|April 11, 2014|
|09:15 EDT||INFY||Infosys CEO Shibulal to retire, board commences search|
Infosys announced earlier today that its board has begun the search to select the successor to Mr. S. D. Shibulal, its CEO and Managing Director. Shibulal has expressed his desire to retire as the CEO and MD of the company and as a member of the board either on the date of the last board meeting before his superannuation - January 9, 2015 or when his successor is ready to assume office, whichever date is earlier. The board said it will short list and evaluate an internal slate of candidates with the assistance of Development Dimensions International The board has also appointed Egon Zehnder, an executive search firm, to assist in identifying an external slate of candidates.
News For INFY From The Last 14 Days
Check below for free stories on INFY the last two weeks.
|August 20, 2014|
|09:09 EDT||INFY||Fairchild Semiconductor volatility expected to move on deal report|
Subscribe for More Information
|August 14, 2014|
|10:05 EDT||INFY||On The Fly: Analyst Downgrade Summary|
Today's noteworthy downgrades include: Adidas (ADDYY) downgraded to Neutral from Buy at Goldman... Fabrinet (FN) downgraded at B. Riley... Freeport McMoRan (FCX) downgraded at Stifel... Infosys (INFY) downgraded to Hold from Buy at Jefferies... InterMune (ITMN) downgraded to Neutral from Buy at Goldman... Jones Energy (JONE) downgraded to Neutral from Overweight at JPMorgan... LVMH Moet Hennessy (LVMUY) downgraded to Neutral from Buy at Goldman... Madison Square Garden (MSG) downgraded to Hold from Buy at Topeka... Qualys (QLYS) downgraded to Sector Perform from Outperform at RBC Capital... SeaWorld (SEAS) downgraded to Market Perform from Outperform at Wells Fargo... Theravance Biopharma (TBPH) downgraded to Underperform from Neutral at RW Baird... URS Corporation (URS) downgraded to Neutral from Buy at Sterne Agee... ViaSat (VSAT) downgraded to Perform from Outperform at Oppenheimer... Wynn Resorts (WYNN) downgraded to Hold from Buy at Gabelli.
|07:41 EDT||INFY||Infosys downgraded to Hold from Buy at Jefferies|
Jefferies downgraded Infosys last night to Hold citing valuation and a lack of near-term catalysts for revenue growth. The firm lowered its price target for shares to $59 from $60.
|August 13, 2014|
|16:05 EDT||INFY||Infosys downgraded to Hold from Buy at Jefferies|