Tuesday, September 11, 2012

Stock Alert - Tibco (TIBX -8.1%) tumbles on a downgrade to Hold- 9/11/12

Tibco (TIBX -8.1%) tumbles on a downgrade to Hold from ThinkEquity's Yun Kim. Kim says his checks indicate Tibco might be planning major job cuts, something that could have negative implications for the middleware vendor's growth and execution. Tibco's FQ3 report arrives on Sep. 20.

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