For Immediate Release

Chicago, IL – October 19, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Cognizant (CTSH), UBS AG (UBS), Infosys Technologies Ltd (INFY), Repsol YPF S.A. (REP) and Eni S.p.A. (E).

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Here are highlights from Friday’s AnalystBlog:

Cognizant Buys UBS ISC

Cognizant (CTSH) recently announced a definitive agreement to acquire UBS India Service Centre Private Limited for about $75 million. Based in India, UBS ISC is a captive service provider to UBS AG (UBS) and currently employs 2,000 associates.

Headquartered in Zurich

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Cognizant (CTSH) recently announced a definitive agreement to acquire UBS India Service Centre Private Limited for about $75 million. Based in India, UBS ISC is a captive service provider to UBS AG (UBS) and currently employs 2,000 associates. Headquartered in Zurich and Basel, Switzerland, UBS AG is a global firm providing services to private, corporate and institutional clients. New Jersey-based Cognizant is a leading provider of consulting, technology and business process outsourcing (BPO) services. The transaction is expected to close by the end of 2009. As part of the transaction, UBS and Cognizant have entered into a multi-year service agreement under which Cognizant will provide a range of business process outsourcing (BPO), knowledge process outsourcing (KPO), IT, and remote infrastructure management services to UBS divisions around the globe. Cognizant aims to help these divisions to reduce time-to-market, expand service delivery, and improve productivity, operational efficiency ...

DrStockPick.com Stock Report!

Monday August 17, 2009

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Linktone Ltd. (Nasdaq: LTON), one of the leading providers of wireless interactive entertainment services to consumers in China, today announced that it will report financial results for the second quarter ended June 30, 2009, after the U.S. equities markets close on Tuesday, August 25, 2009.

China-Biotics, Inc. (Nasdaq: CHBT), a leading Chinese firm specializing in the manufacture, research, development, marketing and distribution of probiotics products, today announced its financial results for the first quarter of its 2010 fiscal year, ended June 30, 2009.

Cognizant (Nasdaq: CTSH), a leading provider of consulting, technology, and business process outsourcing (BPO) services, has

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Cognizant Technology Solutions Corp. (CTSH) yesterday reported revenue of $776.6 million, up 13% year over year and up 4% sequentially, beating management’s guidance of $760 million. Financial services, which accounts for 43% of total revenues, displayed signs of stability.

Headquartered in Teaneck, New Jersey, Cognizant is a leading provider of information technology, consulting and business process outsourcing services for Fortune 1000 customers.

GAAP operating margin came in at 19.5% compared to 17.5% in the year-ago quarter. Excluding stock based compensation expense of $8.4 million and stock-based Indian fringe benefit tax expense of $1.3 million, non-GAAP operating margin was 20.8%, above the company's targeted range of 19% -20%.

GAAP EPS came in at $0.47 compared to $0.35 in the previous quarter. Non-GAAP EPS (excluding stock based compensation and stock-based Indian fringe benefit tax expense) came in at $0.50 easily beating the Zacks consensus of $0.37.

Based on a strong

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Stocks of companies in the IT Services/BPO Sector have performed impressively along with the broader market averages during the current June quarter after being beaten down since the housing-market-driven overall market collapse in September of 2008. The Business Process Outsourcing (BPO) companies were all under significant pressure even before the economic malaise with a slowdown in its growth trajectory.

In other words, the BPO companies were all trading with an early 2009 growth/recovery story in mind. However that thesis has seen some re-evaluation, given that overall recovery prospects have been pushed towards the latter half of 2009 or early-2010.

Shares of nearly all of the companies in the group got a boost immediately following the election results in India on May 17th. Shares of Patni Computers (

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Stocks of companies in the IT Services/BPO Sector have performed impressively along with the broader market averages during the current June quarter after being beaten down since the housing-market-driven overall market collapse in September of 2008. The Business Process Outsourcing (BPO) companies were all under significant pressure even before the economic malaise with a slowdown in its growth trajectory.

In other words, the BPO companies were all trading with an early 2009 growth/recovery story in mind. However that thesis has seen some re-evaluation, given that overall recovery prospects have been pushed towards the latter half of 2009 or early-2010.

Shares of nearly all of the companies in the group got a boost immediately following the election results in India on May 17th. Shares of Patni Computers (

...

For Immediate Release

Chicago, IL - April 14, 2009 - Zacks.com announces the latest Industry Outlook. Today's outlook from Zacks Equity Research analyst Abdul Saleh discusses the Business Process Outsourcing sector. Highlighted stocks include: Cognizant Tech (CTSH), Genpact (G), Infosys (INFY) and Wipro (WIT).

Here is the latest on the Business Process Outsourcing (BPO) sector:

Among the major players in the IT Services sector, the percentage of total revenues derived from the financial services vertical is split between Cognizant Tech (CTSH) and Genpact (G) at roughly 45%, 43% for Tata Consultancy Services (TCS), 35% for Infosys (INFY) and approx. 25% for Wipro (WIT).

Given that a major portion of this exposure (more for the application outsourcing firms and less for the BPO firms) can potentially come from discretionary software development and other projects, the concerns raised about the

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The current global economic and market downturn has taken its toll on the IT Services group as a whole. The Business Process Outsourcing (BPO) companies were all under significant pressure even before the economic malaise, with a slowdown in its growth trajectory.

In other words, the BPO companies were all trading with an early 2009 growth/recovery story in mind. However, this thesis is now undergoing some re-evaluation, given that overall recovery prospects are being pushed towards the latter half of 2009 or early-2010.

The current financial market fallout adds further uncertainty to their growth picture, with roughly 50% of market cap already shaved off for the BPO companies since the fallout -- relative to its 52-week high, Cognizant Tech (

...

The current global economic and market downturn has taken its toll on the IT Services group as a whole. The Business Process Outsourcing (BPO) companies were all under significant pressure even before the economic malaise, with a slowdown in its growth trajectory.

In other words, the BPO companies were all trading with an early 2009 growth/recovery story in mind. However, this thesis is now undergoing some re-evaluation, given that overall recovery prospects are being pushed towards the latter half of 2009 or early-2010.

The current financial market fallout adds further uncertainty to their growth picture, with roughly 50% of market cap already shaved off for the BPO companies since the fallout -- relative to its 52-week high, Cognizant Tech (

...

The current global economic and market downturn has taken its toll on the IT Services group as a whole. The Business Process Outsourcing (BPO) companies were all under significant pressure even before the economic malaise, with a slowdown in its growth trajectory.In other words, the BPO companies were all trading with an early 2009 growth/recovery story in mind. However, this thesis is now undergoing some re-evaluation, given that overall recovery prospects are being pushed towards the latter half of 2009 or early-2010.The current financial market fallout adds further uncertainty to their growth picture, with roughly 50% of market cap already shaved off for the BPO companies since the fallout -- relative to its 52-week high, Cognizant Tech (CTSH, Hold) is down approx. 38%, Infosys (INFY, Hold) down 41.1% and Wipro (WIT, Hold) is down 38.8%.There's no mistaking that the global ...