Business Software & Services: Microsoft Corporation (NASDAQ:MSFT), Servicesource International Inc (NASDAQ:SREV), Tibco Software Inc. (NASDAQ:TIBX), CA, Inc. (NASDAQ:CA)



Microsoft Corporation (NASDAQ:MSFT) announced that the next major update to it’s flagship ERP solution, Microsoft Corporation (NASDAQ:MSFT) Dynamics AX 2012 R3, is available to customers across the Middle East and Africa region. The announcement came at the Microsoft Corporation (NASDAQ:MSFT) Business Solutions Summitt hosted in Dubai, UAE for the region’s technology and business executives. Microsoft Corporation (NASDAQ:MSFT) stock performance was -0.78% in last session and finished the day at $39.69. Traded volume was 43.42million shares in the last session and the average volume of the stock remained 36.54million shares. The beta of the stock remained 0.89. Microsoft Corporation (NASDAQ:MSFT) insider ownership is 4.20%.

ServiceSource International Inc (NASDAQ:SREV) issued its quarterly earnings data on Thursday. The company reported ($0.07) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.05) by $0.02. Servicesource International Inc (NASDAQ:SREV) dropped -32.80 percent to $4.20 Friday on volume of 17.05million shares. The intra-day range of the stock was $3.9901 to $4.99. Servicesource International Inc (NASDAQ:SREV) has a market capitalization of $348.88million.

In the US, infrastructure and business intelligence specialist Tibco Software Inc. (NASDAQ:TIBX) has acquired embedded business intelligence and reporting software provider Jaspersoft for $185m. Tibco Software Inc. (NASDAQ:TIBX) says the acquisition will accelerate its expansion into the embedded BI market, while complementing its Spotfire data discovery and segmentation solution. As part of the deal, the current Jaspersoft management team and employees will join Tibco Software Inc. (NASDAQ:TIBX). Tibco Software Inc. (NASDAQ:TIBX)’s stock on May 2, 2014 reported a decrease of -1.38% to the closing price of $19.34. Its fifty two weeks range is $18.83 -$27.15. The total market capitalization recorded $3.15billion. The overall volume in the last trading session was 3.24million shares. In its share capital, TIBX has 162.73million outstanding shares.

CA, Inc. (NASDAQ:CA) announced the availability of CA, Inc. (NASDAQ:CA) Identity Suite, a new, one-stop identity management and governance solution that transforms data into business information and simplifies identity management and access governance across the enterprise. On Friday, shares of CA, Inc. (NASDAQ:CA) dropped -0.76% to close the day at $29.91. Company return on investment (ROI) is 14.80% and its monthly performance is recorded as -6.06%. CA, Inc. (NASDAQ:CA) quarterly revenue growth is -6.09%.

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