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Stock Market & Financial Investment News

News Breaks
May 28, 2014
13:58 EDTINFYInfosys co-President B.G. Srinivas resigns
Earlier today, Infosys announced the resignation of B.G. Srinivas, President and member of the board. The resignation is effective June 10. The Board of Directors placed on record their deep sense of appreciation for the services rendered by B. G. Srinivas during his tenure as Member of the Board and for his contribution to the company. Shares of Infosys are down 3.59% to $51.02 in afternoon trading.
News For INFY From The Last 14 Days
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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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