COGNIZANT TECHNOLOGY (CTSH) SWIMMING AGAINST THE CURRENT
Cognizant Technology (CTSH) reported %0.72 vs $0.66. Cognizant sees FY11 EPS of $2.98 vs consensus of $2.78. Cognizant is an IT outsourcer with most of its operations concentrated in India. The Indian rupee is getting stronger against euro and U.S. dollar. Wages in India are also rising