Taking IT Offshore Weekly: Macro Scare Is In the Air 2012 Off to Less than Optimal Start – Market Analysis
Joseph D. Foresi
IT services was in focus this week. Investor’s began the week on a sour note with Cognizant lowering annual guidance three months into the year. The adjustment comes on the heals of some lackluster March performances and mediocre June guidance. The combination of data points leads us to believe that a “Macro Scare Is In …