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FactSet Research (FDS) plunged 9% in massive volume

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gfp927z   Tuesday, 06/12/12 02:37:31 PM
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FactSet Research (FDS) plunged 9% in massive volume after reporting that Q3 revenue rose 10% to $202.3 million, a shade below the $202.9 million analysts expected. EPS rose 13% to $1.05 — a penny above estimates. The company's earnings guidance was at the low end of analysts' forecasts while its revenue guidance was below views.

The stock pierced its 50-day moving average and briefly sank below its 200-day line before rebounding above the key support level.

http://news.investors.com/article/614527/201206121212/stocks-gains-accelerate-at-midday-in-mixed-volume.htm?ven=yahoocp,yahoo





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