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Cognizant announces senior-level promotions

Aug 21, 2014 at 21:32 | Source: Economic Times

IT services companies are doing all it takes to retain talent in a buoyant demand environment. After Infosys and Wipro, recently announced promotions and hikes for employees, NASDAQ-listed Cognizant on Wednesday rolled out promotions for senior leve...

Wall St flat ahead of Fed minutes; retailers resilient

Aug 20, 2014 at 23:33 | Source: FirstPost

NEW YORK (Reuters) - U.S. stocks were little changed Wednesday after two days of gains, ahead of the release of minutes from the most recent Federal Reserve meeting, as investors shrugged off bleak earnings forecasts from some retailers like Lowe's ...

Wall St inches up with Fed minutes on tap; retailers resilient

Aug 20, 2014 at 23:15 | Source: FirstPost

NEW YORK (Reuters) - U.S. stocks inched higher Wednesday after two days of gains, ahead of the release of minutes from the most recent Federal Reserve meeting, as investors brushed off bleak earnings forecasts from some retailers like Lowe's and Targ...

Steve Ballmer Steps Down From Microsoft Board

Aug 20, 2014 at 02:01 | Source: Wall Street Journal

Steve Ballmer speaks to fans as he is introduced as the new owner of the Los Angeles Clippers on Monday. Bloomberg. Former Microsoft Corp. MSFT +0.68% Microsoft Corp. U.S.: Nasdaq $45.14 +0.31 +0.68% Aug. 19, 2014 3:27 pm Volume (Delayed 15m)&nbs...

BlackBerry creates new unit for potential high-growth assets

Aug 19, 2014 at 13:27 | Source: Economic Times

TORONTO: BlackBerry Ltd said on Monday it has created a new unit to house what many consider to be among its most promising assets - cryptographic applications, its QNX embedded software and Project Ion platform for connecting devices. The Canadian ...

IT firms may face trouble as delays in outsourcing contracts push deals farther away for cos

Aug 19, 2014 at 13:27 | Source: Economic Times

BANGALORE: Information technology outsourcing companies, including Indian software exporters, could be in for trouble as almost every second contract to be awarded during the first quarter of this fiscal year got pushed back, underlining the choppy d...

Wall Street Ends Mixed, Recovers From Ukraine-Driven Slide

Aug 16, 2014 at 14:00 | Source: NDTV Profit

New York: US stocks ended mixed on Friday, paring an earlier selloff sparked by reports of Ukraine shelling a Russian armored column. The tech-heavy Nasdaq was lifted by gains in stocks like Gilead and Microsoft. The three major US stock indices had&...

Amazon Makes Push Into Stores With Payment Service

Aug 14, 2014 at 03:54 | Source: Wall Street Journal

Amazon unveiled Local Register, a new mobile-payment service that could threaten rivals like Square and PayPal. WSJ's Scott Thurm explains on Digits. Photo: Amazon. Amazon.com Inc. AMZN +2.18% Amazon.com Inc. U.S.: Nasdaq $326.28 +6.96 +2.18%...

Alibaba chooses New York Stock Exchange over Nasdaq

Aug 13, 2014 at 12:07 | Source: BBC

The Chinese online retailer, Alibaba, will list its shares on the New York Stock Exchange (NYSE), rather than on the technology focused Nasdaq. Alibaba, which handles more than 80% of online retail transactions in China, plans to go public in the US ...

Cognizant enters $10bn club; April-June period revenue jumps to $2.5 billion

Aug 10, 2014 at 04:37 | Source: Economic Times

CHENNAI: The Teaneck, New Jersey-based Cognizant on Wednesday said its quarterly revenues for April-June period rose to $2.52 billion, in line with analyst expectations, up 16.5% from a year-ago period and 3.9% sequentially, joining the $10 billion a...

Markets nervous as Obama authorises Iraq air strikes

Aug 08, 2014 at 20:42 | Source: BBC

Stock markets have been rattled, while the prices of oil and gold have risen, as worries grow about the impact of conflicts in Iraq and Ukraine. Markets were hit by news that US President Barack Obama had authorised air strikes against Islamic milita...

After Flipkart's valuation soared to $7 billion, Dalal Street warms up to e-commerce players

Aug 08, 2014 at 12:27 | Source: Economic Times

MUMBAI: Dalal Street is warming up to e-commerce players big time; more so, after the valuation of unlisted online retailer Flipkart soared to $7 billion (Rs 43,064 crore). The fascination for such companies in the listed space is equally strong, wit...

Fox's Earnings Boosted by Movies, Cable TV

Aug 07, 2014 at 03:54 | Source: Wall Street Journal

Fox's earnings were helped by gains in its film division, including "X-Men: Days of Future Past," above. 20thCentFox/Courtesy Everett Collection. 21st Century Fox Inc. FOXA +3.29% 21st Century Fox Inc. Cl A U.S.: Nasdaq $32....

Groupon moves COO Kal Raman as CEO of Asia-Pacific

Aug 06, 2014 at 18:00 | Source: VC Circle

Raman had become the COO in late 2012 when Groupon was facing hiccups in expanding its business overseas. NASDAQ-listed deals & vouchers site Groupon has reported 23 per cent rise in revenues for the second quarter ended June 30, 2014, to $75...

Groupon revenues rise 23%, volumes up 79% in Q2; moves COO Kal Raman as <b>...</b>

Aug 06, 2014 at 18:00 | Source: VC Circle

NASDAQ-listed deals &amp; vouchers site Groupon has reported 23 per cent rise in revenues for the second quarter ended June 30, 2014, to $751.6 million over the year-ago period led by growth outside North America. North America revenue increased ...

Fox Withdraws Time Warner Bid

Aug 06, 2014 at 06:01 | Source: Wall Street Journal

Rupert Murdoch, right, and Fox withdraw the offer for Time Warner, led by Jeff Bewkes, left. Associated Press. 21st Century Fox FOXA -0.70% 21st Century Fox Inc. Cl A U.S.: Nasdaq $31.30 -0.22 -0.70% Aug. 5, 2014 4:00 pm Volume (Delayed 15m) : 19.82M...

Microsoft Says It Is Suing Samsung Over Smartphone-Patent Contract

Aug 02, 2014 at 15:42 | Source: Wall Street Journal

Models of the Samsung Galaxy S5 at a store in Seoul, South Korea. Bloomberg News. Microsoft Corp. MSFT -0.70% Microsoft Corp. U.S.: Nasdaq $42.86 -0.30 -0.70% Aug. 1, 2014 4:00 pm Volume (Delayed 15m) : 30.45M AFTER HOURS $42.94 +0.08&nbsp;......

Louisiana Bancorp, Inc. Announces Earnings for the Second Quarter

Aug 01, 2014 at 18:01 | Source: Wall Street Journal

METAIRIE, La., Aug. 1, 2014 (GLOBE NEWSWIRE) -- Louisiana Bancorp, Inc. (the &quot;Company&quot;) (Nasdaq:LABC), the holding company for Bank of New Orleans (the &quot;Bank&quot;), announced today that the Company&#39;s net income...

S&amp;P 500, Nasdaq End Up as Fed in No Rush to Raise Rates

Jul 31, 2014 at 08:00 | Source: NDTV Profit

New York: The S&amp;P 500 and Nasdaq ended higher on Wednesday after the Federal Reserve gave a rosier assessment of the US economy while reaffirming that it is in no hurry to raise interest rates. The US central bank also, as expected, reduced i...

MakeMyTrip Q1 net revenue up 36.3%; hotels &amp; packages now generate over <b>...</b>

Jul 30, 2014 at 19:53 | Source: VC Circle

makemytrip-logo NASDAQ-listed online travel services firm MakeMyTrip (MMT) reported a 36.3 per cent rise in revenues less service costs or net revenues to $35.5 million for the first quarter ended June 30, 2014 over the year-ago period. Overall ...

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