We are adding the following credit spreads to our recommended list.
We are recommending credit spreads in the following issues.
INFY - Infosys Technologies Limited provides information technology (IT) and consulting services worldwide. It offers IT services, such as application, architecture, independent validation and testing, information management, infrastructure, packaged application, SOA, systems integration, and knowledge services; product engineering services, manufacturing process and plant solutions, and product lifecycle management services; and consulting services in the areas of information and technology strategies, product innovation, next generation commerce, process excellence, and learning and complex change. The company also provides business process outsourcing solutions in the areas of business platforms, customer service outsourcing, finance and accounting, human resources outsourcing, legal services, sales and fulfillment, and sourcing and procurement outsourcing. In addition, it offers collaborative analytics solutions; digital consumer platform; Finacle universal banking solution; iProwe, a Web accessibility assessment product; mConnect, a real-time enterprise middleware; and research and analytical support services. Further, the company offers unified communications and collaboration solution that streamlines business processes between employees, customers, and suppliers; iTransform that helps healthcare organizations accelerate transition to new platforms; and supply chain visibility and collaboration product suite.
RIMM - Research In Motion Limited designs, manufactures, and markets wireless solutions for the worldwide mobile communications market. The company, through the development of integrated hardware, software, and services that support multiple wireless network standards, provides platforms and solutions for seamless access to time-sensitive information, including email, phone, short messaging service, Internet, and intranet-based applications. Its products and services principally include the BlackBerry wireless platform, the RIM Wireless Handheld product line, software development tools, and other software and hardware. The companyÂ’s BlackBerry smartphones use wireless, push-based technology that delivers data to mobile usersÂ’ business and consumer applications. Its BlackBerry smartphone portfolio includes BlackBerry bold series, BlackBerry storm series, BlackBerry tour, BlackBerry curve series, and the BlackBerry pearl series. The companyÂ’s BlackBerry enterprise solutions comprise BlackBerry enterprise server, BlackBerry enterprise server express, BlackBerry mobile voice system, and hosted BlackBerry services. Its technology also enables third party developers and manufacturers to enhance their products and services with wireless connectivity to data. In addition, the company provides BlackBerry technical support services, non-warranty repairs, and nonrecurring engineering services. Further, it offers BlackBerry App World that provides BlackBerry smartphone users with a Web and on-device electronic catalogue that aids in the discovery and download/purchase of applications directly from their BlackBerry smartphone.
CTXS - Citrix Systems, Inc. designs, develops, and markets technology solutions that deliver applications on-demand worldwide. It offers desktop solutions, such as Citrix XenDesktop, an integrated desktop virtualization system; and Citrix XenApp, an application virtualization solution that centralizes and delivers enterprise applications as an on-demand service. The company also provides online services, including GoToMeeting, an online solution for online meetings sales demonstrations and collaborative gatherings; GoToWebinar that allows users to host, attend, or participate in a Webinar session; GoToTraining, an online training tool that allows trainers to deliver content to multiple trainees; GoToAssist, an online remote technical-support solution that enables individual professionals and organizations to provide secure, on-demand support over the Internet; and GoToMyPC, an online solution that provides secure, remote access to PC and Mac from virtually any Internet-connected computer. In addition, it offers virtual infrastructure products, including Citrix XenServer, an enterprise-class platform for managing server virtualization in the datacenter as an aggregated pool of computing and storage resources; and Citrix Essentials for XenServer and Hyper-V, a virtualization management system for lab automation, availability, provisioning, workflow orchestration, and integration with storage systems. Further, the company provides application networking products comprising Citrix NetScaler, a Web application delivery controller; Citrix Access Gateway, an SSL/VPN that securely delivers applications with policy-based SmartAccess control; and Citrix Repeater solutions that provide application delivery to branch office users. Additionally, it offers technical services, such as consulting, technical support, and product training and certification services.
We are recommending the following specific credit spreads.
Call credit spreads = bearish call spreads.