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Zacks Analyst Blog Highlights: Ford Motor Company, Wipro Limited, General Electric Company, Cognizant Technology Solutions Corporation and Infosys Technologies Limited – Press Releases

Zacks Market Commentaries (November 3rd, 2009) Writes:

For Immediate Release

Chicago, IL – November 3, 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: Ford Motor Company (F), Wipro Limited (WIT), General Electric Company (GE), Cognizant Technology Solutions Corporation (CTSH) and Infosys Technologies Limited (INFY).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Monday’s AnalystBlog:

Ford Turns Impressive Profit

Ford Motor Company (F) returned to profitability in the third quarter of the year by posting a net income of $873 million or 26 cents per share, easily clearing the Zacks Consensus Estimate loss of 15 cents per share

...

Wipro Beats Estimates – Analyst Blog

Zacks Market Commentaries (November 2nd, 2009) Writes:
Wipro Limited (WIT) announced second quarter of fiscal year 2010 results. Total revenue for quarter ended Sep 30, 2009, was Rs 69.18 billion ($1.44 billion), representing an increase of 6% over the same period last year. Net income for the quarter ended Sep 30, 2009, was Rs 11.71 billion ($243 million), representing an increase of 21% from the same period last year. Earnings per share for the quarter ended Sep 30, 2009, were Rs 8.04 (17 cents), representing an increase of 20% over the same period last year. This exceeded the Zacks Consensus Estimate of 14 cents per share.  IT Services business segment recorded revenue of Rs 49.98 billion ($1039 million) for the quarter ended Sep 30, 2009, representing an increase of 5% over the same period last year. EBIT for this segment was Rs 11.80 billion ($245 million) for the quarter ended Sep 30, 2009, representing an ...

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