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Cognizant Technology Solutions Corp

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  • Feb 4- Cognizant Technology Solutions Corp's fourth-quarter revenue rose more than expected and the IT services provider forecast a pick up in annual revenue growth as healthcare and financial services clients in North America boost spending. The company shares rose as much as 6 percent to a record high of $58.38 on Wednesday. Like its Indian rivals Tata...

  • Feb 4- IT services provider Cognizant Technology Solutions Corp's fourth-quarter revenue rose a higher-than-expected 16.4 percent, helped by increased spending by healthcare and financial services customers in North America. Cognizant's Indian rivals, Tata Consultancy Services and Wipro Ltd have also forecast accelerating growth this year as...

  • Cognizant quarterly revenue rises on higher IT spending Wednesday, 4 Feb 2015 | 6:13 AM ET

    Feb 4- IT services provider Cognizant Technology Solutions Corp reported a 16.4 percent rise in quarterly revenue, helped by higher spending by healthcare and financial services customers. The company's net income rose to $362.9 million, or 59 cents per share, in the fourth quarter ended Dec. 31 from $324.3 million, or 53 cents per share, a year earlier.

  • Midday movers: Actavis, NRG, Tesla Motors & more Wednesday, 5 Nov 2014 | 1:06 PM ET

    Some of Wednesday's midday movers:

  • Nov 5- IT services provider Cognizant Technology Solutions Corp forecast current-quarter revenue and profit above analysts' estimates due to a rise in spending by financial services and healthcare customers. North America accounts for about three-quarters of the company's total revenue, while Europe makes up for about 18 percent. The company said in...

  • IT services provider Cognizant's revenue rises 12 pct Wednesday, 5 Nov 2014 | 6:09 AM ET

    Nov 5- IT services provider Cognizant Technology Solutions Corp reported a 12 percent rise in quarterly revenue due to higher spending by customers in North America and Europe. The company's net income rose to $355.6 million, or 58 cents per share, in the third quarter ended Sept. 30 from $319.6 million, or 53 cents per share, a year earlier. Revenue rose to $2.58...

  • Cognizant to buy IT firm Trizetto for $2.7B Monday, 15 Sep 2014 | 8:15 AM ET

    Cognizant is buying privately held health-care IT company Trizetto for $2.7 billion in cash, the company announced on Monday.

  • Sept 15- Cognizant Technology Solutions Corp struck its biggest deal on Monday, acquiring healthcare IT services provider TriZetto Corp for $2.7 billion to beef up its slowing healthcare business. Shares of the company, which is buying TriZetto from London- based private equity firm Apax Partners LLP, rose nearly 3 percent in premarket trading.

  • Early movers: MSFT, AAPL, NFLX, CTSH, BUD & more Monday, 15 Sep 2014 | 7:53 AM ET

    Some of the names on the move ahead of the open.

  • Sept 15- Cognizant Technology Solutions Corp said it would buy healthcare IT services provider TriZetto Corp for $2.7 billion from private equity firm Apax Partners, its largest deal ever. Private equity firm Apax Partners LLP was exploring a sale of TriZetto, sources told Reuters in August.

  • Sept 15- Cognizant Technology Solutions Corp said it would buy privately held healthcare IT services provider TriZetto Corp for $2.7 billion in cash. Cognizant said the deal would immediately add to adjusted profit. Cognizant said it would fund the deal through a combination of cash and debt and had secured $1 billion in financing.

  • Midday movers: AOL, Cerner, Ralph Lauren & More Wednesday, 6 Aug 2014 | 1:13 PM ET
    Traders work on the floor of the New York Stock Exchange in New York.

    Some of Wednesday's midday movers:

  • Top tech plays for the 2nd half: Milunovich Wednesday, 2 Jul 2014 | 6:34 PM ET

    UBS Managing Director Steve Milunovich shares his top tech plays for the second half of the year.

  • Momentum stocks get whacked again Wednesday, 7 May 2014 | 11:00 AM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks fluctuated on Wednesday, but the Nasdaq Composite remained in negative terrain, as investors cycled out of so-called momentum stocks.

  • Hedge funds get clobbered by 'diabolical' market Thursday, 17 Apr 2014 | 12:47 PM ET
    Trader on the floor of the New York Stock Exchange.

    Hedge funds continued to be burned in April by volatility in tech and other stocks following losses in March.

  • Midday movers: Tesla Motors, Blackberry, 2U & More Friday, 28 Mar 2014 | 12:10 PM ET

    Some of Friday's midday movers:

  • Lightning Round: Boeing, Dollar General & More Tuesday, 25 Mar 2014 | 6:37 PM ET

    It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Cognizant CEO: Tech in a 10-year cycle  Thursday, 6 Feb 2014 | 6:52 AM ET

    Francisco D'Souza, CEO of Cognizant Technology Solutions, breaks down his company's earnings, and weighs in on the shift in the landscape of technology.

  • Midday movers: CBS, Humana, Arch Coal & More Wednesday, 5 Feb 2014 | 1:44 PM ET
    Las Vegas Sands Corp, Sands Macao.

    Some of Wednesday's midday movers:

  • IBM's road to transformation hits a rough patch Wednesday, 22 Jan 2014 | 9:50 AM ET
    IBM's Watson

    We got an earnings report from IBM, and the picture they paint isn't pretty. The technology bellwether had a rough quarter.