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Mayank Tandon of Needham & Company probes about the economics of a BPaaS deal vs. $CTSH's traditional services. CFO Frank said the economics on the initial BPaaS deals tend to be roughly in line with or maybe a little lower than a traditional deal. He added, when they are done the second, third and fourth time, the margins start to get promising.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.