Services

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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% at $1.5…

Jon C. Ogg · 16 years ago

IBM Makes Another Acquisition (IBM, UNCA)

IBM is buying another company.  International Business Machines Corp. (NYSE: IBM) announced the acquisition of a company called Unica Corporation (NASDAQ: UNCA) early this Friday.  The deal may sound small at a mere $480…

Jon C. Ogg · 16 years ago

Congnizant: Growth Versus Fully Valued (CTSH)

Cognizant Technology Solutions Corp. (NASDAQ: CTSH) was featured this week in our daily version of the Top Day Trader Alerts due its price and volume spike after earnings.  The highs in the stock were…

Jon C. Ogg · 16 years ago

ISM: Slow Growth, No Double-Dip Recession

Manufacturing is not dead and growth is still alive.  The equity markets were already higher ahead of the Institute for Supply Management this morning, but the ISM data is one more report showing evidence…

Jon C. Ogg · 16 years ago

GDP Hot, But Not Too Hot

The preliminary figure for Q1-2010 GDP this morning from the Commerce Department came out at +3.2%.  While this is hot as it is above the 3.0% mark, this is south of the 3.3% estimate…

Jon C. Ogg · 16 years ago

Reply.com Files for IPO (RPLY)

Reply! Inc., an operator of a proprietary auction marketplace that facilitates online locally targeted marketing, has filed today for an initial public offering.  While no financial terms were disclosed, the IPO is for up…

Douglas A. McIntyre · 17 years ago

5.7% GDP Helping Markets, Comparisons Come With Caveats

It has to sound like the recovery of the century when you hear that the first look at fourth quarter Gross Domestic Product rose to +5.7%.  Dow Jones had estimates of 4.8%, while we…

Douglas A. McIntyre · 17 years ago

Telepresence Competition Heating Up (CSCO, JNPR, PLCM)

The ongoing Telepresence effort made by Cisco Systems Inc. (NASDAQ: CSCO) has some new competition from a rival networking technology company as well as from a rival in the video communications market.  While this…

Douglas A. McIntyre · 17 years ago

IPO Filing: Language Line Services

Language Line Services Holdings, Inc. is the latest company which has filed to come public via an initial public offering.  The terms were not disclosed, but for filing purposes it listed a sale of…

Douglas A. McIntyre · 17 years ago

ISM Data: Service Sector Back in Hell

The Institute of Supply Management has released its November data for the services sector this morning.  The ISM non-Manufacturing data had gotten back to growth briefly in October and September.  The November figure came…

Douglas A. McIntyre · 17 years ago

Wholesale Inflation Remains Muted

The Labor Department has released the September Producer Price Index, the measure of wholesale inflation.  We did see a slightly raised Consumer Price Index last week and that had many of the inflation bugs…

Douglas A. McIntyre · 17 years ago