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Tag Archives: Infosys Technologies

Overnight Market News – July 13, 2010

14-Jul-10

Alcoa Inc Swings to Profit in Second Quarter With Net Earnings of USD 136mm, Compared With a Loss of USD 454mm a Year Ago as Sales Surged 18% BP Plc Successfully Installs New Sealing Cap on its Leaking Gulf of Mexico Oil Well, to Begin Pressure Tests Today Moody’s Investor Service Lowers Portugal’s Debt Rating [...]

Infosys Technologies Ltd. Exceeds Expectations

11-Jul-09

Infosys Technologies Ltd., India’s second largest software exporter, surprised analysts yesterday with a better-than-expected 17% rise in profits for its fiscal first quarter (Q01 2009/2010). Net income increased to US$314M, up from US$266.7M in the previous quarter and ahead of forecasts of US$285.3M. Infosys stated that it was able to increase its bottom line through [...]

Overnight Market News – July 10, 2009

10-Jul-09

General Motors Corp to Complete Sale of Assets Today, Exit Bankruptcy Protection After Only 40 Days China’s Exports Fall for Eighth Consecutive Month, Slumping 21.4% in June Year-Over-Year (yoy) on Continuing Weak Global Demand Japanese Wholesale Prices Tumble 6.6% in June (yoy), Deflation Deepens Infosys Technologies Ltd Exceeds Expectations with 17% Jump in Fiscal First [...]