Nuance Communications Inc
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May 1- Nuance Communications Inc:. For a summary of rating and price target changes on U.S. companies: Reuters Eikon users, click on RCH/US Reuters 3000 Xtra users, double-click RCH/US Reuters Station users, click. 1568.
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May 1- Nuance Communications Inc:. *Northland cuts price target to $24 from $26. Reuters Station users, click. 1568.
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May 1- Nuance Communications Inc:. *Morgan Stanley cuts to equal weight from overweight- Theflyonthewall.com. Reuters Station users, click. 1568.
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May 1- Nuance Communications Inc:. *Raymond James assumes coverage with market perform rating. Reuters Station users, click. 1568.
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NEW YORK, April 30- Billionaire investor Carl Icahn increased his stake in speech recognition and digital imaging software maker Nuance Communications Inc from 9.27 percent to 10.72 percent, a filing with the Securities and Exchange Commission showed on Tuesday.
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Check out which companies are making headlines after the bell Tuesday:
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Shares of Nuance Communications are getting blasted after the company's outlook came in below expectations. CNBC's Herb Greenberg and the FMHR traders, discuss.
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rose 0.17 percent and the Nasdaq Composite Index gained 0.58 percent. **APPLE INC, $442,5, up 3 pct. **TRANSITION THERAPEUTICS INC, $3.27, up 45 pct.
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Wall Street opened flat on Tuesday as investors awaited economic data and central bank meetings this week, looking for catalysts to push the benchmark S&P 500 index through 1,600. The Dow Jones industrial average dropped 0.11 percent. **APPLE INC, $434, up 1 pct.
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Staff reviewers for the U.S. Food and Drug Administration are expected to ask a panel of medical experts on May 2 if another clinical trial is required before it approves an experimental kidney cancer drug made by Aveo Oncology and Astellas Pharma Inc. **MGIC INVESTMENT CORP, Monday close $5.48, down 13 pct premarket.
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**MGIC INVESTMENT CORP, Monday close $5.48, down 13 pct premarket. **PFIZER INC, Monday close $30.43, down 3 pct premarket. **ZOETIS INC, Monday close $32.66.
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**PFIZER INC, Monday close $30.43, down 5 pct premarket. **ZOETIS INC, Monday close $32.66. **NUANCE COMMUNICATIONS INC, Monday close $23.3, down 8 pct premarket.
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NEW YORK, April 30- Nuance Communications Inc:. *Shares down 7.5 percent in premarket trading after results. ( (New York Treasury Desk; Tel: 223 6300)).
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April 30- Nuance Communications Inc:. *Q2 non-GAAP earnings per share $0.34. *Q2 GAAP loss per share $0.08.
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April 30- Nuance Communications Inc:. *Nuance Communications Inc: Oppenheimer cuts target price to $25 from $30;. Reuters Station users, click. 1568.
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Another story that has caught CNBC's Herb Greenberg's eye. A close look at Carl Icahn's passive stake in Nuance. "Nuance is hooked on takeovers, and the company has a monopoly in voice recognition" he says.
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Shares of Nuance Communication closed almost 6 percent higher on Tuesday after activist investor Carl Icahn disclosed a 9.27 percent passive stake in the software company. So what's the appeal for Icahn?
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Nuance makes the Siri technology for Apple and is the leader in speech recognition technology. CNBC's Julia Boorstin and Daniel Ives, FBR Capital Markets, offer insight on the stock after Icahn unveiled a stake.