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BluePhoenix Solutions and ATERAS merge to create 'modern systems'

Wednesday, 6 Aug 2014 09:00am EDT

BluePhoenix Solutions Ltd and Sophisticated Business Systems Inc (ATERAS):Entry into a definitive merger agreement (dated Aug. 5,) pursuant to which Ateras and a wholly-owned subsidiary of BluePhoenix would merge. a.greement is an all-stock transaction in which BluePhoenix will issue about 6.2 mln shares to ATERAS shareholders in exchange for 100 pct of ATERAS' shares.Merger agreement between BluePhoenix and ATERAS is subject to shareholder approval, regulatory review and other material customary conditions and is expected to close during the 4th Quarter between the parties.

Interxion Holding NV reaffirms FY 2014 outlook

Wednesday, 6 Aug 2014 07:00am EDT

Interxion Holding NV:Reaffirmed FY 2014 revenue and adjusted EBITDA guidance.Expects FY 2014 revenue in the range of 334 -344 mln Euros.Expects FY 2014 adjusted EBITDA in the range of 145-152 mln Euros.FY 2014 revenue of 336 mln Euros, EBITDA of 147 mln Euros - Thomson Reuters I/B/E/S.

Infosys Ltd to invest 14.00 bln Indian Rupees in Noida campus-Business Standard

Wednesday, 6 Aug 2014 06:54am EDT

Infosys Ltd:Plans to invest 14.00 bln Indian Rupees in its proposed campus spread over about 28 acres in Noida, Uttar Pradesh-Business Standard.

Engineering Ingegneria Informatica SpA issues FY 2014 outlook in-line with estimates; approves plan of transfer of Managed Operations business unit into controlled Engineering.mo

Wednesday, 6 Aug 2014 06:30am EDT

Engineering Ingegneria Informatica SpA:Issues FY 2014 guidance.Expects FY 2014 total revenues between 840-860 mln euros, EBITDA between 104-106 mln euros.FY 2014 revenues at 864.35 mln euros, EBITDA at 107.30 mln euros-Thomson Reuters I/B/E/S.Says the Board also approved the plan of transfer of its Managed Operations activities into the controlled company Engineering.mo SpA.This transaction is in line with the optimization and centralization plan which aims at converging into Engineering.mo all outsourcing activities, delivered both in traditional mode as well as through the Cloud platform.

Medidata Solutions Inc gives long term revenue outlook - Conference Call

Tuesday, 5 Aug 2014 02:00pm EDT

Medidata Solutions Inc:Expects long-term growth target of 20-25 pct of revenue growth.FY 2014 revenue of $341.70 mln - Thomson Reuters I/B/E/S.FY 2015 revenue of $414.58 mln - Thomson Reuters I/B/E/S.FY 2016 revenue of $496.18 mln - Thomson Reuters I/B/E/S.FY 2017 revenue of $529.90 mln - Thomson Reuters I/B/E/S.

EPAM Systems Inc raises FY 2014 outlook; gives Q3 2014 outlook above analysts' estimates

Monday, 4 Aug 2014 06:22pm EDT

EPAM Systems Inc:Expects FY 2014 year-over-year revenue growth to be 28- 30 pct.Expects FY 2014 Non-GAAP net income growth to be in the range of 26- 28 pct year-over-year.Expects Q3 2014 revenues between $188 -$190 mln.Expects Q3 2014 non-GAAP diluted EPS to be in the range of $0.53 to $0.55.Expects Q3 2014 GAAP diluted EPS to be the in the range of $0.25 to $0.27.Reported revenue of $555 mln and net income of $80 mln in FY 2013.FY 2014 revenue of $689 mln, net income of $96 mln - Thomson Reuters I/B/E/S.Q3 2014 revenue of $177 mln, EPS of $0.41 - Thomson Reuters I/B/E/S.

TrustBuddy International AB issues Q2 2014 revenues and Q3 2014 and Q4 2014 profit forecast

Friday, 18 Jul 2014 02:17am EDT

TrustBuddy International AB:Says its revenues for Q2 2014 are expected to be in line with Q1 2014.Expects profitability to significantly improve in Q3 2014 and Q4 2014.

Montech Holdings Ltd announces issue of ordinary shares

Thursday, 17 Jul 2014 10:51pm EDT

Montech Holdings Ltd:Says issue of 300,000,000 fully paid ordinary shares.Issues 150,000,000 fully paid ordinary shares at issue price of A$0.0025 per share, raising A$375,000.Issues 150,000,000 fully paid ordinary shares at issue price of A$0.01 per share, raising A$1,500,000.

Dagang Nexchange Bhd acquires 80 pct equity interest in Nation Hallmark Sdn Bhd

Thursday, 17 Jul 2014 08:00pm EDT

Dagang Nexchange Bhd:Acquires 80 pct equity interest in Nation Hallmark Sdn Bhd (Company No. 1093694- H) (NHSB).Comprising 800,000 ordinary shares of 1.00 Ringgit each at total cash consideration of 800,000 Ringgit.Acquisition is satisfied wholly in cash from the Company's internally generated funds.

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