May 20, 2013

outlook - News


Cognizant Technology Solutions Corp. or CTSH’s 2Q Net Profit Incresed by 22% Expect it to Continue

Cognizant Technology Solutions Corp

Cognizant Technology Solutions Corp (CTSH) reported a profit that topped market estimates for the sixth straight quarter, helped by a surge in discretionary projects, and raised its outlook for the year. Shares of the IT services provider were up 5 percent in trading before the bell. Shares of Cognizant Technology Solutions traded at a new [...]

Roche Net Income Passes 8% and 58% Profit Increases

Switzerland Roche

Despite a more challenging market, Roche Holdings’ confirmed its full-year outlook on Thursday and posted an 8% jump in its first-half net income because of more drug and diagnostics sales. The Swiss pharmaceutical company also noted that the U.S. Food and Drug Administration has voted to halt the use of Roche’s Avastin drug for treating [...]