Posts for Ticker ‘CTSH’

Today’s Best Market Rumors (10/30/2009) (C)(CSCO)(SAPE)(DOX)(CTSH)

newspaper

Updated throughout the day.

Updated 3.23 PM EST:  Analyst Michael Mayo says Citigroup (NYSE:C) will take a $10 billion write down the quarter. Citi denies it (CNBC)

Updated 10.24 AM EST:  Cisco (NSADAQ:CSCO) may drop its bid for Tandberg  (Barron’s)

Venezuela may have gold reserves with a total value over $13 billion.  (CNBC)

JP Morgan (NYSE:JPM) may have had concerns about Galleon as early as 2001 (Financial Times)

Likely near-term tech acquisition targets include Sapient (NASDAQ:SAPE), Computer Sciences (NYSE:CSC), WNS (NYSE:WNS), Amdocs (NYSE:DOX), Cognizant Technology (NASDAQ:CTSH) and ExlService (NASDAQ:EXLS) (Reuters)

Time Warner (NYSE:TWX) may spin-off AOL in December  (TheStreet.com)

CIT (NYSE:CIT) is likely to file for bankruptcy in the next few days.  (Reuters)

Cargill is the largest private company in the US followed closely by Koch Industries  (Forbes)

Douglas A. McIntyre

Top Day Trader Alerts (HGSI, CTSH, STEC, PBG, PEP)

It is actually slow in pre-market trading today.  These are today’s top volume alert stocks for day traders and active traders.  More detailed volume and price analysis and data is available on links through to each stock at VSInvestor.com:

Human Genome Sciences Inc. (NASDAQ: HGSI) is up more than you’d expect on an analyst upgrade.

Cognizant Technology Solutions Corp. (NASDAQ: CTSH) is one of today’s big tech winners on earnings.

STEC, Inc. (NASDAQ: STEC) is down on insider selling despite solid earnings.

Pepsi Bottling Group (NYSE: PBG) is getting significant pre-market volume on reports that Pepsico (NYSE: PEP) has made a higher buyout offer.

-The 24/7 Wall St. Team

Early Bird Analyst Downgrades (CTSH, INFY, NEM, TKC, WIT, WGOV)

burning-money-picThese are the top pre-market analyst downgrades we have seen very early this Monday morning with well over two hours until the open:

Cognizant Technology (CTSH) Cut to Underperform at Wachovia.
Infosys Technologies (INFY) Cut to Underperform at Wachovia.
Newmont Mining (NEM) Cut to Neutral at JPMorgan.
Turkcell (TKC) Cut to Neutral at HSBC.
WIPRO (WIT) Cut to Underperform at Wachovia.
Woodward Governor (WGOV) Cut to Neutral at Baird.

JON C. OGG

Top Pre-Market Analyst Downgrades (ACN, ARO, ASCA, CTSH, ROCK, INFY, ISLE, MSCC, STN, TRIN)

These are some of the downgrades and negative analyst calls we have seen affecting shares this Friday morning:

  • Accenture (ACN) Cut to Market Perform at Wachovia.
  • Aeropostale (ARO) Cut to Neutral at Goldman Sachs.
  • Ameristar Casinos (ASCA) Started as Sell at Goldman Sachs.
  • Cognizant Tech Solutions (CTSH) Cut to Market Perform at Wachovia.
  • Gibraltar Industries (ROCK) Cut to Neutral at Baird.
  • Infosys (INFY) Cut to Market Perform at Wachovia.
  • Isle of Capri (ISLE) Started as Sell at Goldman Sachs.
  • Microsemi (MSCC) Cut to Market Perform at Wachovia.
  • Stantec (STN) Cut to Outperform at Raymond James.
  • Thomson-Reuters (TRIN) Cut To Sell at Deutsche Bank.

Jon C. Ogg
September 19, 2008

Top 10 Pre-Market Analyst Calls (APOL, BZH, CB, CTSH, FITB, IRF, PBG, SNDK, SY, SYMC, WES)

These are ten of the analyst calls we are focusing on this Friday morning:

  • Apollo Group (NASDAQ: APOL) Raised to Outperform at Credit Suisse.
  • Beazer Homes (NYSE: BZH) Raised To Neutral at UBS.
  • Chubb (NYSE: CB) Raised to Equal-Weight at Morgan Stanley.
  • Cognizant Technology (NASDAQ: CTSH) Cut To Neutral at Goldman Sachs.
  • Fifth Third Bancorp (NASDAQ: FITB) Raised to Outperform at KBW.
  • International Rectifier (NYSE: IRF) Cut to Sell at Citigroup.
  • Pepsi Bottling (NYSE: PBG) Raised to Neutral at JPMorgan.
  • SanDisk (NASDAQ: SNDK) Cut to Hold from Buy at Citigroup.
  • Sybase (NYSE: SY) Cut to Neutral at Banc Of America.
  • Symantec (NASDAQ: SYMC) Cut to Market Perform at FBR.
  • Western Gas Partners (NYSE: WES) Started as Hold at Citigroup.

Jon C. Ogg
June 20, 2008

The 52-Week Low Club

Orbitz Worldwide (OWW) No real news here. Maybe high oil prices could hurt travel. So far, the drop is odd. Down to $8.50 from 52-week high of $15.

US Airways (LCC) Bad traffic. High oil. Drops to $22.69 from 52-week high of $63.27.

Omnicare (OCR) Recent forecast was poor. Down to $25.31. But, no big news. The 52-week $44.87.

Momenta Pharmaceuticals (MNTA) Drug trial fails. Drops to $5.50 from 52-week high of $21.98.

Cognizant Technology (CTSH) Q4 forecast misses Wall St. estimates. Down to $31.15 from 52-week high of $47.78.

Douglas A. McIntyre

The 52-Week Low Club

Krispy Kreme (KKD) Downgrades, bad numbers. You name it. Drops to $3.24 from 52-week high of $13.94.

BearingPoint (BE) Consulting firm releases numbers late, and they are bad. Drops to $4.80 from 52-week high of $9.

Office Depot (ODP) Still spinning down from bad results. Down to $17.79 from 52-week high of $44.69.

Hovnanian Enterprises (HOV) Another home builder makes another 52-week low at $9.93 down from $38.66.

Legg Mason (LM) Mutual fund company continues its fall. Moves down to $76.80 from $110.17.

DUSA Pharmaceuticals (DUSA) Quaterly results failed to impress. Off to $1.63 from 52-week high of $5.89.

Cognizant Technology (CTSH) No news. Just a bad day. Drops to $67.60 from 52-week high of $95.55.

Douglas A. McIntyre