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Stock Market & Financial Investment News

News Breaks
January 11, 2013
13:35 EDTCMVT, VRNTVerint says received favorable ruling from IRS for Comverse merger
Verint Systems (VRNT) says in an 8-K filing that on January 9, it received a favorable private letter ruling from the U.S. Internal Revenue Service with respect to the previously announced merger of Comverse Technology (CMVT) with and into a wholly owned subsidiary of Verint pursuant to the Agreement and Plan of Merger, dated as of August 12, 2012, among Verint, CTI, and Merger Sub. The ruling provides that, based on the information submitted to the IRS and the representations set forth in the letter, the merger will qualify as a tax-free reorganization within the meaning of Section 368(a)(1)(A) of the Internal Revenue Code of 1986.
News For VRNT;CMVT From The Last 14 Days
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March 25, 2015
18:33 EDTVRNTOn The Fly: After Hours Movers
UP AFTER EARNINGS: Red Hat (RHT), up 4.6%... Five Below (FIVE), up 5.5%. ALSO HIGHER: Pernix Therapeutics (PTX), up 2.4% after being initiated with an Outperform at Oppenheimer. DOWN AFTER EARNINGS: Verint Systems (VRNT), down 2.3%... Pacific Sunwear (PSUN), down 5.9%. ALSO LOWER: Sucampo (SCMP), down 9.5% after filing to sell Class A common stock for holders... FutureFuel (FF) down 8% after "significant adverse impact" of P&G pact termination... Genesee & Wyoming (GWR), down 1.3% after lowering first quarter revenue guidance.
16:12 EDTVRNTVerint Systems sees FY15 EPS $3.55-$3.75, consensus $3.76
Sees FY15 revenue $1.2B-$1.25B, consensus $1.25B.
16:09 EDTVRNTVerint Systems reports Q4 EPS $1.19, consensus $1.15
Reports Q4 revenue $311.7M, consensus $314.86M.
March 19, 2015
08:31 EDTVRNTVerint Systems selected by cruise company
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