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Stock Market & Financial Investment News

News Breaks
July 11, 2014
06:47 EDTOTEXOpen Text downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital downgraded Open Text to Sector Perform due to valuation and said further upside requires hard to achieve forecasts of margin expansion, organic growth and a high sustained historic multiple. The firm adds the company is less likely to make an acquisition near-term given leverage, removing a catalyst. Price target lowered to $55 from $60.
News For OTEX From The Last 14 Days
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July 31, 2014
12:29 EDTOTEXOn The Fly: Midday Wrap
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11:20 EDTOTEXHigh option volume stocks:
High option volume stocks: AMRN EWT HIMX PTEN URBN MTW VPRT MTH OTEX ZLTQ
10:02 EDTOTEXOn The Fly: Analyst Upgrade Summary
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09:26 EDTOTEXOn The Fly: Pre-market Movers
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07:44 EDTOTEXOpen Text upgraded at Credit Suisse
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06:45 EDTOTEXOpen Text upgraded to Outperform from Neutral at Credit Suisse
July 30, 2014
16:12 EDTOTEXOpen Text pops following results, first look
In after hours trading the shares are up 5.8% to $51.30 following earnings. At that price next resistance is at $52.86, the 52-week high. Support is at $49.76.
16:10 EDTOTEXOpen Text names John Doolittle as CFO
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16:09 EDTOTEXOpen Text reports Q4 EPS $1.05, consensus 94c
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July 29, 2014
11:37 EDTOTEXHigh option volume stocks
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