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Cognizant Technology Solutions Corp

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  • April 10- IT services company iGate Corp said revenue would grow faster in the second half of the year, after it reported better-than-expected quarterly results due to customer additions and higher revenue from Europe and financial industry clients.

  • April 10- IT services provider iGate Corp reported better-than-expected quarterly results as it added more customers, and revenue rose in Europe and from its financial industry clients. IGate shares rose 3 percent in premarket trade on Thursday. IGate expects adjusted EBITDA margins to be modestly lower in the second quarter due to a planned wage increase.

  • 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.

  • *Gilead Sciences shares weigh the most on S&P 500. NEW YORK, Feb 5- U.S. stocks slipped on Wednesday as technical support offset the latest batch of mixed data, which failed to lift sentiment after a string of soft economic indicators earlier in the week.

  • US STOCKS-Wall St closes lower, but bounces off support Wednesday, 5 Feb 2014 | 4:48 PM ET

    *Gilead Sciences shares weigh the most on S&P 500. NEW YORK, Feb 5- U.S. stocks dipped on Wednesday as technical support offset the latest batch of mixed data, which failed to lift sentiment after a string of soft economic indicators earlier in the week.

  • *Gilead Sciences shares weigh the most on S&P 500. NEW YORK, Feb 5- U.S. stocks bounced off a technical support level on Wednesday, after the S&P 500 hit its lowest level since mid-October, although mixed data gave investors few reasons to buy equities.

  • 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:

  • UPDATE 2-Cognizant sees revenue below Street, shares fall Wednesday, 5 Feb 2014 | 12:10 PM ET

    *Expects 2014 revenue of at least $10.3 bln vs est $10.38 bln. Feb 5- Cognizant Technology Solutions Corp forecast 2014 revenue below analysts' expectations, raising concerns that the IT services provider's scorching growth may be cooling off.

  • *Gilead Sciences shares weigh the most on S&P 500. NEW YORK, Feb 5- U.S. stocks fell on Wednesday after mixed data gave investors few reasons to return to the market in what could be the middle of a long-awaited correction.

  • *Tableau Software soars after earnings, outlook. NEW YORK, Feb 5- U.S. stocks were set to fall at the open on Wednesday after a slightly disappointing reading on the private labor market and ahead of data on the services sector.

  • Last month, India's top IT services provider Tata Consultancy Services Ltd said it expected sales growth to accelerate in its financial year ending March 2015. Infosys Ltd lifted its sales growth outlook for this fiscal year on signs of an economic revival in the United States and Europe.

  • Feb 5- IT services firm Cognizant Technology Solutions Corp reported higher quarterly revenue, helped by a 22 percent rise in revenue from its financial services business. Cognizant's net income rose to $324.3 million, or $1.06 per share, in the fourth quarter ended Dec. 31, from $278.8 million, or 92 cents per share, a year earlier.

  • 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.

  • *Q3 net profit 28.75 bln rupees vs estimate 27.15 bln rupees. MYSORE, India, Jan 10- India's Infosys Ltd is chasing more big-ticket contracts from Europe and the United States this year and keeping a lid on costs as the outsourcing services giant powers ahead with a turnaround to regain market share.

  • 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.

  • Dec 2- Cognizant Technology Solutions Corp will hire at least 10,000 people in the United States over the next three years, the IT services firm's president, Gordon Coburn, said.

  • *First-quarter revenue $2.02 bln vs estimate of $2.01 bln. May 8- Cognizant Technology Solutions Corp forecast current-quarter revenue above market expectations after an 18 percent rise in the first quarter, helped by strong demand from Europe. First-quarter sales from Europe rose 23 percent, outpacing a 16 percent growth in North America.

  • Cognizant to hire 10,000 in US in next 3 years Monday, 2 Dec 2013 | 1:55 PM ET

    Dec 2- Cognizant Technology Solutions Corp will hire at least 10,000 people in the United States over the next three years, the IT services firm's president, Gordon Coburn, said.

  • *Sees 2013 earnings of at least $4.01/ share vs prev forecast $3.96. *Expects 2013 revenue of at least $8.84 bln vs est $8.74 bln.

  • 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.