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Ariba, Inc. (ARBA)

ARBA is defunct.
  • May 23, 2012, 2:46 PM
    Though it didn't come cheap, UBS and Nomura are praising SAP's (SAP -0.7%) $4.3B acquisition (I, II) of Ariba (ARBA). The former notes the kind of B2B transactions handled by Ariba's network cover 63% of all trade, and the latter argues the deal will help SAP achieve its goal of obtaining €2B in cloud revenue in 2015. Smaller Ariba rival SciQuest (SQI +6.2%) is rallying for the second straight day.
    | May 23, 2012, 2:46 PM | Comment!
  • May 22, 2012, 3:14 PM
    More on SAP/Ariba: The purchase follows SAP's $3.4B acquisition of cloud HR software vendor SuccessFactors, and gives it a set of products and services that complement its core ERP software solutions. Also, Ariba's market leadership means there are no major rivals Oracle (ORCL) can acquire in response, though SciQuest (SQI +1.6%), a much smaller competitor, is rallying a bit. SAP is nearly unchanged, Ariba will resume trading at 3:15 PM ET.
    | May 22, 2012, 3:14 PM | 1 Comment
  • May 22, 2012, 2:59 PM
    SAP is acquiring cloud spend management software/B2B e-commerce network owner Ariba (ARBA) for $45/share in cash, or $4.3B. The price represents an 18% premium to Ariba's final trade before shares were halted at 2:30 PM ET. The deal will be funded using a combo of SAP's existing cash and a €2.4B term loan facility. SAP expects it to close in Q3, and be accretive to 2013 EPS. (PR) (previous)
    | May 22, 2012, 2:59 PM | Comment!
  • Apr. 27, 2012, 1:18 PM
    Ariba (ARBA +13.1%) is making 10-year highs following a solid FQ2 report, highlighted by a 59% sales jump for its business e-commerce network. In addition, subscription software sales rose 32%, evidence of Ariba's effective transition to a cloud model for its spend-management offerings. During its earnings call, Ariba guided for FY12 revenue of $525M-$535M and EPS of $0.96-$1.00, compared with a consensus of $528.2M and $0.95.
    | Apr. 27, 2012, 1:18 PM | 1 Comment
  • Apr. 26, 2012, 5:09 PM
    Ariba (ARBA): FQ2 EPS of $0.25 beats by $0.03. Revenue of $131.5M (+21.8% Y/Y) beats by $3M. Shares +1.1% AH. (PR)
    | Apr. 26, 2012, 5:09 PM | 1 Comment
  • Apr. 11, 2012, 3:43 PM
    Goldman says M&A is poised to see an uptick in activity. Companies with the highest probability for a takeout in small-caps are: Ariba (ARBA +0.9%), Onyx Pharmaceuticals (ONXX +2.4%), and Synchronoss (SNSS +3.1%).
    | Apr. 11, 2012, 3:43 PM | Comment!
  • Mar. 13, 2012, 10:02 AM
    Cornerstone OnDemand (CSOD -1.7%) underperforms after Goldman's Greg Dunham slashes his rating to Neutral on valuation grounds. While expecting Cornerstone to continue growing due to its acquisitions and technology investments, and the early lead held by its cloud learning management offerings, Dunham considers Ariba (ARBA) a better cloud play at current levels.
    | Mar. 13, 2012, 10:02 AM | Comment!
  • Feb. 27, 2012, 9:33 AM
    Ariba (ARBA) opens +3.3% after shares are upgraded to Conviction Buy from Neutral at Goldman Sachs, which cites improving fundamentals with increased adoption of B2B connectivity and SaaS, accelerated growth and margin expansion, and increased likelihood of M&A. The firm sets a new $40 price target, up from $34.
    | Feb. 27, 2012, 9:33 AM | Comment!
  • Dec. 5, 2011, 11:51 AM
    It's a good day to own cloud software stocks, as SAP/SuccessFactors helps stoke a frenzy of buying (I, II, III). A few more names surging on the news: KNXA +13.7%. SABA +13.9% CSOD +9.5%. CTCT +5.3%. ARBA +11.4%. TNGO +5.1%. Some traditional business software firms previously linked to takeover chatter are also up strongly:  TIBX +6.2%. CTXS +5.4%. INFA +4.5%. MSTR +6.9%.
    | Dec. 5, 2011, 11:51 AM | 1 Comment
  • Sep. 22, 2011, 11:07 AM
    Ariba (ARBA -7.7%) takes a hit after Roth Capital cuts the shares to neutral on valuation, expressing concern that Street estimates are too high for FY12. It expects numbers to come down, and reduces its profit targets to well below consensus.
    | Sep. 22, 2011, 11:07 AM | Comment!
  • Jul. 29, 2011, 5:00 PM
    Business commerce software provider Ariba (ARBA) rose 4.5% after reporting Q2 results yesterday. The market appears pleased with the company's strong subscription software (+74% Y/Y) and e-commerce network (+249% Y/Y) revenue growth, and with its Q4 revenue guidance of $118M-$120M (above a $116.8M consensus). (PR) (transcript)
    | Jul. 29, 2011, 5:00 PM | Comment!
Company Description
Ariba is the leading provider of on-demand spend management solutions. Our mission is to transform the way companies of all sizes, industries, and geographies operate by delivering software, service, and network solutions that enable them to holistically source, contract, procure, pay, manage,... More