Our Top 1: Magic Software Enterprises Ltd.(NASDAQ: MGIC) provides a service of on-premise and could-enabled application platform and business integration solutions globally.
On 31 October 2011:
“Magic Software Enterprise Ltd. And Blue Phoenix Solutions announced that they would enter into definite agreement of buying Blue Phoenix (NASDAQ: BPHX) and the acquisition agreement is to be finalized by December 2011”.
This will enhance their portfolio and will increase their market share and create new opportunity. Which was an attractive reason to invest in their shares.
2 Nov 2011,
Hyman Capital’s Kyle Bass bought 4.9% stake in MGIC which increased their share value by +(17.6%).
3 Nov 2011,
“Magic Software Breaks Performance Records with Q3 Revenue of $30 Million and Net Income of $4 Million, an Increase of 60% Year over Year Company Reports Double-Digit Overall Growth for the Eighth Consecutive Quarter”.
9 Nov 2011,
“Announced that Shlomo Sixt, the Israel-based leader in private and commercial operational car leasing, rental, and sales, has chosen Magic Software's uniPaaS application platform to develop an innovative mobile system for managing the fleet of vehicles used by its fieldworkers”.
Align Technology, Inc. (NASDAQ ALGN) was founded in 1997, its is company that is engaged with coming up with new designs and manufacturing a system of treating a crooked teeth. They operate internationally in the regions of Europe, Asia/Pacific, and Latin America.
On Oct 28 2011:
The maker of orthodontic equipment released a “Rosy third-quarter earnings report” which had a great positive impact on company’s shares as the rocketed to 33% which mean increase of 24cents earning per share.
On 29 Oct. 2011,
Were seen as “big gainers” in the stock market:
As the company designed, manufactured appliances that corrected a method for misalignment of teeth using a number of clear, removable appliances that move teeth to a desired...