Cognizant Technology Solutions Corporation (NASDAQ:CTSH) [Trend Analysis] knocking active thrust in leading trading session, shares a decrease of -2.32% to 55.63 with about 7.22 Million shares have changed hands in this session. Cognizant Technology Solutions Corp. (CTSH) reported that it has entered into a definitive contract to takeover privately-held Mirabeau BV. The terms of the transaction were not revealed. Amsterdam -based Mirabeau is a digital marketing and consumer experience agency specializing in industries such as travel and hospitality, financial services, retail, and B2B sectors.
Cognizant stated the acquisition would expand its digital business capabilities in the Netherlands and across Europe. With the close of the acquisition, about 260 specialists from Mirabeau will become a part of Cognizant’s Digital Business practice. The stock is going forward its fifty-two week low with 22.43% and lagging behind from its 52-week high price with -14.74%.
Same, the positive performance for the quarter recorded as -3.94% and for the year was -13.86%, while the YTD performance remained at -7.31%. CTSH has Average True Range for 14 days of 1.69.
United Continental Holdings, Inc. (NYSE:UAL) [Trend Analysis] retains strong position in active trade, as shares scoring 0.68% to $69.72 in a active trade session, while looking at the shares volume, about 2.53 Million shares have changed hands in this session. United Airlines’ inaugural commercial flight to Havana, Cuba, took off from Newark Liberty International Airport on Nov. 29, with its first Houston-to-Havana flight planned for Dec. 3. However, the flight out of Newark won’t go down as a sterling example of the carrier’s efforts to improve on-time performance. United flight 1502 left Newark bound for Havana 57 minutes late.
The flight was planned to touch down at Havana’s Jose Marti International Airport at 2:46 p.m. local time, some 53 minutes behind schedule. While in the air en route to the island nation, a United spokesman attributed the delay to complications involved in getting everyone checked in for the flight. Cuban officials have been strict about requiring the proper paperwork from visitors, which comprises visas, even for passengers who don’t plan on leaving the Havana airport. The firm has institutional ownership of 92.80%, while insider ownership included 0.20%. UAL attains analyst recommendation of 2.10 with week’s performance of 1.06%. Investors looking additional ahead will note that the Price to next year’s EPS is -22.14%.