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Cognizant Technology Solutions Corp

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  • MUMBAI, May 29- India's second largest IT services exporter Infosys Ltd is under pressure to bring in a new chief executive soon to check an exodus of junior staff and reassure investors after a slew of departures at the top.

  • Leaving the dream: Infosys battles worker exodus Saturday, 10 May 2014 | 10:00 PM ET

    MUMBAI, May 11- Infosys Ltd, once a bellwether for India's $100 billion- plus IT outsourcing industry, is losing its cachet as the employer of choice for a generation of young IT workers, with staff leaving at an unprecedented pace as the Bangalore- based company struggles to regain ground lost to rivals.

  • *Sees 2nd- qtr revenue $2.50 bln- $2.53 bln vs est. May 7- Technology outsourcing company Cognizant Technology Solutions Corp said growth in its North America healthcare business would remain slow this quarter due to lower spending by customers adjusting to U.S. healthcare reforms.

  • 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.

  • *Forecasts 2nd- quarter revenue $2.50 bln- $2.53 bln vs est. May 7- Technology outsourcing company Cognizant Technology Solutions Corp said growth in its North America healthcare business would remain slow this quarter due to lower spending by customers as they adjust to changes brought on by Obamacare.

  • May 7- Technology outsourcing company Cognizant Technology Solutions Corp reported a better-than-expected profit for the first quarter as customers in Europe raised their IT spending. Europe contributed $470.1 million, or 19.4 percent, to total revenue in the quarter ended March 31.

  • Cognizant's quarterly revenue rises 20 pct Wednesday, 7 May 2014 | 6:12 AM ET

    May 7- Technology services provider Cognizant Technology Solutions Corp posted a 20 percent rise in quarterly revenue as its customers in North America and Europe raised their IT spending. The company's net income rose to $348.9 million, or 57 cents per share, in the first quarter ended March 31 from $284.2 million, or 47 cents per share, a year earlier.

  • 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.

  • 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.

  • *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.