FINANZE - NEWS http://www.finanze.net NEWS it info@finanze.net info@finanze.net FINANZE RSS Feed Generator Infosys Infosys has raised 2009 guidance a couple of days ago, on strong domestic demand and from European counterparts (last awarded contract from Reiffeisen Bank), despite a stronger rupee. Some of the business previously contracted to Satyam might very well shift to Infosis, that is now expected to pay a whopping 3% dividend on current prices for 2009.Strong cash generation brings to total absence of debt. The stock is now trading at slightly above ten times prospective earnings. http://www.finanze.net/news-Infosys-1795.html Fri, 16 Jan 2009 00:00:00 GMT