Software for Business – Latest News Week of December 27, 2011

Oracle Earnings Miss Crushing Is Business Software Stocks
Wall Street Journal (blog)

The business-software giant said customers delayed purchases, pushing down growth in sales of its core software business, and driving down revenue in Oracle’s newer hardware division more than expected. Shares of Oracle are being shellacked this … See More topic »


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  • EzPaycheck 2012, Small Business Payroll Tax Solution, is Shipping

PR Web (press release)

ezPaycheck 2012 small business payroll system is affordable but fully functional Windows software designed for the small business owners or accountants. 30-day free trial is available at http://www.halfpricesoft.com. We believe small business software … See More topic »

  • Detailing business software debuted at SEMA 2011

Carwash Online

LAS VEGAS — A smartphone-friendly business management software was created especially for the automotive detailing market, according to a press release. The Dec. 15 release stated that DetailBiz was formed by detailing professionals and was introduced … See More topic »

  • Akken Releases New Version of Its Cloud-Based Business Platform for Staffing …

MarketWatch (press release)

NASHUA, NH, Dec 22, 2011 (MARKETWIRE via COMTEX) — Akken, the leading business software company for staffing and recruiting firms today announced the release of its latest version of the Akken Staffing(TM) platform, a powerful, yet affordable and … See More topic »

  • Tibco forecasts strong Q1 revenue on robust demand

Reuters

(Reuters) – Business software maker Tibco Software Inc (TIBX.O) posted strong quarterly results, helped by higher service and maintenance fees, and forecast first-quarter revenue above analyst estimates on strong demand. The company sees first-quarter … See More topic »

  • Workday Said to Plan to Raise as Much as $500 Million in IPO

BusinessWeek

Workday would join online-business software companies that have gone public in recent years. SuccessFactors Inc., which is being acquired by SAP AG for $3.4 billion, held its IPO in 2007. NetSuite Inc., majority owned by Oracle Chief Executive Larry … See More topic »

  • Markets: Wall Street flat as software stocks plummet

FT Adviser

Poor results from Oracle give rise to fears over recurring business orders, prompting a slide across the sector. By Ashley Wassall | Published 08:36 | comments Business software provider Oracle missed its earnings targets by some way when it reported … See More topic »

  • Weaker Euro to hurt Red Hat Q4 revenue, shares fall

Reuters

(Reuters) – Business software maker Red Hat Inc (RHT.N) forecast fourth-quarter revenue largely below analysts’ expectations hurt mainly by a weaker euro, sending its shares down 7 percent in after-market trade. The company forecast current-quarter … See More topic »

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