Cognizant Technology Solutions Corp (CTSH.OQ)
13 Dec 2017
* COGNIZANT LAUNCHES $300 MILLION ACCELERATED SHARE REPURCHASE
* Jana Partners LLC takes sole share stake of 227,730 shares in UnitedHealth Group Inc - SEC filing
IT services firm Cognizant on Wednesday failed to convincingly beat Wall Street's earnings and revenue forecasts for the third quarter, as growth in its financial business slowed.
* Q3 earnings per share view $0.95 -- Thomson Reuters I/B/E/S
Nov 1 IT services firm Cognizant on Wednesday reported a higher-than-expected profit for the third quarter, driven by demand for its digital and cloud services as well as higher spending from its healthcare and financial clients.
Nov 1 IT services firm Cognizant Technology Solutions Corp's revenue rose 9.1 percent in the third quarter on higher spending from its healthcare and financial clients.
* Cognizant to acquire Zone, a leading full-service digital agency
* Cognizant to acquire digital experience and marketing expert Netcentric
* SIGNS AGREEMENT WITH COGNIZANT TO COLLABORATE ON INFORMATION TECHNOLOGY AND BUSINESS PROCESS SERVICES
Cognizant Technology Solutions Corp raised the lower end of its 2017 revenue forecast, easing concerns of tighter spending from its healthcare clients amid uncertainty surrounding the U.S. healthcare policy.
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