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News Breaks | | | | December 4, 2012 | | 19:13 EDT |  | CTSH | Cognizant 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. | |
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News For CTSH From The Last 14 Days Check below for free stories on CTSH the last two weeks. |
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| June 5, 2013 | | 11:25 EDT |  | CTSH | Cognizant management to meet with Oppenheimer
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