Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

JMP Securities Cuts Informatica

JMP Securities cut its investment recommendation on Informatica (INFA) to market perform from outperform.

Analyst Patrick Walravens continues to like what the company's CEO is doing with the business, but the stock is close to his $12 target and the management announced tepid 2006 earnings per share guidance between 40 cents and 45 cents. He's also concerned that Informatica's backlog was unchanged to slightly down from the second quarter, which he thinks may be attributed to weak sales in Europe and a relatively limited number of big deals closing. He thinks his 2006 pro forma earnings per share estimate is a bit aggressive, and he therefore cut his 50 cents 2006 earnings per share estimate to 46 cents.

blog comments powered by Disqus