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Teradata (TDC) Whacked On Informatica Warning

July 6, 2012 9:57 AM EDT Send to a Friend
Teradata Corporation (NYSE: TDC) is getting taken to the woodshed today following a warning from rival Informatica (Nasdaq: INFA).

Informatica now sees Q2 sales of $188-$190 million, which compares to the Street estimate of $217.15 million. EPS will be in the range of 27-28 cents, which compares to the Street estimate of 37 cents.

Shares of TDC last traded at $65.45, down 9.9 percent.




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