|Bid||9.01 x 21500|
|Ask||9.05 x 4000|
|Day's range||8.98 - 9.07|
|52-week range||6.76 - 12.08|
|Beta (5Y monthly)||0.28|
|PE ratio (TTM)||16.54|
|Forward dividend & yield||0.22 (2.49%)|
|1y target est||9.61|
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.
NICE Actimize, a NICE (Nasdaq: NICE) business and a leader in Autonomous Financial Crime Management and Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting, together today announced the expansion in their strategic collaboration. This global partnership will allow Infosys to offer its best-in-class delivery capabilities and resell NICE Actimize’s end-to-end financial crime software solutions through either a cloud or on-premises environment to a growing customer base around the world.
Infosys' (INFY) fourth-quarter fiscal 2020 results benefit from strong demand for its cloud service, IoT, cyber security, SaaS, user experience, data and analytics.
Infosys suspended its full-year 2021 revenue forecast on Monday, joining its software outsourcing rivals in flagging a hit to its business as the coronavirus pandemic freezes client activity in the United States and Europe. Infosys, Wipro Ltd, and Tata Consultancy Services Ltd offer a range of software services to some of the biggest companies globally that have lost business and working days due to lockdowns and production cuts. "There will be some sort of recessionary environment," Infosys Chief Executive Officer Salil Parekh told reporters in a post-earnings web conference.
Infosys' (INFY) fourth-quarter fiscal 2020 results are likely to have benefited from ongoing digital transformations and large deal wins. However, elevated expenses are expected to have negatively impacted the company's bottom line.
India's second-biggest IT company, Infosys Ltd , said it found no evidence of financial misconduct by its executives following a investigation into whistleblower complaints. Bengaluru-headquartered Infosys, which earlier on Friday raised its revenue forecasts due to upbeat demand from Western clients, said an audit committee report exonerated Chief Executive Officer Salil Parekh and Chief Financial Officer Nilanjan Roy of all allegations, including accusations that the duo prevented employees from presenting data on large deals. "I'm very happy that CEO Salil Parekh and CFO Nilanjan Roy have emerged from this stronger," Infosys Chairman Nandan Nilekani told reporters.
NEW YORK, Dec. 23, 2019 -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Infosys Limited (NYSE: INFY) between July 7, 2018 and.
Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until December 23, 2019 to file lead plaintiff applications in a securities class action lawsuit against Infosys Limited (INFY), if they purchased the Company’s securities between July 7, 2018 and October 20, 2019, inclusive (the “Class Period”). This action is pending in the United States District Court for the Eastern District of New York. If you purchased securities of Infosys and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (email@example.com), or visit https://www.ksfcounsel.com/cases/nyse-infy/ to learn more.
Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Infosys Limited (“Infosys” or the “Company”) (INFY) and certain of its officers, on behalf of shareholders who purchased Infosys securities between July 7, 2018 and October 20, 2019 inclusive (the “Class Period”). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws.
SAN FRANCISCO, Dec. 19, 2019 -- Hagens Berman urges Infosys Limited (NYSE: INFY) investors who have suffered significant losses to submit a loss form now to learn if they.