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Stock Market & Financial Investment News

News Breaks
July 16, 2014
06:22 EDTIGTEiGATE reports Q2 adjusted EPS 48c, consensus 47c
Reports Q2 revenue $311.75M, consensus $306.41M
News For IGTE From The Last 14 Days
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April 22, 2015
19:22 EDTIGTECapgemini likely to acquire 54% stake in iGATE, Times of India says
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April 20, 2015
08:49 EDTIGTEiGATE price target raised to $55 from $47 at Maxim
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April 17, 2015
10:51 EDTIGTEiGATE price target raised to $55 from $47 at Maxim
09:14 EDTIGTEOn The Fly: Pre-market Movers
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09:03 EDTIGTEUBS assumes a 30% premium in a potential takeout of iGATE
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08:25 EDTIGTEReport of Apax interest in selling iGATE stake not surprising, says Wells Fargo
Wells Fargo said it was not surprised by an Indian media report that Apax Partners is reviewing alternatives to sell its stake in iGATE, noting that is new CEOs efforts to accelerate growth have been slow to take hold. The firm, which has a Market Perform rating on iGATE, noted that its shares have been highly volatile since the beginning of the year, despite little news flow.
08:10 EDTIGTEFrench IT companies vying to buy Apax stake in iGATE, Business Standard says
Private equity investor Apax Partners is in early talks to sell its 29% stake in iGATE and IT service providers Capgemini and Atos have both shown interest, according to Business Standard, citing sources. Reference Link

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