Tibco Bucks Tech Downswing, Rising 5.2% After Beating Estimates

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Tibco Software (TIBX) defied the morning tech swoon, rising 5.2% in early trading after a strong earnings report Tuesday evening. The e-business software company said it earned 10 cents per share in the fourth quarter, beating the Street's 8-cent estimate and the year-ago break-even result. The company is majority-owned by Reuters (RTRSY) . Reuters was down 2.4%.