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Cognizant Technology Solutions

S&P Stocks Hitting New Highs

More than 10% of all S&P 500 stocks hit all-time highs today after the Fed announced its decision to slow its monthly bond purchases.At the close of trading today, 50 stocks in the S&P 500 (INDEXSP:GSPC) - more than 10% of the benchmark index - finished at all-time highs.  Consumer stocks, financial, and industrial names accounted for the bulk of today's new highs.  Clearly investors are psyched about a modest taper beginning next month and an indefinite period of zero-percent interest rate policy:S&P 500 Record HighsTickerSecurityLastChange%Chg(NYSE:TIF)Tiffany & Co.91.471.151.27%(NASDAQ:AMZN)Amazon.com, Inc.395.968.312.14%(NYSE:VFC)V.F. Corporation239.344.271.82%(NASDAQ:NFLX)Netflix, Inc.376.001.130.30%(NYSE:DIS)The Walt Disney Company72.201.542.18%(NYSE:WHR)Whirlpool Corporation156.154.623.05%(NASDAQ:WYNN)Wynn Resorts, Limited186.714.232.32%(NYSE:BWA)BorgWarner Inc.55.860.470.85%(NYSE:KMX)CarMax, Inc.52.520.771.49%(NASDAQ:CMCSA)Comcast Corporation Class A50.271.222.49%(NYSE:SNI)Scri...

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  1. MARKET SNAPSHOT: U.S. Stocks Drop As Fed 'exit' Plans Are Weighed

    U.S. stocks dropped on Monday in choppy trading as investors mulled when the Federal Reserve may begin to scale back its $85-billion-a-month bond-buying program.Stoc...

  2. MARKET SNAPSHOT: U.S. Stocks Rise As Fed 'exit' Plans Are Weighed

    U.S. stocks turned broadly higher on Monday as an earlier selloff, sparked by talk about when the Federal Reserve may begin to scale back its $85-billion-a-month bon...

  3. MARKET SNAPSHOT: U.S. Stocks Drop As Fed Exit Plans Mulled

    U.S. stocks dropped on Monday, retreating from record highs, as investors mulled when the Federal Reserve may begin to scale back its $85-billion-a-month bond-buying...

  4. Cognizant's 1st-Quarter Net Up 17% on Strong Revenue, Increases Buybacks

    Cognizant Technology Solutions Corp.'s (CTSH) first-quarter earnings rose 17% amid a double-digit percentage jump in revenue, whileResults beat the company's expecta...

  5. Buyout Firms Not Easing Follow-On Offerings

    Big-name buyout firms have been unloading a record amount of shares in companies they've taken public and show no sign of letting up.Bain Capital, KKR & Co. L.P. (KK...

  6. Tata Consultancy to Buy French IT Firm Alti for EUR75 Million

    India's Tata Consultancy Services Ltd. (532540.BY) Tuesday said it will buy all of the shares of French technology services firm Alti SA for 75 million euros ($98 mi...

  7. Insight: Payments for mom-and-pop stock orders reveal conflicts

    U.S. market makers are increasingly paying discount brokers for trading business, raising questions about whether mom-and-pop investors get the best possible prices ...

  8. Judge Dismisses Most Claims in Libor Suit

    A judge on Friday dismissed a "substantial portion" of claims facing a number of banks in a barrage of lawsuits accusing them of interest-rate rigging.U.S. District ...

  9. Cognizant's 4th-Quarter Net Jumps 16% on Double-Digit Revenue Growth

    Cognizant Technology Solutions Corp.'s (CTSH) fourth-quarter earnings jumped 16% amid a double-digit rise in revenue that helped results beat the company's expectati...

  10. Companies with the Least Valuable Employees

    Worker productivity is among the most critical measurements used when evaluating businesses and national economies. One way to measure productivity is sales per empl...

  11. U.S. Companies Hiring the World's Geniuses

    The story of American business has been about shipping the country's manufacturing jobs overseas. However, there is another part of the story. Every year, American c...

  12. Cognizant to Continue Aggressive Currency Hedging Despite Rupee Fall

    Cognizant Technology Solutions Corp. (CTSH) is sticking to its strategy of hedging its exposure to the Indian rupee aggressively, a senior company executive said.Thi...

  1. Cognizant to hire 10,000 in US in next 3 years

    Cognizant Technology Solutions Corp will hire at least 10,000 people in the United States over the next three years, the IT services firm's president, Gordon Coburn,...

  2. 22 S&P 500 Components Log All-Time Highs

    With the S&P 500 hitting a new all-time high today, here's a look at some of the component stocks that are leading the way into record territory.22 stocks in the ben...

  3. Cognizant beats estimates as demand for outsourcing grows

    IT services firm Cognizant Technology Solutions Corp reported a better-than-expected 22 percent rise in quarterly revenue as businesses, especially financial firms a...

  4. Cognizant profit rises as customers spend on IT, consulting

    Cognizant Technology Solutions Corp reported a 15 percent rise in quarterly profit as businesses, especially financial firms, spent more on IT and consulting service...

  5. Accenture Reports Lower Than Expected 3Q Revenue

    Outsourcing and consulting services provider Accenture Plc (NYSE:ACN) reported lower-than-expected quarterly revenue as consulting income dropped 2 percent.Shares of...

  6. Your Office in a Bag

    If you’re on the road more than you’re not, a few extra tools can make your work life easier and more productive without weighing you down.

  7. MARKET SNAPSHOT: Stocks Fluctuate As Fed 'exit' Plans Are Weighed

    U.S. stocks swung between small gains and losses on Monday in choppy trading as investors mulled when the Federal Reserve may begin to scale back its $85-billion-a-m...

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