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Cognizant


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Software provider EPAM beat quarterly results on strong AI adoption

Software provider EPAM beat quarterly results on strong AI adoption Aug 8 (Reuters) - EPAM Systems EPAM.N beat quarterly profit and revenue estimates on Thursday, helped by strong demand for its IT services as businesses are increasingly digitizing their operations. The positive result underscores the recovery of demand for IT services as clients are increasingly adopting cloud services and look to deploy their own AI applications, helping companies that provide product development services such
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Meta Platforms Inc META.OQ +6.1% Dexcom Inc DXCM.OQ +3.5% Cognizant Technology Solutions Corp CTSH.OQ +2.8% Vertex Pharmaceuticals Inc VRTX.OQ +1.8% AstraZeneca PLC AZN.OQ +1.4% Bottom Performers Percent Change Moderna Inc MRNA.OQ -19.5% Arm Holdings PLC ARM.OQ -16.0% Qualcomm Inc QCOM.OQ -8.7% Lam Research Corp LRCX.OQ -8.3% Micron Technology Inc MU.OQ -6.7% The Nasdaq 100 .NDX l
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U.S. CH Robinson Worldwide, Dayforce, Entegris

U.S. RESEARCH ROUNDUP-CH Robinson Worldwide, Dayforce, Entegris Aug 1 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including CH Robinson Worldwide, Dayforce and Entegris, on Thursday. HIGHLIGHTS * CH Robinson Worldwide Inc CHRW.O : JP Morgan raises to overweight from neutral * Dayforce Inc DAY.N : Piper Sandler raises to overweight from neutral * Entegris Inc ENTG.O : Seaport Research Partners raises to buy from neutral * M
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Cognizant raises full year revenue forecast, beats Q2 results estimates

Cognizant raises full year revenue forecast, beats Q2 results estimates July 31 (Reuters) - Cognizant Technology Solutions CTSH.O raised its annual revenue forecast and and beat second-quarter results estimates on Wednesday, aided by businesses turning to the IT services provider to digitize their operations. Signs of easing inflation and expectations of lower interest rates are prompting businesses to increase their spending on technology and consulting projects as they transition to cloud-base
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Cognizant Q2 Adjusted EPS USD 1.17 Vs. IBES Estimate USD 1.12

BRIEF-Cognizant Q2 Adjusted EPS USD 1.17 Vs. IBES Estimate USD 1.12 Jul 31 (Reuters) - Cognizant Q2 operating income USD 708 million. Q2 adjusted operating margin 15.2% Q2 EPS USD 1.14 Q2 revenue USD 4,850 million vs. IBES estimate USD 4,802 million Q2 operating margin 14.6% outlook Q3 revenue USD 4,890-4,960 million outlook FY adjusted EPS USD 4.6
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BOJ hikes with Fed ahead, Big Tech flubs

MORNING BID AMERICAS-BOJ hikes with Fed ahead, Big Tech flubs A look at the day ahead in U.S. and global markets from Mike Dolan By any standards of an already busy year, markets are digesting an awful lot of information in a very short space of time - with a Bank of Japan interest rate rise and Microsoft earnings disappointment the latest servings on the final day of July.
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U.S. Colgate-Palmolive, McKesson, Microsoft

U.S. RESEARCH ROUNDUP-Colgate-Palmolive, McKesson, Microsoft July 23 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Colgate-Palmolive, McKesson and Microsoft, on Tuesday. HIGHLIGHTS * Colgate-Palmolive Co CL.N : TD Cowen initiates coverage with buy rating; PT $110 * DR Horton Inc DHI.N : JP Morgan raises target price to $180 from $163 * IQVIA Holdings Inc IQV.N : Baird raises target price to $251 from $235 * McKesso
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Cognizant Names Karima Silvent To Board Of Directors

BRIEF-Cognizant Names Karima Silvent To Board Of Directors July 11 (Reuters) - Cognizant Technology Solutions Corp CTSH.O : COGNIZANT NAMES KARIMA SILVENT TO BOARD OF DIRECTORS COGNIZANT TECHNOLOGY SOLUTIONS CORP - BOARD EXPANDS TO 13 MEMBERS Source text for Eikon: ID:nPnbQQ22sa Further company coverage: CTSH.O
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change CoStar Group Inc CSGP.OQ +4.5% Dollar Tree Inc DLTR.OQ +4.4% Moderna Inc MRNA.OQ +4.0% Illumina Inc ILMN.OQ +3.7% Cognizant Technology Solutions Corp CTSH.OQ +3.4% Bottom Performers Percent Change Tesla Inc TSLA.OQ -6.4% Arm Holdings PLC ARM.OQ -5.6% NVIDIA Corp NVDA.OQ -4.7% Lam Research Corp LRCX.OQ -4.5% Micron Technology Inc MU.OQ -4.3% The Nasdaq 100 .NDX lost 415.31 points,
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Cognizant And Yseop Announce Plan To Partner To Scale Medical Writing Through Generative AI

BRIEF-Cognizant And Yseop Announce Plan To Partner To Scale Medical Writing Through Generative AI July 11 (Reuters) - Cognizant Technology Solutions Corp CTSH.O : COGNIZANT AND YSEOP ANNOUNCE PLAN TO PARTNER TO SCALE MEDICAL WRITING THROUGH GENERATIVE AI Source text for Eikon: ID:nGNXbW4k9y Further company coverage: CTSH.O
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Cognizant CFO Jatin Dalal Resolves Lawsuit With Wipro Limited

BRIEF-Cognizant CFO Jatin Dalal Resolves Lawsuit With Wipro Limited July 9 (Reuters) - Cognizant Technology Solutions Corp CTSH.O : COGNIZANT CFO JATIN DALAL RESOLVES LAWSUIT WITH WIPRO LIMITED COGNIZANT - ERMS OF SETTLEMENT, WHICH WAS REACHED WITHOUT ANY ADMISSION OF LIABILITY BY EITHER PARTY, ARE CONFIDENTIAL COGNIZANT - ALSO CONFIRMS THAT SETTLE
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Cognizant On July 2, Approved Payment Of $505,087 To CFO, Jatin Dalal, In Connection With Settlement Of Lawsuit Brought By Former Employer, Wipro

BRIEF-Cognizant On July 2, Approved Payment Of $505,087 To CFO, Jatin Dalal, In Connection With Settlement Of Lawsuit Brought By Former Employer, Wipro July 9 (Reuters) - Cognizant Technology Solutions Corp CTSH.O : COGNIZANT: ON JULY 2, APPROVED PAYMENT OF $505,087 TO CFO, JATIN DALAL, IN CONNECTION WITH SETTLEMENT OF LAWSUIT BROUGHT BY HIS FORMER
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Cognizant Partners With Texas Dow Employees Credit Union To Boost Its 'Run The Business' Transformation Efforts

BRIEF-Cognizant Partners With Texas Dow Employees Credit Union To Boost Its 'Run The Business' Transformation Efforts June 27 (Reuters) - Cognizant Technology Solutions Corp CTSH.O : COGNIZANT PARTNERS WITH TEXAS DOW EMPLOYEES CREDIT UNION TO BOOST ITS 'RUN THE BUSINESS' TRANSFORMATION EFFORTS COGNIZANT- WILL ALSO SUPPORT TDECU'S DATA AND TESTING C
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Gilead Sciences Inc GILD.OQ +8.3% Advanced Micro Devices Inc AMD.OQ +5.2% Sirius XM Holdings Inc SIRI.OQ +3.6% Cognizant Technology Solutions Corp CTSH.OQ +3.5% Workday Inc WDAY.OQ +3.1% Bottom Performers Percent Change Qualcomm Inc QCOM.OQ -5.1% Micron Technology Inc MU.OQ -5.1% Microchip Technology Inc MCHP.OQ -4.5% ON Semiconductor Corp ON.OQ -4.2% Broadcom Inc AVGO.OQ -3.3% Th
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Gilead Sciences Inc GILD.OQ +8.0% Advanced Micro Devices Inc AMD.OQ +6.2% Cognizant Technology Solutions Corp CTSH.OQ +3.8% Workday Inc WDAY.OQ +2.9% Charter Communications Inc CHTR.OQ +2.1% Bottom Performers Percent Change Qualcomm Inc QCOM.OQ -4.3% Micron Technology Inc MU.OQ -3.4% Microchip Technology Inc MCHP.OQ -3.2% ON Semiconductor Corp ON.OQ -3.0% Copart Inc CPRT.OQ -2.3%
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions June 10 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1945 GMT on Monday: ** Former media executive Edgar Bronfman Jr., backed by private equity firm Bain Capital, has expressed interest in buying Paramount's PARA.O controlling shareholder National Amusements, a source familiar with the matter said.
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Cognizant to acquire Belcan for $1.3 billion

CORRECTED-UPDATE 1-Cognizant to acquire Belcan for $1.3 billion Corrects Belcan's employee headcount in paragraph 2, spelling of Belcan in paragraph 3 By Milana Vinn June 10 (Reuters) - Information technology services provider Cognizant Technologies CTSH.O said on Monday it has agreed to acquire digital engineering firm Belcan for nearly $1.3 billion in cash and stock.
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Cognizant to acquire Belcan for $1.3 billion, sources say

CORRECTED-Cognizant to acquire Belcan for $1.3 billion, sources say Corrects Belcan's employee headcount in second paragraph By Milana Vinn June 10 (Reuters) - Information technology services provider Cognizant Technologies CTSH.O has agreed to acquire digital engineering firm Belcan for nearly $1.3 billion in cash and stock, according to people familiar with the matter.
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House Dems urge NLRB probe of Google's alleged union busting

House Dems urge NLRB probe of Google's alleged union busting By Daniel Wiessner May 30 (Reuters) - Dozens of Democrats in the U.S. House of Representatives on Thursday urged the National Labor Relations Board to swiftly investigate claims that Alphabet's Google illegally laid off workers who unionized, saying the case could have a national impact.
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Former Wipro CEO Delaporte earned $20 mln in last year at helm

Former Wipro CEO Delaporte earned $20 mln in last year at helm By Haripriya Suresh BENGALURU, May 23 (Reuters) - India's No.4 IT services firm Wipro WIPR.NS paid $20.1 million in annual compensation to former CEO Thierry Delaporte who resigned in April, well before his five-year term was set to end in July 2025. The Frenchman's compensation included $3.9 million in salary and allowances, about $5.1 million in variable pay, the cost of accelerated vesting of his stock options and cash compensatio
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