Cognizant (CTSH) Tops Q1 EPS by 1c; Updates FY16 Outlook
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Cognizant sees more deals from healthcare, financial clients
May 6, 2016 6:08 AM EDTBy Rishika S
(Reuters) - IT services provider Cognizant Technology Solutions Corp (NASDAQ: CTSH) said it expects a pipeline of new projects from its healthcare and financial services clients to fuel growth for the remainder of the year, after a weak first quarter.
The company's shares rose as much as 3.8 percent.
Like its Indian rivals, Tata Consultancy Services Ltd (NYSE: TCS) and Infosys Ltd (NYSE: INFY), Cognizant also gets the largest chunk... More
