S&P Downgrades TIBCO to Sell On Financial Services Exposure


 
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Old 09-18-2008
S&P Downgrades TIBCO to Sell On Financial Services Exposure

Tim Bass
09-18-2008 11:15 AM
Standard & Poor's analyst Zaineb Bokhari cut her rating on TIBCO Software (TIBX) to Sell from Hold. Bokhari referenced TIBCO's relatively high exposure to financial services and telecom companies and dependence on large deals. Bokhari noted that TIBCO will report Aug 2008 quarter results on September 25. She estimates revenue of $154 million and an operating EPS of 6 cents. For the November 2008 fiscal year, she cut his sales forecast to $650 million from $663 million, with EPS dropping 2 cents to 34 cents. For FY ‘09, Bokhari drops another penny to 44 cents. Bokhari cuts her target price on TIBCO stock to $6.50, from $8.



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Locale::Maketext::Extract::Run(3pm)			User Contributed Perl Documentation		       Locale::Maketext::Extract::Run(3pm)

NAME
Locale::Maketext::Extract::Run - Module interface to xgettext.pl SYNOPSIS
use Locale::Maketext::Extract::Run 'xgettext'; xgettext(@ARGV); COPYRIGHT
Copyright 2003-2008 by Audrey Tang <cpan@audreyt.org>. This software is released under the MIT license cited below. The "MIT" License Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the "Software"), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions: The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE. perl v5.14.2 2011-02-11 Locale::Maketext::Extract::Run(3pm)