ISS News 5.11 Isoftstone Holdings (ISS)

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Isoftstone Holdings (ISS) 5.11 $ISS

iSoftStone Enters Into Definitive Merger Agreement for Going Private Transaction
PR Newswire - Fri Apr 18, 3:33PM CDT
iSoftStone Holdings Limited ("iSoftStone" or the "Company" (NYSE: ISS), a leading China-based IT services provider, today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement" with New iSoftStone Holdings Limited ("Parent" and New iSoftStone Acquisition Limited ("Merger Sub" , pursuant to which Parent will acquire iSoftStone (the "Transaction" for US$0.57 per ordinary share of the Company (a "Share" or US$5.70 per American depositary share, each representing ten Shares (an "ADS" . This amount represents a premium of 17.8% over the Company's closing price of US$4.84 per ADS on June 5, 2013, the last trading day prior to June 6, 2013, the date that the Company announced that it had received a "going-private" proposal, and a premium of 26.4% to the volume-weighted average closing prices of the Company's ADSs during the 30 trading days prior to June 6, 2013.

iSoftStone Showcases Smart City Innovation at CeBIT 2014
PR Newswire - Fri Mar 14, 7:14AM CDT
iSoftStone Holdings Limited ("iSoftStone" in below, NYSE: ISS), a global technology services provider, participated at CeBIT 2014 in Hannover, Germany, along with Huawei, a leading solution provider for information and communications technology (ICT), and jointly showcased their comprehensive Smart City solution portfolio and end-to-end service capabilities.

UCSF Medical Center Executive Elected 2014 Board Chair of California Hospital Association
PR Newswire - Thu Jan 23, 5:17PM CST
Mark Laret, CEO of UCSF Medical Center & UCSF Benioff Children's Hospital, to Guide CHA in Coming Year

iSoftStone Hosts Innovation Developer Forum 2013 in Beijing
PR Newswire - Fri Dec 06, 6:55AM CST
iSoftStone Holdings Limited ("iSoftStone," NYSE: ISS) hosted the Innovation Developer Forum 2013 ("the Forum" at its global headquarters in Beijing today. With a theme of "Open, Share, Collaborate, and Innovate," the event is the first premier technology and innovation conference that iSoftStone has hosted in its 12-year history. More than 500 technology experts and experienced developers, as well as VIP guests from companies such as IBM, Intel, Huawei, VMWare China, participated in the event for in-depth discussions on enterprise innovation and for sharing the latest development technologies. The Forum focused on key industry topics including Cloud Computing, Mobile Internet, Social Networks, Big Data, and Analytics.

iSoftStone net revenue up 12.9% Q3 2013
M2 - Wed Nov 27, 6:40AM CST
iSoftStone Holdings Ltd. (NYSE: ISS) said its net revenues increased 12.9% to USD111.3m in the third quarter 2013 from USD98.6m in the third quarter 2012.

iSoftStone Reports Financial and Operating Results for the Third Quarter 2013
PR Newswire - Tue Nov 26, 6:02AM CST
iSoftStone Holdings Limited ("iSoftStone" or "the Company," NYSE: ISS), a leading China-based IT services provider, today reported its unaudited financial and operating results for the third quarter ended September 30, 2013.

iSoftStone to Host Third Quarter 2013 Earnings Conference Call on November 26, 2013 at 8:00 a.m. EST (NY)
PR Newswire - Fri Nov 22, 4:00AM CST
iSoftStone Holdings Limited ("iSoftStone," NYSE: ISS), a leading China-based IT services provider, today announced that it will host an earnings conference call and live webcast covering its third quarter 2013 financial results on November 26, 2013 at 8:00 a.m. Eastern Standard Time (New York), which is also 9:00 p.m. in Beijing and Hong Kong on the same day.

iSoftStone's Annual General Meeting of Shareholders will be Held on December 20, 2013
PR Newswire - Tue Nov 19, 4:00AM CST
iSoftStone Holdings Limited ("iSoftStone" or the "Company," NYSE: ISS), a leading China-based IT services provider, today announced that its Annual General Meeting of Shareholders ("AGM" will begin at 10:00 a.m. (Beijing time) on December 20, 2013, at East Building 16, Courtyard 10, Xibeiwang East Road, Haidian District, Beijing China.

iSoftStone Announces Receipt of Revised Offer to Acquire the Company at $5.45 per ADS
PR Newswire - Mon Nov 04, 5:54AM CST
iSoftStone Holdings Limited ("iSoftStone" or "the Company," NYSE: ISS), a leading China-based IT services provider, today announced that the independent committee of its board of directors (the "Independent Committee" has received a revised offer (the "Offer" , dated November 2, 2013, from a consortium (the "Consortium" consisting of (i) Mr. Tianwen Liu, the chief executive officer and the chairman of the board of directors of the Company, (ii) ChinaAMC Capital Management Limited ("ChinaAMC" , an alternative investment platform and an affiliate of China Asset Management (Hong Kong) Limited, and (iii) Accurate Global Limited, Advance Orient Limited and CSOF Technology Investments Limited, to acquire all of the Company's outstanding ordinary shares not currently owned by the Consortium for $0.545 per ordinary share or $5.45 per American depositary share ("ADS," each representing ten ordinary shares of the Company) in cash (the "Transaction" , subject to certain conditions. The Offer adjusted down the proposed price of $0.585 per ordinary share or $5.85 per ADS in the non-binding proposal received by the Company's board of directors from Mr. Liu and ChinaAMC on June 6, 2013. A copy of the Offer is attached hereto as Exhibit A.

iSoftStone Supports the 2013 MIT China Conference
PR Newswire - Thu Oct 31, 6:55AM CDT
iSoftStone sponsored and participated in The 2013 MIT China Conference J.W.Marriott Hotel, Beijing on October 30- 31, 2013. Under the theme of "The new Urbanism for China: innovation and technologies that will change the ways cities develop and grow", the MIT Industrial Liaison Program's first inaugural China Conference brought together world thought leaders from MIT and industry over cutting-edge research, innovative technologies, and best practices in urbanism to help lead the world towards realizing smart, sustainable, livable cities of future.

Five Star Equities Issues New Research Reports on ISS, SAFM, TIF and TRMB
ACCESSWIRE - Wed Aug 28, 8:00AM CDT
Five Star Equities releases regular market updates so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at http://www.fivestarequities.com/ and get exclusive access to our numerous stock reports.

iSoftStone posts 2nd-quarter loss
AP - Tue Aug 27, 11:02AM CDT
BEIJING (AP) — Chinese information technology services company iSoftStone Holdings Ltd. posted a second-quarter loss Tuesday, weighed down by rising expenses.

iSoftStone Reports Financial and Operating Results for the Second Quarter 2013
PR Newswire - Tue Aug 27, 6:43AM CDT
iSoftStone Holdings Limited ("iSoftStone" or "the Company," NYSE: ISS), a leading China-based IT services provider, today reported its unaudited financial and operating results for the second quarter ended June 30, 2013.

iSoftStone to Host Second Quarter 2013 Earnings Conference Call on August 27, 2013 at 8:00 a.m. EDT (NY)
PR Newswire - Tue Aug 06, 5:00AM CDT
iSoftStone Holdings Limited ("iSoftStone," NYSE: ISS), a leading China-based IT services provider, today announced that it will host an earnings conference call and live webcast covering its second quarter 2013 financial results on August 27, 2013 at 8:00 a.m. Eastern Daylight Time (New York), which is also 8:00 p.m. in Beijing and Hong Kong on the same day.

Infosys 1Q Earnings Top Estimates - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jul 12, 1:50PM CDT
Infosys reported first quarter 2014 earnings per ADS of 73 cents, beating the Zacks Consensus Estimate of 69 cents by 5.7%.

iSoftStone Wins 2013 Award for "China Green IT Services & Outsourcing Innovation" Contribution
PR Newswire - Tue Jul 09, 6:55AM CDT
iSoftStone Holdings Limited ("iSoftStone," NYSE: ISS), a China-based global IT services and solutions provider announced today that it was presented with the "China Green IT Service & Outsourcing Innovation" award, celebrating its contribution to the industry, on July 5, 2013. The Company's Chairman and CEO, Mr. T.W. Liu, was also presented with the "2013 China Elite IT Services" award. The accolades were announced at the International CIO Roundtable Summit from the 3rd China (Suzhou) Service Outsourcing Innovation Development and Investment Promotion Summit ("COIP" .

iSoftStone Forms Independent Committee and Appoints Advisors
PR Newswire - Mon Jul 08, 10:00AM CDT
iSoftStone Holdings Limited ("iSoftStone" or the "Company" (NYSE: ISS), a leading China-based IT services provider, today announced that its board of directors has formed a committee composed of three of its independent directors, Tom Manning, Chung-Kao Hsieh, and Al-Noor Gulamali Abdulla Ramji (the "Independent Committee" to evaluate the previously announced preliminary non-binding proposal received by the Company's board of directors on June 6, 2013 from Mr. Tianwen Liu, the Company's CEO and the chairman of its board of directors, and ChinaAMC Capital Management Limited to acquire the Company for $0.585 in cash per ordinary share or $5.85 in cash per American depositary share (the "Proposed Transaction" .

iSoftStone: Smart Thinking in the Big-Data Age
PR Newswire - Wed Jun 26, 6:55AM CDT
iSoftStone Holdings Limited ("iSoftStone," NYSE: ISS), a China-based global IT services and solutions provider, attended the 11th Annual China International Software & Information Service Fair ("the Fair" , held from June 20 to June 23 in Dalian. At the Fair, iSoftStone received the "Best Solutions in the China Software and Information Service Industry" award for its pioneering "Smart City Solutions Offerings," fresh from success at the 17th China Software Expo where they were recognized with another award, namely "Annual Excellent Smart City Solutions." These awards show that the industry recognizes iSoftStone's service capabilities in the smart city area, and herald another solid step towards the company's goal of becoming an innovative IT service enterprise, driven by smart business, and focusing on high value-added business, such as consulting and industry solutions.

Infosys Downgraded to Underperform - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jun 12, 8:53PM CDT
We recently downgraded Infosys Ltd. to Underperformer based on its poor performances during last few quarters.

Investor group makes $333M bid for iSoftStone
By The Associated Press - AP - Thu Jun 06, 12:12PM CDT
Chinese information technology company iSoftStone Holdings Ltd. said Thursday that it received a takeover bid from a group of investors that includes its current CEO.
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