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ManTech Awarded $57 Million Contract
Monday, January 24, 2011 - 9:02am | 54ManTech International Corporation (NASDAQ: MANT) announced today that the company was awarded a $57 million contract by Naval Air Warfare Center Aircraft Division to provide engineering, technical and administrative support for naval aircraft and systems. The contract has a one-year period of...
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SAIC Awarded $102 Million Contract
Monday, January 24, 2011 - 8:50am | 84Science Applications International Corporation (NYSE: SAI) announced today it was awarded a prime contract by the 1st Theater Sustainment Command to provide logistics services in support of 1st TSC activities throughout the U.S. Central Command area of responsibility. The contract has a one year...
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8 Companies with a Ton of Cash - Investment Ideas
Monday, January 24, 2011 - 1:00am | 1272It's no secret that corporations are sitting on huge piles of cash these days. In fact, companies have close to $2 trillion in cash and other liquid assets on their books. It's understandable that companies are a little gun-shy after the recent economic downturn. As the economy improves, however,...
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Wipro Matches Estimates - Analyst Blog
Friday, January 21, 2011 - 4:01pm | 513Wipro Ltd. (WIT) reported earnings per share from continuing operations of 12 cents in the third quarter of 2011 matching the Zacks Consensus Estimate. Total revenue in the quarter was Rs.78.29 billion ($1.75 billion), up 12% over the corresponding prior-year period. IT Services segment derived...
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Wipro Matches Estimates - Analyst Blog
Friday, January 21, 2011 - 3:37pm | 513Wipro Ltd. (WIT) reported earnings per share from continuing operations of 12 cents in the third quarter of 2011 matching the Zacks Consensus Estimate. Total revenue in the quarter was Rs.78.29 billion ($1.75 billion), up 12% over the corresponding prior-year period. IT Services segment derived...
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Benzinga's Top Downgrades (WIT, SYNA, AXS, TTEK)
Friday, January 21, 2011 - 9:36am | 135Wipro Limited (NYSE: WIT) was downgraded by BofA/Merrill from "buy" to "neutral." WIT's shares closed at $14.98 yesterday. Wipro's PEG ratio is 2.49. Synaptics Incorporated (NASDAQ: SYNA) was downgraded by JP Morgan from "overweight" to "neutral." SYNA's stock closed at $32.05 yesterday. Synaptics...
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Benzinga's Top Upgrades (SHAW, KMX, WAG, INFY)
Friday, January 21, 2011 - 9:18am | 130Shaw Group Inc (The) (NYSE: SHAW) was upgraded by RW Baird from "neutral" to "outperform." SHAW's shares closed at $38.67 yesterday. Shaw's trailing-twelve-month revenue is $6.68 billion. Credit Suisse upgrade CarMax Inc (NYSE: KMX) from "neutral" to "outperform.” KMX's shares closed at $31.90...
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SAIC-led Team Continues to Pursue Ground Combat Vehicle Program
Friday, January 21, 2011 - 8:51am | 86Science Applications International Corporation (NYSE: SAI) announced today it will continue to lead a team pursuing the U.S. Army's Ground Combat Vehicle program. The SAIC-led team submitted a revised proposal for the technology development phase of the Infantry Fighting Vehicle being developed...
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Nomura Upgrades INFY To Buy
Friday, January 21, 2011 - 7:30am | 40Analysts at Nomura upgrade Infosys Technologies Limited (NASDAQ: INFY) from “neutral” to “buy.” INFY shares fell 0.25% to close at $70.67 yesterday. More Analyst Ratings here
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CSC Teams with General Dynamics, Harris, and Cisco to Pursue U.S. Navy Contract
Thursday, January 20, 2011 - 4:00pm | 100CSC (NYSE: CSC) announced today that it is teaming with General Dynamics Information Technology, Harris Corporation (NYSE: HRS), and Cisco (NYSE: CSCO) to pursue an anticipated five-year contract to provide information technology (IT) enterprise services for the U.S. Navy. The contract covers one...
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EMC Unveils New Products (revised) - Analyst Blog
Thursday, January 20, 2011 - 3:01pm | 1178A leading provider of information infrastructure solutions, EMC Corp. (EMC), recently unveiled a number of new products aimed at extending its lead in all major storage markets. EMC released more than 40 new technologies and products catering to every sphere and category of its business. VNX Family...
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EMC Unveils New Products (revised) - Analyst Blog
Thursday, January 20, 2011 - 2:33pm | 1178A leading provider of information infrastructure solutions, EMC Corp. (EMC), recently unveiled a number of new products aimed at extending its lead in all major storage markets. EMC released more than 40 new technologies and products catering to every sphere and category of its business. VNX Family...
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India Outsourcing Boosts Cognizant (CTSH)
Thursday, January 20, 2011 - 12:55pm | 80"Outsourcing play Cognizant Technology (CTSH) is a bet that after a strong 2010, this sector will continue to yield big profits for investors," says Nicholas Vardy. The editor of Global Bull Market Alert explains, "CTSH, a New Jersey-based company with more than 75% of its 100,000-plus employees...
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Accenture's Health Care Win - Analyst Blog
Wednesday, January 19, 2011 - 6:01pm | 411Accenture plc (ACN) recently signed a two-year information technology contract with the Office of the National Coordinator (ONC) for Health Information Technology. Per the contract, Accenture will extend its services to determine the specifications and standards required to ease data processing...
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Accenture's Health Care Win - Analyst Blog
Wednesday, January 19, 2011 - 5:47pm | 411Accenture plc (ACN) recently signed a two-year information technology contract with the Office of the National Coordinator (ONC) for Health Information Technology. Per the contract, Accenture will extend its services to determine the specifications and standards required to ease data processing...