VIAN history from Briefing.com
Mar 27 2001
8:28 AM Shorts Viant Corp (VIAN) 2 7/16: Professional services firm warns Q1 (Mar) will be loss of $0.33-0.36 per share, current First Call estimate is a loss of $0.20; company has reduced its overall headcount by 211 employees, or 38% of the current workforce, and is closing its Houston, San Francisco, and Munich offices; see press release.
Feb 8 2001
6:32 PM Shorts Viant Corp (VIAN) 3 5/8 -3/8: -- Update -- Company selected by Lehman Brothers (LEH 78.30) to develop eBanker, a customer knowledge portal for its international Investment Banking Division; see press release.
Feb 8 2001
3:11 PM Shorts Viant Corp (VIAN) 3 5/8 -3/8: CIBC Wrld Mkts downgrades to UNDERPERFORM from HOLD due to rapidly deteriorating fundamentals; says given limited client retention capabilities, marginal new business visibility, and bearish macroeconomic outlook, cash burn rate could be twice the current rate.
Feb 7 2001
8:49 AM Shorts Viant Corp (VIAN) 4 1/8: Reports Q4 loss of $0.14 a share, $0.07 worse than the First Call consensus of ($0.07), vs year-ago earnings of $0.07; revenues rose 5.2% to $24.95 mln from a year-ago of $23.71 mln; see press release.
Dec 21 2000
4:35 PM Shorts Viant Corp (VIAN) 3 7/16 -3/32: Company warns for Q4; sees loss of $0.06-0.08 per share; current EPS estimate is ($0.04); revenue for the quarter will be in the range of $27 to $28 mln; see press release.
Dec 11 2000
3:00 PM Shorts Viant Corp (VIAN) 4 1/8 -3/22: ING Barings downgrades to HOLD from BUY. Says shares have bottomed but sees no growth catalysts to speak of over the next several quarters.
Dec 7 2000
12:29 PM Shorts Goldman Sachs Downgrades IT : Firm downgrades a number of information technology companies; DTPI, SAPE, INFT to MARKET OUTPERFORM from REQ. LIST; ACOM to MARKET OUTPERFORM from TRADING BUY and VIAN to MARKET PERFORM from MARKET OUTPERFORM. Firm cited no short term catalyst and uncertain info tech spending.
Dec 7 2000
9:10 AM Shorts Viant Corp (VIAN) 4 1/4: Internet consulting company announces a restucturing of its workforce; plans include the complete closure of its Dallas office as well as other selected workforce reductions company-wide; will reduce its workforce by 125 employees and take a Q4 charge of approximately $5-7 mln; see press release.
Oct 25 2000
8:55 AM Shorts Viant Corp (VIAN) 6 15/32: Reports Q3 loss of $0.02 a share, $0.03 better than the First Call consensus of ($0.05), vs year-ago earnings of $0.03; revenues rose 76.4% to $33.08 mln from a year-ago of $18.75 mln; see press release.
Sep 8 2000
10:44 AM Shorts Viant Corp (VIAN) 7 9/16 -5/16: Roberston Stephens downgrades to LT ATTRACTIVE from BUY; last week company warned for Q3 and given uncertainty surrounding the timing of VIAN’s ability to make necessary changes, combined with the likelihood of pricing pressures, firm feels stock will potentially move sideways for several quarters.
Sep 1 2000
3:24 PM Shorts eConsulting Update : Janney Montgomery comments on the beaten up sector; says consulting group is down big on VIAN 3Q shortfall announcement but believes sell off is overdone. Top idea in group is DTPI, thinks company is on track to meet 2Q estimates and firm reiterates BUY recommendation, also likes BWAY which it sees as on track to meet 3Q estimates. Maintaines ACCUMULATE ratings on LNTE and USIT due to risk to their 3Q outlook and low visibility.
Sep 1 2000
12:46 PM Shorts iXL Enterprises (IIXL) 8 5/16 -1 1/4: -- Update -- BB&T Capital Mkts downgrades to HOLD from LONG TERM BUY following VIAN shortfall; says IIXL could be affected by slowdown from Global 2000 clients because that has been its target market from day one.
Sep 1 2000
11:35 AM Shorts iXL Enterprises (IIXL) 8 1/2 -1 1/8: Merrill Lynch downgrades to LT ACCUM from LT BUY; saying uncertainties rise following VIAN shortfall.
Sep 1 2000
8:53 AM Shorts Viant Corp (VIAN) 13 7/8: -- Update -- Merrill Lynch downgrades to NT NEUTRAL/LT ACCUM from NT ACCUM/LT BUY after Q3 earnings warning. Also, Lehman Brothers downgrades to NEUTRAL from BUY and lowers target to $15 from $30... DLJ downgrades to MARKET PERFORM from BUY... Legg Mason downgrades to MKT PERFORM from STRONG BUY.
Sep 1 2000
8:30 AM Shorts Viant Corp (VIAN) 13 7/8: Goldman Sachs downgrades to MARKET OUTPERFORM from RECOMMENDED LIST following yesterday's Q3 earnings warning; cites two reasons for disappointment: shift to larger projects with increased sales cycles as demand shifts to larger projects, and embryonic sales force/business development org. not aligned with the shifting industry trends; firm says VIAN's valuation is attractive despite disappointing news.
Aug 31 2000
5:42 PM Shorts Viant Corp (VIAN) 13 7/8 -5/8: -- Update -- Stock trading off 3 15/16 at 9 15/16 after hours on the Island ECN.
Aug 31 2000
5:13 PM Shorts Viant Corp (VIAN) 13 7/8 -5/8 : -- Update -- Other stocks that could get hit by the Viant warning: SCNT 25 -2 1/16, SAPE 48 57/61 -3 13/23, RAZF 12 1/16 -9/16, (last trade and change from market close). VIAN still halted.
Aug 31 2000
4:54 PM Shorts Viant Corp (VIAN) 13 7/8 -5/8: Company warns for Q3; sees earnings falling below expectations; expects to report a loss; current EPS estimate is $0.08. Q3 revenues will come in 12-15% below Q2's $38.5 mln; see press release.
Aug 30 2000
8:35 AM Shorts Internet Consulting Services : CSFB downgrades iGATE (IGTE 7 1/4) and Cambridge Tech (CATP 7 11/16) to HOLD from BUY; downgrades Viant Corp (VIAN 16 7/16), Rare Medium (RRRR 10 3/4) and Modem Media (MMPT 11 3/16) to BUY from STRONG BUY; cites dot.com demise, Q3 seasonality, worries of slower economy and post-Y2K budgets; believe low investor mindshare will render these stocks dead money until estimates align themselves with the current environment.
Aug 8 2000
9:19 AM Shorts Viant Corp (VIAN) 35 1/4: Builder of digital businesses, and Loudcloud, a privately held infrastructure provider, announced that they have formed a strategic relationship to offer digital businesses best-of-breed solutions to help them grow, operate, and scale their Internet infrastructures; see press release.
Aug 3 2000
1:39 PM Shorts Viant Corp (VIAN) 32 1/8 -1/2: -- Update -- CIBC Wrld Mkts initiates coverage on Internet professional services firm with a STRONG BUY rating and price target of $46. Also, Wasserstein Perella initiates coverage with a BUY rating and price target of $45.
Jul 19 2000
2:29 PM Shorts Viant Corp (VIAN) 35 13/16 -2: Bear Stearns initiates coverage with a ATTRACTIVE; expects revenue to grow by 138% and 58% in 2000 and 2001, respectively; company is profitable and firm expects EPS to grow by 40% in 2001.
Jun 6 2000
9:15 AM Shorts Viant Corp (VIAN) 27 15/16: Legg Mason upgrades to STRONG BUY from BUY rating and price target of $66 based on company's top-tier full-service position in e-business space, strong business and financial performance, upside potential to revenue and EPS estimates, and attractive valuation.
Jun 1 2000
11:45 AM Shorts Viant Corp (VIAN) 25 1/4 +1/4: ING Barings reiterates STRONG BUY rating and price target of $43. The quarter is tracking ahead of expectations as demand continues to be strong across the board.
May 30 2000
9:42 AM Shorts Viant Corp (VIAN) 23 1/4 +1 1/2: Goldman Sachs reiterates RECOMMENDED LIST because of the potential for rapid growth and significant upside likely to revenue and EPS.
Apr 26 2000
10:00 AM Shorts Viant Corp (VIAN) 26 1/2 -1/8: ING Barings upgrades to STRONG BUY from BUY; believes company continues on track of impressive top-line growth and profit expansion; calls VIAN strong play on the enormous Internet infrastructure.
Apr 19 2000
12:24 PM Shorts Viant Corp (VIAN) 34 +5 3/4: Dain Rauscher Wessels upgrades to STRONG BUY from a BUY rating with a price target of $55. Market sell-off creates tremendous buying opportunity, remain bullish on e-solutions sector given accelerating trends toward adoption of B2B strategies and Internet technologies.
Apr 14 2000
8:45 AM Shorts Viant Corp (VIAN) 21 1/16: DLJ initiates coverage with a BUY rating and price target of $51. Through its integrated fixed fee/fixed time approach, the company cooperatively develops a client's digital strategy, and then follows with creative design and technology services.
Apr 12 2000
11:10 AM Shorts Proxicom (PXCM) 39 9/16 -2 7/16: BB&T Capital Mkts downgrades to LONG TERM BUY from STRONG BUY; with price target of $60 due to the dramatic decline in the comparable company valuations, specifically leaders in the group like Viant (VIAN) Scient (SCNT) and Sapient (SAPE).
Feb 4 2000
1:26 PM Shorts Viant (VIAN) 111 +11: --Update-- ING Barings reiterates BUY rating and $160 price target following company's excellent 3Q and 4Q performance.....
Feb 4 2000
9:42 AM Shorts Viant (VIAN) 118 +18: --Update-- CSFB raises numbers after last night's earnings release; FY00 revs and EPS go from $118 mln and $0.25 to $125 mln and $0.37; price target raised to $125. Metrics among highest in their industry.....
Feb 3 2000
5:18 PM Shorts Viant Corp. (VIAN) 100 +7 1/2: Builder of digital businesses records a Q4 net of $0.14 per share, eleven cents better than the First Call estimate, vs year-ago pro-forma loss of $0.21; revenues rose 286% to $23.7 mln and 26% sequentially; see press release.....
Dec 10 1999
11:02 AM Shorts Viant (VIAN) 109 1/8 +4 5/8: Legg Mason raises estimates on internet professional services firm from $0.20 to $0.26 for FY00 and from $0.35 to $0.41 for FY01 due to higher cash balance as a result of secondary offering and higher projected customer growth; price target raised from $95 to $125; rating is "outperform".....
Dec 9 1999
12:38 PM Shorts Viant (VIAN) 102 7/8 -1 5/8: --UPDATE-- Dain Rauscher Wessels initiates coverage of Internet professional services provider with a "buy" rating and $125 target price.....
Dec 9 1999
9:45 AM Shorts Viant (VIAN) 105 5/16 +13/16: Lehman Bros initiates coverage of Internet services provider with a "buy" rating and $125 price target based on positive fundamental momentum and belief that the highest quality names will outperform at this early stage in the Internet consulting industry.....
Dec 7 1999
4:47 PM Shorts Viant Corp. (VIAN) 95 +5 3/4: Internet professional services company announces that Media Metrix Inc. (MMXI 37 1/4 +11/16) has selected VIAN "to provide business strategy, creative design, and technology implementation for an online client data delivery system;" see press release.....
Dec 6 1999
12:15 PM Shorts Viant Corp. (VIAN) 91 3/4 +2 7/8: Internet professional services company initiated at Legg Mason with an "outperform" rating.....
Dec 2 1999
8:54 AM Shorts Viant Corp. (VIAN) 85: Merrill Lynch initiates coverage of Internet professional services company with a near-term "accumulate" long-term "buy" rating.....
Oct 22 1999
9:29 AM Shorts Viant Corp. (VIAN) 70 1/2: --UPDATE-- stock of this internet professional services firm is expected to fly today as analysts are all recommending purchase of the issue; Goldman Sachs upgrades from "market outperform" to "recommended list" after the company blew away estimates for the quarter.....
Oct 21 1999
4:47 PM Shorts Viant Corp. (VIAN) 70 1/2 +3 7/8: builder of digital businesses posts a Q3 net of $0.06 per share, twelve cents better than the First Call mean, vs year-ago pro-forma loss of $0.12; revenues increased 254% to $18.8 mln, and 71% on a sequential basis; see press release.....
Oct 6 1999
12:56 PM Shorts Viant Corp. (VIAN) 48 +2: ING Barings initiates coverage of Internet consulting company with "buy" and a 12-18 month price target of $68; believes company has developed a powerful professional services business model focused on Web-related opportunities......
Sep 10 1999
8:40 AM Shorts Viant Corp. (VIAN) 39 1/2: CS First Boston upgrades internet professional services firm from "buy" to "strong buy" and raises price target $10 to $55; strong repeat business, Internet services market is accelerating.....
Jul 19 1999
10:03 AM Shorts Viant Corp. (VIAN) 36 1/4 +1/4: BancBoston Robertson Stephens initiates coverage of Internet consulting company with "buy".....
Jul 13 1999
11:02 AM Shorts Viant Corp. (VIAN) 35 7/16 -2 9/16: CS First Boston initiates coverage of IT consultant with a "buy" rating and $45 year-end target price as Q2 revenues seem to be tracking well above estimates.....
Jun 17 1999
9:49 AM Shorts Viant Corp. (VIAN) : Goldman Sachs has raised the offer price on their initial public offering of Internet consulting company from $10-$12 to $14-$16..... |
