollar Is Hurting Microsoft
Monday, April 13, 2015 - 10:39am | 424Read More...CLSA Americas on Monday issued a company update on Microsoft Corporation (NASDAQ: MSFT) reducing earnings estimates due to the strong U.S. dollar. CLSA rates Microsoft as Outperform and lowered its price target from $51 to $50. Analysts Ed Maguire and Clarence Chen wrote, “We’re...
-
UPDATE: CLSA Upgrades Splunk
Thursday, April 3, 2014 - 3:17pm | 90Read More...Shares of Splunk (NASDAQ: SPLK) are down 6.4 percent to $66.50, despite being upgraded by CLSA from Underperform to Outperform. Analyst Ed Maguire views the 38 percent drop from the February high as a strategic entry point in a “strategic name.” According to Maguire, the slide has nothing to do...
-
UPDATE: CLSA Lowers PT on Teradata Corporation Following 3Q Shortfall, Lowered Guidance
Tuesday, October 15, 2013 - 10:31am | 124Read More...In a report published Tuesday, CLSA Americas analyst Ed Maguire reiterated a Buy rating on Teradata Corporation (NYSE: TDC), but lowered the price target from $77.00 to $63.00. In the report, CLSA Americas noted, “We're sticking with Teradata despite the preannounced 3Q shortfall and lower 2013...
-
CLSA's Managing Director Ed Maguire Sees Good Things For Microsoft (MSFT)
Tuesday, July 2, 2013 - 8:32am | 300Read More...CLSA managing director and senior analyst Ed Maguire was interviewed on CNBC's Squawk Box Tuesday morning where he discussed the future of Microsoft (NASDAQ: MSFT). Many expected Microsoft to transition into a device and service-based company, restructuring from a software company. But, with the...
