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Stock Market & Financial Investment News

News Breaks
December 4, 2012
19:13 EDTCTSHCognizant up almost 5% after outlining executive bonus payouts
Cognizant (CTSH), which traded up almost 5% in today's after hours session, outlined in a regulatory filing both the restricted stock units and performance units due to certain of the company's executives. The filing indicated 0% of the performance units would be awarded if the company's FY13 revenue came in below $8.22B, and only 50% of the units would be awarded if FY13 revenues come in below $8.515B, with a 200% payout of the performance units coming at revenues of $9.175B. According to First Call, consensus estimates for FY13 revenues are currently $8.58B.
News For CTSH From The Last 14 Days
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March 20, 2015
09:05 EDTCTSHJefferies Euro offshore IT services analyst has analyst/industry conference call
Analysts discusses the market growth in Ofshore IT Services in Continental Europe which is expected to outpace project growth in the U.S., with Cognizant Technology Solutions/EPAM Systems best positioned and IBM/Hewlett Packard disadvantaged on an Analyst/Industry conference call to be held on March 20 at 10 am.

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