Bloomberg's Cory Johnson names some tech companies with heavy European sales exposure. Vasco...

Bloomberg's Cory Johnson names some tech companies with heavy European sales exposure. Vasco Data Systems (VDSI -5.3%) comes in at 66%, Qlik Technologies (QLIK -11.6%) at 59%, EPAM Systems (EPAM -5.1%) at 46%, and Demandware (DWRE -4.4%) at 44%. Informatica (INFA -27.6%) blamed Europe in large part for its giant Q2 warning, though many think other issues are also at play.
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Comments (4)
  • DaLatin
    , contributor
    Comments (1522) | Send Message
    Cory could have said the entire US has EU exposure. At least he should have mentioned big US banks who prey the CDS events don't trigger as Greece goes by by and Spain & Italy lose the fight as there bonds are dropping an rates getting unmanageable.


    I'm downgrading Obama Ben & Tim G.... Obama wanted hope an change and even with dollar rally it's still worth only 80 cents from his 1st day on job. 80 cents is change by definition !
    6 Jul 2012, 06:10 PM Reply Like
  • untrusting investor
    , contributor
    Comments (9903) | Send Message
    So far, 94 of the companies in the Standard & Poor's 500-stock index (SPX) have made negative earnings announcements for the second quarter. That compares with 26 positive announcements, according to Thomson Reuters data as of June 29.
    6 Jul 2012, 06:28 PM Reply Like
  • DaLatin
    , contributor
    Comments (1522) | Send Message
    UI, isn't that always the game. Don't they pre-announce and hope the analynuts cut estimates low enough to beat when they release ! That lets the smart ones out.. Were heading towards a double dip and bulls refuse to see consumers deleveraging and new jobs not keeping pace with population. This lets retailers an services keep the job force the same or even reduce.
    6 Jul 2012, 06:33 PM Reply Like
  • into dark shadows
    , contributor
    Comments (483) | Send Message
    Dont forget PCLN, if I am not mistaken,
    dont they generate a sizable amount of cash from Europe also?
    Just saying....


    Massive H&S topping pattern.
    Just check out the weekly NYSE chart and you'll see it plain as day!
    Throw in a few moving averages 10 / 25 /50, play around a it,
    but it sure ain't pretty!


    Market goes lower,
    quite a bit lower.
    6 Jul 2012, 06:32 PM Reply Like
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