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Infosys revenue and profit rise ahead of CEO change

2014-07-11 13:49:34| InfoWorld: Top News

Indian outsourcer Infosys said its revenue and profit grew in the second quarter as the company won some large deals in the period. Infosys said its revenue for the quarter grew 7 percent year on year, to $2.13 billion. Net profit grew 15 percent to $482 million, according to International Financial Reporting Standards (IFRS).

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Infosys sees quarterly profits rise

2014-07-11 11:14:29| BBC News | Business | UK Edition

Infosys, India's second-largest IT services firm, reports a 21% increase in quarterly profit and maintains its revenue growth forecast.

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What the rise of ISIS means for other ISISes

2014-07-10 13:15:45| IT Services - Topix.net

The extremist militants who have flocked under the banner of the "Islamic State" in Iraq and Syria have, according to reports, executed enemies and apostates, looted banks and Iraqi government arsenals and set about instituting an anachronistic, violently intolerant caliphate in the territories they have seized.

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The close: Stocks rise as Fed signals no rush to hike rates

2014-07-10 13:10:48| Biotech - Topix.net

North American markets rallied as minutes from the latest meeting of the Federal Reserve indicated that the U.S. central bank plans to end its massive bond buyback program in October and is in no hurry to raise interest rates.

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Ford Says on Track for 2015 Europe Profit as Sales Rise

2014-07-10 05:34:47| Auto Dealers - Topix.net

Ford Motor Co., targeting an end to losses in Europe, maintained its forecast to return to profitability in the region by 2015, as it reported auto sales for the first six months that outpaced the broader industry.

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