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Compuware Corporation (Nasdaq: CPWR), the technology performance company, today announced that its board of directors has approved the distribution of all of its equity interest in Covisint (Nasdaq: COVS) to Compuware...
Chief Security Officer to Participate on Panel Discussion, Highlighting Applicability of Best Practices From Other Industries' Standardization Initiatives
Activist shareholder Elliot Management, which took two board seats in January, supports the buyout.
Chief Security Officer to Detail Laws to Follow for Maximizing Investment With Cloud Security and Efficiency
Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased Covisint Corporation ...
Law Offices of Howard G. Smith reminds investors that purchasers of the common stock of Covisint Corporation (“Covisint” or the “Company”) (NASDAQ:COVS), who purchased shares pursuant and/or...
Cloud-Based Platform Provider Adds Perficient to Partner Network
Leading Healthcare Technology Services and Solutions Provider to Deliver Covisint Cloud-Based Platform Consulting and Services
Insiders at these companies have been scooping up shares of their own stock lately.
When a stock makes a large-percentage move, it is often just the start of a new major trend -- a trend that can lead to huge profits.
Covisint (COVS) plunged to a one-year low of $7.60 on Thursday after the information technology company guided fourth-quarter revenue below consensus. Covisint announced its preliminary fourth-quarter results and said it expects revenue in the range of $24 million to $25.5 million, which is short of the consensus estimate of $27.5 million. The company expects subscription revenue between $17 million and $18 million and services revenue between $7 million and $7.5 million. The company also announced the appointment of Sam Inman as interim CEO.
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