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Stock Market & Financial Investment News

News Breaks
March 31, 2014
09:01 EDTOTEXOpen Text seeking infringement damages from Box, Inc. for more than $268M
OpenText advised Box, Inc. on March 30, 2014 that while OpenText seeks preliminary and permanent injunctions halting the sale of Box's products, it otherwise seeks damages exceeding $268M in the patent infringement lawsuit against Box. OpenText also seeks interest, damages for willful infringement, and attorney fees. This information was delivered to Box in response to Box's March 26 demand that OpenText provide the amount of its damages claimed in response to Box's discovery request.
News For OTEX From The Last 14 Days
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January 28, 2015
09:59 EDTOTEXOn The Fly: Analyst Downgrade Summary
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09:15 EDTOTEXOn The Fly: Pre-market Movers
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06:26 EDTOTEXOpen Text downgraded at Credit Suisse
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06:00 EDTOTEXOpen Text downgraded to Neutral from Outperform at Credit Suisse
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January 27, 2015
18:20 EDTOTEXOn The Fly: After Hours Movers
UP AFTER EARNINGS: ABIOMED (ABMD), up 27%... Yahoo (YHOO), up 7.2% after reporting fourth quarter results and that it is planning a tax-free spin-off of remaining Alibaba (BABA) stake... Freescale Semiconductor (FSL), up 10%... Marten Transport (MRTN), up 6%... U.S. Steel (X), up 9.2%... Key Tronic (KTCC), up 4%... Juniper Networks (JNPR), up 4.4%... Western Digital (WDC), consensus 2.6%... Electronic Arts (EA), up 4.8%... VMware (VMW), up 1.7%... AT&T (T), up 1.9%... Apple (AAPL), up 5.1%. ALSO HIGHER: Cirrus Logic (CRUS), up 2.9%, Skyworks (SWKS), up 1.3%, NXP Semiconductors (NXPI), up 1.5%, and Qorvo (QRVO), up 1% following Apple's first quarter results... EMC (EMC), up 2.1% following VMware's fourth quarter results... Alibaba (BABA), up marginally following Yahoo results and tax-free spin-off plans... DOWN AFTER EARNINGS: Ethan Allen (ETH), down 13.1%... EZCORP (EZPW), down 7.1%... International Game Technology (IGT), down 2.9%... Open Text (OTEX), down 4.4%. ALSO LOWER: Synergy Resources (SYRG), down 3.7% after filing to sell $150M of common stock.
16:10 EDTOTEXOpen Text reports Q2 EPS 97c, consensus 97c
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January 16, 2015
09:38 EDTOTEXOpen Text acquires Actuate Corporation
OpenText announced that, through its wholly-owned subsidiary, Asteroid Acquisition, it has successfully completed its acquisition of Actuate Corporation. Actuate hopes to bring powerful analytics to the OpenText portfolio of products that enable customers to analyze and visualize a broad range of structured, semi-structured, and unstructured data.

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