International Business Machines Corp. (NYSE:IBM) will stop buying and reselling storage technology from NetApp Inc. (NTAP) as part of a plan to move customers to its own products. International Business Machines Corp. (NYSE:IBM) net profit margin is 19.10% and weekly performance is -0.60%. On last trading day company shares ended up $185.94. Analysts mean target price for the company is $194.48. International Business Machines Corp. (NYSE:IBM) distance from 50-day simple moving average (SMA50) is -2.13%.
Infosys Ltd ADR (NYSE:INFY) a global leader in technology, consulting and outsourcing solutions, has been recognized as a winner in the 2014 Simulating Reality contest. The contest is organized by MSC Software, a worldwide leader of multidisciplinary simulation solutions. The winning team from Infosys used MSC’s simulation technologies to better diagnose osteoporosis and accurately quantify fracture risk. Infosys Ltd ADR (NYSE:INFY) shares advanced 0.08% in last trading session and ended the day on $52.65. INFY gross Margin is 35.80% and its return on assets is 20.10%. Infosys Ltd ADR (NYSE:INFY) quarterly performance is -13.76%.
EXCO Resources (NYSE:XCO) announced a quarterly dividend on Thursday, May 22nd, American Banking News reports. Shareholders of record on Monday, June 2nd will be paid a dividend of 0.05 per share on Monday, June 16th. This represents a $0.20 annualized dividend and a dividend yield of 3.89%. The ex-dividend date is Thursday, May 29th.EXCO Resources Inc. (NYSE:XCO) shares moved down -0.97% in last trading session and was closed at $5.09, while trading in range of $5.05 – $5.18. EXCO Resources Inc. (NYSE:XCO) year to date (YTD) performance is -3.23%.
Wipro Limited (NYSE:WIT) was upgraded by stock analysts at Barclays from an “underweight” rating to an “equal weight” rating in a report issued on Friday. Wipro Limited (ADR) (NYSE:WIT) ended the last trading day at $11.49. Company weekly volatility is calculated as 1.75% and price to cash ratio as 6.31.Wipro Limited (ADR) (NYSE:WIT) showed a negative weekly performance of -0.95%.
Compuware Corp. (NASDAQ:CPWR) announced its earnings results on 22 may. The company reported $0.10 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.08 by $0.02, AnalystRatings.Net reports. The company had revenue of $183.40 million for the quarter, compared to the consensus estimate of $211.23 million. During the same quarter in the prior year, the company posted ($0.30) earnings per share. The company’s quarterly revenue was down .5% on a year-over-year basis. Compuware Corp. updated its FY15 guidance to $0.41-0.45 EPS. Compuware Corporation (NASDAQ:CPWR) net profit margin is -1.30% and weekly performance is -4.15%. On last trading day company shares ended up $9.92. Analysts mean target price for the company is $12.33. Compuware Corporation (NASDAQ:CPWR) distance from 50-day simple moving average (SMA50) is -4.18%.