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iGATE Corporation (IGTE)

- NASDAQ
  • Oct. 10, 2013, 12:05 AM
  • Oct. 9, 2013, 5:30 PM
  • Oct. 4, 2013, 9:52 AM
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    • OpenTable (OPEN +1.6%) has been upgraded to Overweight by Piper.
    • Portugal Telecom (PT) has been upgraded to Buy by Berenberg a day after getting cut to Neutral by Citi, and two days after announcing plans to merge with Oibr.
    • iGate (IGTE -3.1%) has been cut to Neutral by Nomura.
    • Acxiom (ACXM -1.1%) has been cut to Underperform by BMO.
    • Align Technology (ALGN -3.4%) has been cut to Neutral by Baird.
    • NXP (NXPI +0.7%) has been started at Outperform by Pac Crest.
    • Sensata (ST +0.9%) has been started at Outperform by Wells Fargo.
    • RingCentral (RNG +0.2%), which went public just a week ago, has been started at Outperform by Northland.
    | 1 Comment
  • Sep. 11, 2013, 9:36 AM
    • RF Micro (RFMD +0.4%) has been received a two-notch upgrade of sorts from Raymond James, getting lifted to Strong Buy from Market Perform. Rival Skyworks (SWKS -0.9%) has been upgraded to Strong Buy from Outperform.
    • Nokia (NOK +3%) has been upgraded to Outperform by RBC, and has received a two-notch upgrade to Buy by Berenberg. The company has already received a slew of upgrades since the Microsoft deal was announced.
    • Himax (HIMX +4%) has been started at Outperform by Northland.
    • QLogic (QLGC +1.2%) has been started at Overweight by Barclays. Rival Emulex has been started at Equal Weight.
    • Take-Two (TTWO -2.8%) has been downgraded to Sector Perform by Pac Crest.
    • iGate (IGTE +6.5%) has been upgraded to Buy by Janney.
    • Computer Sciences (CSC +1.3%) has been started at Positive by Susquehanna.
    | 2 Comments
  • Sep. 11, 2013, 8:23 AM
    • Janney Montgomery Scott upgrades iGate (IGTE) to Buy from Neutral with a PT of $30.
    | Comment!
  • Aug. 28, 2013, 11:35 AM
    • Shares of iGATE (IGTE +7.8%) are rising after Sidoti upgrades shares to Buy from Neutral and hikes its PT to $28 from $22.
    • Also in the mix - speculation is brewing that Infosys's recently-resigned Americas head Ashok Vemuri may be gunning for the CEO job at iGATE. iGATE fired CEO Phaneesh Murthy back in May.
    | Comment!
  • Jul. 17, 2013, 7:22 AM
    iGATE (IGTE): Q2 EPS of $0.44 beats by $0.10. Revenue of $283.3M (+6% Y/Y) beats by $4.02M. (PR)
    | Comment!
  • Jul. 17, 2013, 12:05 AM
    Notable earnings before Wednesday’s open: ABT, ASML, BAC, BK, FCFS, FRC, GWW, IGTE, MAT, MTB , NTRS, NVS, PNC, STJ, TXT, USB
    | Comment!
  • Jul. 16, 2013, 5:30 PM
    Notable earnings before Wednesday’s open: ABT, ASML, BAC, BK, FCFS, FRC, GWW, IGTE, MAT, MTB , NTRS, NVS, PNC, STJ, TXT, USB
    | 2 Comments
  • May. 22, 2013, 9:18 AM
    All bets may not be off regarding iGate (IGTE) after the company dismissed CEO Phaneesh Murthy this week, but Oppenheimer's are, at least in terms of predicting a price. Analyst Glenn Greene removes his $22 target and downgrades the shares to Perform from Outperform, saying "Mr. Murthy was instrumental in IGTE's growth strategy and we suspect key customer relationships. He will not easily be replaced."
    | Comment!
  • May. 21, 2013, 12:47 PM
    Midday top 10 gainers: SDBT +75%. LEDS +26%. PTIX +25%. FXEN +25%. BDL +23%. YGE +20%. SCOK +18%. PEIX +18%. JRCC +15%. CCIH +14%.
    Midday top 10 Losers: IEC -21%. BVX -15%. EFUT -15%. HGG -13%. UNXL -11%. SCTY -10%. BORN -10%. RSOL -9%. HNP -9%. IGTE -9%.
    | Comment!
  • May. 21, 2013, 10:39 AM
    iGate (IGTE -11.1%) tumbles after "terminating the employment" of CEO Phaneesh Murthy. The company says Murthy's failure to report a relationship with a  "subordinate employee" constituted a violation of both company policy and the CEO's employment contract. (PR)
    | Comment!
  • Apr. 12, 2013, 8:12 AM
    Tech outsourcing stocks are on watch after a stark revenue warning from Infosys rattles the sector. Cognizant Technology Solutions (CTSH) is down 4.8% premarket, while iGATE (IGTE) and Syntel (SYNT) haven't opened up yet for trading.
    | Comment!
  • Apr. 11, 2013, 7:08 AM
    iGATE (IGTE): Q1 EPS of $0.51 beats by $0.09. Revenue of $274.9M (+4% Y/Y) beats by $3.05M. (PR)
    | Comment!
  • Jan. 17, 2013, 7:31 AM
    iGATE (IGTE): Q4 EPS of $0.47 beats by $0.07. Revenue of $271.6M (+1.5% Y/Y) misses by $0.54M. (PR)
    | Comment!
  • Oct. 12, 2012, 6:49 AM
    iGATE (IGTE): Q3 EPS of $0.46 beats by $0.09. Revenue of $271.1M (+2% Y/Y) misses by $6M. (PR)
    | Comment!
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Company Description
iGate Corp is a provider of technology and operations-based information technology solutions. It provides its services to domains and industries including healthcare, lifesciences, insurance, manufacturing, banking, financial services, and among others.