|Bid||10.06 x 3100|
|Ask||0.00 x 4000|
|Day's Range||10.07 - 10.23|
|52 Week Range||6.76 - 12.08|
|Beta (5Y Monthly)||0.31|
|PE Ratio (TTM)||18.48|
|Forward Dividend & Yield||0.25 (2.50%)|
|Ex-Dividend Date||May 29, 2020|
|1y Target Est||N/A|
Amazon launched a $2 billion venture capital fund Tuesday to invest in technologies and services aimed at reducing greenhouse gas emissions. Speaking to Yahoo Finance, Amazon’s Head of Worldwide Sustainability Kara Hurst said the move was yet another step to use the e-commerce giant’s 'scale for good' as it sets aggressive targets to become carbon neutral by 2040.
Hewlett Packard (HPE) brings five new solutions to mitigate the spread of the virus in the workplace as people slowly resume working from offices.
Infosys (INFY) comes up with new cloud and edge-based solutions -- Return to Workplace -- to help organizations ensure the safety and wellness of their staff as they return to offices steadily.
Top technology services firms are offering payment deferrals, discounts of up to 20% and other sweeteners to some U.S. banks to keep their business as the pandemic forces Wall Street to cut tech budgets, according to executives involved in the talks. Large Wall Street banks are widely expected to reduce overall budgets and discretionary tech spending, which includes areas such as technology consulting services, business analytics, research and design and process management projects. Accenture, Tata Consultancy Services, Infosys and Cognizant Technology Solutions - among the world's largest tech services vendors - have offered to do more for them at lower rates, three executives who have taken part in the discussions told Reuters.
Infosys is a huge consulting organization based in India, which works with clients as they implement complex software integrations. Today, the company announced it was buying Simplus, a Salesforce integration consultant, for $250 million. It brings a wide range of Salesforce consulting, training and integration services along with general Salesforce expertise, which Infosys hopes to put to work.
The Zacks Analyst Blog Highlights: Booking, Allergan, Honda Motor, Infosys and Activision Blizzard
Indian IT services major Infosys Ltd <INFY.NS> said on Monday it had not yet received any evidence to support the allegations in a whistleblower letter from last month, sending its shares up as much as 6.5% in early trading. A letter, claimed to have been written by some employees of the company in October, said Chief Executive Officer Salil Parekh asked them and others to bypass approvals for large deals, fearing a negative impact on shares from reduced profit. Infosys shares have lost 10% of their value since the letter surfaced.
Infosys Ltd <INFY.NS> <INFY.N> on Thursday said the U.S. Securities and Exchange Commission (SEC) has launched a probe into whistleblower claims that the Indian software services firm used 'unethical practices' to boost revenue and profit. The company said India's market regulator, the Securities and Exchange Board of India, has also asked it to submit information concerning the complaints. Infosys, India's second-biggest IT services firm by revenue after Tata Consultancy Services Ltd <TCS.NS>, on Tuesday said it was investigating claims including that Chief Executive Officer Salil Parekh bypassed reviews and approvals for large deals fearing the negative impact of reduced profit on Infosys' share price.
Amazon Does Booze Amazon (NASDAQ:AMZN) has started distilling its own gin. It’s called Tovess. You can get it for $32 on…well, Amazon, but it’ll only be delivered to you if you can prove your age. It’s made in Birmingham, in the United Kingdom. According to Amazon, it’s both a summer drink and it’s also for […]The post Market Morning: Amazon Gin, Infosys Smashed, SoftBank Buys WeWork, Brexit Bill Constipated appeared first on Market Exclusive.
NEW DELHI/BENGALURU (Reuters) - India's No.2 software services exporter, Infosys Ltd <INFY.NS>, is probing whistleblower complaints that its top two executives engaged in "unethical practices" to boost short-term revenue and profit, sending its shares down 16% on Tuesday. Chief Executive Salil Parekh, who took charge in 2018, has bypassed reviews and approvals for large deals for fear of reduced profits having a negative impact on its shares, the letter signed by "ethical employees" said. "Several billion dollar deals of last few quarters have nil margin," said the Sept. 20 letter, a copy of which was reviewed by Reuters, which implies the company did not actually profit from the deals.
Infosys (INFY) shares have fallen 14% today. The pullback means that the company has risen 3.8% year-to-date. The stock has traded flat in the last 12 months.
In an attempt to accelerate its digital transformation journey of enterprises, Infosys (INFY) collaborates with SAP to build a joint go-to-market engagement model.
Micron's (MU) fourth-quarter fiscal 2019 earnings are likely to gain from improved DRAM demand and growth in managed NAND products. However, flat NAND bit demand amid US-China trade tussle is a woe.