ICF International Awarded NIH Task and 3 Stocks Falling to 52-Week Lows
Caesars Entertainmen (NYSE:CZR): Macau’s gambling revenue had a weaker-than-expected increase of 12.3 percent during September reaching $2.99 billion, stated the Macau government. This is the second weakest revenue figure of the year, Reuters reports. The shares closed at $6.32, up $0.09 or 1.44% on the day. They have traded in a 52-week range of $6.12 to $17.90.
Hewlett-Packard Comp (NYSE:HPQ) CEO Whitman claims that he’s ‘very comfortable’ with the make-up of the board. The shares closed at $14.94, up $0.03 or 0.2% on the day. They have traded in a 52-week range of $14.85 to $30.00.
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Icf International (NASDAQ:ICFI) was awarded a task order beneath the National Institutes of Health multiple-award Indefinite Delivery Indefinite Quantity contract Chief Information Officer – Solutions and Partners 3. The task order is worth $45 million and has term of three years. The contract requires ICF to keep providing support for biomedical, health, and disaster information management services. The shares closed at $19.05, down $1.13 or 5.6% on the day. They have traded in a 52-week range of $18.69 to $29.22.
Informatica Corp. (NASDAQ:INFA): CEO Sohaib Abbasi stated: “While overall customer demand for our products increased from Q2 to Q3 of 2012, most of our revenue shortfall in Q3 was in Europe, where we fell well short of our own expectations. Despite improving operational results in the U.S. and Asia Pacific relative to our Q2 of 2012 results, the disappointing European results reflect continued operational challenges that we are taking aggressive steps to address. Under our new worldwide sales leader, we remain focused on implementing the changes necessary to pursue our market opportunity.” CFO Earl Fry commented: “As we have previously stated, our tax rate is very sensitive to the geographic mix of business.” The shares closed at $26.03, down $7.6 or 22.6% on the day. They have traded in a 52-week range of $27.23 to $54.49.
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