Open Text Corp. (OTEX) is up 6% late Friday, getting a boost from late-Thursday earnings. But the software company also said it is filing a shelf registration statement on Form S-3 (the Shelf Registration Statement) with the U.S. Securities and Exchange Commission (SEC), which becomes effective automatically. Filing of the Shelf Registration Statement is in…
Twitter Inc. (TWTR) is a late-Friday decliner, subject of a few closely followed, mostly negative investing blogs previewing the social media stock’s earnings due out next week. Twitter will release its Q1 results on April 29. The stock is down roughly 30% since its last earnings release. On Seeking Alpha, a contributor says: “Analyst expectations…
Digi International (DGII) shares were down nearly 14% late Friday, after the networking hardware provider missed with Q2 revenue and disappointed with Q3 and full-year guidance. Its Q2 earnings did beat Street expectations. Revenue was $45.9 million for Q2 2014, compared with $48.2 million for Q2 2013. Net income was $0.7 million, or $0.03 per…
E2open (EOPN) shares are down more than 10% Friday after the cloud-based software provider missed Q4 earnings and revenue in a report out late Thursday. EOPN reported a loss of $0.23 per share for the quarter ended February 28, 2014, missing estimates for a loss of $0.14, but better than the loss of $0.28 reported…
Apple Inc. (NASDAQ:AAPL) and Google have settled a lawsuit in which they were charged with colluding to hold down salaries by agreeing not to poach each other’s staff. Apple Inc. (NASDAQ:AAPL) stock performance was 8.20% in last session and finished the day at $567.77. Traded volume was 4,172.00million shares in the last session and the…
Nokia Corporation (ADR) (NYSE:NOK), which is set to close the sale of its phone business to Microsoft, will on April 29 name Rajeev Suri as its next CEO and outline its new strategy with a focus on its networks equipment business. Nokia Corporation (ADR) (NYSE:NOK) finished the day at $7.30. Traded volume was 18.35million shares…
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