News: Cognizant Technology Solutions Corp (CTSH.OQ)
22 Aug 2014
Wed, Aug 6 2014
* Indexes up: Dow 0.1 pct, S&P 0.1 pct, Nasdaq 0.2 pct (Updates prices, changes comment, byline)
* Indexes up: Dow 0.17 pct, S&P 0.18 pct, Nasdaq 0.36 pct (Updates to morning trading, recasts, adds comment)
* Indexes up: Dow 0.3 pct, S&P 0.3 pct, Nasdaq 0.3 pct (Updates to morning trading, recasts, adds comment)
- IT services provider Cognizant Technology Solutions Corp forecast its slowest full-year sales growth in its 20-year history, citing delays in booking revenue from some large deals.
Aug 6 - IT services provider Cognizant Technology Solutions Corp forecast its slowest full-year sales growth in its 20-year history, citing delays in booking revenue from some large deals.
* Futures off: Dow 63 pts, S&P 8 pts, Nasdaq 25 pts (Updates prices, adds byline)
NEW YORK, Aug 6 - U.S. stock index futures fell on Wednesday, with S&P e-minis at a more than two-month low, on worries of an escalation of the conflict in Ukraine and as key merger and acquisition deals fell through.
Aug 6 - IT services provider Cognizant Technology Solutions Corp reported a 16.5 percent rise in quarterly revenue, helped by higher IT spending in North America and Europe.
- Technology outsourcing company Cognizant Technology Solutions Corp said growth in its North America healthcare business would remain slow this quarter due to lower spending by customers adjusting to U.S. healthcare reforms.
* Sees 2nd-qtr revenue $2.50 bln-$2.53 bln vs est. $2.54 bln
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