Moody’s Investors Service downgraded BMC Software Finance Inc.’s corporate family rating to B3 from B2 and probability of default rating to B3-PD from B2-PD. Moody’s affirmed ratings on existing debt facilities as outlined below. Moody’s also assigned a Caa2 rating to parent, Boxer Parent Company Inc.’s proposed PIK Toggle Notes. The new notes will be used to finance an equity distribution to private equity owners led by Bain Capital and Golden Gate Capital. The ratings outlook is stable. Moody’s Corporation (NYSE:MCO) shares after opening at $76.10 moved to $76.85 on last trade day and at the end of the day closed at $75.51. Company price to sales ratio in past twelve months was calculated as 5.44 and price to cash ratio as 7.67. Moody’s Corporation (NYSE:MCO) showed a negative weekly performance of -3.60%.
Alliance Data Systems (NYSE:ADS) is scheduled to release its earnings data on Thursday, April 17th. Alliance Data Systems has set its Q1 guidance at approx $2.70 EPS and its FY14 guidance at approx $12.20 EPS. Alliance Data Systems Corporation (NYSE:ADS) shares advanced 2.22% in last trading session and ended the day on $257.36. ADS return on equity ratio is recorded as 72.10% and its return on assets is 4.10%. Alliance Data Systems Corporation (NYSE:ADS) yearly performance is 63.26%.
Vringo, Inc. (NASDAQ:VRNG) which owns the subsidiary I/P Engine Inc. has since been fighting patent suit against technology giants of the likes of AOL, Google and others. The appeals numbered 13-1307 and 13-1313, filed before the United States Court of Appeals in the Federal Circuit have since noted May 6, 2014 as the next day to address the issue. Vringo, Inc. (NASDAQ:VRNG) shares moved down -0.27% in last trading session and was closed at $3.75, while trading in range of $3.60-$3.81. Vringo, Inc. (NASDAQ:VRNG) year to date performance is 26.69%.
Priceline.com Incorporated (NASDAQ: PCLN) is changing its name ever so slightly. Effective immediately, the company will be “The Priceline Group Inc. The Priceline Group consists of five primary brands including Booking.com, priceline.com, agoda.com, KAYAK and rentalcars.com. The corporate name change is intended to create a clear delineation between the global Priceline Group business, and The Priceline Group’s North American travel brand priceline.com. Priceline Group Inc (NASDAQ:PCLN) weekly performance is -1.50%. On last trading day company shares ended up $1,169.75. Priceline Group Inc (NASDAQ:PCLN) distance from 50-day simple moving average is -6.97%. Analysts mean target price for the company is $1441.40.
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