SAN FRANCISCO (MarketWatch) — Teradata Corp. shares fell late Monday after the data-services company cut its outlook for the year.
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Shares of Teradata (TDC) fell 11% to $46.65 on heavy volume after the company said it now expects adjusted full-year earnings of $2.70 to $2.80 a share. Analysts surveyed by FactSet expect earnings of $2.85 a share.
Teradata also expects adjusted third-quarter earnings of 69 cents to 70 cents a share on revenue of $665 million. Analysts forecast 69 cents a share on revenue of $700 million.
Demand Media Inc. (DMD) shares declined 0.3% to $5.84 in light volume after the company said it had accepted the resignation of its chief executive, Richard Rosenblatt, effective Oct. 31.
Yahoo Inc. (YHOO) said late Thursday it will accept questions from the public during its earnings call late Tuesday that are tweeted with the hashtag #YHOOearnings. Shares rose less than 0.1% to $34.02 in moderate volume.
Shares of Resource Capital Corp. (RSO) declined 3.8% to $5.82 in moderate volume after the real-estate investment trust said it would launch a $100 million offering in notes due 2018.
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