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Stock Market & Financial Investment News

News Breaks
February 14, 2014
09:00 EDTLOGMLogMeln rises 21%
LogMeln is up 21%, or $6.98, to $40.25
News For LOGM From The Last 14 Days
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February 12, 2016
05:59 EDTLOGMLogMeln core themes remain intact, says Piper Jaffray
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05:47 EDTLOGMLogMeln price target lowered to $66 from $80 at JPMorgan
JPMorgan analyst Darren Jue lowered his price target for LogMeln to $66 saying the company's organic billings growth slowed in Q4. Organic billings growth "appeared to decelerate meaningfully" in the quarter, even after adjusting for large, multi-year deals in the prior year period, Jue tells investors in a post-earnings research note. He points out, however, that LogMeln's FY16 revenue guidance was raised, suggesting the quarter "may simply be an anomaly." The analyst keeps a Neutral rating on the shares.
February 11, 2016
16:25 EDTLOGMLogMeln sees FY16 non-GAAP EPS $1.70-$1.77, consensus
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16:23 EDTLOGMLogMeln sees Q1 non-GAAP EPS 29c-30c, consensus 38c
Sees Q1 revenue $77.5M-$78.0M, consensus $75.31M.
16:22 EDTLOGMLogMeln reports Q4 non-GAAP EPS 51c, consensus 47c
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February 9, 2016
08:37 EDTLOGMLogMeln weakness creates buying opportunity, says Pacific Crest
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