|Bid||0.00 x 0|
|Ask||2,513.80 x 0|
|Day's Range||2,471.40 - 2,549.90|
|52 Week Range||2,051.90 - 2,708.95|
|PE Ratio (TTM)||18.84|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Cognizant Technology Solutions Corp raised the lower end of its 2017 revenue forecast, easing concerns of tighter spending from its healthcare clients amid uncertainty surrounding the U.S. healthcare policy. The Republican quest to scrap Obamacare, a major campaign vow by U.S. President Donald Trump, failed last week, after the Senate failed to dismantle the healthcare law. Revenue from healthcare services rose 9.5 percent to $1.05 billion in the second quarter.
India's salt-to-software Tata Group is considering a plan to streamline its technology and infrastructure businesses, Bloomberg reported on Wednesday, citing people with knowledge of the matter. The restructuring plan would involve moving several of its technology businesses under Tata Consultancy Services Ltd , the country's top software services exporter, the report said. Tata Group has not made a final decision about which companies would be folded under TCS, the report added.
Tata Group, the Indian conglomerate that manages more than 100 operating companies, is weighing a plan to streamline its technology and infrastructure businesses, people with knowledge of the matter said....