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	<title>Stock Blog Hub &#187; Cognizant Technology Solutions Corporation</title>
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		<title>(CTSH) Cognizant Technology Solutions Delivers Solid Quarter</title>
		<link>http://www.stockbloghub.com/2009/11/03/ctsh-cognizant-technology-solutions-delivers-solid-quarter/19522</link>
		<comments>http://www.stockbloghub.com/2009/11/03/ctsh-cognizant-technology-solutions-delivers-solid-quarter/19522#comments</comments>
		<pubDate>Tue, 03 Nov 2009 22:05:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Software & Services]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Cognizant Technology Solutions Corporation]]></category>
		<category><![CDATA[CTSH]]></category>
		<category><![CDATA[Infosys Technologies Limited]]></category>
		<category><![CDATA[INFY]]></category>
		<category><![CDATA[Wipro Limited]]></category>
		<category><![CDATA[WIT]]></category>

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		<description><![CDATA[Early in the day, Cognizant Technology Solutions Corporation (CTSH) reported revenues of $853.5 million in the third quarter of 2009, up 16% from a year ago and up 10% sequentially. Management stated that the company experienced strong organic growth across all industry sectors, geographies and service lines in the reported quarter. Operating margin came in at 20.2%, in line with the company’s targeted range of 19% – 20% but slightly down from 20.8% in the previous quarter. Earnings per share (EPS) came in at 48 cents, easily beating the Zacks Consensus Estimate of 41 cents. The balance sheet looks healthy as ever. Cognizant exited the quarter with $1.1 billion in cash and equivalents, up from $983.2 million at the end of the previous quarter. Yesterday, rival Wipro Limited (WIT) also ]]></description>
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		<title>(WIT) Wipro Limited Beats Estimates</title>
		<link>http://www.stockbloghub.com/2009/11/02/wit-wipro-limited-beats-estimates/19472</link>
		<comments>http://www.stockbloghub.com/2009/11/02/wit-wipro-limited-beats-estimates/19472#comments</comments>
		<pubDate>Tue, 03 Nov 2009 04:41:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Software & Services]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Cognizant Technology Solutions Corporation]]></category>
		<category><![CDATA[CTSH]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[Infosys Technologies Limited]]></category>
		<category><![CDATA[INFY]]></category>
		<category><![CDATA[Wipro Limited]]></category>
		<category><![CDATA[WIT]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=19472</guid>
		<description><![CDATA[Wipro Limited (WIT) announced second quarter of fiscal year 2010 results. Total revenue for quarter ended Sep 30, 2009, was Rs 69.18 billion ($1.44 billion), representing an increase of 6% over the same period last year. Net income for the quarter ended Sep 30, 2009, was Rs 11.71 billion ($243 million), representing an increase of 21% from the same period last year. Earnings per share for the quarter ended Sep 30, 2009, were Rs 8.04 (17 cents), representing an increase of 20% over the same period last year. This exceeded the Zacks Consensus Estimate of 14 cents per share. IT Services business segment recorded revenue of Rs 49.98 billion ($1039 million) for the quarter ended Sep 30, 2009, representing an increase of 5% over the same period last year. EBIT for ]]></description>
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		<title>(CTSH) Cognizant Buys UBS&#8217; India Service Centre Private Limited</title>
		<link>http://www.stockbloghub.com/2009/10/17/ctsh-cognizant-buys-ubs-india-service-centre-private-limited/18060</link>
		<comments>http://www.stockbloghub.com/2009/10/17/ctsh-cognizant-buys-ubs-india-service-centre-private-limited/18060#comments</comments>
		<pubDate>Sat, 17 Oct 2009 21:19:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Software & Services]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[BPO]]></category>
		<category><![CDATA[Brookfield Properties Corporation]]></category>
		<category><![CDATA[Cognizant Technology Solutions Corporation]]></category>
		<category><![CDATA[CTSH]]></category>
		<category><![CDATA[Infosys Technologies Limited]]></category>
		<category><![CDATA[INFY]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>

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		<description><![CDATA[Cognizant (CTSH) recently announced a definitive agreement to acquire UBS India Service Centre Private Limited for about $75 million. Based in India, UBS ISC is a captive service provider to UBS AG (UBS) and currently employs 2,000 associates. Headquartered in Zurich and Basel, Switzerland, UBS AG is a global firm providing services to private, corporate and institutional clients. New Jersey-based Cognizant is a leading provider of consulting, technology and business process outsourcing (BPO) services. The transaction is expected to close by the end of 2009. As part of the transaction, UBS and Cognizant have entered into a multi-year service agreement under which Cognizant will provide a range of business process outsourcing (BPO), knowledge process outsourcing (KPO), IT, and remote infrastructure management services to UBS divisions around the globe. Cognizant aims ]]></description>
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		<title>(ACS) Affiliated Computer Services to Hire Personnel</title>
		<link>http://www.stockbloghub.com/2009/10/15/bpo-affiliated-computer-services-to-hire-personnel/17725</link>
		<comments>http://www.stockbloghub.com/2009/10/15/bpo-affiliated-computer-services-to-hire-personnel/17725#comments</comments>
		<pubDate>Thu, 15 Oct 2009 22:56:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Information Technology Services]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[ACS]]></category>
		<category><![CDATA[Affiliated Computer Services Inc]]></category>
		<category><![CDATA[Cognizant Technology Solutions Corporation]]></category>
		<category><![CDATA[Computer Sciences Corporation]]></category>
		<category><![CDATA[CSC]]></category>
		<category><![CDATA[CTSH]]></category>
		<category><![CDATA[Gartner Inc.]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[IT]]></category>
		<category><![CDATA[Xerox Corporation]]></category>
		<category><![CDATA[XRX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=17725</guid>
		<description><![CDATA[In order to boost growth in business process outsourcing [BPO] services, Affiliated Computer Services Inc. (ACS) plans to hire 120 employees at its Houston call center. The company also plans to hire approximately 150 people at its Raleigh call center in addition to the 465 additional positions announced in August. Based in Dallas, Affiliated Computer delivers comprehensive BPO and information technology (IT) outsourcing solutions as well as system integration services globally to commercial and government clients. The company’s growing BPO service contributed 84% of fourth quarter revenue, while IT outsourcing contributed 16% of new business signings. Affiliated Computer continues to bank on areas such as ITO, transportation solutions, transactional BPO and government health care, with modest growth in human resources point solutions, state and local government. Moreover, demand for outsourcing ]]></description>
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		<title>(CTSH) Cognizant Technology Solutions &#8211; Estimates Still Climbing</title>
		<link>http://www.stockbloghub.com/2009/10/03/ctsh-cognizant-technology-solutions-estimates-still-climbing/16513</link>
		<comments>http://www.stockbloghub.com/2009/10/03/ctsh-cognizant-technology-solutions-estimates-still-climbing/16513#comments</comments>
		<pubDate>Sat, 03 Oct 2009 21:55:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Software & Services]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Cognizant Technology Solutions Corporation]]></category>
		<category><![CDATA[CTSH]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=16513</guid>
		<description><![CDATA[Cognizant Tech&#8217;s (CTSH) estimates continue to climb, well after its latest earnings surprise. Company Description Cognizant provides software development and maintenance for companies transitioning into e-business. The company utilizes both on-site consultants and outsourced project members. On Aug 4 Cognizant reported second-quarter results that included a 13% revenue growth. The company brought in $777 million. Coupled with an operating margin of 20.8%, above the company&#8217;s target, Cognizant earned just over $141 million. Earnings were 36% higher, year-over-year, and yielded EPS of 47 cents. This was 12 cents higher than last year and beat the Zacks consensus estimate by a dime. The company has beaten estimates in 3 of the past 4 quarters. Estimates Still Climbing In the past month estimates saw 3 and 4 upward revisions for this year and ]]></description>
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