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Stock Market & Financial Investment News

News Breaks
October 12, 2012
06:33 EDTCTSH, WIT, INFYInfosys: Global economic uncertainties continue to face industry
Infosys (INFY) said in its earnings press release, "Global economic uncertainties continue to face the industry. We have increased employee wages, used some of our cash in a transformational acquisition of a consulting business and enhanced our investment in R&D and solutions. These initiatives will position us well in the industry and provide a strong platform for future growth." Infosys peers include Wipro (WIT) and Cognizant (CTSH).
News For INFY;WIT;CTSH From The Last 14 Days
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May 26, 2015
20:46 EDTCTSHCowen to hold a conference
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May 19, 2015
07:54 EDTWITWipro and ActiveState announced partnership
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May 17, 2015
15:07 EDTINFYInfosys likely to spend cash on acquisitions rather than returns, Barron's says
Infosys is likely to spend its capital on additional acquisitions rather than shareholder returns, Barron's contends in its 'International Trader - Asia' column. Barron's notes that the company has targeted an 18% annualized rate of revenue growth and looks to deepen its presence in social, mobile, "big data," and cloud through buyouts. Reference Link

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