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Stock Market & Financial Investment News

News Breaks
May 21, 2012
13:23 EDTESIC, OTEXEasyLink Services announces early termination of HSR waiting period
EasyLink Services (ESIC) announced that EasyLink and Open Text (OTEX) have received early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for the acquisition by merger of the shares of EasyLink by Open Text. Expiration of the waiting period satisfies one of the conditions to Open Text's acquisition of EasyLink. The closing of the acquisition of EasyLink remains subject to shareholder approval, and the shareholder meeting is expected to occur in mid-summer.
News For ESIC;OTEX From The Last 14 Days
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July 30, 2015
12:55 EDTOTEXOn The Fly: Top stock stories at midday
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10:05 EDTOTEXHigh option volume stocks
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10:00 EDTOTEXOn The Fly: Analyst Upgrade Summary
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06:32 EDTOTEXOpenText upgraded to Outperform from Sector Perform at RBC Capital
July 29, 2015
19:32 EDTOTEXOn The Fly: After Hours Movers
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17:27 EDTOTEXOpenText announces $200M share buyback
OpenText CEO Mark Barrenechea said, "Today we announced a share buyback of up to $200M and our quarterly dividend of 20c. We also re-affirm our intent to allocate $3B in capital to acquisitions in the coming years."
16:56 EDTOTEXOpenText up 10.3% after reporting Q4 results, expanding partnership with SAP
16:49 EDTOTEXOpenText announces expanded partnership with SAP
OpenText (OTEX) and SAP (SAP) announced they will team up with OpenText to provide B2B managed services capabilities to multi-national businesses. "OpenText is pleased to expand its partnership with SAP to help companies simplify the increasing complexities of trading partners and B2B management," said Mark Barrenechea, president and CEO of OpenText. "We can address the timely and complex integrations that many customers have with their trading partners around the world. SAP, together with Ariba, an SAP company, and OpenText will provide customers a solution that enables them to improve time to revenue, reduce costs and helps to advance the digital transformation that today's leaders are undertaking."
16:18 EDTOTEXOpenText reports Q4 EPS 87c, consensus 69c
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