• First Solar (NASDAQ:FSLR) will be added to the S&P500 to replace Wyeth (NYSE:WYE). • Bernstein initiated coverage of Bank of America (NYSE:BAC) at "outperform" with a $25 price target. • Nokia (NYSE:NOK) was downgraded at Piper Jaffray (NYSE:PJC) with a price target lowered to $14 from $16. • Costco (NASDAQ:COST) received an upgrade at Baird with a price target of $65. • Accenture (NYSE:ACN) issued downside first quarter revenue guidance of $5.3- $5.5 billion, off estimates of $5.54 billion. The firm expects fiscal 2010 revenues of between a 3% drop and 1% growth versus estimates for growth of 2% to $21.99 billion. The company forecast full-year earnings of $2.64 to $2.72 a share, off estimates of $2.77. The firm also upped buyback program by $4 billion and hiked the dividend 50% to 75 cents.Zacks Investment Research

Ness Technologies (NSTC) is a global provider of IT services. The company recently announced a multi-million dollar contract win from Latin American government. Under this contract, Ness will provide Control command and Control system to the Latin American Government.

Although this contract is expected to positively influence the revenue stream of the company going forward, but there is no clear indication about the commencement of cash flow from it. We do not expect this contract win to provide immediate support to the company's downward moving revenue flow.

This apart, Ness faces intense competition from many established firms such as Accenture (ACN), IBM (IBM), Hewlett Packard (HPQ), Wipro (WIT), Cognizant Technology (CTSH), Computer Sciences Corp. (CSC), HCL, Electronic Data Systems, GlobalLogic, Virtusa (VRTU), Persistent and Symphony Services, which is making it tough for the company to gain additional market share. The

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NEW YORK -- March 23 2009 -- Accenture (NYSE: ACN) has formed the Accenture Intelligent City Network, bringing together utilities and city authorities around the world who are committed to deploying smart electric grids - power systems that combine traditional and new technology to manage the flow of energy more effectively and efficiently than previously possible.