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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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January 28, 2015
17:11 EDTINFY, WITWipro downgraded to Underperform from Hold at Jefferies
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17:10 EDTINFYInfosys downgraded to Underperform from Hold at Jefferies
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January 26, 2015
09:14 EDTWITRiT Technologies and Wipro sign cooperation agreement
RiT Technologies (RITT) announced that it has signed an MOU with Wipro (WIT). Under the agreement, the parties will cooperate in identifying relevant projects in India and customizing their integrated solutions for projects, to maximize their business in India. The cooperation between RiT and Wipro seeks to address challenges faced by IT departments in dynamic, complex and geographically distributed environments, along with the rising demand for bandwidth, storage and computing power with limited space and resources. RiT is forming this partnership as a result of the growing demand in India for innovative IT solutions. IT spending in India is projected to reach a total of $73.3 billion in 2015, a 9.4 percent increase from the $67.1 billion forecast for 2014, according to Gartner.
January 23, 2015
07:39 EDTCTSHCognizant reinstated with an Outperform at Credit Suisse
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January 16, 2015
09:37 EDTWITWipro announces retirement of CFO Suresh Senapaty
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09:33 EDTWITWipro sees Q4 revenue $1.81B-$1.85B, consensus $2.04B.
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09:32 EDTWITWipro reports Q3 EPS 14c, consensus 14c
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