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Interesting Stocks To Watch - August 31: SPLK, SAIC, AET

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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What makes these stocks interesting?

Data analysis company Splunk Inc. (SPLK) reported a narrower-than-expected loss, and higher revenues that topped the Street analysts' view.

- Sees Q3 revenues in the range of $45 mln - $47 mln. Consensus - $44.66 mln.

- Lifts FY13 revenue target to $183 mln - $186 mln from prior guidance of $174 mln - $177 mln. Consensus - $178.28 mln.

***

Scientific, engineering, and technology applications company SAIC Inc. (SAI) reported a 10% growth in second-quarter revenues, and issued fiscal 2013 revenue guidance of $10.9 billion - $11.4 billion, while analysts expect $10.90 billion in revenues.

- Expects FY13 EPS from cont. ops. In the range of $1.26 - $1.36. Consensus - $1.34/Shr.

- Plans to separate SAIC into two independent, publicly traded companies.

***

Aetna (AET) and WellStar Health System of Marietta, Ga. Entered into an agreement on a multiyear contract extension. As per the agreement, members of Aetna's commercial plans will be able to continue to receive covered services, at in-network rates, from WellStar's hospitals and physicians in the greater Atlanta area.

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