|Bid||1.01 x 800|
|Ask||78.74 x 1300|
|Day's Range||72.51 - 73.71|
|52 Week Range||69.69 - 85.10|
|Beta (3Y Monthly)||0.81|
|PE Ratio (TTM)||29.75|
|Forward Dividend & Yield||0.80 (1.14%)|
|1y Target Est||N/A|
Nine Bay Area startups raised nearly $400 million in funding at week's end, while another life science company filed for an IPO and three local investor-backed businesses were sold. Here are the details.
Tower Arch in 2016 acquired Softvision through its portfolio company, Software Paradigms International Group.
General Electric (NYSE:GE) has jettisoned CEO John Flannery and GE stock holders are rejoicing. The press release announcing the change barely mentioned Flannery, and the shares reacted with a 15% gain in the pre-market, opening for trade Oct. 1 at $13. The new CEO is former lead director Larry Culp, who had settled into a sinecure lecturing at Harvard Business School on corporate strategy. Culp was replaced as GE’s lead director by former American Airlines (NYSE:AAL) CEO Thomas Horton.
Information technology provider Cognizant Technology Solutions Corp is in talks to buy application developer Softvision for about $550 million to boost Cognizant's digital business, people familiar with the matter said on Thursday. The negotiations come as Cognizant seeks to expand its offerings in digital and cloud services to take on outsourcing services rivals Accenture and IBM more effectively. The sources cautioned that the talks may not result in a deal and asked not to be identified because the matter is confidential.
As of September 17, analysts from various brokerage firms that track Accenture (ACN) stock have provided ratings. Accenture’s new digital cloud and security business concept, which is made up of Accenture Interactive, Accenture Applied Intelligence, Accenture Industry X.O, and Accenture Mobility, continues to generate strong business momentum. The average target price for Accenture provided by 28 analysts was $171.08 as of September 17.
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Down markets, like we've experienced over the past week or so, create opportunities. Top quality merchandise goes on sale simply because traders are feeling anxious. Cognizant Technology Solutions is a perfect example of this type of play.
Cognizant (CTSH) reports better-than-expected bottom-line figure in second-quarter 2018. Revenues come within the guided range.
By Arjun Panchadar (Reuters) - Cognizant Technology Solutions Corp (CTSH.O) missed estimates for quarterly revenue and forecast a weak third quarter, hurt by lower-than-expected spending from clients in ...
Cognizant Technology Solutions Corp missed estimates for quarterly revenue and forecast a weak third quarter, hurt by lower-than-expected spending from clients in the financial industry, sending its shares down as much as 8.6 percent. Revenue from its financial services sector, which accounts for more than a third of its total revenue, rose 4.5 percent to $1.47 billion, but missed analysts' estimates of $1.53 billion. "Spending from insurance clients remained strong but within the banking sector there was a mixed growth rate around some of the large global financial institutions, primarily large European banks," Chief Financial Officer Karen McLoughlin said.
Cognizant (CTSH) delivered earnings and revenue surprises of 8.18% and -0.41%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Teaneck, New Jersey-based company said it had net income of 78 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to $1.19 per share. The results ...
Cognizant Technology Solutions Corp on Thursday reported a 9.2 percent rise in quarterly revenue, as it benefited from higher spending by clients in the healthcare and financial industries. The company ...