The virtualization and cloud giant VMware is planning to acquire Virsto Software that makes makes storage performance software. To me it looks like, the...

Camelot Information Systems Inc. (CIS) a holding company that conducts business, through its operating subsidiaries in China has a market cap of $225.85M and Projected 5-year EPS growth at 24.62% at a Price at $4.90. Net institutional shares purchased in the current quarter at 10.4M, which is 37.91% of the company’s 27.43M share float in market. ISTA Pharmaceuticals...

China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU)- Technical indicators for the stock are Bullish and S&P gives CHU a weak 2 STARS (out of 5) sell rating. For a hedged play on this stock, look at the Oct ’11 $20.00 covered call for a net debit in the $18.36 area. That is also the break-even stock price for this trade. This covered call has a duration of 173 days,...

VMware (NYSE:VMW)- VMware, Inc. is acquiring SlideRocket, a presentation software company that has 300,000 users. SlideRocket has 20,000 customers and collaboration tools for multiple authors to use. SlideRocket will complement VMware’s acquisition of e-mail suite company Zimbra. VMware, Inc. provides virtualization solutions for the desktop computer and data centers....

1) ABB Ltd. (NYSE:ABB)- Down 0.04% to $25.33. Shares of ABB Limited booked a new 52 week high today by trading above $25.39, traders are definitely monitoring ABB’s price action to see if this move attracts further buying into the stock. ABB Limited provides power and automation technologies. The Zurich Switzerland based company operates under segments that include...

Travelzoo Inc. (TZOO) - Travelzoo hit a new 52-week high Monday as it is currently trading at $97.65, above its previous 52-week high of $95.45 with 112,564 shares traded as of 9:32 a.m. ET. Average volume has been 670,000 shares over the past 30 days. New Dragon Asia Corp. (AMEX:NWD) - New Dragon Asia Corp. is the 8th best rebounding stock in this segment of the market....

Hardware Earnings- Data Center Group revenue at Intel (INTC) rose 32% in the last quarter, wheeras revenue from sales of IBM’s (IBM) System z mainframe server products rose 41% last quarter. IBM (IBM) has reported a 10 per cent rise in net income to $ 2.86 billion in the January—March quarter of 2011 on account of robust growth in hardware and software business. Intel...

China MediaExpress Holdings, Inc. (CCME)- China MediaExpress Holdings, Inc. provides television advertising network on inter-city express buses in China. It offers advertisements on its network of television displays installed on express buses originating in five municipalities of Beijing, Shanghai, Guangzhou, Tianjin, and Chongqing, and nine provinces, including Guangdong,...

Adobe Systems Inc. (ADBE)- Adobe Systems Incorporated operates as a diversified software company in the Americas, Europe, the Middle East, Africa, and Asia. It offers a line of creative, business, Web, and mobile software and services used by creative professionals, knowledge workers, consumers, original equipment manufacturers, developers, and enterprises. The company’s...

Acergy [[ACGY]] downgraded to Hold at Collins Stewart… Acorda Therapeutics [[ACOR]] downgraded to Market Perform at Leerink Swann… AGCO Corporation [[AGCO]] initiated as Hold at Morgan Joseph… American Eagle [[AEO]] upgraded to Outperform from Market Perform, $20-21 target, at Wells Fargo… America Movil [[AMX]] downgraded to Neutral from Overweight,...

Adobe [[ADBE]] initiated as Buy at Citigroup… Arkansas Best [[ABFS]] upgraded to Buy, $32 target, at KeyBanc… Avago Technolgies [[AVGO]] reinstated as Buy, $24 target, at Deutsche Bank… Barclays [[BCS]] reiterated Outperform, raised price target to 412p from 395p, at FBR… Check Point [[CHKP]] initiated as Buy at Citigroup… Citrix Systems [[CTXS]]...

Akamai Technologies [[AKAM]]- Akamai has created a digital operating environment for the  Web. Our global platform of thousands of specially-equipped servers  helps the Internet  withstand the crush of daily requests for rich, dynamic, and interactive  content,  transactions, and applications. When delivering on these requests, Akamai detects and  avoids Internet...