2. Top 5 Companies in the IT Consulting & Other Services
Industry With the Highest Gross Margin (FORR, IT,
TDC, CPBY, IBM)
Forrester Research (FORR) has gross margin of
62.5%, a sales growth of 10.9%, and trailing 12
months sales of $245.1 million.
Gartner (IT) has gross margin of 57.5%, a sales
growth of 10.7%, and trailing 12 months sales of
$1.2 billion.
Teradata (TDC) has gross margin of 57.1%, a sales
growth of 15.1%, and trailing 12 months sales of
$1.9 billion.
3. China Information Security Technology has gross
margin of 48.1%, a sales growth of 52.7%, and trailing
12 months sales of $134.2 million.
International Business Machines (IBM) has gross
margin of 45.3%, a sales growth of 3%, and trailing 12
months sales of $98.1 billion.
SmarTrend currently has shares of Gartner in an
Uptrend and issued the Uptrend alert on July 26, 2010
at $25.32. The stock has risen 29% since the Uptrend
alert was issued.
4. SC reserves verdict on plea to
prosecute Raja
The Supreme Court on Wednesday reserved its
verdict on a plea seeking a direction to Prime
Minister Manmohan Singh for grant of sanction
to prosecute former Telecom Minister A Raja in
the 2G spectrum case.
A bench of Justices G S Singhvi and A K Ganguly
reserved the verdict after concluding the hearing
on the petition filed by Janata Party President
Subramanian Swamy.
5. The bench asked the Attorney General G E
Vahanvati to place before it the number of
matters relating to sanction pending before
the competent authority in various
government departments in one week.
The AG said he will check from various
departments and inform the court
6. MOIL first PSU IPO with revised retail
cap of 2 lakh
Retail investors will be able to invest up to. 2 lakh in the
upcoming initial public offer of Manganese Ore India Ltd or
MOIL, ensuring a big scramble for the small offering.
The issue will open on November 26, asking investors to bid
for 3.3 crore shares in a price band of . 340-375 a share.
The issue will close on December 1 for retail investors and a
day before on November 30 for qualified institutional
investors.
MOIL is offering 5% discount to retail investors and MOIL
employees.
7. 2G scam: Govt reaches out but BJP
firm on JPC probe
• In a bid to end Parliament impasse, the
government on Sunday reached out to BJP saying
it was ready for a discussion on 2G spectrum
issue and a Supreme Court-monitored CBI probe
but rejected the demand for a JPC, which failed
to cut ice with the main Opposition.
• The senior Congress leader also suggested that
the Supreme Court can take over the supervision
of the CBI probe into the 2-G scam. But this
prompted the two leaders to ask as to how the
government could ensure this.
8. Groupon in talks with Google for $3-
bn sell out
Groupon, a Chicago-based start up, would give Google
more of the $133-billion US local advertising market
and help it benefit from surging demand for coupons,
sent via the Web, for products and services.
Google chief executive officer Eric Schmidt is stepping
up the pace of acquisitions to spur growth and keep
from losing business as Facebook, the largest social
networking service, adds features and lures web
surfers.
9. Groupon earlier held failed negotiations with
Yahoo! and may not clinch a deal with Mountain
View, California-based Google, the people said.
Groupon may become Google's most expensive
target. In 2008, the web search leader paid $3.2
billion for DoubleClick, an online advertising
provider.
10. Groupon earlier held failed negotiations with
Yahoo! and may not clinch a deal with Mountain
View, California-based Google, the people said.
Groupon may become Google's most expensive
target. In 2008, the web search leader paid $3.2
billion for DoubleClick, an online advertising
provider.
