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Stock Market & Financial Investment News

News Breaks
July 25, 2014
08:12 EDTINFAInformatica should be bought on weakness, says JMP Securities
After Informatica reported higher than expected Q2 EPS but lower than expected revenue and cut its full-year EPS guidance, JMP Securities cut its price target on the stock to $42 from $52. However, the firm thinks the company has a capable management team and could easily generate signle digit growth and rising operating margins if necessary. The firm also finds the stock's valuation attractive and thinks it remains a highly strategic asset. It keeps an Outperform rating.
News For INFA From The Last 14 Days
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June 23, 2015
16:09 EDTINFAInformatica holders approve acquisition by Permira Funds, CPPIB
Informatica announced that at the special meeting of Informatica's stockholders held on June 23, its stockholders had approved the previously announced acquisition of Informatica by the Permira funds and the Canada Pension Plan Investment Board, or CPPIB. The transaction is expected to be completed in Q3, subject to the receipt of certain regulatory approvals and the satisfaction of other customary closing conditions.
June 21, 2015
16:35 EDTINFAInformatica to host special shareholder meeting
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