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News Breaks
June 10, 2014
10:00 EDTABEV, BRGYY, CTSH, COUP, HITTOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Ambev (ABEV) downgraded to Neutral from Outperform at Credit Suisse... BG Group (BRGYY) downgraded to Neutral from Outperform at Exane BNP Paribas... Cognizant (CTSH) downgraded at Susquehanna... (COUP) downgraded to Sell from Neutral at Goldman... Hittite Microwave (HITT) downgraded to Market Perform from Outperform at Wells Fargo... KB Financial Group (KB) downgraded to Neutral from Overweight at JPMorgan... Kimberly-Clark de Mexico (KCDMY) downgraded to Neutral from Overweight at JPMorgan... Las Vegas Sands (LVS) downgraded to Neutral from Buy at UBS... Northwest Natural Gas (NWN) downgraded to Hold from Buy at McAdams Wright... SanDisk (SNDK) downgraded to Hold from Buy at Summit Research... Tesoro Logistics (TLLP) downgraded to Sector Perform from Outperform at RBC Capital... Tyson Foods (TSN) downgraded at Credit Suisse... Wendy's (WEN) downgraded to Hold from Buy at Argus... eHealth (EHTH) downgraded to Hold from Buy at Jefferies.
News For ABEV;BRGYY;CTSH;COUP;HITT From The Last 14 Days
Check below for free stories on ABEV;BRGYY;CTSH;COUP;HITT the last two weeks.
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September 15, 2014
11:44 EDTCTSHCognizant's TriZetto acquisition mentioned positively at Deutsche Bank
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08:42 EDTCTSHCognizant says TriZetto should not be dilutive to long-term revenue growth
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08:25 EDTCTSHCognizant says does not expect added large scale M&A in 'foreseeable future'
The company said it will continue to look at "tuck-in" acquisitions, but does not see another large M&A deal until this integration is completed and "well under our belt." Cognizant says will continue relying on share repurchase as vehicle for return of cash to shareholders. Cognizant says its capital allocation model remains intact following its acquisition of TriZetto.
08:21 EDTCTSHCognizant says TriZetto acquisition about revenue growth, not cost synergies
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06:23 EDTCTSHFunds advised by Apax Partners agree to sell stake in TriZetto to Cognizant
Funds advised by Apax Partners announced that they have agreed to sell their majority ownership stake in the TriZetto. TriZetto, a provider of world-class healthcare information technology and service solutions, will be sold to Cognizant Technology Solutions for $2.7B in cash, subject to customary adjustments. TriZetto develops, licenses and manages solutions for healthcare payers and providers, providing software and services to approximately 350 health plans helping to increase administrative efficiency, improve the cost and quality of care and succeed in the retail market. Additionally, the company provides revenue-cycle management software solutions to nearly 245,000 doctors and other healthcare providers.
06:18 EDTCTSHCognizant to host conference call
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06:06 EDTCTSHCognizant agrees to acquire TriZetto for $2.7B
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06:01 EDTCTSHCognizant to acquire Trizetto for $2.7B in cash, CNBC reports
Cognizant is going to acquire privately held Trizetto for $2.7B in cash, CNBC's Andrew Ross Sorkin reports, citing sources.
September 9, 2014
07:28 EDTCOUPThe Money Event, Inc to hold a conference
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