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Stock Market & Financial Investment News

News Breaks
December 10, 2013
04:55 EDTHME, HME, HME, EFX, EFX, EFX, PRFT, PRFT, PRFT, MCO, MCO, MCO, CTSH, CTSH, CTSH, NCI, NCI, NCI, FORR, FORR, FORRBarclays to hold a conference
Barclays Select Series Conference is being held in New York on December 10-12.
News For HME;EFX;PRFT;MCO;CTSH;NCI;FORR From The Last 14 Days
Check below for free stories on HME;EFX;PRFT;MCO;CTSH;NCI;FORR the last two weeks.
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April 24, 2014
07:53 EDTCTSHCognizant recommended into earnings at Morgan Stanley
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07:28 EDTMCOMoody's, S&P seen posting record profits on bond bounceback, WSJ says
The two biggest U.S. ratings firms, McGraw Hill Financial's (MHFI) S&P Ratings and Moody's (MCO), are expected to post record Q1 profits amid a global resurgence in bond issuance, said The Wall Street Journal. Reference Link
April 23, 2014
16:50 EDTEFXEquifax sees Q2 EPS 92c-95c, consensus 95c
Sees Q2 revenue $606M-$619M , consensus $615.06M
16:47 EDTEFXEquifax reports Q1 EPS 89c, consensus 87c
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10:01 EDTEFXOn The Fly: Analyst Upgrade Summary
A.O. Smith (AOS) upgraded at BMO Capital... Agnico-Eagle (AEM) upgraded to Outperform from Sector Perform at RBC Capital... Allergan (AGN) upgraded to Overweight from Neutral at JPMorgan... Cabot Oil & Gas (COG) upgraded to Buy from Hold at Societe Generale... Cree (CREE) upgraded to Buy from Hold at Summit Research... E-Trade (ETFC) upgraded to Outperform from Market Perform at Wells Fargo... Equifax (EFX) upgraded at Credit Suisse... Fluidigm (FLDM) upgraded to Buy from Neutral at Mizuho... GlaxoSmithKline (GSK) upgraded to Buy from Hold at Argus... GulfMark Offshore (GLF) upgraded to Buy from Neutral at Global Hunter... Hanmi Financial (HAFC) upgraded to Outperform from Market Perform at Fig Partners... Illumina (ILMN) upgraded to Buy from Hold at Maxim... Lumber Liquidators (LL) upgraded to Buy from Neutral at Longbow... Medidata Solutions (MDSO) upgraded to Buy from Neutral at B. Riley... Prologis (PLD) upgraded to Buy from Neutral at ISI Group... Sanmina (SANM) upgraded to Buy from Hold at Craig-Hallum... SunPower (SPWR) upgraded to Buy from Hold at Deutsche Bank... TECO Energy (TE) upgraded to Neutral from Sell at UBS... Torchmark (TMK) assumed with a Market Perform from Underperform at Keefe Bruyette... Valeant (VRX) upgraded to Buy from Hold at TD Securities... Vitamin Shoppe (VSI) upgraded at Sterne Agee... Wolseley (WOSYY) upgraded to Outperform from Neutral at Credit Suisse... athenahealth (ATHN) upgraded to Overweight from Equal Weight at Morgan Stanley.
07:18 EDTEFXEquifax upgraded at Credit Suisse
As previously reported, Credit Suisse upgraded Equifax to Outperform from Neutral. The firm upgraded shares based on expectations organic revenue growth will improve from a continued modest improvement in U.S. consumer lending and growth in 2015 mortgage origination volumes. The analyst believes the share discount is unwarranted and recommends building positions. Price target raised to $80 from $55.
06:46 EDTEFXEquifax upgraded to Outperform from Neutral at Credit Suisse
April 22, 2014
08:36 EDTCTSHCognizant to acquire itaas for undisclosed amount
Cognizant announced that it has entered into a definitive agreement to acquire itaas, a digital video solutions company headquartered in Atlanta, Georgia. The terms of the transaction were not disclosed.
07:26 EDTMCOInformation Management Network to hold a conference
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April 21, 2014
11:26 EDTEFXEquifax management to meet with Global Hunter
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April 17, 2014
09:59 EDTEFXOn The Fly: Analyst Upgrade Summary
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05:30 EDTEFXEquifax upgraded to Buy from Hold at Deutsche Bank
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April 16, 2014
15:21 EDTPRFTPerficient management to meet with Sidoti
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11:36 EDTCTSHCognizant mentioned positively at Credit Suisse
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09:31 EDTPRFTPerficient management to meet with Needham
Meeting to be held in Kansas City, MO on April 23 hosted by Needham.
08:56 EDTMCOMoody's to hold a teleconference
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April 15, 2014
11:23 EDTCTSHInfosys falls after quarterly revenue trails estimates
Shares of Infosys (INFY), which consults on business information technology and systems integration, are falling after the company's fourth quarter revenue trailed analysts' consensus estimate. WHAT'S NEW: This morning, Infosys reported fourth quarter earnings per share of 85c and revenue of $2.09B, compared to expectations of 79c and $2.11B, respectively. The company's CEO and Managing Director, S. D. Shibulal, said he was pleased that Infosys was able to double its growth rate for the full year compared to last year, though added that its performance in the last quarter of of the fiscal year had been "disappointing." The company noted that Infosys and its subsidiaries added 50 clients during the quarter and 238 during the year. Infosys forecast FY15 revenue growth of 7%-9%, compared to consensus of $9.06B. WHAT'S NOTABLE: Infosys said its board had decided to increase the dividend pay-out ratio to up to 40% of post-tax profits effective FY14. Infosys' current policy is to pay dividends up to 30% of post-tax profits. OTHERS TO WATCH: Like Infosys, Wipro (WIT) is an IT services and software solution consultant headquartered in India. Others in the business consulting space include Cognizant Technology (CTSH), IBM (IBM) and Accenture (ACN). PRICE ACTION: In late morning trading, Infosys fell $3.49, or about 6.3%, to $52.09 on nearly twice its average daily trading volume. Shares of Cognizant were down about 0.75% to $48.12, while Wipro was up about 2.6% to $13.56.

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