- Cuts workforce 10%, sees $20M restructuring charge

Other headlines for [OTEX]

• 12/9/2008 01:19am
  After losing more than 50% of its value, hedge fund Copper River plans to liquidate - WSJ- The fund was once worth $1B and it primarily engaged in short sales, but was hurt by the US govt's decision more...
  
• OTEX 11/21/2008 06:53am
  Open Text Corp. Price Target lowered to $32 from $41 at CIBC
  
• OTEX 11/18/2008 11:17am
  Open Text Corp. BMO Capital Markets Cuts OTEX to Market Perform from Outperform (timing uncertain)
  
• OTEX 11/18/2008 09:01am
  Open Text Corp. Expands reseller agreement with SAP- As part of this agreement, SAP will also resell Open Text's document capture solution Invoice Capture Center, from Open Text's recent acquisition of Captaris, more...
  
• OTEX 11/13/2008 04:18pm
  Open Text Corp. Expands Partnership with the Frayman Group for Law Firm Market- Under the plan, The Frayman Group will provide support and maintenance services for Open Text's LegalKEY product line. Open Text will more...
  

Technology sector headlines

• CDNS Today 04:36pm
  Cadence Design Systems, Inc. Appoints Lip-Bu Tan President and CEO effective immediately- Lip-Bu Tan, 49, has been a member of Cadence''s Board of Directors since 2004, and serves as a member of the Finance and Technology more...
  
• YTEC Today 04:31pm
  Yucheng Technologies Raises FY08 Rev guidance to $99-103M v $95.5Me (prior guidance seen at $93-97M)
  
• DMAN Today 04:13pm
  DemandTec Reports Q3 $0.05 (adj) v $0.03e, R$19M v $18.7Me - filing- cash equivalents and marketable securities at the end of Q309 totaled $85.7M, an increase of approximately $2.2M from the end of Q209. - more...
  
• SCSC Today 04:10pm
  Scansource Inc Cuts Q2 sales guidance to R$474M-$480M v $521.8Me (had seen R$515M-$535M)- The decrease in revenues reflects softness in all of the Company''s business units and geographies.
  
• SNX Today 04:06pm
  Synnex Corp Reports Q4 $0.80 v $0.70e, R $2.1B v $2.13Be- Guides Q1 EPS $0.50-0.53 v $0.51e, R $1.74-1.84B v $1.87Be