Teradata Corp. (TDC) Tops Q2 EPS by 11c; Updates FY16 EPS Outlook
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Mizuho Securities Remains Sidelined on Teradata Corp. (TDC) Following 2Q
August 3, 2016 7:43 AM EDTMizuho Securities reiterated a Neutral rating on Teradata (NYSE: TDC), and raised the price target to $28.00 (from $24.00), following the company's 2Q Earnings report. The company reported total revenues of $564mm vs. the consensus of $554mm. EPS of $0.71 was ahead of consensus of $0.60.
Analyst... More
Teradata (TDC) PT Raised to $32 at Cowen on 'Solid' Q2
August 2, 2016 3:02 PM EDTCowen analyst J. Derrick Wood reiterated an Outperform rating and raised his price target on Teradata (NYSE: TDC) to $32.00 (from $30.00) following a "solid" quarter.
Wood commented, "TDC reported modest rev upside and impressive op margins as cost cuts took greater hold. While mgmt... More
Teradata Corp. (TDC) to Eliminate COO Position
August 1, 2016 5:15 PM EDTTeradata Corp. (NYSE: TDC) disclosed the following on Monday:
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously announced, Teradata Corporation (the Company or Teradata) is in the process of executing a business transformation of the Company and recently completed the sale of its marketing applications business to an affiliate of Marlin Equity Partners (Buyer) as part of that transformation. In connection with these efforts, the Company has implemented a new organizational model, and Teradatas Board of Directors (the Board) has determined... More
