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Stock Market & Financial Investment News

News For NYX;INFY;NDAQ From The Last 14 Days
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April 30, 2015
07:39 EDTINFYInfosys partners with Microsoft to offer Finacle on Azure
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April 29, 2015
09:59 EDTNDAQNASDAQ apologizes for role in Twitter earnings leak
In a statement to CNBC, NASDAQ (NDAQ) said: "Yesterday at 3:07 pm EDT, Shareholder.com inadvertently posted Twitter's (TWTR) earnings release prematurely on its investor relations website. The posting was caused by an operational issue that exposed the release on Twitter's IR website for approximately 45 seconds. During those seconds the site was scraped by a third party that publicly disseminated the earnings information. We regret the incident and remain fully committed to providing the highest quality Investor Relations communication product and services to our clients."
08:16 EDTNDAQBGC Partners says now owns more than two-thirds of GFI outstanding shares
On April 28, a subsidiary of BGC (BGCP) purchased from GFI (GFIG) approximately 43M newly issued shares of GFIs common stock at that dates closing price of $5.81 per share, for an aggregate purchase price of $250M. The purchase price was paid to GFI in the form of a note due on June 19, 2018 that bears an interest rate of LIBOR plus 200 basis points. Due to intercompany eliminations, the new shares and the note will have no impact on the consolidated balance sheet of BGC. Following the issuance of the New Shares, BGC owns approximately 67% of GFIs outstanding common stock. The company said: A successful sale of Trayport, combined with increased profits from integrating GFI, growing our fully electronic businesses, and the strength of our Real Estate Services business, will lead to dramatically higher liquidity. We also anticipate receiving over $635M in additional NASDAQ OMX (NDAQ) stock over time. As we execute our strategy, we expect to have significant capital with which to pay dividends, repurchase shares and/or units of BGC, profitably hire, and make accretive acquisitions, all while maintaining our investment grade rating.
April 27, 2015
10:00 EDTINFYOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 3D Systems (DDD) downgraded to Hold from Buy at Canaccord... Akorn (AKRX) downgraded to Neutral from Overweight at Piper Jaffray... Allegiant Travel (ALGT) downgraded to Fair Value from Buy at CRT Capital... Altera (ALTR) downgraded to Neutral from Outperform at Baird... Amazon.com (AMZN) downgraded on valuation at Argus... American Science & Engineering (ASEI) downgraded to Sell from Fair Value at CRT Capital... Basic Energy (BAS) downgraded to Underperform from Neutral at Macquarie... C.H. Robinson (CHRW) downgraded to Sell from Neutral at UBS... Celladon (CLDN) downgraded to Neutral from Buy at Roth Capital... DST Systems (DST) downgraded to Neutral from Outperform at Credit Suisse... DeVry (DV) downgraded on weaker than expected outlook at Stifel... Eaton Vance (EV) downgraded to Sell from Neutral at Citigroup... Emerge Energy (EMES) downgraded to Hold from Buy at Wunderlich... FMC Technologies (FTI) downgraded to Accumulate from Speculative Buy at Global Hunter... Fibria Celulose (FBR) downgraded to Underweight from Equal Weight at Morgan Stanley... Forum Energy (FET) downgraded to Neutral at Baird... Gulf Island Fabrication (GIFI) downgraded to Hold from Accumulate at Johnson Rice... Hancock Holding (HBHC) downgraded to Hold from Buy at Drexel Hamilton... Hi-Crush Partners (HCLP) downgraded to Hold from Buy at Wunderlich... Houghton Mifflin (HMHC) downgraded to Neutral from Buy at Citigroup (Friday)... Infosys (INFY) downgraded to Hold from Buy at Deutsche Bank... Marvell (MRVL) downgraded to Hold from Buy at Craig-Hallum... Merge Healthcare (MRGE) downgraded to Hold from Buy at Topeka... Oceaneering (OII) downgraded to Neutral from Buy at Goldman... Omega Healthcare (OHI) downgraded at BofA/Merrill... Perrigo (PRGO) downgraded to Neutral from Buy at UBS... Petrobras (PBR) downgraded to Underweight from Equal Weight at Morgan Stanley... Procter & Gamble (PG) downgraded on lack of upside at CLSA... ResMed (RMD) downgraded to Neutral from Buy at Goldman... Seadrill (SDRL) downgraded to Sell from Neutral at Citigroup... Six Flags (SIX) downgraded to Neutral from Buy at Goldman... Stratasys (SSYS) downgraded to Hold at Canaccord... Telecom Italia (TI) downgraded to Neutral from Buy at BofA/Merrill... Twitter (TWTR) downgraded to Neutral from Buy at SunTrust... United Continental (UAL) downgraded to Fair Value from Buy at CRT Capital... Virgin America (VA) downgraded to Sell from Buy at CRT Capital.
07:56 EDTINFYInfosys downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank downgraded Infosys to Hold saying the company's FY16 revenue growth guidance is "not modest" and its FY20 goals look "aggressive."
07:27 EDTINFYAccenture has made transition to higher level work, says Wells Fargo
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April 24, 2015
10:00 EDTNDAQOn The Fly: Analyst Downgrade Summary
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10:00 EDTINFYInfosys falls after earnings, levels to watch
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06:40 EDTNDAQNASDAQ downgraded to Sector Perform from Outperform at Portales
05:34 EDTINFYInfosys sees industry going through 'fundamental and structural transition'
CEO Vishal Sikka commented, "Despite being a challenging quarter, I am encouraged by the early successes in executing our Renew-New strategy, on a foundation of learning."
05:33 EDTINFYInfosys sees FY16 revenue growth of 10%-12% in constant currency terms
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05:32 EDTINFYInfosys board increases dividend pay-out ratio to 50% of post-tax profits
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05:31 EDTINFYInfosys board recommends bonus issue of one equity share for every share held
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05:28 EDTINFYInfosys reports Q4 EPS 44c, consensus 44c
Reports Q4 revenue $2.16B, consensus $2.24B
April 23, 2015
15:01 EDTINFYNotable companies reporting before tomorrow's open
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07:06 EDTNDAQNASDAQ raises quarterly dividend to 25c from 15c
NASDAQ declared a regular quarterly dividend of 25c per share on the company's outstanding common stock, an increase of 67% from the prior 15c per share quarterly dividend. The dividend is payable on June 26, to shareowners of record at the close of business on June 12.
07:05 EDTNDAQNASDAQ lowers operating expense guidance to $1.085B-$1.11B
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07:04 EDTNDAQNASDAQ reports Q1 EPS 80c, consensus 78c
Reports Q1 revenue $507M, consensus $516.59M. . On an organic basis, excluding the impact of foreign exchange rates and acquisitions, non-trading segment organic growth was 3%. NASDAQ said a restructuring effort eliminated $17M-$19M in annualized expenses. The company will incur related charges of $63M, of which $31M was realized in Q1. In addition, restructuring charges included a non-cash charge of $119M related to global rebranding initiatives.
April 22, 2015
15:50 EDTNDAQNotable companies reporting before tomorrow's open
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