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Stock Market & Financial Investment News

News Breaks
May 16, 2013
09:10 EDTCTXSCitrix shares should be bought ahead of Synergy event, says Pacific Crest
Pacific Crest recommends that investors buy shares of Citrix Systems ahead of its Syenrgy event, as the firm thinks that new products announced there will provide a positive catalyst for the shares. The firm sees multiple catalysts for the stock and keeps an Outperform rating on the shares.
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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