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Stock Market & Financial Investment News

News Breaks
January 11, 2013
07:54 EDTCTXSCitrix Systems growth prospects remain strong, says Cowen
Cowen believes both fundamentals growth and stock appreciation for Citrix Systems remains bright. The firm noted the recent pullback in the shares but believes the desktop business is better positioned than most investors believe. Shares are Outperform rated.
News For CTXS From The Last 14 Days
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January 28, 2015
18:21 EDTCTXSOn The Fly: After Hours Movers
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16:29 EDTCTXSCitrix up 3.2% after reporting Q1 results, restructuring plan
16:12 EDTCTXSCitrix reports restructuring program affecting 700 f/t, 200 p/t workers
Citrix announced the implementation of a restructuring program designed to increase strategic focus and operational efficiency. The restructuring will affect approximately 700 full-time and 200 contractor positions, and is expected to result in annualized pre-tax savings in the range of approximately $90M-$100M. Citrix expects to incur pre-tax charges in the range of approximately $40M-$45M related to employee severance arrangements and $9M-$10M related to the consolidation of leased facilities during FY15.
16:09 EDTCTXSCitrix sees FY15 EPS $3.60-$3.65, consensus $3.36B
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16:08 EDTCTXSCitrix sees Q1 EPS 70c-72c, consensus 80c
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16:05 EDTCTXSCitrix reports Q4 EPS $1.10, consensus $1.03
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15:37 EDTCTXSNotable companies reporting after market close
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