Corelogic to Divest Asset Management and Processing Solutions Segment

CoreLogic (NYSE: CLGX) announced that intends to divest its Asset Management and Processing Solutions segment, the area of its business that offers services to banks that allow them to handle their portfolio of foreclosed properties. The segment will now be classified as held for sale, and the company will take a noncash impairment charge of $52 million. The announcement is not a major surprise. Management … Continue reading Corelogic to Divest Asset Management and Processing Solutions Segment

Ryan Holtz02/2302/23

news

Cyberonics Posts Lower Than Expected Revenue in Quarter

Thursday morning, Cyberonics reported mixed fiscal third-quarter results, with revenue a bit softer than expected, while earnings per share exceeded estimates. Despite the revenue shortfall, management maintained its full-year sales guidance and lifted its earnings guidance for fiscal 2014 (ending in April), which signals management’s confidence in the underlying business. In addition, the company received approval for its AspireSR product in Europe, which is a … Continue reading Cyberonics Posts Lower Than Expected Revenue in Quarter

Richard Atkins02/2102/21

news

Neurala Software Enables Visitors To Drive a Robot On Mars at Boston Museum Of Science

New Hands-On Robotics Activity Premieres Today In Celebration of Computer Science Education Week Read More >> Continue reading Neurala Software Enables Visitors To Drive a Robot On Mars at Boston Museum Of Science

John Meady02/1401/30Leave a comment

news, Software

Trip Advisor Posts Solid Numbers in Quarter

Trip Advisor (TRIP) reported solid 4Q earnings with rev. 3% above our estimate, helped by strength in Display (46% y/y) and Other (53% y/y). Adj. EBITDA was 1% below consensus and 9% below our forecast largely due to higher than expected TV ad spend, which we believe was amplified in the quarter as the company sought to test and refine within the somewhat new channel. … Continue reading Trip Advisor Posts Solid Numbers in Quarter

John Meady02/1202/12

Diversified Tech, news, Tech IPO

InterActiveCorp Set to Report Q4 Earnings

InterActiveCorp is set to report 4Q13 results tomorrow before the market opens. Shares have risen steadily following soft 3Q Search results as a company-wide reorganization in December sparked expectations of a pending Match.com spin-off. We do not currently anticipate a spin announcement tomorrow, the absence of which could drive shares lower despite extremely low fundamental expectations, particularly regarding Search. However, even using conservative assumptions with … Continue reading InterActiveCorp Set to Report Q4 Earnings

John Meady02/1202/12