S&P Downgrades TIBCO to Sell On Financial Services Exposure
...Bokhari cut her rating on TIBCO Software (TIBX) to Sell from Hold. Bokhari referenced TIBCOs relatively high exposure to financial services and telecom companies and dependence on large deals. Bokhari noted that TIBCO will report Aug 2008 quarter results on September 25. She estimates revenue of $154 million and an operating EPS of 6 cents....
