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Stock Market & Financial Investment News

News Breaks
July 12, 2012
07:28 EDTINFY, PTI, WITInfosys 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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July 29, 2015
09:02 EDTWITWipro selected by DSM to provide workplace services
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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 23, 2015
09:48 EDTWITWipro sees Q2 IT Services revenue $1.82B-$186B
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09:48 EDTWITWipro reports Q1 revenue $1.9B, consensus $1.84B
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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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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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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.

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