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chmcnfunds

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chmcnfunds

Re: chmcnfunds post# 17

Friday, 04/26/2013 9:23:58 AM

Friday, April 26, 2013 9:23:58 AM

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Tibco (TIBX) +1.5% after announcing a new $300M buyback program, increasing the...

Friday, April 26, 9:10 AM ET

Tibco (TIBX) +1.5% after announcing a new $300M buyback program, increasing the middleware/analytics software vendor's total authorization to $375.8M (12% of shares at current levels). The announcement comes with Tibco trading near its 52-week low after missing FQ1 revenue estimates and issuing light FQ2 guidance last month. Peers Informatica and Qlik delivered market-pleasing Q1 reports yesterday afternoon.

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