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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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July 30, 2015
12:55 EDTSAPOn The Fly: Top stock stories at midday
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July 29, 2015
16:49 EDTSAPOpenText announces expanded partnership with SAP
OpenText (OTEX) and SAP (SAP) announced they will team up with OpenText to provide B2B managed services capabilities to multi-national businesses. "OpenText is pleased to expand its partnership with SAP to help companies simplify the increasing complexities of trading partners and B2B management," said Mark Barrenechea, president and CEO of OpenText. "We can address the timely and complex integrations that many customers have with their trading partners around the world. SAP, together with Ariba, an SAP company, and OpenText will provide customers a solution that enables them to improve time to revenue, reduce costs and helps to advance the digital transformation that today's leaders are undertaking."
06:50 EDTSAPDescartes Systems partners with SAP for transportation software development
Descartes Systems (DSGX) has signed a software development cooperation agreement with SAP (SAP). The partnership creates a logistics message exchange between Descartes' cloud-based Global Logistics Network and the SAP Transportation Management application. The partnership is designed to provide end-to-end shipment visibility and control across the logistics network and help ensure that the supporting customs security and fiscal filings are executed.
July 27, 2015
10:29 EDTINFYOptions with decreasing implied volatility
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July 24, 2015
09:36 EDTINFYInfosys upgraded to Outperform from Neutral at Macquarie
July 22, 2015
10:15 EDTINFYOptions with decreasing implied volatility
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July 21, 2015
10:24 EDTINFYOptions with decreasing implied volatility
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10:01 EDTSAPSAP NS2 announces strategic partnership with Virtustream
SAP National Security Services, an independent, U.S. based subsidiary of SAP, announced a strategic partnership with Virtustream to support SAP NS2ís goal of providing FedRAMP compliant services. The new partnership allows agencies to streamline the time to deployment of software solutions and to scale their SAP HANA landscapes with on-demand capacity, all while adhering to the necessary security controls and policies identified through the FedRAMP process.
05:29 EDTINFYInfosys sees FY15 IFRS revenue up 7.2%-9.2% in USD terms
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05:28 EDTINFYInfosys reports Q1 EPS 21c, consensus 21c
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05:26 EDTSAPSAP backs FY15 non-IFRS cloud subscriptions, support revenue EUR 1.95B-EUR 2.05B
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05:22 EDTSAPSAP reports Q2 EPS EUR 0.39 vs. EUR 0.47 last year
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July 20, 2015
14:44 EDTINFYInfosys volatility increases into Q1 and outlook
Infosys August call option implied volatility is at 34, September is at 29; compared to its 52-week range of 21 to 41, suggesting large near term price movement into the expected release of Q1 results on July 21.
13:16 EDTINFYInfosys technical comments ahead of results
The stock has been trading in a sideways range for the last several weeks bound by $15.25 at the low and $16.35 at the high. If the news is bullish, a breakout above the range at $16.35 would see next resistance at $17.05. Thereafter resistance would be at $17.70 and $18.18. If the news is bearish, a breakdown below $15 would see next support at $14.61. The irregularly-shaped potential head and shoulders pattern would also become active. That pattern could reach the $12 to $11.50 area over time if nothing interrupts its progress.
12:40 EDTSAPEarnings Watch: IBM up 4% since last quarterly report
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