8:58am ET
Services
Infosys Feels IT-Outsourcing Pressure (INFY)
Infosys Ltd. (NASDAQ: INFY) is the king of IT-outsourcing in India, but today that king is finding itself under fire. The company said that it sees 8% to 10% for the year…
Companies
/Technology
Wipro Limited ADR
$1.82
â–² $0.02 (+1.11%) today
Markets closed · 8:03pm ET
WIT Coverage
Page 2
11:54am ET
Investing
Infosys Blows Up IT-Outsourcing Fears (INFY, CTSH, WIT)
Europe is driving even the Indian IT workers to complain. Infosys Ltd. (NASDAQ: INFY), one of the largest Information technology outfits in the world (located in India), is seeing its shares chopped…
12:32pm ET
Investing
Business is Good for IT Outsourcers (INFY, WIT, IBM, CSC, CTSH, ACN)
India’s Infosys Technologies Ltd. (NASDAQ: INFY) reported second-quarter earnings today, and EPS came in more than 10% higher than in the same period a year ago. The company also lowered its full-year…
8:22am ET
Apps & Software
ADR Watch: Thanks Infosys, Indian Outsourcing Sinks Ships (INFY, WIT, CTSH)
Infosys Technologies Limited (NASDAQ: INFY) turned in its revenue growth and its expectations for 2011 to 2012. The results would be considered somewhat robust by most US standards of late. Unfortunately, Indian…
8:11am ET
Investing
Top Analyst Upgrades and Downgrades (ALTR, ANSS, APSG, ATHN, BIDU, C, HIG, HD, JBLU, MSFT, PFG, LUV, WIT, XLNX)
These are some of this Monday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Altera Corp. (NASDAQ: ALTR) Started as Hold at Deutsche Bank. Ansys Inc. (NASDAQ: ANSS)…
8:17am ET
Services
Infosys Growth Meets Headwinds (INFY, WIT, CTSH)
Infosys Technologies Limited (NASDAQ: INFY) is now a $40 billion IT-outsourcing outfit. The company has reported Q2 earnings at $0.65 EPS versus Thomson Reuters estimates of $0.61; Revenues were up almost 30%…
8:20am ET
Investing
Top Analyst Upgrades/Downgrades (AWK, BP, BCS, BPX, BWA, COST, HAR, HPQ, INTC, LEA, PCLN, TEN, TWX, WIT)
These are some of the top research calls for analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday: American Water Works (NYSE: AWK) Cut to Neutral at HSBC.…
1:40pm ET
Investing
Outsourcing Firms Might Face Cost Crunch (INFY, WIT)
The three largest firms in the outsourcing business are based in India. The leader is Tata Consultancy Services, followed by Infosys Technologies Ltd. (NASDAQ: INFY) and Wipro Ltd. (NYSE: WIT). Infosys has…
3:59am ET
Media
Media Digest 11/23/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters:Â Â The dollar may keep rising as investors close out bets on oil and the currency. Reuters:Â Â Black Friday deals may not signal a retail comeback. Reuters:Â Â Kraft (NYSE:KFT) is weighing a…
8:19am ET
Investing
India Election Winners By ETF & Shares (PIN, EPI, IIF, IFN, INP, INFY, IBN, REDF, SAY, SLT, TTM, WIT)
It is rare that you see an election have this large of an impact, but the Indian stock market surged on the new election results. The Congress Party won a decisive victory…
7:10am ET
Investing
Early Bird Analyst Downgrades (CTSH, INFY, NEM, TKC, WIT, WGOV)
These 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…
6:38am ET
Investing
Satyam Turns Out to be a House of Cards (SAY, INFY, WIT, PIN, EPI, IFN)
If you are one of those who cannot stand Indian IT-outsourcing firms, you probably just got another feather in your cap. India’s Satyam Computer Services Ltd. (NYSE: SAY) is turning out to…
3:17pm ET
Investing
Indian ADR’s Unphased By Terror Attacks (INFY, IBN, REDF, SAY, SLT, TTM, WIT)
Fresh attacks that appear to be targeted against foreigners in Mumbai, India have failed to thwart a market rally today even in Indian stocks. Reports have foreigners being taken hostage at premiere…
7:48am ET
Jobs
IT Outsourcing Income Altered By Dollar (Strength)? (INFY, SAY, WIT)
There may be an interesting trend in the IT outsourcing game, and one that will seem counter-intuitive if you have witnessed the currency trends and jobs migration trends since 2002. This isn’t…
6:32am ET
Investing
Early-Bird Analyst Upgrades & Downgrades (DKS, IDXX, MA, WIT, ACS, ADP, CHT, FMCN, NT, PTI, TSS)
These are some of the upgrades and downgrades we are seeing from Wall Street this Tuesday morning: Dick’s Sporting Goods (DKS) Raised to Outperform at Baird. IDEXX Laboratories (IDXX) Started as Buy…