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Software makers Oracle, Adobe rise after quarterly reports (Market Watch) - SAN FRANCISCO (MarketWatch) -- Software makers Oracle Corp. and Adobe Systems Inc. saw their shares rise Tuesday evening after the companies released their financial results, with investors particularly pleased by a higher than anticipated increase in Oracle's new software licenses, a key measure of growth of new customer accounts.

Convergys wins contract with software firm (bizjournals.com via Yahoo! Finance) - One of the world's largest publishers of language learning software has signed Convergys Corp. to provide call center services.

California Software To Change Name To Infinite Software - Quick Facts (Nasdaq) - (RTTNews) - California Software Corp. (CSWX.PK) said that it will change its name to INFINITE Software effective today. Bruce Acacio, CEO, said that the new corporate name and identity will not affect the its capital structure and the company intends to maintain its OTC listing under a new symbol.

CSWX: Changes Name to Inifinite Software (Nasdaq) - California Software Corporation (CSWX) announced that it will change its name to INFINITE Software effective immediately. "The California Software moniker has served the company well for over 31 years.

Progress Software Forecasts 2007 Growth (AP via Yahoo! Finance) - Business software maker Progress Software Corp. on Tuesday forecast adjusted full-year profit above Wall Street expectations.

Progress Software 1Q Earnings Grow (AP via Yahoo! Finance) - Business software maker Progress Software Corp. said Tuesday its first-quarter earnings jumped 48 percent on increased software license and services revenue, beating Wall Street forecasts.

Magic Software Names Eitan Naor As CEO (AP via Yahoo! Finance) - Israel-based Magic Software Enterprises Ltd., a provider of business technology software, said Tuesday it has appointed Eitan Naor as its president and chief executive.

Progress Software 1Q Earnings Grow (AP via Yahoo! Finance) - Business software maker Progress Software Corp. said Tuesday its first-quarter earnings jumped 48 percent on increased software license and services revenue, but results still missed Street forecasts.

New software IDs traffic accident hotspots (UPI) - U.S. scientists have created software that can identify traffic accident hotspots on a state's roadways.

Progress Software first-quarter income increases on sales growth (WPRI 12 Providence) - BEDFORD, Mass. Progress Software says its first-quarter earnings jumped 48 percent on increased software license and services revenue, beating Wall Street forecasts.