Open Text Corporation (USA) (NASDAQ:OTEX) Streamlines Business
By BenzingaStaff3
November 06, 2009 10:25 AM
November 06, 2009 10:25 AM
Posted in: Intraday Update, Trading Ideas
Open Text Corporation (USA) (NASDAQ: OTEX) is currently trading at $38.10, down 0.20%. The company yesterday released its 2010 products roadmap and also plans to seize opportunities and control its cost. Open Text also plans to enhance its productivity and user experience.
Inspite of the downfall in the economy, Open Text plans to add more tools to improve its business performance further.
Moreover, analysts expect OTEX earnings to increase by around 13.75%. In the current fiscal, the stock gained 26%.
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