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ELLIOTT MANAGEMENT SERVICES
Activist Elliott takes multibillion-dollar stake in Synopsys, source saysSunnyvale, California-based Synopsys, valued at over $80 billion, has for decades been one of the main suppliers of software used in determ...
Elliott explores options for British data centre firm Ark, sources sayWhile no formal decisions have been made, potential infrastructure investors have been approached, and reportedly Elliott had attempted to ...
Activist investor Elliott building stake in PayPalAccording to the report, Elliott may eventually become one of PayPal's five largest shareholders.
Elliott Management said to own a large stake in DropboxHedge fund Elliott Management owns a stake of more than 10% in Dropbox valued at more than $800 million, a person familiar with the matter ...
Middle is where Cognizant's job cuts will hurt the mostCognizant said its headcount growth had outstripped revenue growth in the past two quarters.
TCS announces Rs 16,000 crore buybackTCS had bought back about Rs 16,000 crore of shares last year as well.
Activist fund Elliott exits Cognizant with big gainsElliott Management was the first activist hedge fund to take aim at an India heritage IT services firm and Cognizant with its US listing an...
Investor Elliott Management buys tiny stake in WiproThe hedge fund’s stake in Wipro is unlikely to be part of an activist strategy as with Cognizant.
Has Cognizant's consulting capability withered amid demands from Elliott Management to lower costs?A diminished role of its consulting practice will contribute to better margins — a demand made in November 2016 by its most vocal activist ...
HCL Technologies to consider share buyback on March 20IT companies have been under increasing pressure from investors to utilise the huge cash pile on books either through share buyback or gene...
TCS board approves Rs 16,000 crore share buyback programThe Mumbai-headquartered IT services company said it would buyback 5,61,40,351 Equity Shares, nearly 3% of the equity share capital, at a p...
Season of buybacks: TCS may head down Cognizant route, Infosys and Wipro could be next in lineThe move comes less than two weeks after rival Cognizant said it would return $3.4 billion to shareholders — in dividends and increased buy...
Cognizant to accelerate pace of buys"We are going to accelerate the number of acquisitions we make, but it isn't as though we have set up a number that we have to meet," Malco...
TCS may boost shareholder returns, here's how"The Board of Directors will consider a proposal for buyback of equity shares of the Company at its meeting to be held on February 20, 2017...
Cognizant to return $3.4bn to Investors in 2 yearsIn November, Jesse Cohn, a senior portfolio manager at Elliott, sent a letter to the IT company’s board asking it to shake-up its board, ra...
Cognizant names 3 independent directors after Elliott deal"Pursuant to the terms of the cooperation agreement, the Cognizant board of directors has agreed to continue the ongoing process of refresh...
Hedge fund Elliott takes aim at CognizantThis is the first time an Indian IT firm is facing an onslaught from an activist hedge fund and Elliott has a number of wins under its belt.
Activist hedge fund Elliott takes aim at CognizantThe letter critiqued Cognizant’s capital management strategy and called its stance shareholder unfriendly due to the lack of a dividend.
Google to start testing fresh food and grocery deliveriesGoogle will start testing in two US cities later this year, stepping up competition with online retailer Amazon.com and startup Instacart
Citrix remains in 'a constant state of upheaval' and executives keep leavingProblems at Citrix have been going on for more than a year and were supposed to have culminated with the first-quarter restructuring.