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Progress Software Is Retrogressing (The Motley Fool via Yahoo! News) - After hitting about $21 in mid-July, the stock price of enterprise software developer Progress Software (Nasdaq: PRGS - News) has been making a nice move, reaching $27. But, yesterday, investors were disappointed with the company's earnings report and the stock price fell 6% to $24.76. While Progress is a solid company, growth is not likely to resume until next year.
Business software helps lift profit 29% at Oracle (International Herald Tribune) - Oracle has attributed its rise in quarterly profit to a sharp sales gain in its business software unit, helping it beat analysts' forecasts and show strong growth from recent acquisitions.
SAP, software stocks gain, airlines also higher (Market Watch) - NEW YORK (MarketWatch) - U.S.-listed shares of European companies joined Wall Street's rally Wednesday, with German software company SAP a standout as it benefited from stronger-than-expected earnings at U.S. rival Oracle Corp.
SAP, Accenture team up on health care software (ZDNet) - Software maker and consulting firm hope to take advantage of fast growth in spending on health care IT.
Vanishing Software Companies (WebCPA) - (Sept. 21, 2006) - And then there were three--three major tax software companies, that is. With CCH taking over the operations of ATX and TaxWise, there are very few tax preparation software companies left that are not owned by billion-dollar corporations.
3M's HighJump buys maker of distribution software (bizjournals.com via Yahoo! Finance) - 3M Co. subsidiary HighJump Software has agreed to buy Global Beverage Group , a Canadian maker of sales and distribution software.
Traction Software Releases TeamPage 3.7 (EContent Magazine) - Traction Software, a developer of products for secure, scalable, web-based collaboration, has announced Traction TeamPage Release 3.7.
Ultimate Software Provides Expert Panel, Surveys HR Professionals About Talent Management, at IDC's Human Resources (SYS-CON Media) - Ultimate Software , a leading provider of human resources, payroll, and talent management solutions, today announced the results of a talent management survey of human resources professionals conducted at the IDC Human Resources Forum on Talent Management held in New York City yesterday. The survey results reflect the themes addressed by an Ultimate Software-sponsored panel and indicate that
Oracle Ships 'Low Cost' Content Management Software (Intelligent Enterprise Magazine) - Oracle has launched software that the company says is designed to provide "low-cost" management of Office documents, PDF and image files, and other unstructured data.
US Software Patents Hit Record High (Slashdot) - Aditi Tuteja writes "US Patent and Trademark Office made a new record for the number of software patents awarded in a single year. The agency has issued 893 new patents yesterday. Pushing the total to 30,232 in this year. If this is the trend, more than 40,000 software patents will be issued this year, according to the Public Patent Foundation. The previous record was set in 2004. Several major
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