GO
Loading...

Cognizant Technology Solutions Corp

More

  • 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...

  • 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.

  • 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.

  • NEW YORK, Aug 19- Private equity firm Apax Partners LLP is exploring a sale of U.S. healthcare information technology company TriZetto Corp, hoping to fetch as much as $3 billion including debt, according to people familiar with the matter.

  • UPDATE 2-Cognizant warns of slowest-ever revenue growth Wednesday, 6 Aug 2014 | 9:45 AM ET

    Aug 6- IT services provider Cognizant Technology Solutions Corp forecast its slowest full-year sales growth in its 20- year history, citing delays in booking revenue from some large deals.

  • UPDATE 1-Cognizant warns of slower growth; shares fall Wednesday, 6 Aug 2014 | 7:10 AM ET

    Aug 6- IT services provider Cognizant Technology Solutions Corp said it expects full-year sales to grow at a slower pace than previously forecast, citing weakness at some clients and delays in booking revenue from some large deals.

  • Cognizant quarterly revenue rises 16.5 pct Wednesday, 6 Aug 2014 | 6:11 AM ET

    Aug 5- IT services provider Cognizant Technology Solutions Corp reported a 16.5 percent rise in quarterly revenue, helped by higher IT spending in North America and Europe. The company's net income in the second quarter ended June 30 rose to $371.9 million, or 61 cents per share, from $300.4 million, or 49 cents per share, a year ago.

  • 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.

  • Cognizant moving to Texas  Wednesday, 4 Dec 2013 | 7:53 AM ET

    Gordon Coburn, Cognizant Technology Solutions president, discusses his company's plan to expand hiring and move its corporate headquarter from New Jersey to the Lone Star State.

  • Early movers: AOL, KORS, TMUS, CVS, AIG & more Tuesday, 5 Nov 2013 | 7:38 AM ET

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

  • Think you figured out the Fed? Spare us Wednesday, 7 Aug 2013 | 4:03 PM ET

    Stocks have had a run of bad days as investors worry about the effects of Fed tapering, which could start as soon as September. But some experts say the markets have it all wrong.