In tech earnings last night, CSGS (+4.5%) posted a beat and offered upside guidance, game makers ZNGA (+3.5%) and TTWO (+10.4%) both reported beats and guided lower, and TRMB (-4.9%) posted a beat with downside guidance. In news, TTWO (+10.4%) announced a share repurchase program in addition to earnings. Among rumors, HPQ (+1.5%) was mulling breaking up the business, according to reports. Among notable analyst upgrades this morning in the tech space, EA (+0.4%) was upgraded to Buy at Sterne Agee and Argus upgraded ITRI (+3.6%) to Buy. Among downgrades, TRMB (-4.9%) was downgraded to Neutral at JP Morgan, GOOG (+0.4%) was downgraded to Neutral at Hilliard Lyons and CCOI (-2.8%) was downgraded to Mkt Perform at Raymond James. AKAM (+1.4%) and DRIV (-1.0%) is a notable name in tech scheduled to report quarterly results today after the close.






