New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 10, 2014
09:09 EDTWDAYWorkday shares should be bought ahead of results, says Pacific Crest
Pacific Crest remains upbeat on Workday's opportunities in the financial software market, and continues to expect the company to grow 55% this year.
News For WDAY From The Last 14 Days
Check below for free stories on WDAY the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 13, 2014
10:01 EDTWDAYOn The Fly: Analyst Initiation Summary
Subscribe for More Information
August 12, 2014
16:06 EDTWDAYWorkday initiated with a Buy at Cantor
Subscribe for More Information
August 11, 2014
11:33 EDTWDAYWorkday rises after reportedly winning record deal with McDonald's
Shares of cloud-based human capital management solution provider Workday (WDAY) are rising after the company is said to have won a deal with global fast food giant McDonald's (MCD) that would be the biggest in its history. WHAT'S NEW: JMP Securities analysts Patrick Walravens and Peter Lowry wrote in a note to investors this morning that the firm's checks indicate that Workday was awarded the human capital management business at McDonald’s, which the analysts said could be the biggest deal in the company’s history. The firm increased its estimate for Workday's Q2 billings to $185M from $182M, noting that both are above the company's guidance of $180M in billing for Q2. JMP maintains its Market Outperform rating and $126 price target on Workday, but the analysts noted that they like the stock over the longer-term, citing its market leading position in the Software-as-a-Service Enterprise Resource Planning space, which is set to triple from 2013 to 2020. PRICE ACTION: In late morning trading, shares of Workday gained $2.43, or 2.9%, to $86.34.
06:49 EDTWDAYWorkday won human capital business at McDonald's, says JMP Securities
JMP Securities says its due diligence indicates Workday (WDAY) won the human capital management business at McDonald's (MCD). JMP believes the contract could be the biggest deal in Workday's history and it raised its Q2 billings estimate to $185M from $182M. The firm keeps an Outperform rating on Workday with a $126 price target.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use