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Stock Market & Financial Investment News

News Breaks
July 29, 2014
07:50 EDTCTXSCitrix EPS could be much higher than expected, says Bernstein
Bernstein believes that most on the Street are underestimating Ctrix's EPs outlook, and the firm thinks that Citrix's FY14 EPs could beat expectations by 33c. Bernstein thinks that EPS estimates for and analyst sentiment towards Citrix are likely to rise, possibly enabling the stock to rise. The firm keeps an Outperform rating.
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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