Key Developments: InnerWorkings Inc (INWK.O)
11.03USD
24 May 2013
$0.23 (+2.13%)
$10.80
$10.83
$11.12
$10.80
173,671
397,145
$15.80
$9.35
Latest Key Developments (Source: Significant Developments)
Harwood Feffer LLP Announces Investigation Of Innerworkings Inc
Harwood Feffer LLP is investigating potential claims against the Board of Directors of Innerworkings, Inc, concerning whether the Board has breached fiduciary duties to shareholders. Media reports in the wake of a recent earnings miss suggest that the Company's internal controls over accounting may be inadequate. As a result, the Company's financial statements may not be reliable. The investigation concerns whether the Company board of directors has breached fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing. Full Article
Innerworkings Inc Reaffirms FY 2013 Guidance
Innerworkings Inc reaffirmed its recently revised fiscal 2013 revenue and EPS guidance and expects revenue guidance of $900 million to $930 million and EPS guidance of $0.45 to $0.50. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $907 million and EPS of $0.46 for fiscal 2013. Full Article
Bronstein, Gewirtz & Grossman, LLC Announces Investigation of InnerWorkings Inc.
Attorney Advertising Bronstein, Gewirtz & Grossman, LLC announced that it is investigating potential claims on behalf of purchasers of the securities of Innerworkings Inc. The investigation focuses on whether the Company and its executives violated federal securities laws. Full Article
Innerworkings Inc Lowers FY 2013 Guidance
Innerworkings Inc announced that for fiscal 2013, it expects revenue guidance in the range of $900 to $930 million and diluted GAAP earnings per share guidance has been adjusted to a range of $0.45 to $0.50. This compares to the previous full year revenue guidance of $930 to $960 million and diluted GAAP earnings per share guidance of $0.57 to $0.61. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $946 million and EPS of $0.58 for fiscal 2013. Full Article
Innerworkings Inc Issues FY 2013 Guidance In Line With Analysts' Estimates
Innerworkings Inc announced that for fiscal 2013, it expects of $930 million to $960 million in revenue and $0.57 to $0.61 in earnings per share. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $956 million and EPS of $0.60 for fiscal 2013. Full Article
Innerworkings Inc Signs Global Agreement With William Grant & Sons
Innerworkings Inc announced that it has signed a global managed services agreement with William Grant & Sons Distillers, Ltd , a spirits company headquartered in the United Kingdom that distills some of the brands, such as Glenfiddich, The Balvenie, Hendrick's Gin, Sailor Jerry Rum and Milagro Tequila. The agreement builds on InnerWorkings' existing partnership with William Grant & Sons, USA that began in 2010. InnerWorkings will manage such categories as retail and promotional merchandise for William Grant & Sons. Full Article
Innerworkings Inc Reaffirms FY 2012 Guidance
Innerworkings Inc announced that for fiscal 2012, the Company is maintaining its previously guidance of $780 million to $810 million in revenue and $0.42 to $0.45 in earnings per share. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $807 million and EPS of $0.42 for fiscal 2012. Full Article
Innerworkings Inc Signs Print Management Agreement With National Wildlife Federation
Innerworkings Inc announced a print management agreement with the National Wildlife Federation (NWF), America’s largest conservation organization. The multi-year agreement is intended to achieve meaningful cost savings for NWF and foster innovation across the organization’s marketing supply chain. Under the terms of the agreement, InnerWorkings will dedicate a number of specialists to work on-site at NWF’s headquarters in Reston, VA. The scope of services will include NWF’s print and direct mail categories. Full Article
Innerworkings Inc Reaffirms FY 2012 Guidance
Innerworkings Inc maintained previously stated fiscal 2012 guidance of $780 million to $810 million in revenue and $0.42 to $0.45 in earnings per share. Full Article
InnerWorkings, Inc. Enters Brazilian Market
InnerWorkings, Inc. announced that it has entered the Brazilian market and is supporting multiple global consumer packaged goods companies in the country. These enterprise relationships were initially based in adjacent Latin American markets and recently extended to Brazil. Full Article
BRIEF-Innerworkings shares down 19.8 pct after the bell following forecast
NEW YORK, April 16 - InnerWorkings Inc : * Shares were down 19.8 percent after the bell following the release of its forecast.
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