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Stock Market & Financial Investment News

News Breaks
January 30, 2013
16:23 EDTCNQRConcur sees Q2 revenue up 19% year-over-year
Sees Q2 non-GAAP EPS 24c, which may not compare consensus 21c.
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May 23, 2013
07:34 EDTCNQRConcur price target raised to $91 from $85 at Stifel
After examining data on global corporate hotel bookings, Stifel reports that global corporate bookings jumped nearly 9% in April. The firm thinks the market is beginning to stabilize, and that Concur could benefit from this trend. Stifel is more optimistic about Concur's ability to at least meet FY13 guidance and generate growth over 25% in FY14, and it keeps a Buy rating on the stock.

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