Seeking Alpha

Infosys (INFY -7.6%) isn't just seeing weak demand from Europe and the U.S., but also from...

Infosys (INFY -7.6%) isn't just seeing weak demand from Europe and the U.S., but also from China, says Americas chief Ashok Vemuri, who blames the Middle Kingdom's growth slowdown and leadership transition. IT services peers such as IBM, HPQ, WIT, CTSH, and ACN won't be happy to hear that. Also, during Infosys' FQ2 earnings call, CEO S.D. Shibulal admitted higher contracting costs have affected buying activity. (FQ2 results) (guidance) (HPQ on China)
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector