11.34 +0.01 (0.08%)
After hours: 4:26PM EDT
|Bid||11.32 x 40000|
|Ask||11.36 x 27000|
|Day's Range||11.19 - 11.39|
|52 Week Range||8.85 - 11.64|
|Beta (3Y Monthly)||0.80|
|PE Ratio (TTM)||22.22|
|Forward Dividend & Yield||0.25 (2.20%)|
|1y Target Est||11.42|
Analog Devices' (ADI) strength in end-markets served should likely aid the upcoming results. However, softness in the consumer market and geopolitical uncertainty may impact its fiscal Q3 earnings.
Forget bitcoin, blockchain is where the average investor should put their money in, according to Sir John Hargrave , the author of a new book "Blockchain for Everyone."
Moody's Investors Service ("Moody's") downgraded Unisys Corp.'s ("Unisys") Speculative Grade Liquidity ("SGL") rating to SGL-3 from SGL-2, changed the outlook to negative, and affirmed other ratings, including the B2 Corporate Family Rating ("CFR"), B1 senior secured rating, and B3 senior unsecured rating. This rating action follows Unisys's announcement of the partial repayment of $129.3 million principal amount of the 5.5% Convertible Senior Notes due March 2021 ("Convertibles") for consideration consisting of cash and newly issued shares.
BENGALURU, India, Aug. 7, 2019 /PRNewswire/ -- EdgeVerve Systems a subsidiary of Infosys (INFY), unveiled AssistEdge RPA 18.0 which aims to fundamentally transform process automation by fostering a new human-digital workforce. Given the imperative to remain customer-centric and competitive, enterprises must offer differentiated offerings and be extremely responsive to customer requirements by being agile, hyper-productive, consistent and scalable. Albie, the cognitive engine powering AssistEdge RPA 18.0 is a major advancement that seamlessly delivers pervasive intelligence across process design, management and execution that will help organizations achieve greater automation coverage in their systems and processes.
BUCHAREST, Romania, July 29, 2019 /PRNewswire/ -- Infosys (INFY), a global leader in next-generation digital services and consulting, today announced the launch of its state-of-the-art Cyber Defence Center in Bucharest, Romania. The Defence Center is an expansion of services delivered through the Infosys Digital Innovation Center which opened in Bucharest earlier this year. The Defence Center will provide end-to-end, real-time, 24/7 cyber security monitoring and protection services to support European and global businesses on their digital transformation journey.
BENGALURU, India, July 25, 2019 /PRNewswire/ -- Infosys (INFY), a global leader in next-generation digital services and consulting, today announced that it has won the System Integrator Partner of the Year 2019, at HPE's annual client conference – HPE Discover 2019. Infosys was awarded this recognition for being a top performing partner for HPE in the Hybrid Cloud solutions space across the globe. Major customer transformation initiatives across datacenter consolidation, accelerated adoption of multi-cloud environments, migrations to SAP HANA, Wired and Wireless Networking solutions and Application Modernization programs led to this win.
NEW YORK , July 24, 2019 /CNW/ -- Infosys (INFY), a global leader in next-generation digital services and consulting, today announced a new API Speed Layer solution for customers in collaboration with MongoDB, Inc. (MDB), the leading modern, general purpose database platform. This solution offers enterprises feature-rich, modern applications that leverage the benefits of APIs, combining the capabilities of the Infosys Microservices Acceleration Platform with MongoDB's global cloud database, MongoDB Atlas. The API Speed Layer solution makes it easy for customers to set up legacy software applications in a microservices architecture.
DXC Technology's (DXC) professionals and Microsoft's engineers will jointly develop the global Microsoft Azure Digital Transformation Practice to facilitate clients' conversion to Azure public cloud.
The market logged its fourth straight day of gains on Friday, fighting its way a little deeper into record-high territory for the last three. It all feels a bit artificial, but it's not a train anybody dare risk jumping in front of.Source: Shutterstock Facebook (NASDAQ:FB) did more than its fair share of heavy lifting, up nearly 2% after the Federal Trade Commission settled its anti-privacy claim against the company for an affordable $5 billion. More importantly, the settlement puts the nagging matter in the past. Infosys (NYSE:INFY) logged the best gain for the day, however, up more than 6% in response to an impressive first quarter.Weighing the market down more than any other name was Johnson & Johnson (NYSE:JNJ). Shares of the healthcare company fell 4% on new accusations that it knowingly lied about the cancer risks related to its talc products. It has prompted a criminal probe.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks Driving the Market to All-Time Highs (And Why) As the new week's trading action gets going, however, its the stock charts of Netflix (NASDAQ:NFLX), Lowe's (NYSE:LOW) and Edison International (NYSE:EIX) that merit the closest looks. Here's what's most noteworthy about each. Edison International (EIX)Like most other utility names, Edison International investors enjoyed a fruitful June. Unlike most utility stocks, however, EIX has continued to charge higher in July, avoiding the slowdown that has adversely impacted other names in the business.Shares have finally hit a headwind at fairly well-established technical resistance. And, they're now officially overbought. If traders can pull off a miracle and continue to march higher, however, there's little left to hold the move back until much, much higher. Click to Enlarge * The ceiling in question is right around $71, marked in yellow on both stock charts. That's where Edison peaked in October, and where it stopped advancing last week. * Still, the volume behind the recent rally has been abnormally high. It has been induced by headlines related to last year's wildfires in California, but there's a horde of buyers amassing all the same. * Should EIX manage to break out, there's not another established technical ceiling in place until 2017's highs near $82. Lowe's (LOW)The recent rally from Lowe's is a rather significant, given it has only been in place since late May. Shares are up 16% in just that eight-week stretch. There's room and reason for LOW to continue moving higher, however. In fact, it's more likely to do that -- in spades -- than not. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond Click to Enlarge * It's apparent on the daily chart, though more so on the weekly chart, that the rebound was prompted by an encounter with a rising support line that extends back to 2017's low. * The same weekly chart also illustrates where the most likely upside targets are. There's a horizontal ceiling near $118, marked in red, then there's the upper boundary of the rising trading channel. * Although the past couple of months have looked and felt overly bullish, the advance is still in its infancy. We don't yet have a MACD crossover on the weekly chart, and we're nowhere near close to being stochastically overbought. Netflix (NFLX)A month and a half ago, Netflix was on the verge of a serious meltdown. A horizontal floor was crumbling, and the 200-day moving average line (plotted in white on both stock charts) was under attack as support. And, both were happening right after NFLX bumped into a horizontal ceiling, plotted as a white dashed line on both stock charts.The stock ended up evading disaster, pushing up and off the 200-day moving average line after all. But, last week, that technical ceiling once again came back into play. It not only capped the rebound effort, but appears to have rekindled the selling. Click to Enlarge * Friday's 1.9% slide was not only a pullback on a day the overall market tide was bullish, it took shape on a suspiciously high level of volume -- particularly for a Friday. * The previous technical floors are still floors. That's the horizontal floor at $342.20, plotted in yellow, and the 200-day moving average line currently at $338.17. * The narrow trading range is well established. Having been in place for a while, any break outside of it could set up a prolonged move to make up for lost time as pent-up action is unleashed.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dependable Dividend Stocks to Buy * 10 Stocks Driving the Market to All-Time Highs (And Why) * 7 Short Squeeze Stocks With Big Upside Potential The post 3 Big Stock Charts for Monday: Lowe's, Netflix and Edison International appeared first on InvestorPlace.
A trifecta of perfection: We had record highs in the S&P 500, Dow Jones and Nasdaq today. Shareholders in the PowerShares QQQ ETF (NASDAQ:QQQ) have little to complain about as tech stock continues to mash out higher highs over the past few sessions.Source: Shutterstock That's as FAANG stocks mostly lag and while rate cuts are likely.That said, it's not expected to be an amazing quarter when it comes to earnings. Companies are warning about their upcoming results, while analysts' estimates are looking at year-over-year declines for many names.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBlame it on tough comps from tax cuts, tariff wars or what have you. It's not a perfect operating environment and with stocks near all-time highs, investors are either willing to overlooking a few quarters of underperformance and pay a higher valuation for earnings or they area simply too optimistic. We'll know soon enough when we start seeing these companies report. Facebook SettlementFacebook (NASDAQ:FB) shares spiked into the close on Friday, ending the session higher by 1.8%. Reports surfaced moments before the close that the company had come to terms on a $5 billion settlement with the FTC. The deal is expected to have some other privacy restrictions as well. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond While $5 billion is a lot of cabbage, it's roughly the same amount that FB set aside to pay for such an event. Clearing this obstacle removes an unknown event for investors, who like clarity and having uncertainty removed. Movers in the Nasdaq TodayIllumina (NASDAQ:ILMN) shares sank more than 15% on the day after the company warned about its upcoming results. This caught investors way off guard, considering the company just beat and raised estimates a few months ago. It's not a good look for the genomics company, as it now hovers in no man's land. (Here's the trade setup for ILMN stock now).One could argue that it also weighed on Invitae (NASDAQ:NVTA), although the company's $50 million acquisition could be what's shaking up the stock price. Down 1.75% on the day, it's at least worth pointing out.Square (NYSE:SQ) stock jumped almost 4% on Friday, giving it a 10% gain over the past few days. The stock has seen some positive analyst commentary over the past few days, with the latest coming from Citigroup on Friday. While the stock is running into some resistance, many have it on breakout watch.JB Hunt (NASDAQ:JBHT) caught a big bid on Friday, rising over 6% on the day. However, currently trading hands for around $93 apiece, shares are well off the 52-week highs near $130. Be careful with this one, which reports earnings Monday.The $45 billion technology consulting company Infosys (NYSE:INFY) reported earnings on Friday. Shares hit new 52-week highs on the day, despite missing revenue estimates and reporting in-line earnings results. Better-than-expected guidance and an increase in its capital return plan likely helped, though.Memory and memory equipment stocks were also in focus in the Nasdaq today, as Lam Research (NASDAQ:LRCX), Western Digital (NASDAQ:WDC) and Micron (NASDAQ:MU) all put together a strong session. Micron is flirting with prior resistance, but a move over $44 to $45 could trigger a breakout. All About AmazonShares of Oracle (NASDAQ:ORCL) slipped 30 basis points on Friday after the company lost its court case against the Pentagon. The $10 billion cloud contract will now go to either Amazon (NASDAQ:AMZN) or Microsoft (NASDAQ:MSFT). But that's far from the only reason Amazon stock is in the news day.First, the company's much-discussed Prime Day is set to start next week. Prime Day will kick off on July 15th and run through the 16th. The made-up shopping event isn't unlike Alibaba's (NYSE:BABA) Single's Day, while Amazon now attracts others competitors into mix as well. Companies like Best Buy (NYSE:BBY), Target (NYSE:TGT) and Walmart (NYSE:WMT) will be running specials too, trying to keep customers away from the e-commerce juggernaut.As the smart-speaker battle heats up, Amazon is reportedly looking to better its game. The company wants to roll out a high-end Echo device, which could arrive next year. Further, Amazon is also working on an Alexa-powered robot. Codenamed Vesta, the devices apparently will not be ready for mass production this year. * 7 Stocks to Buy for Monster Growth in the Second Half of 2019 Last but certainly not least, Amazon's game-streaming Twitch platform logged more than 2.7 billion hours worth of streaming in the second quarter. For the industry, that accounted for more than 70% of the total. The next closest was Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) YouTube Live at 735 million hours and 19.5% market share. It was Twitch's second-biggest quarter ever.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long AMZN and GOOGL. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy for Less Than Book * 7 Marijuana Stocks With Critical Levels to Watch * The 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond The post Nasdaq Today: Amazon Prime Day; Facebook Settles With FTC appeared first on InvestorPlace.
NEW YORK, NY / ACCESSWIRE / July 12, 2019 / Infosys Ltd. (NYSE: INFY ) will be discussing their earnings results in their 2020 First Quarter Earnings to be held on July 12, 2019 at 5:30 PM Eastern Time. ...