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Stock Market & Financial Investment News

News Breaks
July 12, 2012
07:28 EDTPTI, WIT, INFYInfosys CEO says clients not confident, outlook weak, NDTV reports
Infosys (INFY) CEO said the company's results and its visibility are being negatively impacted by a lack of confidence at large clients based on the macro environment, according to an interview summarized by NDTV Profit. The Fly notes that Infosys shares plunged in Indian trading after the company cut its guidance. Peers of Infosys include Wipro (WIT), which was also sharply lower in Indian trade, and Patni Computer (PTI). Reference Link
News For INFY;WIT;PTI From The Last 14 Days
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November 18, 2014
12:50 EDTINFYInfosys BPO unit fires CFO, unit CEO resigns
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November 13, 2014
08:52 EDTINFYInfosys among suitors for Airbus' CIMPA unit, Economic Times says
Infosys (INFY) is among the suitors looking to acquire CIMPA, the engineering services unit of Airbus (EADSY), said Economic Times, citing people familiar with the matter, who added that Infosys could also get a revenue assurance from Airbus as part of a deal. Reference Link
November 10, 2014
10:04 EDTWITOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Abercrombie & Fitch (ANF) downgraded at Oppenheimer... American Eagle (AEO) downgraded to Neutral from Buy at B. Riley... BP (BP) downgraded to Neutral from Overweight at JPMorgan... Callon Petroleum (CPE) downgraded to Neutral from Buy at SunTrust... EP Energy (EPE) downgraded to Hold from Buy at Deutsche Bank... Eaton Vance (EV) downgraded at Sterne Agee... Ecopetrol (EC) downgraded to Underperform from Sector Perform at RBC Capital... General Mills (GIS) downgraded to Sector Perform from Outperform at RBC Capital... Genworth (GNW) downgraded to Market Perform from Outperform at Keefe Bruyette... MasTec (MTZ) downgraded to Hold from Buy at BB&T... Ocean Rig UDW (ORIG) downgraded to Neutral from Buy at Guggenheim... Performant Financial (PFMT) downgraded at Morgan Stanley... Petrobras (PBR) downgraded to Market Perform from Outperform at Cowen... R.R. Donnelley (RRD) downgraded to Hold from Buy at Benchmark Co.... Rex Energy (REXX) downgraded to Market Perform from Outperform at BMO Capital... Salix (SLXP) downgraded to Neutral from Buy at Mizuho... Siemens (SIEGY) downgraded to Neutral from Overweight at JPMorgan... Solazyme (SZYM) downgraded to Equal Weight from Overweight at Morgan Stanley... Stonegate Mortgage (SGM) downgraded to Market Perform at FBR Capital... Syngenta (SYT) downgraded to Neutral from Overweight at HSBC... ViaSat (VSAT) downgraded to Hold from Buy at Needham... Vistaprint (VPRT) downgraded to Neutral from Buy at SunTrust... Walter Investment (WAC) downgraded at Sterne Agee... WesBanco (WSBC) downgraded to Market Perform from Outperform at Keefe Bruyette... Whiting USA Trust II (WHZ) downgraded to Underperform at Raymond James... Wipro (WIT) downgraded to Sell from Buy at UBS... XOMA (XOMA) downgraded to Neutral from Buy at Ladenburg... Yanzhou Coal (YZC) downgraded to Sell from Hold at Deutsche Bank.
06:06 EDTWITWipro downgraded to Sell from Buy at UBS
UBS downgraded Wipro two notches to Sell from Buy based on slower demand and lower digital exposure.
November 7, 2014
05:08 EDTINFYInfosys announces strategic partnership with Tableau
Infosys (INFY) announced a strategic partnership with Tableau Software (DATA). The partnership will combine the global talent pool and client reach of Infosys with Tableau's breakthrough analytics technology. As part of the partnership, Infosys will integrate Tableau's software into the solutions it deploys to help clients unlock the power of big data.

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