ACI Worldwide gaps up after earnings and guidance, levels to watch The company reported lighter than consensus results for its Q3 earnings and revenues. It did reiterate its 2012 non-GAAP revenues at a range of $706 to $716 million versus consensus of $689.6 million. The stock is up over 14% at time of writing. Resistance is at the high of the day at $44.65. Support is at $43.42, a prior pivot high.
News For ACIW From The Last 14 Days
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ACI Worldwide acquisition positive, says BMO Capital After ACI Worldwide agreed to buy fraud prevention solution provider Retail Decisions, BMO says it expects demand for online transaction fraud solutions to continue to grow. The firm adds that Retail Decisions could increase ACI's exposure to a growing e-commerce industry while enhancing its retail client solutions. The firm keeps an Outperform rating on ACI Worldwide.