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Wells Fargo Gives Infosys Analyst Meeting Preview
Tuesday, November 2, 2010 - 9:51am | 152Infosys (NASDAQ: INFY) short-term visibility indicated as high, and unlike Cognizant (NASDAQ: CTSH) not seeing an end to "pent up" demand. Intermediate-term less so as clients keep project durations short. Long-term sees positioning, shift to more offshore, expanding service offering and...
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Stefanini IT Solutions Affiliate to Merge with TechTeam Global in $93.4 Transaction
Tuesday, November 2, 2010 - 7:46am | 110TechTeam Global, Inc. (Nasdaq: TEAM) today announced that the Company has signed a definitive agreement pursuant to which an affiliate of Stefanini International Holdings Ltd will merge with TechTeam Global. The transaction will be accomplished through an all-cash tender offer and second-step...
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SRA Wins $15.5M Contract
Monday, November 1, 2010 - 4:09pm | 70SRA International, Inc. (NYSE: SRX) today announced that the National Institute of Environmental Health Sciences (NIEHS), National Institutes of Health (NIH) awarded the company a contract for up to five years to provide statistical, mathematical, bioinformatic, and computational expertise and...
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ManTech Awarded $68 Million Contract from the U.S. Army
Monday, November 1, 2010 - 12:46pm | 42ManTech International Corporation (NASDAQ: MANT) announced today that it has been awarded a contract from the U.S. Army to provide Expeditionary Cellular Communications Service (ECCS) in Afghanistan. The contract is valued at $68 million.
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SAIC Teams With University of Maryland
Monday, November 1, 2010 - 7:51am | 151Science Applications International Corporation (SAIC) (NYSE: SAI) announced today that it has teamed with the University of Maryland (UMD) to support initiatives that promote education, research, and technology development in cybersecurity. Through this collaboration, SAIC will coordinate and...
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Cognizant Technology Solutions Profits And Revenue Surge (CTSH)
Monday, November 1, 2010 - 6:48am | 259Teaneck, New Jersey based information technology consulting and services company Cognizant Technology Solutions (Nasdaq: CTSH) announced on Monday morning that it beat consensus Wall Street estimates. Cognizant Technology Solutions reported that its 3rd quarter net income rose to $203.7 million, or...
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A List Of Stocks With High Short Ratios
Friday, October 29, 2010 - 10:11am | 315A high short interest in a company can be potentially beneficial for a shareholder, if the company reports better than expected earnings. For example, Coinstar (NASDAQ: CSTR) reported better than expected earnings last night, raised guidance and is up ~20% today. The company has almost a third of...
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Wipro Secures Major IT Services Contract with Electricity North West Limited
Friday, October 29, 2010 - 7:43am | 145Wipro Technologies the global Consulting, System Integration and Outsourcing business of Wipro Limited (NYSE: WIT), today announced that it has entered into a 5 year strategic partnership with Electricity North West Limited to deliver end to end service transition and transformational services to...
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RightNow Reports Third Quarter 2010 Financial Results: EPS of $0.15
Thursday, October 28, 2010 - 4:12pm | 171RightNow (NASDAQ: RNOW) today announced results for the third quarter ended September 30, 2010. Third quarter 2010 financial highlights included: * Total revenue was $48.6 million, an increase of 25% over Q3 2009 * Recurring revenue was $38.6 million, an increase of 30% over Q3 2009 *...
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Calls Purchased on Cognizant Technology (CTSH)
Thursday, October 28, 2010 - 1:33pm | 137Shares of Cognizant Technology Solutions Corporation (NASDAQ: CTSH) are higher on the session by 0.98%, currently trading at $66.66. The stock has been moving largely higher over the past six months trending higher above the 50-day and 200-day moving averages. Options traders are buying calls on...
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Forrester Research Reports Third-Quarter EPS of $.19
Thursday, October 28, 2010 - 8:44am | 255Forrester Research, Inc. (Nasdaq: FORR) today announced its third-quarter ended September 30, 2010 financial results. The company also announced that its board of directors has approved a special cash dividend of $3 per share and authorized the repurchase of up to an additional $60 million of...
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Virtusa Announces Second Quarter Fiscal 2011 EPS of $.15
Wednesday, October 27, 2010 - 4:38pm | 166Virtusa Corporation (NASDAQ: VRTU) today reported financial results for the second quarter fiscal year 2011, ended September 30, 2010. Second Quarter Fiscal 2011 Financial Results Revenue for the second quarter of fiscal 2011 was $52.7 million, an increase of 40% year-over-year and 2%...
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Profit Tanks at Unisys Corporation - Analyst Blog
Wednesday, October 27, 2010 - 4:03pm | 518IT services provider Unisys Corporation (UIS) reported disappointing results for the third quarter of 2010. Net income plummeted 54% year over year to $28.3 million. Earnings per share (EPS) came in at 65 cents compared to $1.48 in the year-ago quarter. Net income from continuing operations...
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ManTech Announces Third Quarter EPS $.86
Wednesday, October 27, 2010 - 4:02pm | 115ManTech International Corporation (NASDAQ: MANT)today announced financial results for the third quarter of fiscal year 2010, which ended Sept. 30, 2010. Revenue: $657.0 million, up 28 percent (11 percent organic) from third quarter fiscal year 2009 (FY09) Operating Income: $54.5 million, up 17...
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Ness Technologies Posts Better-Than-Expected Q3 Results
Wednesday, October 27, 2010 - 6:22am | 58Ness Technologies Inc (NASDAQ: NSTC) reports its Q3 adjusted EPS at $0.11, beating the consensus of $0.10. NSTC reports its Q3 revenue at $141.3 million, versus the estimates of $137.37 million. NSTC shares moved up 0.61% to $4.91 in after-hours trading. Read more from Benzinga's Company news.