InvestorsHub Logo
Followers 87
Posts 33374
Boards Moderated 87
Alias Born 03/22/2005

Re: None

Tuesday, 06/12/2012 2:37:31 PM

Tuesday, June 12, 2012 2:37:31 PM

Post# of 104
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



Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.