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Stock Market & Financial Investment News

News Breaks
June 12, 2014
05:34 EDTINFY, SAPInfosys to appoint Dr. Vishal Sikka as CEO, promotes U.B. Pravin Rao to COO
The Infosys (INFY) board announced the selection of Dr. Vishal Sikka as CEO and Managing Director of the company. Dr. Sikka will be inducted as a whole-time director of the board and CEO & MD on June 14. He will take over as CEO & MD from S. D. Shibulal on August 1. The board has also elevated U.B. Pravin Rao, president and whole-time director, as COO, with effect from June 14. Dr. Vishal Sikka was, until recently, a member of the executive board of SAP AG (SAP).
News For INFY;SAP From The Last 14 Days
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October 15, 2014
12:03 EDTINFYInfosys says no investments made in Ooyala, Clique Intelligence.
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11:27 EDTINFYOptions with decreasing implied volatility
Options with decreasing implied volatility: EXAS INO ATLS LOCO OPK INFY EUO FDO
October 14, 2014
15:24 EDTSAPIBM, SAP partner to accelerate Enterprise Cloud adoption
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11:17 EDTINFYOptions with decreasing implied volatility
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October 13, 2014
15:33 EDTSAPSAP announces SAP Cloud for Planning solution
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12:01 EDTINFYOptions with decreasing implied volatility
Options with decreasing implied volatility: EXAS INFY YUM FDO HSY
10:26 EDTINFYHigh option volume stocks
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10:08 EDTINFYOn The Fly: Analyst Upgrade Summary
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07:51 EDTINFYInfosys upgraded to Buy from Hold at Deutsche Bank
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06:11 EDTINFYInfosys upgraded to Buy from Hold at Deutsche Bank
October 10, 2014
13:29 EDTINFYInfosys price target raised to $56-$58 from $52-$54 at Wells Fargo
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11:18 EDTINFYOptions with decreasing implied volatility
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08:34 EDTSAPSAP CEO refutes Boerse Online, says business 'never stronger,' Reuters reports
In response to a report published by German website Boerse Online that quoted SAP sources as saying fourth quarter orders were below expectations, SAP CEO Bill McDermott told Reuters: "Our business has never been stronger. We have a fine, fine company and we are doing all the right things for our customers." McDermott also dismissed Boerse fueled speculation over cost cutting, telling Reuters, "We are investing, we are hiring, we have lots of things that we are doing to grow our company." Reference Link
08:32 EDTINFYInfosys reports Q2 EPS 89c, consensus 81c
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05:40 EDTINFYInfosys board approves bonus issue of one share for every share held
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05:36 EDTINFYInfosys maintains FY15 reveneue growth outlook 7%-9%
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05:35 EDTINFYInfosys reports Q2 EPS 89c, consensus 81c
Reports Q2 revenue $2.2B, consensus $2.2B. Infosys and its subsidiaries added 49 clients and 14,255 employees during the quarter.
October 9, 2014
14:56 EDTINFYInfosys technical comments ahead of earnings
The shares have outperformed in the past three months, with a decidedly bullish trend. At the current price of $59.45 the stock is not terribly far from its 52-week high at $63.20. This would likely be a level to be tested on better than expected results. If the news is sufficiently positive, it could lead to an additional breakout above the high with resistance at $65.04. If the news disappoints significantly, there is only a moderate percentage of the float short so there would be less buy-to-cover benefit. Over the past three years the $60 area has been tough resistance and disappointing results have lead to significant drops from that level. On an increasing band of negative surprises, support below would be at $57, $55.17, and $51.43 on an extreme move. The 52-week low is at $50.06.
14:09 EDTINFYInfosys October 60 straddle priced for 6.1% move into Q2
09:08 EDTSAPSAP and Birst partner for instant cloud analytics
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