IHS (IHS) Buys Invention Machine for $40M; Raises FY12 Sales Outlook
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Price: $8.36 --0%
Financial Fact:
Interest expense: -27.24M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
Interest expense: -27.24M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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IHS (NYSE: IHS) has acquired Invention Machine for approximately $40 million.
The company raised its FY12 sales guidance from $1.53-$1.58 billion to $1.548-$1.598 billion, which compares to the Street estimate of $1.56 billion, and maintained its EPS estimate of $3.88-$4.01.
The company raised its FY12 sales guidance from $1.53-$1.58 billion to $1.548-$1.598 billion, which compares to the Street estimate of $1.56 billion, and maintained its EPS estimate of $3.88-$4.01.
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