
(Reuters) - Digital River Inc said it extended an e-commerce deal with Microsoft Corp , its largest customer, by five months to March 1, 2014, sending its shares up 7 percent in afternoon trade.
* Reiterates FY rev $402 mln to $409 mln vs est $405.6 mln
first-quarter profit on Thursday, as spending weighed on its disability and life coverage segment, but the company raised its full-year profit outlook. Cigna expects an increased profit from its main healthcare segment for 2012, helping driv
By IPOdesktop : Based in the Cayman Islands with operating companies in China and revenue sources in the U.S., Acquity Group (proposed AQ) scheduled a $50 million IPO with a market capitalization of $212 million at a price range mid-point of $9 per ADS for Friday, April 27, 2012. One ADR represents
By Kapitall : Do you follow the buying and selling trends of smart money investors? What if they disagree with the rest of the market? We ran a screen on the tech sector for stocks that are outperforming the rest of the market, with quarterly performance above 20%. We then screened these names for
Digital River ( DRIV ) +4.3% AH after George Soros discloses he has taken a 7.98% stake in the e-commerce services provider, via the purchase of 2% convertible debt due 2030. Post your comment!
Soros Fund reports 7.98% passive stake in Digital River . Post your comment!
Digital River ( DRIV -4.7% ) slips after RBC Capital downgraded the stock to Sector Perform, citing concerns over its evolving business model and an inconsistent growth profile. Post your comment!
More on Digital River 's Q4 : In spite of the strong Q4 beat, the company expects Q1 revenue of $99M ..... above a Street forecast of $1.21. $29.7M in shares were repurchased in Q4. DRIV +7.8% AH. ( PR ) Post your comment!
Digital River ( DRIV ): Q4 EPS of $0.45 beats by $0.12 . Revenue of $112M (+14.7% Y/Y) beats by $8M . Shares +7.5% AH.( PR ) Post your comment!