Wipro, India's third largest information technology outsourcer, missed forecasts with a 15 percent rise in quarterly profit, as the global economic downturn hurt demand from its major Western clients.
India's Infosys Technologies beat expectations with a 21% rise in quarterly profit thanks to a weaker rupee, and raised its full year guidance on hopes for a revival in outsourcing demand.
Erin Burnett has been travelling the globe in search of the market movers of tomorrow. So far she has been to Dubai, will be in Mumbai, India tomorrow and goes to London next week. Here are some stats on the economies she has visited.
There's been lots of speculation about why HP is willing to shell out nearly $14 billion for EDS when that company's shares have flat-lined recently. Why spend a 30 percent premium on an also-ran player in services and technology outsourcing?
Hewlett-Packard has struck a deal to buy Electronic Data Systems for $12.6 billion, seeking to boost its technology services business to better compete against market leader IBM.
Is the global growth trade back on after S&P upgraded Brazil’s sovereign debt this week?
All three major indexes finished slightly higher Tuesday, led by energy and bank stocks, as investors processed some not-horrible earnings results. Airline stocks skidded amid concerns about fuel prices and viability.
Stocks traded mixed Tuesday as not-horrible earnings failed to quell market jitters about earnings.
Stocks opened higher Tuesday after a tame core inflation reading, a better-than-expected manufacturing report and news of a Delta-Northwest deal.
India's Infosys Technologies missed market forecasts with a 9.6 percent rise in quarterly profit, and sounded a cautious note for its short-term outlook on global worries that could hit outsourcing demand.
See the entire basket of 20 stocks that we feel best refelcts our growing world. These trades are compliments of Tim Seymour, Fast Money's favorite emerging markets specialist.
Time to sort through the Fast Money in-box and answer more of your questions. Rob from Wisconsin writes, "What’s happening in retail, especially with JC Penney?"
Cramer makes the call on viewers' favorite stocks.
When the economy rebounds, where's your portfolio going to be? UBS says that's a question to answer right now. The bank released what it calls its "'New' Nifty Fifty," a list of 50 companies from around the world that can use today's troubling market conditions to position themselves to thrive when the economy rebounds. (PART 3)
Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Standard and Poor's has just released the results of its twice-a-year stock screen, designed to find Warren Buffett-style stocks. The new list features several tech stocks, including Apple, as well as a number of names from Europe and Asia. But some key Buffett criteria aren't taken into account by the screen.
India's lucrative outsourcing industry struggled Thursday to overcome Internet slowdowns and outages after cuts in two undersea cables sliced the country's bandwidth in half.
Infosys Technologies, India's No.2 software services exporter, beat forecasts with a 25.2 percent rise in quarterly profit, helped by strong demand from Europe and a tax refund.
It’s widely believed that India will ink a free trade deal with the European Union sometime soon. What should you know about this global giant that you probably don't?
Rising oil prices have not stopped consumers from going to the mall. Retailer Guess is enjoying a 15% surge in their stock price. The clothing company reported better than expected revenue.