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Wipro (NYSE:WIT) Upgraded to "Buy" at StockNews.com

StockNews.com upgraded shares of Wipro (NYSE:WIT – Free Report) from a hold rating to a buy rating in a research note issued to investors on Tuesday. Other analysts have also recently issued reports about the stock. BNP Paribas assumed coverage on shares of Wipro in a research note on Wednesday, January 17th. They issued an […]
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GFT acquires Sophos Solutions from Advent International

Global digital transformation pioneer GFT Technologies SE (GFT) agreed to acquire 100% of shares in Colombia-based core banking expert Sophos Solutions S.A.S. With Sophos, GFT advances to one of the top 3 banking IT services providers across Latin America and also increases its global delivery capability. The purchase from Advent International, one of the largest and most experienced global privat...
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Xerox's Challenging Q4: Stock Drops On Earnings Dip, CEO Emphasizes On Simplifying Business Structure - Xerox Holdings (NASDAQ:XRX)

Xerox reported Q4 sales decline of 9.1% to $1.77B, missing consensus of $1.79B. EPS of $0.43 also missed consensus of $0.52. CEO focused on restructuring and growth opportunities. FY24 outlook: revenue of $6.54B-$6.68B, free cash flow of at least $600M, and operating margin of at least 7.5%.
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