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Could Infosys Really Be Deeply Undervalued?Emerging Money • Wed, Apr 18, 2012
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18 Rallying Tech Stocks Hedge Funds Want MostKapitall • Tue, Jan 10, 2012
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Hedge Funds Are Buying These 20 BRIC StocksKapitall • Thu, Jan 5, 2012
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10 Undervalued, Profitable Stocks Pushing Past Market FearsFollow My Alpha • Wed, Nov 2, 2011
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Contrarian Investing: 2 Stocks to Buy in the Beat-Up Tech SectorKurtis Hemmerling • Mon, Mar 21, 2011
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Patni: Undervalued, But Not a Long Term Hold (Part 2)Rohit Chauhan • Mon, Jun 22, 2009
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Patni Computers: Undervalued, But Don't Hold This Company Long TermRohit Chauhan • Mon, Jun 22, 2009
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Patni Computer Systems Targets Private Equity ClientsLarry Dignan • Mon, May 21, 2007
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Patni Computer: Three Steps Forward, Two Steps Back (PTI)Himanshu Pandya • Wed, Jul 5, 2006
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India's Patni Computer Systems Plans Growth (PTI)Himanshu Pandya • Thu, Apr 6, 2006
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Could Infosys Really Be Deeply Undervalued?Emerging Money • Wed, Apr 18, 2012
-
18 Rallying Tech Stocks Hedge Funds Want MostKapitall • Tue, Jan 10, 2012
-
Hedge Funds Are Buying These 20 BRIC StocksKapitall • Thu, Jan 5, 2012
-
10 Undervalued, Profitable Stocks Pushing Past Market FearsFollow My Alpha • Wed, Nov 2, 2011
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Contrarian Investing: 2 Stocks to Buy in the Beat-Up Tech SectorKurtis Hemmerling • Mon, Mar 21, 2011
There are no Transcripts on PTI.
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at MarketWatch.com (Jun 5, 2011)
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at MarketWatch.com (Jan 19, 2011)
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at MarketWatch.com (Jan 10, 2011)
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at MarketWatch.com (Nov 30, 2010)
PTI vs. ETF Alternatives
Company Description
Currently, there's no company description for PTI.
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Tuesday, October 18, 2011, 12:23 PM India-based outsourcing firm Patni Computer Systems (PTI) jumps 15% after reporting better-than-expected Q3 results. Net profit fell 41%, but the decline was not as bad as analysts had feared. iGATE (IGTE +2.5%), which took control of Patni in a joint deal with private equity firm Apax Partners earlier this year, also trades higher on the news. Comment! [Global & FX, Tech, On the Move]
- Wednesday, February 9, 2011, 6:33 AM Patni Computer Systems (PTI): Q4 EPS of $0.49 beats by $0.12. Revenue of $183M (+7.5% Y/Y) beats by $1.3M. (PR) Comment! [Earnings, Tech]
- Wednesday, February 9, 2011, 12:05 AM Notable earnings before Wednesday's open: AGU, ANR, CSC, IR, JNY, KO, NOC, PTI, WYN Comment! [Earnings]
- Friday, January 28, 2011, 8:49 AM As a top player in India's hot outsourcing market, Infosys (INFY) wants to do some mergers and acquisitions, but will be selective, says CEO Kris Gopalakrishnan. "We look for good companies, we look for right fit, right price, we have certain strategies in place." Comment! [Tech]
- Wednesday, January 19, 2011, 9:57 AM iGate (IGTE +1%) reports FY 2010 net revenue of $280.6M, up 45%.3 from 2009, and annual earnings/share of $0.90, up from $0.51/share from the prior year. But CEO Phaneesh Murthy warns of a softening Q1 compared to last year's, as companies delay making IT investments. Rival Infosys (INFY +0.4%) expressed similar concerns. Comment! [Tech]
- Tuesday, January 11, 2011, 9:42 AM iGate's (IGTE -0.8%) $1.22B offer for a majority stake in its larger Indian competitor Patni Computer Systems (PTI -3.2%) is making some investors wary that iGate is in over its head. "It’s like a snake swallowing a buffalo, and it’s probably going to take quite some time to digest, probably months," says one analyst. Comment! [Tech]
- Tuesday, January 11, 2011, 8:04 AM iGate (IGTE) makes an open offer for 20.6% of Indian outsourcer Patni Computer Systems (PTI). On Monday, iGate, with support from private equity firm Apax Partners, bought a majority stake in Patni for $1.2B. Premarket, iGate -0.1%, Patni +0.2%. Comment! [Tech]
- Monday, January 10, 2011, 10:05 AM iGate's (IGTE +0.1%) offer of $11.08/share for a 63% stake in outsourcer Patni Computer Systems (PTI +1%) represents an 8.5% premium over Patni's closing price Monday on the Bombay Stock Exchange. With the deal, worth up to $1.2B, iGate expects to get a foothold in the growing Indian outsourcing market. Comment! [Tech]
- Monday, January 10, 2011, 7:58 AM iGate (IGTE) has reportedly reached a deal to take a 63% stake in India's Patni Computer Services (PTI +3.2%) for $862M, less than the $983M deal sources had previously said was being discussed. It would mark one of the largest deals in India's tech sector. Comment! [Tech]
- Tuesday, January 4, 2011, 7:30 AM iGate (IGTE) is still planning to move ahead with a $900M+ deal to buy a majority stake in India's Patni Computer Services (PTI), sources say. Yesterday's canceled press conference was because of last-minute tax issues that need to get ironed out. Comment! [Tech]
- Sunday, January 2, 2011, 2:45 PM iGate (IGTE) cancels the press conference scheduled for tomorrow, in which the company was expected to announce a $900M+ deal for a majority stake in India's Patni Computer Services (PTI). iGate has no comment, other than that "the significant corporate development that was set to be announced on Monday is off." Comment! [Tech]
- Friday, December 31, 2010, 2:10 PM Services provider iGate Corp. is -2.6% after reports it may invest $983M for a controlling stake in Indian software maker Patni Computer Systems (PTI). Since November, sources have claimed iGate has been exploring some sort of deal for the much larger Patni. Comment! [Tech]
- Tuesday, November 30, 2010, 1:35 PM iGate Corp. (IGTE) is -21% to $19.61 as sources say the California-based software services company wants to raise $700M to finance a joint bid for rival Patni Computer Systems (PTI), which is +0.1% to $20.58. The Patni family wants to sell its 46% stake, and iGate wants to expand its outsourcing capabilities. Comment! [Tech]
- Tuesday, November 23, 2010, 1:28 PM Sources claim that in two weeks, private equity firms Carlyle and Advent will make a $1B joint bid to buy a 63% stake in Indian software exporter Patni Computer Systems (PTI). Patni is +2.5% to $20.88. Comment! [Tech]
- Wednesday, October 27, 2010, 6:36 AM PATNI COMPUTER SYSTEMS (PTI): Q3 EPS of $0.22 misses by $0.16. Revenue of $179M (+6.9%) in-line. (PR) Comment!
- Wednesday, October 27, 2010, 12:05 AM Notable earnings before Wednesday's open: ACXM, ADP, ARLP, ARW, AUO, AVY, AYE, BWA, CFR, CMCSA, COP, CP, DPS, EAT, ELN, GD, HES, HL, IACI, IP, JNY, LAZ, LECO, LM, MWV, NICE, NOC, NYB, OC, ODFL, ODP, PEG, PFCB, PG, PTI, PX, RES, S, SAP, SCG, SEE, SLAB, SO, SUSQ, SVVS, SXT, TMO, UMC, VPHM, WAB, WHR 1 Comment