Informatica Falls Short of Q2 Estimates for 2-Year Low



Reuters reports, owing to uncertainty in Europe and delayed contracts, data integration company Informatica Corp. (INFA.O) went from buy to hold today as its stock plummeted 35% to a 2-year low. Informatica consolidates data for companies between systems and users, and saw inconsistent growth since the second quarter of 2011, Deutsche Bank says. Along with news of delayed contracts, a result of the turmoil in Europe, Informatica's Q2 revenue of $188-190 million stops far short of analysts' estimates of $217.2 million. Informatica's price target dropped from $53 to $35.

Air Canada Embraer ERJ-190-100 [C-FHKS] Landing LAX Air Canada Embraer ERJ-190-100 [C-F..

Air Canada Embraer ERJ-190-100IGW 190AR Landing at the Los Angeles Internat...
BHP Billiton To Close Its Norwich Park Metallurgical Coal Mine BHP Billiton To Close Its Norwich P..

BHP Billiton (NYSE:BHP) said it will close its loss incurring Norwich Park ...
Sony Unveils New Playstation 3 Model Sony Unveils New Playstation 3 Mode..

Waiting for that Playstation 4 to come out? Well how about a slimmer Playst...
What to Watch: August 30, 2012 What to Watch: August 30, 2012..

From Fnno.com, this is the Financial News Network. Here's a few things to w...
What's In The News: February 4, 2013 What's In The News: February 4, 201..

From Fnno.com, This is the financial news network. Here's what's in the new...
EN57 AL-1531 EN57 AL-1531..

Turbowucet nocą
Baumann Seitenstapler im Holzeinsatz Baumann Seitenstapler im Holzeinsat..

6-t-Seitenstapler beim Beschicken einer Trockenkammer. Ausführlicher Beric...
EU07-523 PKP Cargo EU07-523 PKP Cargo..

Taki rodzynek nas odwiedził :)
Baidu and Apple Reach Agreement on Ad Sales Baidu and Apple Reach Agreement on ..

Chinese search engine company, Baidu, said Apple will be entitled to a shar...
DuPont Earnings Beat Street; Net Profit Falls DuPont Earnings Beat Street; Net Pr..

DuPont (NYSE:DD) announcing its fourth quarter earnings, seeing EPS of 11 c...
Nokia and Rovio Sign App Partnership for Lumia Nokia and Rovio Sign App Partnershi..

Just after the news Rovio might be planning on an initial public offering, ...
Steelcase Shares Fall 9% on Friday Steelcase Shares Fall 9% on Friday..

Shares of Steelcase (NYSE:SCS) fell 9% Friday morning after posting earning...
Cargolux Boeing 747-8F Sunset Landing SEA Cargolux Boeing 747-8F Sunset Landi..

How ironic! It seems like you guys requested AA of my videos! Yes, ALL of t...
China Airlines Cargo Boeing 747-409F/SCD [B-18721] Close-Up Takeoff LAX China Airlines Cargo Boeing 747-409..

China Airlines Cargo Boeing 747-400F Taking Off at the Los Angeles Internat...

Powered By PeaceNic Names Registry System

Copyright © 2012 ASLCCF.com

-----------------------------------------------------------------------------------------

INBOX.PK    IUNN.ORG  IPNN.ORG  UrduNewsRoom.com   ALQAIM.TV   PEACEDIGITAL.TV   PeaceWorldNews.com