Tag Archives: infy

Luxoft Attacks Vertical Markets, But Under The Radar

Swiss tech service provider Luxoft has been a top performer in its sector, with its international and vertical-market approach. Luxoft (LXFT) has a highest-possible IBD Composite Rating of 99, a rating that its groupmate Cognizant Technology Solutions (CTSH) shares. IBD’s tech services group, which also includes Accenture (ACN) and Infosys (INFY), ranks No. 23 out of 197. Luxoft’s focus is vertical, developing software tailored for customers in

Igate Sold For $4 Bil Amid Service Commoditization

The fortunes of players in the information technology and consulting services industry swung in two directions, with Capgemini agreeing to buy Igate (IGTE) and Infosys (INFY) saying fourth-quarter revenue suffered from the commoditization of traditional services. On Monday, French IT firm Capgemini agreed to pay $4 billion, or $48 a share, for Igate, which reported revenue of $1.3 billion last year. The deal is expected to close in the second half

Infosys Q3 Earnings Growth Beats Views

Infosys (INFY) turned in mixed fiscal third-quarter earnings early Friday. The provider of consulting, technology, engineering and outsourcing services reported revenue just under analyst estimates, but its earnings handily beat Wall Street views, and its revenue guidance was on the high end of estimates. Infosys stock was up 3.5% in morning trading on the stock market today , near 33.25. The stock rose 11% in 2014 and is up 6% this year. Early