Indian IT outsourcing giant Wipro is one of the top five users of the H1-B immigrant worker visa. Photographer: Namas Bhojani/Bloomberg
India’s major IT outsourcers have little to worry about during this year’s lottery for the H1-B immigrant worker visa, the country’s officials told reporters after a recent trip to Washington. Next year, however, will be a different story.
Indian info-tech firms like Infosys, Wipro, HCL Technologies, Tech Mahindra and Tata Consultancy Services are largely dependent on the constant flow of software engineers from India, mostly under 35 year old tech workers looking for a shot at life in the U.S. for three years. Some in the Indian lobbying community in Washington call the H1-B the “most toxic” visa on Capitol Hill. The visa is often despised by American software engineers who say they are being replaced by younger, foreign workers willing to work for less. Some 70% of the 85,000 H1-B visas issued annually go to Indians, and more than half of them are working for the IT outsourcers, according to the U.S. Citizenship and Immigration Services which manages the visa petitions.
share stock: Twitter, Inc.(TWTR)
- [By Douglas A. McIntyre]
Skype, the revolutionary free video call service, is still here, although it rarely gets discussed in the world of Snap Inc. (NYSE: SNAP), Instagram and Facebook Inc. (NASDAQ: FB). Skype has somewhere close to 300 million active users, which puts it on par with Twitter Inc. (NYSE: TWTR). However, Skype arguably has more useful features that some of these newer technologies, at least for people who want to mimic phone calls and video communications for free. That 300 million hardly makes Skype invisible, no matter how little it shows up as a primary means to connect people and businesses.
- [By Vikram Nagarkar]
San Francisco, California based Twitter Inc (NYSE:TWTR)recently announced its intent to turn a profit in 2017. For many, this new found focus on bottom line numbers has come as a relief, especially given the lack of stellar growth in the last year or so. However, many popular analysts, like Motley Fool’s Adam Levy, have approached Twitter’s claim with skepticism. Their primary apprehension being, the lack of robust growth, and the limited ability to cut costs without further damaging the growth trajectory. However, Twitter does have one lever, which is undisputedly controlled by the company’s top management, which is why profitability is very much within grasp for the world’s favorite micro-blogging platform.
- [By Leo Sun]
Chinese microblogging site Weibo (NASDAQ:WB) is often called the “Twitter (NYSE:TWTR) of China,” but that’s really a misnomer. Instead, Weibo’s platform can more accurately be described as a hybrid of Facebook (NASDAQ:FB), Twitter, and Reddit.
- [By Shanthi Rexaline]
The companies named by SAPPRFT include Weibo, the Chinese-equivalent of Twitter Inc (NYSE: TWTR), Phoenix New Media and video sharing website AcFun.
- [By Daniel Sparks]
Shares are down about 10% on Thursday after Twitter’s (NYSE:TWTR) as investors digest the company’s slowing revenue and user growth reported in its fourth quarter. But there were a few bright spots in the company’s earnings release as well. Here’s an overview of Twitter’s fourth-quarter performance.
- [By Vikram Nagarkar]
Shares of San Francisco, California-based Twitter Inc (NYSE:TWTR)seem to have made a comeback, but should you stay invested? Buoyed, at least in part, by Jack Dorsey’s move to buy shares of the company, TWTR stock has gained by close to 7.4% over the last 3 days. And this rather unexpected surge seems to shifted the momentum for the stock, which crashed following Twitter’s Q4 earnings release, about a week ago. The development has also caught the attention of some big names, like TheStreet’s Jim Cramer, who has called the Dorsey’s move a positive sign for the languishing social media platform. What’s more, Cramer is not alone. There’s also The Motley Fool’sRick Munarriz, who recently put his weight behind Twitter, listing out 3 reasons why he bought the stock. We’ll look at all of these new developments in greater detail to understand how they could impact TWTR, and how investors could play the stock going forward.
share stock: On Assignment Inc.(ASGN)
- [By Jim Robertson]
On Thursday, our Under the Radar Moversnewslettersuggested suggested small cap employment services stockOn Assignment, Inc (NYSE: ASGN) as a short trade thats already turned profitable for us:
share stock: MKS Instruments, Inc.(MKSI)
- [By Monica Gerson]
MKS Instruments, Inc. (NASDAQ: MKSI) is estimated to post its quarterly earnings at $0.33 per share on revenue of $177.19 million.
Pioneer Natural Resources (NYSE: PXD) is projected to post a quarterly loss at $0.75 per share on revenue of $711.66 million.
share stock: Calavo Growers, Inc.(CVGW)
- [By Shanthi Rexaline]
Agricultural Produce Companies
Limoneira Company (NASDAQ: LMNR): -32.1 percent since 2011. Calavo Growers, Inc. (NASDAQ: CVGW): +168.2 percent since 2011.
Agri-Input Companies — Seeds/ Fertilizers/Pesticides Manufacturers
- [By Lee Jackson]
Calavo Growers Inc. (NASDAQ: CVGW) had the man at the top buying stock last week. CEO Lecil Cole purchased 95,000 shares of the avocados and other perishable foods distributor at prices between $55.44 and $56.92 a share. The total for the purchase was set at $5 million. The stock closed the day last Friday at $58.30, in a52-week range of$48.745 to $71.48. The consensus price target is set at $73.17.