Latest Infosys Limited (INFY) Headlines
Infosys Dives, Cognizant Finds Support After Warning
at Investor's Business Daily - Wed Mar 12, 6:01PM CDT
Bangalore, India-based software developer Infosys (INFY) stumbled Wednesday after management softened expectations for its fiscal fourth quarter. The stock tumbled 6%, slicing below its 10-week moving average in three times its average trade. Volume...
Infosys warns of revenue hit
at Investor's Business Daily - Wed Mar 12, 5:47PM CDT
India-based software maker and tech outsourcer Infosys (INFY) said revenue growth for fiscal '14, ending this month, would be at the lower end of its earlier upwardly revised forecast for 9%-10% growth. CEO S.D. Shibulal said at a Barclays' investors...
Infosys Technologies Falls 6.07% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Wed Mar 12, 3:51PM CDT
Infosys Technologies (NASDAQ:INFY) traded in a range yesterday that spanned from a low of $54.11 to a high of $59.00. Yesterday, the shares fell 6.1%, which took the trading range below the 3-day low of $59.07 on volume of 5.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Stocks Open Broadly Lower; Verifone Provides A Bright Spot
at Investor's Business Daily - Wed Mar 12, 9:31AM CDT
Stocks opened to moderate losses in higher trade Wednesday as U.S. stocks reflected the day's cautious shift across global markets. All three major indexes were down 0.4%: the Nasdaq, the S&P 500 and the Dow Jones industrial average. Volume rose...
Infosys (INFY) Is Water-Logged And Getting Wetter Today
at The Street - Wed Mar 12, 9:15AM CDT
Trade-Ideas LLC identified Infosys (INFY) as a "water-logged and getting wetter" (weak stocks crossing below support with today's range greater than 200%) candidate
Infosys McCamish's Ability to Securely Service its Insurance Clients Endorsed by Successful Completion of SOC 1 Type II SSAE 16 and ISAE 3402 Assessments for the Fifth Consecutive Year
Business Wire - Wed Mar 12, 7:30AM CDT
Infosys McCamish Systems, LLC, the Life Insurance and Retirement Services subsidiary of Infosys BPO Ltd, is pleased to announce the successful completion of SOC 1 Type II Statement on Standards for Attestation Engagements (SSAE 16) and International Standards for Assurance Engagements (ISAE 3402) examinations for the fifth consecutive year. These certifications confirm that the delivery of operations and IT services for Infosys McCamish's clients is done with the highest level of security and controls.
SAIC Cautions Against TRC Capital's Offer - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 11, 3:30PM CDT
Science Applications International has alerted shareholders of an unsolicited "mini-tender offer" made by TRC Capital Corporation to buy SAIC's shares below its current market price.
Research and Markets: Automotive Engineering Services Market in India 2012-2016 with Tata Consultancy Services Ltd., Infosys Ltd. and HCL Technologies Ltd Dominating
Business Wire - Mon Mar 10, 1:18PM CDT
Research and Markets (http://www.researchandmarkets.com/research/fc7bg5/automotive) has announced the addition of the "Automotive Engineering Services Market in India 2012-2016" report to their offering.
Automotive Engineering Services Market in India 2012-2016 with Tata Consultancy Services Ltd., Infosys Ltd. and HCL Technologies Ltd Dominating
M2 - Mon Mar 10, 12:02PM CDT
Research and Markets (http://www.researchandmarkets.com/research/gdmj5p/automotive) has announced the addition of the "Automotive Engineering Services Market in India 2012-2016" report to their offering. The analysts forecast the Automotive Engineering Service market in India to grow at a CAGR of 18.22 percent over the period 2012-2016. One of the key factors contributing to this market growth is the cost effectiveness of the Indian Automotive Engineering Service industry. The Automotive Engineering Service market in India has also been witnessing rise in demand for green engineering. However, the competition from other upcoming outsourcing destinations could pose a challenge to the growth of this market. Key vendors dominating this space include Tata Consultancy Services Ltd., Infosys Ltd., HCL Technologies Ltd., and Tata Technologies Ltd. Other vendors mentioned in the report are Mahindra Engineering Services, Eicher Engineering, Plexicon Inc., DC Design Pvt. Ltd. Commenting on the report, an analyst from the Engineering team said: ''The Manufacturing sector in the West is facing difficult times and it is looking for an economical cost structure as a survival strategy. With the existing crisis in the Manufacturing sector globally, manufacturers are gravitating toward India in search of inexpensive development and design solutions. India is also recognized as an emerging innovation location with a flexible talent pool and cost advantages. The design of a new product is an expensive process. Earlier, global firms were reluctant to hand over this process to an outsourcing partner. However, attitudes are changing because India has managed to understand the process severity, it has established result-oriented governance models, and it has a large English-speaking working population.'' According to the report, the availability of low-cost labor and inexpensive manufacturing capabilities is one of the key attractions boosting the market growth. In addition to low-cost labor, the availability of a technical education infrastructure that provides an increasing number of technically-trained human resources each year has been another key factor promoting the Automotive Engineering industry in India. For more information visit http://www.researchandmarkets.com/research/gdmj5p/automotive About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
SAIC Awarded a Flurry of Defense Contracts - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 07, 4:00PM CST
Science Applications International recently got a boost in its dealings with the U.S. federal government through two major contracts awarded by the Space and Naval Warfare Systems Center within a span of a couple of days.
Infosys: A Giant up from Slumber? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 07, 8:56AM CST
It seems IT bellwether Infosys Technologies Ltd. is up from its deep slumber after a streak of disappointing results over the last couple of years.
Barracuda Networks (CUDA) Jumps: Stock Rises 6.8% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Mar 07, 8:39AM CST
Barracuda Networks, Inc. was a big mover last session, as its shares rose nearly 7% on the day.
Global Software Testing Services Market in BFSI Sector 2012-2016 with Capgemini SA, IBM Corp., and Wipro Ltd Dominating
M2 - Thu Mar 06, 11:23AM CST
Research and Markets (http://www.researchandmarkets.com/research/9w5jrw/global_software) has announced the addition of the "Global Software Testing Services Market in BFSI Sector 2012-2016" report to their offering. The analysts forecast the Global Software Testing Services market in BFSI sector to grow at a CAGR of 6.91 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need to reduce operational time and cost. The Global Software Testing Services market in BFSI sector has also been witnessing a shift from on-premise software testing to cloud-based software testing. However, lack of data control in outsourced services could pose a challenge to the growth of this market. The key vendors dominating this space include Accenture plc, Capgemini SA, IBM Corp., and Wipro Ltd. The other vendors mentioned in this report are Cognizant Technology Solutions Corp., Computer Sciences Corp., Groupe Steria SA, HCL Technologies Ltd., Hewlett-Packard Co., Hexaware Technologies, Infosys Ltd., ITC Infotech India Ltd., Logica plc, Micro Focus International plc, Software Quality Systems AG, TCS Ltd., Tech Mahindra Ltd., Thinksoft Global Services Ltd., and UST Global. Commenting on the report, an analyst from the team said: The Global Software Testing Services market in the BFSI sector is characterized by a lack of skilled and qualified personnel to meet the Testing industry standards. Therefore, this trend has affected many businesses and their efforts to deploy quality production. The biggest challenge involving this trend is that financial companies are finding it difficult to determine which functions of the software production should be taken care of by in-house personnel and which should be outsourced to third-party service providers. The challenge is aggravated in the case of high-end and specific areas of industrial and specific knowledge. Therefore, responsibilities that are attached to the role of a business analyst are being taken care of by in-house personnel and functions involving testing and quality assurance are being increasingly outsourced to the independent software testing vendors. For more information visit http://www.researchandmarkets.com/research/9w5jrw/global_software About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Infosys Shares Hit 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 03, 9:09AM CST
On Feb 28, shares of Infosys Ltd. hit a new 52-week high of $62.13 per share.
Stephanie Link: Is Diebold a Bankable Buy?
at The Street - Mon Mar 03, 8:00AM CST
If you'd read some of my posts on my blog, you'll notice a pattern. I like turnaround stories, management changes, and restructurings. Companies that have been mismanaged but have a brand name and potential for market share gains, revenue upside and...
Downgrade Alert for Infosys Technologies (INFY)
Comtex SmarTrend(R) - Mon Mar 03, 7:02AM CST
Infosys Technologies (NASDAQ:INFY) was downgraded from Outperform to Neutral at RW Baird today. The stock closed yesterday at $61.67 on volume of 877,000 shares, below average daily volume of 1.3 million. In the past 52 weeks, Infosys Technologies share prices have been bracketed by a low of $22.48 and a high of $68.52 and closed yesterday at $61.67, 174% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 1.1%.
Concise Analysis of the International Third-Party Banking Software Market
M2 - Fri Feb 28, 6:38AM CST
Research and Markets (http://www.researchandmarkets.com/research/2nlkdf/global) has announced the addition of the "Concise Analysis of the International Third-Party Banking Software Market" report to their offering. There is a considerable amount of action that needs to be taken with regards to operation management in banks. Financial institutions are required to meet new and stricter government regulatory requirements as well as their own internal regulations. Banks need to adjust their business models in no time. The recent financial crisis has forced bankers to reconsider their strategy. More banks are now adopting improved information and risk management systems that meet the regulatory and statutory requirements. It is crucial to embed new modes of operations into the banking culture to achieve significant improvements. This will require banks to adopt third-party banking software in the coming years. According to the report, one of the major drivers is the need for standardization. There has been a change in the way banks operated and an increase in the complexity and rigidity in banking operations, which has necessitated the use of banking software. However, banks need advanced banking software that can help them meet all financial needs in a flexible manner. Further, the report states that one of the chief challenges is the high cost involved in switching to a new system. Bankers often refer the migration from legacy systems to third-party banking software as a critical process as it is a fearsome task especially for large banks. Key Topics Covered: 1. Executive Summary 2. List of Abbreviations 3. Introduction 4. Market Research Methodology 5. Scope of the Report 6. Market Landscape 7. Market Segmentation 8. Geographical Segmentation 9. Vendor Landscape 10. Buying Criteria 11. Market Growth Drivers 12. Drivers and their Impact 13. Market Challenges 14. Impact of Drivers and Challenges 15. Market Trends 16. Key Vendor Analysis 17. Other Reports in this Series Companies Mentioned: - Datapro Inc. - Diasoft Software Solutions - FIS Group - Fiserv Inc. - Infosys Ltd - Jack Henry & Associates - Misys Plc. - Nucleus Software - Oracle Corp. - Path Solutions - Polaris Financial Technology - SAP AG - Sopra Banking Software - Sungard Ambit. - Tata Consultancy Services Ltd. - Temenos Group AG. For more information visit http://www.researchandmarkets.com/research/2nlkdf/global
Infosys BPO Creates the Process Progression Model(TM) to Improve Business Outcomes for Clients
PR Newswire Europe - Thu Feb 27, 5:01AM CST
BANGALORE, India, February 27, 2014 /PRNewswire/ --
Infosys Dives, Cognizant Finds Support After Warning
at Investor's Business Daily - Wed Mar 12, 6:01PM CDT
Bangalore, India-based software developer Infosys (INFY) stumbled Wednesday after management softened expectations for its fiscal fourth quarter. The stock tumbled 6%, slicing below its 10-week moving average in three times its average trade. Volume...
Infosys warns of revenue hit
at Investor's Business Daily - Wed Mar 12, 5:47PM CDT
India-based software maker and tech outsourcer Infosys (INFY) said revenue growth for fiscal '14, ending this month, would be at the lower end of its earlier upwardly revised forecast for 9%-10% growth. CEO S.D. Shibulal said at a Barclays' investors...
Infosys Technologies Falls 6.07% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Wed Mar 12, 3:51PM CDT
Infosys Technologies (NASDAQ:INFY) traded in a range yesterday that spanned from a low of $54.11 to a high of $59.00. Yesterday, the shares fell 6.1%, which took the trading range below the 3-day low of $59.07 on volume of 5.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Stocks Open Broadly Lower; Verifone Provides A Bright Spot
at Investor's Business Daily - Wed Mar 12, 9:31AM CDT
Stocks opened to moderate losses in higher trade Wednesday as U.S. stocks reflected the day's cautious shift across global markets. All three major indexes were down 0.4%: the Nasdaq, the S&P 500 and the Dow Jones industrial average. Volume rose...
Infosys (INFY) Is Water-Logged And Getting Wetter Today
at The Street - Wed Mar 12, 9:15AM CDT
Trade-Ideas LLC identified Infosys (INFY) as a "water-logged and getting wetter" (weak stocks crossing below support with today's range greater than 200%) candidate
Infosys McCamish's Ability to Securely Service its Insurance Clients Endorsed by Successful Completion of SOC 1 Type II SSAE 16 and ISAE 3402 Assessments for the Fifth Consecutive Year
Business Wire - Wed Mar 12, 7:30AM CDT
Infosys McCamish Systems, LLC, the Life Insurance and Retirement Services subsidiary of Infosys BPO Ltd, is pleased to announce the successful completion of SOC 1 Type II Statement on Standards for Attestation Engagements (SSAE 16) and International Standards for Assurance Engagements (ISAE 3402) examinations for the fifth consecutive year. These certifications confirm that the delivery of operations and IT services for Infosys McCamish's clients is done with the highest level of security and controls.
SAIC Cautions Against TRC Capital's Offer - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 11, 3:30PM CDT
Science Applications International has alerted shareholders of an unsolicited "mini-tender offer" made by TRC Capital Corporation to buy SAIC's shares below its current market price.
Research and Markets: Automotive Engineering Services Market in India 2012-2016 with Tata Consultancy Services Ltd., Infosys Ltd. and HCL Technologies Ltd Dominating
Business Wire - Mon Mar 10, 1:18PM CDT
Research and Markets (http://www.researchandmarkets.com/research/fc7bg5/automotive) has announced the addition of the "Automotive Engineering Services Market in India 2012-2016" report to their offering.
Automotive Engineering Services Market in India 2012-2016 with Tata Consultancy Services Ltd., Infosys Ltd. and HCL Technologies Ltd Dominating
M2 - Mon Mar 10, 12:02PM CDT
Research and Markets (http://www.researchandmarkets.com/research/gdmj5p/automotive) has announced the addition of the "Automotive Engineering Services Market in India 2012-2016" report to their offering. The analysts forecast the Automotive Engineering Service market in India to grow at a CAGR of 18.22 percent over the period 2012-2016. One of the key factors contributing to this market growth is the cost effectiveness of the Indian Automotive Engineering Service industry. The Automotive Engineering Service market in India has also been witnessing rise in demand for green engineering. However, the competition from other upcoming outsourcing destinations could pose a challenge to the growth of this market. Key vendors dominating this space include Tata Consultancy Services Ltd., Infosys Ltd., HCL Technologies Ltd., and Tata Technologies Ltd. Other vendors mentioned in the report are Mahindra Engineering Services, Eicher Engineering, Plexicon Inc., DC Design Pvt. Ltd. Commenting on the report, an analyst from the Engineering team said: ''The Manufacturing sector in the West is facing difficult times and it is looking for an economical cost structure as a survival strategy. With the existing crisis in the Manufacturing sector globally, manufacturers are gravitating toward India in search of inexpensive development and design solutions. India is also recognized as an emerging innovation location with a flexible talent pool and cost advantages. The design of a new product is an expensive process. Earlier, global firms were reluctant to hand over this process to an outsourcing partner. However, attitudes are changing because India has managed to understand the process severity, it has established result-oriented governance models, and it has a large English-speaking working population.'' According to the report, the availability of low-cost labor and inexpensive manufacturing capabilities is one of the key attractions boosting the market growth. In addition to low-cost labor, the availability of a technical education infrastructure that provides an increasing number of technically-trained human resources each year has been another key factor promoting the Automotive Engineering industry in India. For more information visit http://www.researchandmarkets.com/research/gdmj5p/automotive About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
SAIC Awarded a Flurry of Defense Contracts - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 07, 4:00PM CST
Science Applications International recently got a boost in its dealings with the U.S. federal government through two major contracts awarded by the Space and Naval Warfare Systems Center within a span of a couple of days.
Infosys: A Giant up from Slumber? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 07, 8:56AM CST
It seems IT bellwether Infosys Technologies Ltd. is up from its deep slumber after a streak of disappointing results over the last couple of years.
Barracuda Networks (CUDA) Jumps: Stock Rises 6.8% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Mar 07, 8:39AM CST
Barracuda Networks, Inc. was a big mover last session, as its shares rose nearly 7% on the day.
Global Software Testing Services Market in BFSI Sector 2012-2016 with Capgemini SA, IBM Corp., and Wipro Ltd Dominating
M2 - Thu Mar 06, 11:23AM CST
Research and Markets (http://www.researchandmarkets.com/research/9w5jrw/global_software) has announced the addition of the "Global Software Testing Services Market in BFSI Sector 2012-2016" report to their offering. The analysts forecast the Global Software Testing Services market in BFSI sector to grow at a CAGR of 6.91 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need to reduce operational time and cost. The Global Software Testing Services market in BFSI sector has also been witnessing a shift from on-premise software testing to cloud-based software testing. However, lack of data control in outsourced services could pose a challenge to the growth of this market. The key vendors dominating this space include Accenture plc, Capgemini SA, IBM Corp., and Wipro Ltd. The other vendors mentioned in this report are Cognizant Technology Solutions Corp., Computer Sciences Corp., Groupe Steria SA, HCL Technologies Ltd., Hewlett-Packard Co., Hexaware Technologies, Infosys Ltd., ITC Infotech India Ltd., Logica plc, Micro Focus International plc, Software Quality Systems AG, TCS Ltd., Tech Mahindra Ltd., Thinksoft Global Services Ltd., and UST Global. Commenting on the report, an analyst from the team said: The Global Software Testing Services market in the BFSI sector is characterized by a lack of skilled and qualified personnel to meet the Testing industry standards. Therefore, this trend has affected many businesses and their efforts to deploy quality production. The biggest challenge involving this trend is that financial companies are finding it difficult to determine which functions of the software production should be taken care of by in-house personnel and which should be outsourced to third-party service providers. The challenge is aggravated in the case of high-end and specific areas of industrial and specific knowledge. Therefore, responsibilities that are attached to the role of a business analyst are being taken care of by in-house personnel and functions involving testing and quality assurance are being increasingly outsourced to the independent software testing vendors. For more information visit http://www.researchandmarkets.com/research/9w5jrw/global_software About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Infosys Shares Hit 52-Week High - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 03, 9:09AM CST
On Feb 28, shares of Infosys Ltd. hit a new 52-week high of $62.13 per share.
Stephanie Link: Is Diebold a Bankable Buy?
at The Street - Mon Mar 03, 8:00AM CST
If you'd read some of my posts on my blog, you'll notice a pattern. I like turnaround stories, management changes, and restructurings. Companies that have been mismanaged but have a brand name and potential for market share gains, revenue upside and...
Downgrade Alert for Infosys Technologies (INFY)
Comtex SmarTrend(R) - Mon Mar 03, 7:02AM CST
Infosys Technologies (NASDAQ:INFY) was downgraded from Outperform to Neutral at RW Baird today. The stock closed yesterday at $61.67 on volume of 877,000 shares, below average daily volume of 1.3 million. In the past 52 weeks, Infosys Technologies share prices have been bracketed by a low of $22.48 and a high of $68.52 and closed yesterday at $61.67, 174% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.9% while the 50-day MA has advanced 1.1%.
Concise Analysis of the International Third-Party Banking Software Market
M2 - Fri Feb 28, 6:38AM CST
Research and Markets (http://www.researchandmarkets.com/research/2nlkdf/global) has announced the addition of the "Concise Analysis of the International Third-Party Banking Software Market" report to their offering. There is a considerable amount of action that needs to be taken with regards to operation management in banks. Financial institutions are required to meet new and stricter government regulatory requirements as well as their own internal regulations. Banks need to adjust their business models in no time. The recent financial crisis has forced bankers to reconsider their strategy. More banks are now adopting improved information and risk management systems that meet the regulatory and statutory requirements. It is crucial to embed new modes of operations into the banking culture to achieve significant improvements. This will require banks to adopt third-party banking software in the coming years. According to the report, one of the major drivers is the need for standardization. There has been a change in the way banks operated and an increase in the complexity and rigidity in banking operations, which has necessitated the use of banking software. However, banks need advanced banking software that can help them meet all financial needs in a flexible manner. Further, the report states that one of the chief challenges is the high cost involved in switching to a new system. Bankers often refer the migration from legacy systems to third-party banking software as a critical process as it is a fearsome task especially for large banks. Key Topics Covered: 1. Executive Summary 2. List of Abbreviations 3. Introduction 4. Market Research Methodology 5. Scope of the Report 6. Market Landscape 7. Market Segmentation 8. Geographical Segmentation 9. Vendor Landscape 10. Buying Criteria 11. Market Growth Drivers 12. Drivers and their Impact 13. Market Challenges 14. Impact of Drivers and Challenges 15. Market Trends 16. Key Vendor Analysis 17. Other Reports in this Series Companies Mentioned: - Datapro Inc. - Diasoft Software Solutions - FIS Group - Fiserv Inc. - Infosys Ltd - Jack Henry & Associates - Misys Plc. - Nucleus Software - Oracle Corp. - Path Solutions - Polaris Financial Technology - SAP AG - Sopra Banking Software - Sungard Ambit. - Tata Consultancy Services Ltd. - Temenos Group AG. For more information visit http://www.researchandmarkets.com/research/2nlkdf/global
Infosys BPO Creates the Process Progression Model(TM) to Improve Business Outcomes for Clients
PR Newswire Europe - Thu Feb 27, 5:01AM CST
BANGALORE, India, February 27, 2014 /PRNewswire/ --
