Diamonds and Dogs
Cognizant Technology Solutions Corporation (CTSH)
Cognizant Technology is painting the tape green today, up 7.12% to $63.36. The information technology company saw its shares rally after beating earnings estimates. For the quarter, Cognizant announced that it earned $382.9 million or $0.62 per share (actually $0.71 adjusted). Both numbers beat analysts' estimates of $348.9 million and $0.68 per share. Shares of Cognizant climbed over $4.00 today to a new 52-week high of $65.55 intraday.
Sibanye Gold Limited (SBGL)
Sibanye Gold is not shining today, down 10.46% to $8.30. The underground and surface gold operation company saw its shares fall after being downgraded by Citigroup. Citigroup downgrade Sibanye this morning from neutral to sell after Sibanye announced that its operations were down 5% for the quarter ending March 2015. Shares of Sibanye fell nearly $1.00 today but were not close to their 52-week low of $6.51.
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