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UPDATE: Bank of America Downgrades Infosys to Neutral on 4Q Miss, Lower FY14 Guidance

Mon, 15 Apr 2013 10:37:29 -0400

In a report published Monday, Bank of America analyst Mitali Ghosh downgraded the rating on Infosys Ltd. (NYSE: INFY) from Buy to Neutral, and lowered the price target from $62.50 to $44.80.

In the report, Ghosh noted, “We lower Infosys to Neutral post 4Q miss and a significantly lower

Stock Downgrades: It's Open Season on OpenTable

Mon, 15 Apr 2013 10:22:00 -0400

Wall Street ratings agencies set the tone for today's stock market.

Market Wrap for Friday, April 12: Stocks Record Modest Losses; Treasuries Surge and Precious Metals Plunge

Fri, 12 Apr 2013 16:22:07 -0400

Although the U.S. stock market shook off worse than expected retail sales data, volatility hit other markets hard to end the week.

Precious metals were slammed on the retail sales data along with some signs of deflationary pressures in Friday's economic data. Technical levels were broken to the downside during the

Market Wrap-Up for Apr.12 (JPM, WFC, MA, V, HD, GLD, more)

Fri, 12 Apr 2013 16:16:00 -0400

Similar to last Friday, we saw a tough morning session as investors parsed through some disappointing data on the retail sales side. However, just like last week, buyers stepped up once again to get us to close off the lows of the session. We had a sprinkling earnings that were weighing on the indices. India-outsourcing [...]

Market Close: Big Winners & Losers for April 12, 2013 (RALY, CLNT, CPGI, KFS, SBGI, OSH, CRMB, INFY, TRMD, ALVR)

Fri, 12 Apr 2013 12:29:00 -0400

DailyFinance.com: Here are today's five biggest gaining stocks at closing: Rally Software Development Corp. (NYSE: RALY) is up 27.2% at $17.81. Today marks the firm's IPO. Cleantech Solutions International Inc. (NASDAQ: CLNT) is up 21.4% at $3.80. China Shengda ... Read more

Morning Market Losers

Fri, 12 Apr 2013 10:24:38 -0400

Crumbs Bake Shop, Inc. (NASDAQ: CRMB) shares dipped 28.31% to $2.15 after the company announced its revenue results for Q4 and full-year 2012.

Infosys Ltd. (NYSE: INFY) shares dropped 19.69% to $43.64 after the company's share prices plunged in the Indian stock exchange as well.

China Information Technology,

Infosys Tops EPS Estimates, Plunges on Revenue and Guidance

Fri, 12 Apr 2013 09:31:31 -0400

Infosys (NYSE: INFY) has become the punching bag of choice on Wall Street as the week comes to a close. Although it topped estimates on the EPS front, it has taken a nosedive on its weak revenue and guidance.

The Bangalore, India-based firm posted fourth quarter EPS of

Modest 4Q Earnings for Infosys – Analyst Blog

Fri, 12 Apr 2013 09:30:01 -0400

Infosys reported fourth-quarter 2013 financial results with earnings per ADS from continuing operations of 78 cents, beating the Zacks Consensus Estimate of 74 cents by 5.4%.

Infosys Q4 Profit Falls; Revenue Rises But Misses Expectations; Shares Plunge as Company Gives Weak 2014 Outlook (INFY)

Fri, 12 Apr 2013 08:40:35 -0400

Late on Thursday, software and IT services company Infosys Technologies Ltd (INFY) reported a drop in its fourth quarter profit, but it topped analysts’ expectations. The company’s weak outlook caused shares to plunge in pre-market trading. The Bangalore, India-based company posted a fourth quarter profit of $444 million, or 78 cents per share, down 4% [...]

Friday’s movers: J.P. Morgan, Wells Fargo in focus

Fri, 12 Apr 2013 08:22:13 -0400

Shares of major banks were in focus on Friday in premarket trade as J.P. Morgan Chase & Co. and Wells Fargo & Co. reported first-quarter earnings.

Earnings Scheduled For April 12, 2013

Fri, 12 Apr 2013 04:37:28 -0400

China Sunergy Co. Ltd. (NASDAQ: CSUN) is expected to report its 2012 earnings on a revenue of $50.60 milllion.

Infosys Ltd. (NYSE: INFY) is expected to report its Q4 earnings at $0.74 per share on the revenue of $1.99 billion.

JPMorgan Chase & Co. (NYSE:

Bear of the Day: CoStar Group (CSGP) – Bear of the Day

Tue, 19 Mar 2013 07:00:01 -0400

Bear of the Day: CoStar Group (CSGP) - Bear of the Day

A Peek Into The Market Before The Trading Starts

Thu, 14 Mar 2013 07:11:14 -0400

Pre-open movers US stock futures are higher this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average surged 19 points to 14,417.00 and S&P 500 index futures rose 2 points to 1,552.00. Nasdaq 100 futures gained 4.75 points to 2,798.25.

A Peek Into Global Markets European markets

Infosys in Strategic Partnership with BMW Group

Thu, 14 Mar 2013 05:51:17 -0400

Strategic Partnership for Infrastructure Management with World Leading Automotive Manufacturer Infosys today announced it has been selected by BMW Group as its worldwide partner for application basis infrastructure management services. (Logo: http://photos.prnewswire.com/prnh/20130122/589162 ) The five year engagement with Infosys will cover services such as maintenance and operations of the web

Cognizant Beats by a Penny – Analyst Blog

Thu, 07 Feb 2013 11:50:01 -0500

Cognizant Technology Solutions Corp. reported earnings of 92 cents that beat the Zacks Consensus Estimate by a penny

Reshoring Bringing Back Jobs to USA – Analyst Blog

Mon, 04 Feb 2013 14:50:01 -0500

The reshoring trend should reverse some of the job losses from the earlier offshoring movement.

UPDATE: BMO Capital Markets Reiterates Market Perform Rating, Raises PT on Infosys Ltd.

Mon, 14 Jan 2013 10:43:12 -0500

In a report published Monday, BMO Capital Markets reiterated its Market Perform rating on Infosys Ltd. (NYSE: INFY), and raised its price target from $41.00 to $50.00.

BMO Capital Markets noted, “Amid low investor expectations, partly due to cautious comments from INFY in early Dec, INFY reported a very

Company News for January 14, 2013 – Corporate Summary

Mon, 14 Jan 2013 09:36:01 -0500

Companies in the News are: F,AXP,INFY,SNX

Moves in Smaller Tech Stocks (BV, FARO, HURC, UPIP)

Sat, 12 Jan 2013 11:51:07 -0500

Some smaller tech companies saw unusual movement in their stocks on Friday.

But not just in Bazaarvoice (NASDAQ: BV), FARO Technologies (NASDAQ: FARO), Hurco Companies (NASDAQ: HURC) and Unwired Planet (NASDAQ: UPIP), which are discussed below.

Also included are radio frequency (RF)

Infosys Beats in 3Q, Outlook Weak – Analyst Blog

Fri, 11 Jan 2013 09:55:01 -0500

Infosys reported third quarter fiscal 2013 earnings per ADS from continuing operations of 76 cents, beating the Zacks Consensus Estimate of 72 cents by 5.6%.

A Peek Into The Market Before The Trading Starts

Fri, 11 Jan 2013 07:26:38 -0500

Pre-open movers US stock futures are mostly flat this morning, as investors are awaiting earnings from Wells Fargo & Company (NYSE: WFC). Futures for the Dow Jones Industrial Average dropped 7 points to 13,398.00 and S&P 500 index futures fell 0.60 points to 1,466.50. Nasdaq 100 futures rose 0.25

Friday’s biggest gaining and declining stocks

Fri, 11 Jan 2013 07:13:54 -0500

Infosys and Ford were among shares moving higher in premarket trading on Friday, while Ford and Facebook were trending on Twitter.

UPDATE: Infosys Posts Upbeat Q3 Profit, Lifts Revenue Forecast

Fri, 11 Jan 2013 04:00:02 -0500

Infosys (NASDAQ: INFY) reported upbeat third-quarter profit and lifted its revenue outlook.

For the year ending March 31, Infosys lifted its sales view to at least $7.45 billion.

Infosys' quarterly profit came in at 23.69 billion rupees ($434 million), versus 23.7 billion rupees, in the year-ago period. However, analysts were

Earnings Scheduled For January 11, 2013

Fri, 11 Jan 2013 03:39:05 -0500

Wells Fargo & Company (NYSE: WFC) is projected to report its Q4 earnings at $0.89 per share on revenue of $21.29 billion.

Northern Technologies International (NASDAQ: NTIC) is expected to report its Q1 earnings at $0.16 per share on revenue of $5.23 million.

Infosys (NASDAQ: INFY)

(AA) Fourth Quarter Earnings Expectations Keep Coming Down – Earnings Preview

Wed, 09 Jan 2013 15:38:54 -0500

Aluminum producer Alcoa’s (AA) earnings report is generally considered the start of each quarterly...

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Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, OIH, XLF, XLE, XRT, RL, ROST, TIF, LQDT, APA, OXY, APC, IOC, MA, V, JPM, GS, DO, SLB, RIG, AA, WFC, INFY

Mon, 07 Jan 2013 00:54:29 -0500

This past week was all about passing a deal to avoid the "fiscal cliff". In last week’s Market Forecast, I said: "For the new week, this market is still waiting to see if a deal can be made to avoid the "fiscal cliff". While there are many analysts that think the markets may sell on [...]

Cognizant to Buy Six Companies – Analyst Blog

Mon, 24 Dec 2012 09:30:01 -0500

Cognizant Technology Solutions Corp. recently announced that it has entered into a definitive agreement to acquire six companies of Hamburg, Germany based C1 Group

As Infosys Slides, Small-Cap ETFs May be Better Indian Bet

Fri, 21 Dec 2012 14:45:46 -0500

Using the WisdomTree India Earnings ETF (NYSE: EPI) as the measuring stick, India has been the top performer among the BRIC quartet in 2012. Even with a 2.3 percent tumble on Friday, EPI's 20.8 percent year-to-date gain is nearly twice as good as the comparable Russia ETF. EPI

Stocks To Watch For December 12, 2012

Wed, 12 Dec 2012 03:50:48 -0500

Some of the stocks that may grab investor focus today are:

Molycorp (NYSE: MCP) announced the resignation of its President and Chief Executive Mark Smith. Molycorp shares tumbled 8.56% to $10.36 in the after-hours trading session.

Wall Street expects Joy Global (NYSE: JOY) to report its Q4 earnings

Molycorp CEO leaves, shares fall after hours

Tue, 11 Dec 2012 17:57:46 -0500

Shares of Molycorp drop in the evening after the rare-earth mining company says its chief executive has left and that it will start searching for a successor. Meanwhile, Facebook shares are busy as they move into a key U.S. equity index.

Benzinga's Top Pre-Market Losers

Tue, 11 Dec 2012 08:29:18 -0500

Electro Scientific Industries (NASDAQ: ESIO) shares fell 18.55% to $9.53 in the pre-market trading. Electro Scientific Industries' trailing-twelve-month profit margin is 1.93%.

MannKind (NASDAQ: MNKD) dipped 1.91% to $2.05 in the pre-market session. MannKind shares have dropped 23.44% over the past 52 weeks, while the S&P

Unisys Launched New Application – Analyst Blog

Fri, 07 Dec 2012 10:40:01 -0500

Unisys recently unveiled its latest Agile Business Suite application software, Release 3.0.

Wednesday’s biggest gaining and declining stocks

Wed, 05 Dec 2012 07:30:39 -0500

Nokia Corp. shares rise in premarket, while Apple inches lower in premarket action on Wednesday. Netflix and Apple are among tickers trending.

Facebook Heading to Nasdaq 100; Will Join at Least 4 More ETFs

Wed, 05 Dec 2012 06:23:52 -0500

Shares of social media giant Facebook (NASDAQ: FB) could get a lift over the next several days as fund managers and ETF sponsors acquire the stock in anticipation of it joining the Nasdaq 100 at the start of trading on Wednesday, December 12, 2012.

NASDAQ OMX (NASDAQ:

(ACN) Accenture Looks Evenly Poised

Mon, 03 Dec 2012 12:01:19 -0500

Everything including deal wins, technical collaborations and an expanding project pipeline seem to...

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Accenture Eyes European Acquisitions – Analyst Blog

Fri, 30 Nov 2012 08:40:01 -0500

Technology, consulting and outsourcing company Accenture Plc. has actively pursued acquisitions to drive growth.

Accenture Looks Evenly Poised – Analyst Blog

Thu, 29 Nov 2012 16:40:01 -0500

Everything including deal wins, technical collaborations and an expanding project pipeline seem to be going in favor of Accenture Plc.

(CTSH) Cognizant Technology Solutions Beats The Street in Third Quarter

Tue, 20 Nov 2012 11:40:26 -0500

Leading information technology services provider Cognizant Technology Solutions Corporation (CTSH)...

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Cognizant Tops in 3Q – Analyst Blog

Wed, 07 Nov 2012 09:50:01 -0500

Earnings per share of 91 cents in the quarter surpassed the Zacks Consensus Estimate of 87 cents and also management???s expectation of 86 cents.

Earnings Preview: Cognizant – Analyst Blog

Tue, 06 Nov 2012 14:15:01 -0500

Cognizant is expected to report revenues of approximately $1.875 billion in the third quarter of 2012. EPS is estimated to be 86 cents in third quarter 2012.

Company News for October 15, 2012 – Corporate Summary

Mon, 15 Oct 2012 10:06:01 -0400

Companies in the News are: INFY,DRH,IGTE,WBS

Modest 2Q for Infosys, Guidance Dips – Analyst Blog

Fri, 12 Oct 2012 15:24:01 -0400

Infosys reported its second quarter earnings per ADS from continuing operations of 75 cents beating the Zacks Consensus Estimate by a penny.

Friday’s biggest gaining and declining stocks

Fri, 12 Oct 2012 08:28:17 -0400

MarketWatch’s daily rundown of shares poised to make sizable moves in the U.S. stock market.

India Stocks with Dividends

Wed, 29 Aug 2012 01:30:00 -0400

India Stocks with Dividends

Wed, 29 Aug 2012 01:30:00 -0400

Did you know that India is the second largest country in the world by population? Did you know that India has the third highest Gross Domestic Product by purchasing power parity of all countries? Did you know that India's annual GDP growth rate is 6.1%? Did you know the country has the second largest workforce in the world? Did you know it has the world's fastest-growing telecommunications industry? Did you know that India has seven of the top 15 information technology outsourcing companies in the world?

With all these advantages, maybe India stocks deserve a closer look. According to WallStreetNewsNetwork.com, there are over a dozen India stocks that trade in the United States, with more than half a dozen paying dividends. The companies include a whole gamut of industries, plus exchange traded funds, such as WisdomTree India Earnings (EPI) and iPath MSCI India Index (INP), along with closed end funds including India Fund, Inc. (IFN) and Morgan Stanley India Investment Fund (IIF).

In regards to industrial companies, Infosys Technologies (INFY) is a $24.6 billion market cap outsourcing company, which is also involved in engineering, consulting, and tech services. The stock trades at 14.3 times earnings and yields 1.8%. Earnings for the latest quarter were up 8.3% on a 4.8$ revenue increase. This debt free company has $3.7 billion in cash.

Tata Motors Ltd. (TTM), the world's eighteenth-largest motor vehicle manufacturing company, fourth-largest truck manufacturer and second-largest bus manufacturer, has a price to earnings ratio of 5.6, and pays a dividend rate of 1.6%. Earnings for the latest quarter were up a healthy 12.3%, with a 29.3% rise in sales.

To see a free list of all the India stocks that trade in the US, go to WallStreetNewsNetwork.com, where it can be downloaded, sorted, and updated.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

Photo courtesy of David Castor.

(XLK) Stock Market News for July 19, 2012 – Market News

Fri, 20 Jul 2012 13:43:37 -0400

Strong quarterly results from tech-major Intel coupled with encouraging housing sector data drove...

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(XHB) Stock Market News for July 13, 2012 – Market News

Tue, 17 Jul 2012 01:22:04 -0400

Positive initial claims data could hardly help the markets avoid its sixth-consecutive day of...

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Market Wrap-Up for July 12 (PG, FAST, MAR, FDO, TXN, LVS, more)

Thu, 12 Jul 2012 16:33:01 -0400

The recent selling trend continued today, as investors weigh the possibility of global economic stimulus failing to lift many boats. From an earnings standpoint, we saw a bit of a divergence in today’s results. On the upside, SAP (SAP) made some bullish comments and Fastenal (FAST) is seeing a bit of a bounce after finally [...]

Infosys Technologies (INFY) Loses 10.8% After Cutting Guidance

Thu, 12 Jul 2012 10:44:33 -0400

Infosys Technologies (NASDAQ: INFY) slumped Thursday after the company lowered its fiscal-year guidance to earnings of $3.03 per share on revenue of $7.34 billion, which is below estimates for $3.09 per share on revenue of $7.47 billion. The co...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)

Thursday’s biggest gaining and declining stocks

Thu, 12 Jul 2012 09:21:06 -0400

Complete Genomics, Infosys, Immunogen are among Thursday’s movers.