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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
Design software maker Autodesk, Inc. (ADSK) Thursday reported a 30 percent decline in earnings from last year, hurt by lower revenue and weaker margins. The company's quarterly earnings per share, excluding items, came in below analysts' expectations as did its quarterly revenue. At the same time,... Struggling PC maker Dell Inc. said Thursday after the markets closed that its first quarter profit dropped 79% from last year, as revenue declined and margins deteriorated amid sluggish demand for personal computers. The company's quarterly earnings per share, excluding items, also came in way below analysts' expectations, but its quarterly revenue beat analysts' forecast. Cisco Systems, Inc., the world's largest computer networking gear maker, said Wednesday after the markets closed that its third quarter profit rose 14.5% from last year, helped by higher sales and a tax benefit. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarterly sales.
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