Seeking Alpha
 

Comverse Tech Inc # (CMVT)

- NASDAQ
CMVT is defunct.
  • Jan. 14, 2013, 10:13 AM
    Comverse (CMVT +6.9%) jumps on a report Nice Systems is in talks to buy rival Verint, which is 41%-owned by Comverse. The reported $1.5B price tag would give Comverse a $98M gain for its stake relative to Friday's close.
    | Comment!
  • Nov. 30, 2012, 4:16 PM
    The more details that emerge about the H-P/Autonomy debacle, the worse it looks for everyone. Reuters reports former H-P (HPQ) CEO Leo Apotheker was desperate to reach a deal with Autonomy after failing to do so with Comverse (CMVT), Amdocs (DOX), and Tibco (TIBX), and that H-P's bureaucracy and Autonomy's sales culture witnessed a huge culture clash. A Forrester analyst notes Autonomy has long failed to make needed R&D investments, and argues there hasn't been a major release of its flagship IDOL software in over 5 years.
    | 1 Comment
  • Nov. 1, 2012, 12:45 PM
    Midday top 10 gainers: HGSH +78%. WMCO +41%. KSWS +35%. CHC +32%. REDF +26%. GTIV +23%. WNC +22%. IMH +20%. JDAS +17%. NEWP +16%. Midday top 10 Losers: CMVT -48%. DRRX -39%. PTIE -30%. ABMD -30%. FARO -18%. AAWW -17%. FBN -16%. GBX -14%. ZUMZ -14%. EONC -14%.
    | Comment!
  • Sep. 7, 2012, 7:59 AM
    Comverse Technology (CMVT): Q2 EPS of $0.11 beats by $0.03. Revenue of $383.6M (+1.8% Y/Y) misses by $7M. (PR)
    | Comment!
  • Sep. 7, 2012, 12:05 AM
    Notable earnings before Friday’s open: CMVT, KR, LULU
    | Comment!
  • Sep. 6, 2012, 5:30 PM
    Notable earnings before Friday’s open: CMVT, KR, LULU
    | Comment!
  • Aug. 13, 2012, 8:49 AM
    Verint (VRNT) agrees to acquire Comverse Technology (CMVT) in a stock swap deal following the completion of CMVT's previously announced distribution of its telecom business and other assets. The deal would eliminate CMVT's majority ownership in and control of VRNT. CMVT +5.1% premarket.
    | Comment!
  • Jun. 7, 2012, 9:51 AM
    More on Comverse Technology Inc. (CMVT) Q1: CTI shares -5.8% following its across-the-board miss, although net losses did narrow slightly to $53.2M from $59.2M. One bright spot was growth in CTI's BSS customer solution orders. (PR)
    | Comment!
  • Jun. 7, 2012, 9:05 AM
    Premarket gainers: DGIT +5%. DANG +5%. RIO +5%.
    Losers: MOH -25%. MW -19%. NAV -16%. CMVT -10%. PLL -8%. LULU -8%. ABR -6%.
    | Comment!
  • Jun. 7, 2012, 7:46 AM
    Comverse Technology (CMVT): Q1 EPS of -$0.15 misses by $0.24. Revenue of $343.7M (-1.7% Y/Y) misses by $36M. (PR)
    | Comment!
  • Jun. 7, 2012, 12:05 AM
    Notable earnings before Thursday’s open: CMVT, LULU, NAV, SJM
    | Comment!
  • Jun. 6, 2012, 5:30 PM
    Notable earnings before Thursday’s open: CMVT, LULU, NAV, SJM
    | Comment!
  • Apr. 3, 2012, 10:46 AM
    Comverse Technologies (CMVT): FQ4 EPS of $0.14 misses by $0.02. Revenues of $405.5M (-6% Y/Y) miss by $21.9M. Shares -3.5%. (PR)
    | Comment!
  • Jan. 12, 2011, 9:08 AM
    Comverse Technology (CMVT.PK) is likely to pursue a sale of its Verint Systems (VRNT.PK) subsidiary in a deal that could fetch $2B, WSJ reports. Comverse, which for years has been tangled up in an options backdating scandal, has a few more financial statements to file to comply with regulatory requirements; it is then expected to look for potential buyers.
    | Comment!
  • Nov. 23, 2010, 2:48 PM
    Former Comverse Technology (CMVT.PK -3.5%) CEO Jacob Alexander will pay $54M to settle U.S. government charges for backdating stock options. However, Alexander still fights extradition from Namibia, and troubled Comverse awaits a buyer for at least part of its business.
    | Comment!
Visit Seeking Alpha's
Company Description
Currently, there's no company description for CMVT.