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Citi Skeptical On HP's Radical Shift In Its Supplies Pricing Model
Wednesday, June 22, 2016 - 1:37pm | 392Jim Suva of Citi is skeptical on HP Inc (NYSE: HPQ)'s radical shift in its supplies promotional pricing model; he maintains his Neutral rating on the stock. In its supply pricing, HP is moving "from a push model to a demand-driven pull-in model," combined with compensation/incentive changes to "...
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Open Text Agrees To Acquire Actuate For $6.60 Per Share
Friday, December 5, 2014 - 10:30am | 218Open Text Corporation (USA) (NASDAQ: OTEX) announced on Friday that it has agreed to acquire Actuate Corp (NASDAQ: BIRT) for $6.60 per share, valuing the company at $330 million. Shares of Actuate closed Thursday at $3.50. Open Text will commence a tender offer for all outstanding shares...