International Business Machines Corp. (NYSE:IBM) announced the opening of two new Mainframe Cloud Innovation Centers as it seeks to extend its commitment to delivering high capacity technology solutions to Africa. Located in Nairobi, Kenya and Johannesburg, South Africa, the labs will seek to provide clients, Business Partners and academic institutions with access to extended Big Data, Analytics, mobile and cloud computing technologies on the mainframe to help solve challenges across a broad spectrum of areas ranging from applied research to academic enablement. International Business Machines Corp. (NYSE:IBM) net profit margin is 19.10 % and weekly performance is -1.30%. On last trading day company shares ended up $186.46. Analysts mean target price for the company is $193.48. International Business Machines Corp. (NYSE:IBM) distance from 50-day simple moving average (SMA50) is -1.84%.
Fujitsu Limited (ADR) (OTCMKTS:FJTSY), the leading information and communication technology (ICT) company, announced the launch of the FUJITSU Storage ETERNUS DX200F, an all-Flash storage array that provides high-performance storage I/O for entry-level to Fortune 1000 enterprise customers. Fujitsu Limited (ADR) (OTCMKTS:FJTSY) shares fell -0.31% in last trading session and ended the day on $31.97 .
EMC Corporation (NYSE:EMC) has entered into an agreement to acquire DSSD, developer of a new technology in data storage. This data storage technology compliments EMC’s popular flash storage portfolio. EMC Corporation (NYSE:EMC) shares moved up 0.35% in last trading session and was closed at $25.89, while trading in range of $25.62 – $25.96. EMC Corporation (NYSE:EMC) year to date (YTD) performance is 3.73%.
CA Technologies Inc (NASDAQ:CA) reported financial results for its fourth quarter and full fiscal year 2014, ended March 31, 2014. GAAP operating income was negatively affected by $38 million, or $0.08 per diluted share, as a result of a decrease in the amount of capitalized software development costs. In addition, GAAP operating income was negatively affected by $37 million, or $0.07 per diluted share, as a result of costs associated with the Company’s fiscal 2014 rebalancing plan (the Fiscal 2014 Plan). CA, Inc. (NASDAQ:CA) ended the last trading day at $29.05. Company weekly volatility is calculated as 2.33% and price to cash ratio as 4.36. CA, Inc. (NASDAQ:CA) showed a negative weekly performance of -2.32%.
German-based SAP AG (ADR) (NYSE:SAP) recorded significant gains in the market share of supply chain management and procurement software sector in 2013 outpacing the industry rate of growth, as the software plays a key role in driving business uptick objectives globally by its competitive edge. A growth of 7.3% has been recorded in the supply chain management or SCM and procurement software space in 2013, according to data from research organization, Gartner. This suggests revenue of $8.9 billion for the year since the priority status of SCM continued despite the corporate preferring to be cautious in IT spending. SAP AG (ADR) (NYSE:SAP) net profit margin is 20.00% and weekly performance is -0.76%. On last trading day company shares ended up $75.78. Analysts mean target price for the company is $63.41. SAP AG (ADR) (NYSE:SAP) distance from 50-day simple moving average (SMA50) is -3.83%.