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Yucheng Announces Changes to Its Subcommittees of Its Board of Directors
Monday, August 22, 2011 - 6:50am | 186Yucheng Technologies Limited (NASDAQ: YTEC) today announced the changes to its subcommittees of its board of directors. Our board consists of five directors, including Weidong Hong, the Chairman and Chief Executive Officer, Shuo Zeng, Chief Operating Officer, and independent directors Jeffrey R...
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Cognizant Authorizes Up to $300M for Additional Share Repurchase
Friday, August 19, 2011 - 3:20pm | 41Cognizant (NASDAQ: CTSH) today announced that its Board of Directors has authorized the expansion of its existing share repurchase program by $300 million, bringing the total authorization under the current repurchase program to $600 million.
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UPDATE: BGB Securities Initiates Coverage on Computer Task Group
Friday, August 19, 2011 - 9:19am | 123BGB Securities has published a research report on Computer Task Group (NASDAQ: CTGX), initiating coverage on the company. In the report, BGB Securities wrote, "We are initiating coverage of Computer Task Group, Inc (CTGX) with a Buy rating and $14 price target. We believe that CTGX is well...
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BGB Initiates Computer Task Group At Buy, $14 PT
Friday, August 19, 2011 - 8:04am | 26BGB Securities has initiated coverage on Computer Task Group (NASDAQ: CTGX) with a Buy rating and $14 price target.
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SAIC Awarded $29 Million Contract by U.S. Marine Corps System Command
Tuesday, August 16, 2011 - 7:50am | 158Science Applications International Corporation (NYSE: SAI) today announced it was awarded a prime contract by Marine Corps System Command's Information Systems and Infrastructure Product Group to provide systems integration services in support of the Total Force Structure Management System. The...
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HiSoft Technology Screams Higher on Q2 Earnings Results
Monday, August 15, 2011 - 5:13pm | 197Shares of HiSoft Technology (NASDAQ: MSFT) are trading higher in the after-hours following the release of the company's Q2 earnings results. Currently, shares are higher by 8.94%, trading at $12.55; they ended the regular session higher by 8.47%, at $11.52. HiSoft Technology reported Q2 EPS of $0...
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UPDATE: Jefferies Downgrades iGate from Buy to Hold and Lowers PT from $26 to $13
Monday, August 15, 2011 - 9:02am | 109Jefferies has published a research report on iGate Corporation (NASDAQ: IGTE) downgrading the company and lowering the price target. In the report, Jefferies wrote, "The recent transformational acquisition of Patni has long-term potential, but in the near-term we see integration and balance sheet...
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Jefferies Downgrading Lionbridge Technologies
Monday, August 15, 2011 - 7:47am | 118Morgan Stanley is out with a research report on Lionbridge Technologies (NASDAQ: LIOX) and is downgrading shares to Hold with a $2.75 price target on shares. In a note to clients, Morgan Stanley writes, "2Q results suggest LIOX may be turning the corner in terms of operational performance, but we...
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Goldman Sachs Downgrades CGI Group To Neutral
Monday, August 15, 2011 - 6:30am | 20Goldman Sachs has downgraded CGI Group (NYSE: GIB) from Buy to Neutral.
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Goldman Sachs Removes CTSH From CL-Buy List
Monday, August 15, 2011 - 6:28am | 24Goldman Sachs has removed Buy-rated Cognizant Technology Solutions (NASDAQ: CTSH) from the Americas Conviction Buy List.
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Jefferies Downgrades Lionbridge Technologies To Hold, Lowers PT To $2.75
Monday, August 15, 2011 - 5:46am | 28Jefferies & Company has downgraded Lionbridge Technologies (NASDAQ: LIOX) from Buy to Hold and has lowered the price target from $5 to $2.75.
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Jefferies Downgrades iGATE To Hold, Lowers PT To $13
Monday, August 15, 2011 - 5:45am | 27Jefferies & Company has downgraded iGATE (NASDAQ: IGTE) from Buy to Hold and has lowered the price target from $26 to $13.
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Thursday's Defense and Security Stocks Trading: Acorn Energy, Abaxis, Raytheon, Kratos Defense
Friday, August 12, 2011 - 12:52pm | 858Point Roberts, WA - August 12, 2011 - Investorideas.com, an investor research portal covering multiple stock sectors including defense and security stocks, presents a sector close up on defense and security stocks Aug 11. Investors saw gains in Thursday's trading session as the roller coaster week...
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Rainmaker Signs Leading Software Publisher to Drive Revenues via New B2B e-Commerce Store
Thursday, August 11, 2011 - 4:10pm | 176Rainmaker Systems, Inc. (NASDAQ: RMKR) today announced it has signed an agreement with a leading software publisher for a B2B e-commerce storefront. Rainmaker was chosen to help this large software publisher launch its first B2B e-commerce storefront. This partnership will enable the clients'...
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Multiband Accelerates Initial Portion of WPCS Acquisition
Thursday, August 11, 2011 - 4:08pm | 147Multiband Corporation (NASDAQ: MBND) today announced in conjunction with WPCS International Incorporated (NASDAQ: WPCS), that they have signed a non-binding letter of intent (LOI) whereby Multiband will purchase from WPCS the WPCS operation centers located in St. Louis, Missouri and Sarasota,...