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Stockreport

SoftwareOne Shares Tumble to Record Low After Guidance Cut [Yahoo! Finance Canada]

Microsoft Corporation (MSFT)  More Company Research Source: Yahoo! Finance Canada
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
(Bloomberg) -- SoftwareOne Holding AG shares plunged almost 40% after the Swiss company cut guidance for a second time in three months and reported lower-than-expected revenue. Most Read from Bloomberg The drop erased about 800 million Swiss francs ($925 million) of market value, with investors also unsettled by the departure of Chief Executive Officer Brian Duffy, little more than a year after he joined the firm. Duffy has decided to take on a new opportunity in the US, SoftwareOne said in a statement. He is replaced by Raphael Erb, a company veteran of more than 25 years. “We have some homework to do and there are some market issues as well, so honestly it will take some time,” Erb said on a conference call Thursday. Also weighing on the tech industry was investors' frosty reaction to Microsoft Corp. results. SoftwareOne is among the largest resellers of Microsoft software licenses, advising companies on purchases. Erb, who steps up from the role of chief revenue office [Read more]
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Stockreport

SoftwareOne Shares Tumble to Record Low After Guidance Cut [Yahoo! Finance Canada]

Microsoft Corporation  (MSFT) 
More Company Research Source: Yahoo! Finance Canada
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
(Bloomberg) -- SoftwareOne Holding AG shares plunged almost 40% after the Swiss company cut guidance for a second time in three months and reported lower-than-expected revenue. Most Read from Bloomberg The drop erased about 800 million Swiss francs ($925 million) of market value, with investors also unsettled by the departure of Chief Executive Officer Brian Duffy, little more than a year after he joined the firm. Duffy has decided to take on a new opportunity in the US, SoftwareOne said in a statement. He is replaced by Raphael Erb, a company veteran of more than 25 years. “We have some homework to do and there are some market issues as well, so honestly it will take some time,” Erb said on a conference call Thursday. Also weighing on the tech industry was investors' frosty reaction to Microsoft Corp. results. SoftwareOne is among the largest resellers of Microsoft software licenses, advising companies on purchases. Erb, who steps up from the role of chief revenue office [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MSFT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS