To reduce costs and become as agile as possible, Oracle Corporation (NYSE:ORCL) are increasingly seeking to move business-critical mainframe applications to open systems and cloud environments. However, to do so can often imply complex, costly and resource-heavy application migration projects, which deter companies from undertaking such migrations. As a result, organizations need a scalable, reliable and high-performance application migration solution that can help them transition to open systems and the cloud faster and with minimal impact on the mainframe-skilled IT personnel. Oracle Corporation (NYSE:ORCL) net profit margin is 29.30% and weekly performance is -0.48%. On last trading day company shares ended up $41.68. Analysts mean target price for the company is $41.92. Oracle Corporation (NYSE:ORCL) distance from 50-day simple moving average (SMA50) is 4.19%.
International Business Machines Corp. (NYSE:IBM) announced new security software that helps stop threats at the weakest link, the endpoint, including laptops and desktops which are most susceptible to malware. IBM’s Trusteer Apex software is the newest offering in the company’sThreat Protection System announced earlier this month, which leverages security intelligence and behavioral analytics to go beyond traditional anti-virus approaches and firewalls to disrupt attacks across the entire attack chain – from break-in to exfiltrate. International Business Machines Corp. (NYSE:IBM) shares advanced 0.81% in last trading session and ended the day on $186.39. Gross Margin is 48.90% and its return on assets is 15.70%. International Business Machines Corp. (NYSE:IBM) quarterly performance is 1.75%.
Red Hat Inc (NYSE:RHT) the world’s leading provider of open source solutions, announced that the company will host “Redefining the Enterprise Operating System,” a webcast and virtual event at 11 a.m. EDT on Tuesday, June 10, 2014. Red Hat Inc (NYSE:RHT) shares moved up 0.76% in last trading session and was closed at $50.11, while trading in range of $49.46 – $50.39. Red Hat Inc (NYSE:RHT) year to date (YTD) performance is -10.58%.
CA, Inc. (NASDAQ:CA) and Cetan Corp announced that Cetan Corp has joined the CA Global Partner Program as an Advanced Partner. Cetan Corp’s vertical market expertise and professional services in workload management complement CA Technologies portfolio of strategic workload automation solutions for distributed, cloud and IBM System z platforms. CA, Inc. (NASDAQ:CA) ended the last trading day at $29.05. Company weekly volatility is calculated as 2.04% and price to cash ratio as 4.36. CA, Inc. (NASDAQ:CA) showed a negative weekly performance of -3.39%.
TIBCO Software Inc. (NASDAQ:TIBX), a global leader in infrastructure and business intelligence software, announced the tibbr® for NetSuiteSuiteApp, which enables NetSuite Inc. users to collaborate with each other directly within NetSuite. The new SuiteApp, built using the NetSuite SuiteCloud Development Platform, has achieved “Built for NetSuite” verification. Tibco Software Inc. (NASDAQ:TIBX) net profit margin is 8.00% and weekly performance is 1.67%. On last trading day company shares ended up $19.53. Analysts mean target price for the company is $25.95. Tibco Software Inc. (NASDAQ:TIBX) distance from 50-day simple moving average (SMA50) is -2.38%.