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Stock Market & Financial Investment News

News Breaks
January 14, 2014
05:39 EDTKFXMajor global insurance organization investes $3.7M in Kofax solutions
Kofax announced that a leading international insurance organization has invested $3.7M in Kofax software to expand and enhance the way it is capturing and processing documents within its property and casualty business. The company is using Kofax Capture and Kofax Transformation Modules to automatically capture and extract data from more than 160 million pages of documents per year, Kofax Analytics for Capture to monitor and analyze the entire process and implementing Kofax Mobile Capture to enable customers to submit documents using smart phones and tablets. The $3.7M was composed of $3M of software licenses and $700K of maintenance, and the sale was closed and delivered during the quarter ended December 31, 2013.
News For KFX From The Last 14 Days
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October 9, 2014
16:25 EDTKFXOn The Fly: Closing Wrap
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10:00 EDTKFXOn The Fly: Analyst Downgrade Summary
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09:20 EDTKFXOn The Fly: Pre-market Movers
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08:42 EDTKFXKofax downgraded at Craig-Hallum
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07:43 EDTKFXKofax downgraded to Hold from Buy at Craig-Hallum
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October 8, 2014
18:31 EDTKFXOn The Fly: After Hours Movers
UP AFTER EARNINGS: Ruby Tuesday (RT), up 19.6%... Exar (EXAR), up 13.7% after reporting second quarter revenue guidance... Alcoa (AA), up 2.2%. ALSO HIGHER: Nuance (NUAN), up 2.5% following rumors that Carl Icahn will recommend that Apple (AAPL) buy the company... GrubHub (GRUB), up just under 1% after being initiated with a Buy at CRT Capital. DOWN AFTER EARNINGS: Kofax (KFX), down 20.1% after reporting first quarter revenue and fiscal 2015 revenue guidance below analyst estimates... ARC Group (ARCW), down 17%... E2open (EOPN), down 8.9%. ALSO LOWER: Gap (GPS), down 7.6% following September same store sales data and CEO transition... AMD (AMD), down 7% after announcing CEO transition.
16:09 EDTKFXKofax sees FY15 adjusted EBITDA $41.0M-$51.0M
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16:08 EDTKFXKofax reports Q1 preliminary adjusted EBITDA $3.5M-$4.5M
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