The growth is just getting started at Biogen Idec (NASDAQ: BIIB ) . OK, so it’s been ongoing for quite some time, but it certainly isn’t about to end anytime soon. The company recently launched Tecfidera for multiple sclerosis in the United States, completed three regulatory filings, is expecting three market launches in 2014, and has major trials releasing data […]
While the closing print on the U.S. indexes were near unchanged it was a disappointing day in the lens of a big gap up in the morning that was sold off. The S&P 500 fell 0.03% while the NASDAQ gained 0.11%. Retail sales data for April was flat, with the ex-autos figure up just 0.1 percent, below estimates of a […]
Submitted by David Stockman via Contra Corner blog,Surveying the Fed’s handiwork during last week’s press conference, Janet Yellen noted that all was awesome except that stocks were now slightly “on the high side” of their historical range. You can say that again!In fact, you can say that any one capable of uttering such tommyrot has been totally bamboozled by Wall […]
Related NICEImperial Capital Rates Raft Of Security Companies At Mostly OutperformWedbush Remains Positive On NICE Systems After Management MeetingsIn a report published Tuesday, JMP Securities analyst Greg McDowell downgraded the rating on Nice-Systems Ltd. (ADR) (NASDAQ: NICE) from Market Outperform to Market Perform, and removed the $58.00 price target.In the report, JMP Securities noted, “We are downgrading NICE Systems to […]
SummaryThe last straw for investors concerned about slowing growth and margin compression may have been the recent doubling of the authorized share count in connection with a recently failed acquisition.
Authorized shares are not the same as actual shares; concerns are overplayed given the recent top line growth, stable gross margins and the highest EBITDA in company history.
The fact that management […]
Total revenue growth remained strong, at 51.9% year over year to $101.5 million, 9.7% ahead of our forecast. Splunk doubled the license capacity for entry-level customers and lowered the price of Splunk Cloud by 33% during the quarter, helping to drive sales growth and keep the company apace with new competitors. We view these pricing moves as responses to customer […]
Verint Systems, Inc. (VRNT), the software applications provider, is up 39% year-to-date. The share price formed a base above $25 during 2011 and 2012 and is now heading towards the $50 level. Verint is in the Enterprise Intelligence and Communications Intelligence business, Big Data.VRNT data by YChartsUnlike its peer, Splunk Inc (SPLK), Verint is priced reasonably. I estimate that it […]