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Stock Market & Financial Investment News

News Breaks
October 4, 2012
07:42 EDTINFAInformatica revenue shortfall in European ops negatively impacting Q3 EPS by 2c
CEO Sohaib Abbasi commented: "While overall customer demand for our products increased from Q2 to Q3 of 2012, most of our revenue shortfall in Q3 was in Europe, where we fell well short of our own expectations. Despite improving operational results in the U.S. and Asia Pacific relative to our Q2 of 2012 results, the disappointing European results reflect continued operational challenges that we are taking aggressive steps to address. Under our new worldwide sales leader, we remain focused on implementing the changes necessary to pursue our market opportunity." CFO Earl Fry commented: "As we have previously stated, our tax rate is very sensitive to the geographic mix of business."
News For INFA From The Last 14 Days
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July 28, 2014
10:02 EDTINFAOn The Fly: Analyst Upgrade Summary
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07:39 EDTINFAInformatica upgraded to Buy from Neutral at Nomura
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July 25, 2014
10:55 EDTINFAHigh option volume stocks
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10:02 EDTINFAOn The Fly: Analyst Downgrade Summary
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08:12 EDTINFAInformatica should be bought on weakness, says JMP Securities
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08:01 EDTINFAInformatica downgraded to Neutral from Positive at Susquehanna
Note this is the third downgrade of the day.
06:00 EDTINFAInformatica downgraded to Neutral from Outperform at Credit Suisse
Credit Suisse downgraded Informatica to Neutral citing the Q2 miss and lowered guidance. Price target lowered to $37 from $52. Note that Baird also downgraded shares this morning.
05:58 EDTINFAInformatica downgraded to Neutral from Outperform at RW Baird
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July 24, 2014
17:29 EDTINFAInformatica lowers FY14 EPS view to $1.50-$1.60 from $1.55-$1.65
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17:26 EDTINFAInformatica sees Q3 EPS 30c-35c, consensus 38c
Sees Q3 revenue $245M-$260M, consensus $260.59M. Guidance provided on company's Q2 earnings conference call.
16:29 EDTINFAInformatica reports Q2 adjusted EPS 35c, consensus 35c
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July 14, 2014
10:00 EDTINFAOn The Fly: Analyst Upgrade Summary
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08:31 EDTINFAInformatica upgraded to Overweight from Equal-Weight at Evercore
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06:15 EDTINFAInformatica upgraded to Overweight from Equal-Weight at Evercore
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