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Cognizant Technology Solutions Corp (CTSH.OQ)

CTSH.OQ on NASDAQ Stock Exchange Global Select Market

57.10USD
7 Dec 2016
Change (% chg)

$1.80 (+3.26%)
Prev Close
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Open
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Day's High
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Volume
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Tue, Nov 29 2016

BRIEF-Cognizant to acquire digital marketing and customer experience agency Mirabeau BV

* Cognizant to acquire digital marketing and customer experience agency Mirabeau BV

Elliott discloses stake in Cognizant, urges board shakeup

Activist investor Elliott Management disclosed a stake of more than 4 percent in Cognizant Technology Solutions and urged the IT services provider in a letter to consider shaking up its board as one of several steps to boost shareholder value.

UPDATE 2-Elliott discloses stake in Cognizant, urges board shakeup

Nov 28 Activist investor Elliott Management disclosed a stake of more than 4 percent in Cognizant Technology Solutions and urged the IT services provider in a letter to consider shaking up its board as one of several steps to boost shareholder value.

BRIEF-Cognizant issues statement in response to Elliott Management letter

* Cognizant issues statement in response to Elliott Management letter

Elliott discloses stake in Cognizant, urges changes

Nov 28 Activist investor Elliott Management Corp disclosed a more than 4 percent stake in Cognizant Technology Solutions and urged the IT services provider to take steps to boost shareholder value.

BRIEF-Elliott management sends letter to Cognizant Technology Solutions Corporation

* Elliott management sends letter to cognizant technology solutions corporation outlining value-enhancement plan

BRIEF-Cognizant says to date, identified $5.0 mln in payments that may have been improper

* Cognizant technology solutions - to date, internal investigation has identified total of about $5.0 million in payments that may have been improper

BRIEF-Cognizant says sees FY 2016 non-gaap earnings per share $3.38 to $3.41

* Fy2016 earnings per share view $3.37, revenue view $13.55 billion -- Thomson Reuters I/B/E/S

Cognizant says conducting corruption probe; president replaced

IT services provider Cognizant Technology Solutions Corp said it was conducting an internal investigation into possible violations of U.S. anti-corrupt practices laws related to payments in India, sending its shares tumbling on Friday.

UPDATE 3-Cognizant says conducting corruption probe; president replaced

* Shares close down 13 pct, $4.5 bln of mkt-value wiped out (Updates shares to close, adds details)

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