Infosys Raises Full-Year Revenue Guidance, Stock Up

By | January 10, 2014

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Infosys (INFY) stock rose Friday after the Indian tech outsourcer late Thursday topped Wall Street’s Q3 views and raised its sales guidance for the year. Infosys stock was up 6% in afternoon trading in the stock market today, near 60, at an 11-month high. The provider of software development and other tech services boosted its yearlong guidance for the fiscal year ending in March to 11.5% to 12% growth, CEO S.D. Shibulal told analysts on a Scalper1 News

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