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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-month bond-buying program."The market is pricing in a diverse set of information," said Stephen Wood, chief market strategist for Russell Investments.The Dow Jones Industrial Average (DJI) declined 19.93 points, or 0.1%, to 15,097.26, with 13 of its 30 components in positive terrain.Alcoa Inc. (AA) was the biggest decliner in the Dow, falling 2%.The S&P 500 index (SPX) rose less than 1 point to 1,634.58, with consumer staples, health care and financials posting the best performances of 10 major industry groups. Materials was the worst performing sector on the S&P 500.The Nasdaq Composite Index (RIXF) fell marginally to 3,440.14.Better-than-expected data released Monday on retail sales, which rose a seasonally adjusted 0.1% in April, had provided some support. Economists polled by MarketWatch forecast a 0.6% decline in retail...

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  1. 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 ...

  2. 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...

  3. 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...

  4. 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...

  5. 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...

  6. American Intl Group, Best Buy Included in Stocks Up on High Volume Monday

    There are a few stocks that are up on high volume today:Trading with a volume of 28.3 million, or 2.8 times its average daily volume, American Intl Group (NYSE:AIG) ...

  7. Cognizant Posts Revenue of $1.8B, Raises Full-Year Profit Forecast

    Cognizant Technology Solutions Corp (NASDAQ:CTSH) reported a better-than-expected quarterly profit on increased demand for its outsourcing services, and the informat...

  8. Cognizant Technology, Sohu.com Among Stocks Gapping Up Monday

    These stocks gapped up today and had open prices sharply higher than the previous trading day's close:Cognizant Technology (NASDAQ:CTSH) closed the previous trading ...

  9. Cognizant 2nd-Quarter Net Up 21% on Sales Growth Across Segments

    Cognizant Technology Solutions Corp.'s (CTSH) second-quarter profit rose 21% as revenue saw double-digit growth in all of its segments.Shares were trading 3.7% highe...

  10. Facebook Inc. - Class A, Procter & Gamble Among Stocks Up on High Volume Friday

    These are the stocks that are up on above-average volume today:Facebook Inc. - Class A (NASDAQ:FB) saw its price spike on above-average volume today, as 80 million s...

  11. TCS, Cognizant Looking to Buy Lodestone Management - Report

    India's Tata Consultancy Services Ltd. (532540.BY) and New Jersey-based Cognizant Technology Solutions Corp. (CTSH) are looking to buy Zurich-based consultancy firm ...

  12. Cognizant Technology, Arena Pharmaceuticals Included in Stocks Up on High Volume Tuesday

    A few stocks are up on high volume today:Cognizant Technology (NASDAQ:CTSH) is up on high volume today, trading with volume of 8.6 million, or 1.5 times its average ...

  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 ...

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