Top gainers, as of 5:15 p.m.: BLOX +11.6% . LOCO +5.0% . EXTR +4.8% . AMBA +3.4% . ANR +3.2% . Top losers, as of 5:15 p.m.: ZQK -14.1% . GLNG -6.5% . GPS -5.6% . ZUMZ -5.0% . INFY -4.5% . Post your comment!
By Robert Hessels : Company Profile Syntel, Inc. (NASDAQ: SYNT ) was established in 1980 by Bharat Desai and Neerja Sethi as a provider of software services. With revenues of just $30,000 in its first year, Syntel has grown into an $824.8 million corporation with a market cap of over $3.71 billion,
increased its buyback authorization by $500M; $900M remains available under the company's buyback program. Peers Infosys ( INFY -4.2% ), Wipro ( WIT -2.5% ), and Accenture ( ACN -1.5% ) are also trading lower. Infosys dropped last month after
equipment suppliers, and media. But the domestic consumer companies already have high valuations. And Indian multinationals [ INFY , TTM ] will not benefit as they are more tied to the markets outside India. On the election of the new president Widodo , and
more than $2.7 billion to shareholders through dividends. Founded in 1981 and based in Bangalore, India, Infosys Technologies is a leading global provider of IT-related products and services. Its service portfolio includes consulting
thought of investing in companies from emerging markets may provoke a sense of unease. Names like China Mobile CHL, Infosys INFY , and OAO Gazprom OGZD aren't exactly household names here. Yet many U.S. investors already own emerging-markets companies
average market cap is about $10 billion, and its top five positions include heavyweights Reliance Industries RELIANCE and Infosys INFY , each of which takes up more than 7% of this fund's assets. Neither of those giants appears anywhere in Dreyfus India
basis points year over year) driven by wage hikes which were initiated in early June. We have witnessed firms such as Infosys INFY institute similar wage increases, which may have triggered Wipro's increase as a means of guarding against attrition.
Latino markets [ CMCSA, MOH, HRL ] and a variety of companies [ MO, CMG, APP ]. Hurt may be outsourcers [ CTSH, WIT, INFY ], private prison operators [ CXW, GEO ], and money-transfer services [ WU ]. Pg 20: The US-Mexico border fence in the
Infosys INFY posted fiscal first-quarter results that surpassed our expectations on the back of client additions and a number of large contract