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News Breaks
April 16, 2014
10:45 EDTRAD, INFY, FDO, BBBYOptions with decreasing implied volatility: BBBY INFY RAD FDO
News For BBBY;INFY;RAD;FDO From The Last 14 Days
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October 12, 2015
13:01 EDTINFYInfosys slides after cutting its sales growth view, CFO resignation
Shares of India-based IT firm Infosys (INFY) are sliding after the company reported financial results for the second quarter and a reduced view for fiscal year 2016 revenue. The company also announced that its chief financial officer is leaving. WHAT'S NEW: This morning, Infosys reported second quarter earnings per share of 23c on revenue of $2.39B. Analysts were expecting EPS of 22c and revenue of $2.34B. The company also reduced its FY16 sales growth forecast in dollar terms to 6.4%-8.4% from earlier guidance of up 7.2%- 9.2%. On the company's Q2 earnings conference call, Vishal Sikka, the company's chief executive officer, spoke to the continued downward pressure on pricing on the traditional IT services. The company noted that while it is seeing strength in automotive and hi-tech, it is seeing some challenges in the aerospace sector. The company also noted softness in the industrial sector where there is exposure to oil and gas or mining. WHAT'S NOTABLE: In its earnings press release, Infosys disclosed that Rajiv Bansal, who has served as executive vice president and CFO of Infosys since October 2012, has informed the company of his intention to resign. He will be replaced by M.D. Ranganath at the close of business October 12. PRICE ACTION: In midday trading, Infosys is sliding 6.68% to $17.87.
05:20 EDTINFYInfosys sees FY16 revenue up 10%-12% in constant currency
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05:19 EDTINFYInfosys reports Q2 EPS 23c, consensus 22c
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October 8, 2015
14:56 EDTINFYInfosys October volatility elevated into Q2 and outlook
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10:00 EDTBBBYOn The Fly: Analyst Initiation Summary
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05:53 EDTBBBYBed Bath & Beyond initiated with a Hold at Jefferies
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October 6, 2015
15:07 EDTRADRite Aid discloses West Virginia grand jury subpoena relating to CMEA
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15:01 EDTRADRite Aid extends tolling agreement until April 7, 2016
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October 5, 2015
13:47 EDTINFY, BBBYOptions with increasing volume
Options with increasing volume; DOW BBBY HOG INFY JBL SFUN YNDX AMAT CIT
10:31 EDTBBBYBed Bath & Beyond calls active on renewed takeover chatter
Bed Bath & Beyond weekly October 58.5 and 59 calls are active on total call volume of 6,600 contracts (600 puts) on renewed takeover chatter. October weekly call volatility is at 36, October is at 44, November is at 28; compared to its 52-week range of 17 to 39. Active call volume suggests traders taking positions for upside price movement.
10:27 EDTBBBYRumor: Bed Bath & Beyond moves up on renewed takeover chatter
October 4, 2015
14:14 EDTRADUFCW 8-Golden State and partner unions reach tentative agreements with Rite Aid
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October 1, 2015
10:16 EDTBBBYOptions with decreasing implied volatility: WMB TEX BBBY NKE
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08:32 EDTRADRite Aid reports September SSS up 1.5%
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September 30, 2015
10:52 EDTBBBYOptions with decreasing implied volatility
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08:27 EDTINFYInfosys partners with General Electric for Internet of Things solutions
Infosys (INFY) will create new Internet of Things solutions in collaboration with General Electric (GE) and others to develop these solutions. The Industrial Internet Consortium, an international body of industries, governments and academics focused on developing best practices for the Industrial Internet, recently approved two Infosys-led testbeds: an Asset Efficiency Testbed tht enables holistic monitoring, analysis and optimization of critical infrastructure assets; and the Industrial Digital Thread Testbed, which creates more intelligent linkages between the three phases of manufacturing - design, production and field testing/service. IDT has been co-developed by Infosys and GE, and will be implemented first as a pilot project at GE Aviation.

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