Lawson Software, Inc.(LWSN)- NASDAQ
LWSN is defunct.
  • Apr. 26, 2011, 9:05 AM

    Premarket gainers: SMOD +14%. MSPD +8%. REDF +7%. AGCO +7%. UBS +6%. INVE +5%. ITW +6%. CMI +6%. SIFY +5%. CLMS +6%. OCZ +5%. ZSL +4%. AKS +4%. CS +4%. VECO +4%. F +3%. LOCM +3%. IRE +3%. ACI +3%.
    Losers: WIBC -17%. LXK -12%. LWSN -7%. NFLX -5%. TLAB -4%. UA -4%. ETFC -4%. AGQ -4%. GPL -3%. AIG -3%. EXK -3%.

    | Apr. 26, 2011, 9:05 AM
  • Apr. 26, 2011, 7:42 AM
    Lawson Software (LWSN) -7.4% to $11.23. The company announced this morning it was selling itself to GGC Software Holdings for around $2B, or $11.25/share.
    | Apr. 26, 2011, 7:42 AM
  • Apr. 26, 2011, 7:15 AM

    GGC Software Holdings, an affiliate of Golden Gate Capital and Infor, agrees to buy Lawson Software (LWSN) for around $2B, or $11.25/share, below Lawson's closing price yesterday of $12.12. The deal comes after a search for alternative buyers didn't result in a superior offer. (PR)

    | Apr. 26, 2011, 7:15 AM
  • Apr. 25, 2011, 11:26 AM

    Lawson Software (LWSN +1.5%) is close to being acquired by private-equity firm Golden Gate Capital and fellow business-software company Infor, WSJ's DealJournal reports, based on an Infor news release whose authenticity is not yet verified. Last month, Lawson said it had received an unsolicited offer from Infor valuing the company at $1.8B.

    | Apr. 25, 2011, 11:26 AM
  • Mar. 29, 2011, 10:23 AM

    Traders bet that Lawson Software's (LWSN +3.1%) $1.8B takeover offer will get trumped by a higher bid, probably from Oracle (ORCL +0.5%), Bloomberg says. Lawson shares have consistently traded higher than the $11.25/share March 11 offer price from Infor and Golden Gate Capital.

    | Mar. 29, 2011, 10:23 AM
  • Mar. 14, 2011, 9:48 AM

    Lawson Software (LWSN +6.4%) confirms receipt of an unsolicited bid from privately-held software company Infor and Golden Gate Capital to acquire the company for $1.8B, or $11.25/share in cash. Shares are trading well over $12, suggesting more bids may be forthcoming.

    | Mar. 14, 2011, 9:48 AM
  • Mar. 9, 2011, 9:45 AM

    Lawson Software (LWSN +3.8%) has hired Barclays Capital to explore a possible sale of the company, Reuters reports. Several tech giants could be interested, according to the report, and private equity firms could be drawn by Lawson's stable cash flow. Carl Icahn owns ~10% of the company.

    | Mar. 9, 2011, 9:45 AM
  • Jan. 31, 2011, 12:01 PM
    Goldman Sachs upgrades SAP (SAP) shares to Buy. Despite paying for costly litigation with rival Oracle (ORCL), SAP just reported record Q4 software revenues. SAP is +1.2%.
    | Jan. 31, 2011, 12:01 PM
  • Jan. 27, 2011, 3:50 PM
    SAP (SAP +1.6%) won't buy its way to diversity, claims co-CEO Bill McDermott, who sees partnerships as the way to go. "Consumers don’t want to be locked in," says McDermott. Contrast this with acquisition machine Oracle (ORCL +1.4%), who, incidentally, made SAP blow money on legal bills that could have funded some deals.
    | Jan. 27, 2011, 3:50 PM
  • Jan. 26, 2011, 2:56 PM

    Oracle (ORCL +1%) hits a 52-week high, breaking the previous $32.67/share ceiling, possibly on news the cost of its litigation with rival SAP (SAP +2.1%) cut into the latter's Q4 earnings. But SAP also reported record revenue, a good sign for Oracle's prospects. 

    | Jan. 26, 2011, 2:56 PM
  • Jan. 26, 2011, 1:54 PM

    Signal Hill raises Salesforce.com's (CRM) rating to Buy from Hold, noting potential upside, given the firm "dominates" the software-as-a-service sector. Signal Hill's conclusions directly contradict a recent negative Barron's article on Salesforce.com, titled "Shades of the Dot-Com Bubble." CRM +4%.

    | Jan. 26, 2011, 1:54 PM
  • Jan. 26, 2011, 8:22 AM

    SAP (SAP +0.3%) intends to file post-trial motions to reduce the $1.3B amount it must pay to Oracle in damages, or to get a new trial. The Q4 cost of its Oracle (ORCL) litigation hit €933M, contributing to a 36% decline in Q4 profits. SAP reported record Q4 software revenue of €1.5B.

    | Jan. 26, 2011, 8:22 AM
  • Jan. 24, 2011, 4:44 PM

    About 25% of enterprise resource planning customers will invest in new systems in 2011, down from 29% in 2010, says Forrester. About 72% of companies surveyed are "in a holding pattern for 2011." Oracle (ORCL) and SAP (SAP) both plan app upgrades this year, but their uptake may take some time.

    | Jan. 24, 2011, 4:44 PM
  • Jan. 13, 2011, 11:48 AM

    SAP (SAP) is +5.5% after offering preliminary Q4 2010 numbers that showed record quarterly apps sales of €1.50B, up 34% from Q4 2009. Total Q4 revenue will be €4B, a jump of 27% from Q4 last year. SAP is still reviewing the financial impact of its $1.3B judgment to Oracle (ORCL +0.3%), and so can't estimate profits yet. (PR)

    | Jan. 13, 2011, 11:48 AM
  • Jan. 12, 2011, 4:48 PM

    SAP (SAP) faces the complex task of "placating shareholders" or it will see another executive turnover, says Investment U. Barring Hewlett-Packard (HPQ), an acquisition seems unlikely. So, its new mobile products had better start impacting revenues fast - as "the clock is ticking" on SAP "and nobody knows how much time it has left."

    | Jan. 12, 2011, 4:48 PM
  • Jan. 12, 2011, 9:02 AM

    SAP (SAP +0.8%) is buying login security technology from Swiss apps maker Secude that it will bundle into its business applications, so customers don't need 3rd party providers. Terms weren't disclosed. (PR)

    | Jan. 12, 2011, 9:02 AM