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

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8/31/2012 9:10 AM ET

What makes these stocks interesting?

Data analysis company Splunk Inc. (SPLK: Quote) 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.

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Scientific, engineering, and technology applications company SAIC Inc. (SAI: Quote) 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.

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Aetna (AET: Quote) 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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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
There was a mixed performance on Wall Street on Friday. Shares suffered an early decline, as investors continued to express worries about the Federal Reserve. A recovery through the rest of the day allowed the Dow to edge into positive territory by the close. The Nasdaq and S&P 500 posted fractional losses. Stocks have shown a notable move to the downside in early trading on Friday amid lingering concerns about the outlook for the Federal Reserve's asset purchase program. The major averages have slid firmly into negative territory, adding to the modest losses posted in the previous session. The major averages are currently posting notable losses, near their lows for the young session. After reporting a sharp drop in new orders for manufactured durable goods in the previous month, the Commerce Department released a report on Friday showing that durable goods orders rebounded by more than anticipated in the month of April. The report said durable goods orders surged up by 3.3 percent in April after tumbling by a revised 5.9 percent in March.
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