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Stock Market & Financial Investment News

News Breaks
February 19, 2013
08:37 EDTACIW, ORCCACI Worldwide announces end of waiting period for tender offer
ACI Worldwide (ACIW) announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvement Act of 1976 (HSR) in connection with ACI's tender offer for common stock of Online Resources Corporation (ORCC) was terminated early on February 15 by the U.S. Federal Trade Commission. The waiting period was scheduled to expire on February 21. As announced on January 31 ACI and Online Resources entered into a definitive agreement contemplating the acquisition of Online Resources by ACI via a tender offer to acquire all of the outstanding shares of Online Resources's common stock at a price of $3.85 per share in cash. The termination of the HSR waiting period satisfies one of the conditions to consummate the tender offer. Other closing conditions remain, including, among others, a minimum tender of a majority of outstanding Online Resources shares on a fully diluted basis
News For ACIW;ORCC From The Last 14 Days
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October 30, 2014
06:11 EDTACIWACI Worldwide lowers FY14 revenue to $1.025B-$1.045B from $1.078B-$1.098B
Consensus for FY14 revenue is $1.08B. Lowers FY14 adjusted EBITDA view to $265M-$275M from $294M-$304M. This guidance excludes $18M-$20M of significant integration-related expenses and includes $2M in deferred revenue adjustments. FY14 new sales bookings growth rate is expected to be in the double digits.
06:08 EDTACIWACI Worldwide reports Q3 adjusted EPS 18c, consensus 13c
Reports Q3 adjusted revenue $250M, consensus $259.23M.

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