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Quarterly Results, Appointments, Index & Software Launches, Quarterly Dividends - Research Report on FactSet, iGate, 21Vianet, Morningstar, and Blucora


News provided by

Analysts' Corner

Oct 15, 2013, 08:00 ET

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NEW YORK, October 15, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting FactSet Research Systems Inc. (NYSE: FDS), iGATE Corporation (NASDAQ: IGTE), 21Vianet Group, Inc. (NASDAQ: VNET), Morningstar, Inc. (NASDAQ: MORN), and Blucora, Inc. (NASDAQ: BCOR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

FactSet Research Systems Inc. Research Report

On October 9, 2013, FactSet Research Systems Inc. (FactSet) reported that STOXX Limited (STOXX) has launched the STOXX Global Broad Infrastructure Index, using FactSet's Revere Data. Factset stated that STOXX 'Global Broad Infrastructure Index will be managed by Northern Trust, for an exchange-traded fund (ETF) and STOXX has partnered with FactSet to use the FactSet Revere Sector and Industry Classifications and FactSet Supply Chain Relationships datasets. STOXX informed that the partnership enables the Company to identify eligible firms and ensure they derive 50% or more of their revenues from infrastructure-related business. Hartmut Graf, CEO STOXX Limited: "With the global need for infrastructure estimated to be about 40 trillion US dollar, market participants require a well-defined approach to understand the listed global infrastructure universe. The STOXX Global Broad Infrastructure Index identifies these companies and combines them in a transparent index concept, offering users an efficient, rules-based and diversified solution for their benchmarking and passive investment needs." The Full Research Report on FactSet Research Systems Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/118e_FDS]

iGATE Corporation Research Report

On October 10, 2013, iGATE Corporation (iGATE) reported its Q3 2013 financial results. The Company reported revenues of $293.4 million, up 8.2% YoY during the quarter. GAAP net income attributable to iGATE common stock holders was $23.8 million in Q3 2013, compared with $20.8 million in Q3 2012. Sujit Sircar, CFO of iGATE, said, "Overall it has been a very good quarter for iGATE. Our operational efficiencies coupled with a positive gain out of the Indian Rupee depreciating against the U.S. Dollar resulted in an expansion of our margins and earnings. We also generated $86 million of operating cash during the quarter which is another positive. The forex tailwinds however seem to have settled down with the Rupee gaining marginal stability over the past couple of weeks." The Full Research Report on iGATE Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/ff4b_IGTE]

21Vianet Group, Inc. Research Report

On October 10, 2013, 21Vianet Group, Inc. (21Vianet) announced that its Board of Directors has appointed Wing-Dar Ker to the position of President of Microsoft Cloud Operation, with immediate effect. According to the Company, prior to his new role, Mr. Ker served as General Manager of Customer Service and Support (CSS) for the Asia Pacific and Greater China (APGC) Region at Microsoft, where he supervised customer service and technical support in the APGC region, as well as web support for the Americas and EMEA regions. Josh Chen, Founder, Chairman, and CEO of 21Vianet, said, "We are delighted to welcome Wing-Dar to our team. He brings with him two decades of leadership experience within Microsoft, helping to develop their technical platform in Asia and driving regional strategic initiatives and innovation. His rich background of organizational and technological leadership and experience within Microsoft will be a tremendous advantage for 21Vianet as we commercially launch Microsoft's premium cloud services in China. We look forward to working with Wing-Dar and his leadership in contributing to our Microsoft cloud operation, helping to accelerate growth opportunities for our company going forward." The Full Research Report on 21Vianet Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/68b8_VNET]

Morningstar, Inc. Research Report

On October 4, 2013, Morningstar, Inc. (Morningstar) announced that its Board of Directors has declared a quarterly dividend of $0.13 per share, which is payable on October 31, 2013, to shareholders of record on October 14, 2013. The Full Research Report on Morningstar, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/a1d7_MORN]

Blucora, Inc. Research Report

On October 7, 2013, Blucora, Inc. (Blucora) reported that its subsidiary, TaxACT business has released its 2013 federal software for professional tax return preparers. The Company informed that the TaxACT Preparer's Federal 1040, 1065, 1120, and 1120S Editions are currently available, and the State Editions will be released in early January 2014. Blucore stated that the features of the new software include- easy, efficient and accurate preparation of results; Information and tools for enhanced client services and leadership in professional software and e-filing.  JoAnn Kintzel, President of TaxACT, said, "TaxACT provides high quality yet affordable tools to help them do more in less time and increase their bottom line." The Full Research Report on Blucora, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/e672_BCOR]

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to making mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

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