Tax Reform in This Election Year: It's Not Likely
Which Credit Card Rewards Does the IRS Care About?
With Corporate America awash in data, things have been nice for Informatica Corporation (Nasdaq: INFA), which is a data integration software company. The customer base is solid and relatively stable.
In fact, the company recently posted its Q1 results, with profits up 23% to $11.2 million or $0.12 per share. Revenues increased 19% to $103.7 million and license revenues came to $44.2 million.
But, to maintain its competitive strength, Informatica needs to expand its product edge. To this end, the company agreed to purchase Identity Systems, which is a division of Nokia Corporation (NYSE: NOK).
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
