QUOTE AND NEWS
Yahoo  Jan 17  Comment 
JPMorgan Chase & Co Chief Executive Jamie Dimon has been no fan of Institutional Shareholder Services and once called investors "lazy" if they cast votes in corporate elections based on recommendations from the leading proxy adviser or its rival....
The Hindu Business Line  Jan 5  Comment 
NASA astronaut Jeanette Epps is set to become the first African-American crew member aboard the International Space Station (ISS) when she flies to the orbital post in May next year, the US space age...
DailyFinance  Dec 22  Comment 
Filed under: News, Space By: Patrick Jones, Buzz60 Do you ever just stop and think just how incredible it is that we as human beings have a full time space station circling our planet? Sure, what we've seen in Star Wars and Star Trek...
Forbes  Dec 22  Comment 
This woman turned her passion for space into helping astronauts conduct research on the International Space Station.
DailyFinance  Dec 21  Comment 
Filed under: News, Space On December 17, several beautiful photos of the International Space Station (ISS) were taken in Newbury Park, California. The ISS is a "home" for astronauts as well as a science lab for multiple countries. Made up of...
Automotive World  Dec 13  Comment 
In response to the US Department of Transportation (US DOT) announcement of New Proposed Rule Making (NPRM), Docket no. NHTSA-2016-0126, INTEGRITY Security Services (ISS), a Green Hills Software company, today announced the launch of the ISS...
TechCrunch  Dec 13  Comment 
 The internet connection on the International Space Station and other platforms in orbit is getting a serious upgrade that will double its capacity, NASA announced today. But they aren’t sending up a new router or satellite; the improvements...
DailyFinance  Dec 9  Comment 
Filed under: News, Space Astronauts aboard the ISS are gifted with a view that offers myriad opportunities for capturing especially striking images of Earth. NASA recently shared one of those photos, a picture that shows the beauty and...
Forbes  Dec 8  Comment 
VideoThe movie Passengers doesn’t hit theaters for another couple weeks, but the crew aboard the International Space Station can watch it early. The movie revolves around a mission to send humans to inhabit an exoplanet orbiting another star, so...
Forbes  Dec 7  Comment 
Do astronauts ever skip a day of exercise while on the ISS? This question was originally answered on Quora by Clayton C. Anderson.




 
TOP CONTRIBUTORS

iSoftStone Holdings (NYSE:ISS) is a Chinese-based IT service provider with clients in China as well as globally. iSoftStone focuses on four main industries: technology, communications, financial services, and energy. The company has grown from 6 sales and delivery centers in 2007 to 19 centers, 12 in China, as of December 2010. These centers act to sell as well as provide support to clients on their IT needs. The company's clients include 71 Fortune 500 companies, 23 of which are located in China and 48 throughout the rest of the world.[1]

iSoftStone expects that the continued rise in IT outsouring will continue to drive demand. IT services have increasingly been outsourced by large businesses. This process allows the businesses to focus on their competitive advantage, while still giving them access to low cost IT support on a large scale. As a result, the demand for IT services in China is expected to rise by a compounded annual growth rate of 14.1% according to the IDC. Furthermore, the demand for Chinese software development is expected to grow by a CAGR of 22.4%.[2]

The company's initial public offering of stock on the NYSE occurred on December 13, 2010. The company offered 10.8 shares each for $13. This was at the high end of the revised range of $11-$13. The offering raised $141M. The lead underwriters of the deal were UBS AG (UBS), J P Morgan Chase (JPM), and Morgan Stanley (MS).[3]


iSoftStone announced a net revenue for 2009 of $134M. This corresponds to an increase of 63% over the 2008 figure of $82M. This rise in Net Revenue helped to pull the company to a net income of $9M in 2009. iSoftStone had reported a net loss of -$3K in 2008. The company also reported a net revenue figure of $135M for the first 9 months of 2010. This already exceeds its total figure for all of of 2009.[4]

References

  1. ISS F-1/A 2010 PROSPECTUS SUMMARY "Our Business" pg 1
  2. ISS F-1/A 2010 PROSPECTUS SUMMARY "Industry Background" pg 3
  3. Renaissance Capital iSoftStone Holdings prices IPO at $13, high end of the range 13 Dec 2010
  4. ISS F-1/A 2010 PROSPECTUS SUMMARY "Summary Consolidated Financial Data" pg 11
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki