Paychex Should Consider SaaS Acquisitions

On September 24, Paychex, Inc. (NASDAQ: PAYX), the leading payroll and personnel services provider, reported first quarter results that met earnings estimates but missed revenue estimates. In earlier coverage,  I suggested that it could be a SAAS aggregator.

Accenture Confirms My Confidence

The global outsourcing and consulting giant, Accenture (ACN), reported Q4 earnings yesterday, beating analysts’ expectations and supporting their position at the head of my Top 10 Outsourcing Stocks list.

RIMM Sinks, I’m Holding On

Yesterday, Research In Motion Limited (RIM) (Nasdaq: RIMM; TSX: RIM) reported second quarter results that were in line with guidance but slightly below analyst estimates. A major reason for missing estimates was the delay of the BlackBerry® Bold in the US market due to battery and 3G connectivity issues.

Deal Radar 2008: IVT

Online Video is becoming a powerful business tool, spawning a significant number of innovative companies. My continued interest in the sector stems from the fact that I am very interested in seeing gratuitous business travel disappear. [See my Forbes column, Kill The Business Trip] On this installment of the Deal Radar, I will review IVT,

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Deal Radar 2008: Sportgenic

Sportgenic is a San Francisco-based digital media and technology company that is focused on monetizing sports sites. The company, formerly named Active Athlete Media, was founded in 2005 by Robert Tas. Sportgenic has more than 350 publisher sites in its vertical ad network and 21 million unique users. The company was ranked the #2 sports

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3Com Reports Strong Quarter

Yesterday, 3Com Corporation (NASDAQ: COMS) reported strong first quarter results that not only beat all estimates but were a sign of significant turnaround progress. It was the first time since 2000 that 3Com has reported quarterly GAAP profit. 3Com attributed the profit to higher sales, lower costs, and a patent dispute settlement.

Palm’s Turnaround On Track?

Palm announced in its earnings call on Thursday that its new platform development is on track to be completed by the end of 2008 and that handsets based on it would be released in the first half of 2009.

Should Oracle Buy Into Services?

Oracle’s earnings results were a bright spot in at the end of a chaotic week for the financial sector. After dipping to $18.10 in the week, the stock soared to $21, helped by the company’s positive performance and the Fed’s bailout decisions. However, it could be hit hard by a stronger dollar.