Fair Isaac Corporation (FICO) has been in the spotlight due to a variety of recent events. FICO's shares were acquired by numerous entities, including Seven Eight Capital LP and Public Employees Retirement Association of Colorado. There was also a noted increase in stake by Vinva Investment Management Ltd. However, Fair Isaac has been undergoing investigations from the likes of Pomerantz Law Firm and The Portnoy Law Firm, pertaining to potential anticompetitive practices. Positive financial strides were made as FICO's Q2 earnings exceeded estimates, with an increase in revenues. The company's FICO scores services have shown marked improvements, increasing prospective profits. The firm also disclosed dates for releasing its Q2 fiscal 2024 financial results. FICO's AI automation collaboration with Teradata has been mutually beneficial, fortifying its position in the market. It was also observed that there was a significant price increase for the company's scores product. Nonetheless, the company's credit scores showed a slight reduction for the first time in a decade. FICO's future ventures include a new stock repurchase program launched in January 2024.
Fair Isaac Corporation FICO News Analytics from Sat, 25 Mar 2017 11:48:47 GMT to Sat, 08 Jun 2024 14:20:53 GMT -
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- Information 7
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