Verint Systems (VRNT) PT Cut at Imperial Capital Post Q3; ‘Outperform’ Maintained

Notable 52-Week Highs and Lows 12/3: (DYAX) (KR) (PLAB) Higher; (CHK) (VMEM) (PVH) Lower

52-Week High:Dyax Corp. (Nasdaq: DYAX) $37.50. Dyax Corp. announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, applicable to its proposed acquisition by Shire Pharmaceuticals International, an indirect wholly-owned subsidiary of Shire plc, was terminated by the United States Federal Trade Commission on December 2, 2015. Dyax appreciates the FTCs cooperation and its prompt review.

The Kroger Co. (NYSE: KR) $40.33. Kroger reported Q3 EPS of $0.43, which was $0.04 better than the analyst estimate of... More

Unusual 11 Mid-Day Movers 12/3: (PBMD) (DEST) (DYAX) Higher; (ATVI) (VMEM) (ABGB) Lower

Acorn International, Inc. (NYSE: ATV) 30.4% LOWER; pulling back following a strong move higher on Tuesday's trading session.

Violin Memory (NYSE: VMEM) 28.2% LOWER; reported Q3 EPS of ($0.19), $0.01 worse than the analyst estimate of ($0.18). Revenue for the quarter came in at $12.5 million versus the consensus estimate of $17.23 million. The Company also announced today that its Board of Directors has authorized the exploration of strategic alternatives to enhance shareholder value and has retained the services of an investment... More

Pre-Open Stock Movers 12/03: (ENZN) (PBMD) (PSTG) Higher; (VRNT) (VMEM) (ZFGN) Lower (more...)

PacSun (NASDAQ: PSUN) 27% HIGHER; reported Q3 EPS of ($0.05), versus ($0.03) reported last year. Revenue for the quarter came in at $205.9 million versus the consensus estimate of $197.97 million.

Enzon Pharma (NASDAQ: ENZN)... More

Credit Suisse Downgrades Verint Systems (VRNT) to Neutral

Credit Suisse downgraded Verint Systems (NASDAQ: VRNT) from Outperform to Neutral with a price target of $45.00 (from $60.00).

Analyst M. Nemeroff commented, "F3Q rev missed Street and mgmt. guided F4Q rev/EPS down further, after lowering the bar last qtr. More... More

After-Hours Stock Movers 12/02: (PSUN) (NWY) (FVE) (AVGO) Higher; (VRNT) (VNEM) (P) Lower (more...)

(Updated - December 2, 2015 6:13 PM EST)

PacSun (NASDAQ: PSUN) 55.3% HIGHER; reported Q3 EPS of ($0.05), versus ($0.03) reported last year. Revenue for the quarter came in at $205.9 million versus the consensus estimate of $197.97 million.

New York & Co. (NYSE: NWY) 15% HIGHER; reported Q3 EPS of ($0.05), $0.04 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $219.8 million versus the consensus estimate of $217.18 million.

Verint Systems (NASDAQ: VRNT) 10.4% LOWER;... More

Verint Systems (VRNT) Misses Q3 EPS by 1c

Verint Systems (NASDAQ: VRNT) reported Q3 EPS of $0.78, $0.01 worse than the analyst estimate of $0.79. Revenue for the quarter came in at $284.1 million versus the consensus estimate of $298.77 million.

GUIDANCE:

Verint Systems sees FY2016 EPS of $3.30, versus the consensus of $3.46. Verint... More