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Wednesday, Feb 27
In spite of a market rally, Teradata (TDC -3.4%) slumped for the second day in a row. The...
In spite of a market rally, Teradata (TDC -3.4%) slumped for the second day in a row. The apparent culprit: a somewhat downbeat presentation from CFO Stephen Scheppmann on Tuesday at a Morgan Stanley conference (transcript). Though Teradata's pipeline is solid, the company isn't seeing U.S. customers commit to $10M+ deals, Scheppmann stated. He insisted Teradata is mostly still competing with traditional data warehousing rivals IBM and Oracle, rather than analytics upstarts such as SAP (Hana) and EMC (Greenplum).