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Stock Market & Financial Investment News

News Breaks
March 13, 2014
06:54 EDTINFYInfosys falls after Murthy's sales growth projections, Bloomberg says
Infosys shares were positioned for the largest loss in 11 months after chairman N.R. Narayana Murthy told investors that annual sales growth may be at the lower end of its expectations and lag behind industry forecast, according to Bloomberg, citing comments from Murthy. Reference Link
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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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