Nuance Expected To Get More Heat From Icahn

By | January 22, 2014

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Nuance Communications’ (NUAN) stock rose Wednesday after the speech-recognition software maker late Tuesday preannounced better-than-expected results for the December quarter and the hiring of a new head of worldwide sales. Nuance stock was up 8.5% in early afternoon trading in the stock market today, at a two-month high near 16.15. Activist investor Carl Icahn has acquired a 17% stake in Nuance. But even with today’s gain, Nuance’s stock is down Scalper1 News

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