Verint Systems (VRNT) tops Q3 EPS by 9c, to separate into two independent public companies
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/23/2024
- Futures point to higher open as more earnings roll in
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil falls back after robust EU data as Mideast tensions linger
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- SAP Q1 results fall short of Wall Street estimates as transformation kicks off
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- Apple, PepsiCo, JetBlue fall premarket; Amazon, GM and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
Verint Systems (VRNT) PT Raised to $57 at Needham & Company on Separation Plan
December 5, 2019 7:03 AM ESTNeedham & Company analyst Ryan MacDonald raised the price target on Verint Systems (NASDAQ: VRNT) to $57.00 (from $53.00) while maintaining a Buy rating following mixed Q3 results but a plan to split the business.
The analyst commented, "We are reiterating our Buy rating, while... More
Verint Systems (VRNT) to Resume Trading at 4:35 pm
December 4, 2019 4:09 PM ESTVerint Systems (NASDAQ: VRNT) to Resume Trading at 4:35 pm
... MoreVerint Systems (VRNT) to Separate into Two Independent Publicly Traded Companies
December 4, 2019 4:07 PM ESTVerint® Systems Inc. (NASDAQ: VRNT), today announced that its Board of Directors has unanimously approved proceeding with a plan to separate Verint into two independent companies: one of which will consist of its customer engagement business, and one of which will consist of its cyber intelligence business. Verint expects to complete the separation shortly after the end of Verints next fiscal year ending January 31, 2021.
With our customer engagement business approaching $1 billion in annual revenue and our cyber intelligence business approaching $500 million in annual revenue, we believe the two independent, publicly... More
