Cognizant Technology Solutions Corp. (Nasdaq:CTSH) , a leading provider of information technology, consulting, and business process outsourcing services, and CoreLogic (NYSE:CLGX), a leading provider of information, analytics, and business services, announced a definitive agreement under which Cognizant will acquire CoreLogic Global Services Private Limited (CoreLogic India), the India-based captive operations of CoreLogic. The purchase price will consist of a cash payment of approximately $50 million, plus adjustments for working capital and other charges or credits which will be determined at closing.
Cognizant Technology Solutions Corporation provides information technology (IT) consulting and technology services, as well as outsourcing services in North America, Europe, and Asia.
ICF International Inc. (Nasdaq:ICFI) has been awarded a re-compete contract from the U.S. Department of Health and Human Services (HHS), Office of the Assistant Secretary for Health, Office of the Surgeon General, Office of the Civilian Volunteer Medical Reserve Corps (OCVMRC). The contract has a value of $16.3 million and a term of one base year and four option years.
ICF International, Inc. provides management, technology, and policy consulting and implementation services to government, commercial, and international clients.
Insteel Industries Inc. (Nasdaq:IIIN) reported net earnings of $3.7 million ($0.20 per diluted share) for the third quarter of fiscal 2011 compared with $1.6 million ($0.09 per share) in the third quarter of fiscal 2010. Net earnings for the current year quarter include restructuring charges of $2.0 million ($0.07 per share after-tax) related to the November 2010 acquisition of certain of the assets of Ivy Steel & Wire, Inc. (”Ivy”).
Insteel Industries, Inc. engages in the manufacture and marketing of steel wire reinforcing products for concrete construction applications.
National Health Partners, Inc. (NHPR)
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called “CARExpress.” CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. The company’s primary target customer group is the 47 million Americans who have no health insurance of any kind. The company’s secondary target customer group includes the millions of Americans who lack complete health insurance coverage. The company is headquartered in Horsham, Pennsylvania.
Employees and employers are getting squeezed by the price of health care. The struggle to control health costs is viewed as crucial to improving wages and living standards for working Americans. Employers are paying more for health care and other benefits, leaving less money for pay increases. Benefits now devour 30.2 percent of employers’ compensation costs, with the remaining money going to wages.
The runaway cost of health care has long been a concern, largely because of the huge number of Americans estimated at 47 million who are uninsured. But health-care costs are re-emerging as an economic and political issue in part because of the role they play in the stubborn problem of stagnating wages.
National Health Partners, Inc. a leading provider of unique discount healthcare membership programs, announced that it has entered into agreement with a major Hispanic marketing group for the sale of its CARExpress programs. The company also sees growth in new sales of memberships of more than 300% thru the remainder of the year.
Under the new agreement, this national Hispanic marketing group will be promoting the company’s CARExpress discount healthcare membership program to Hispanic communities located across the United States, with particular focus on cities and regions containing a large number of Hispanics. With the previously announced plans to increase monthly sales by 75% with its newest and most successful marketing partner, the company now expects sales of new members to grow more than 300% thru the remainder of the year.
Please visit its website at www.nationalhealthpartners.com
j2 Global Communications, Inc. (Nasdaq:JCOM), the provider of cloud-based services for businesses, invites the public, members of the press, the financial community, stockholders and other interested parties to listen to a live audio Webcast of its Second Quarter 2011 Earnings Conference Call at 5 p.m. Eastern Time on August 2nd, 2011. Hemi Zucker, chief executive officer; Scott Turicchi, president; and Kathy Griggs, chief financial officer, will host the call. Materials presented during the call will be posted on the Company’s Web site at http://www.j2global.com at least thirty minutes prior to the call and filed with the Securities and Exchange Commission pursuant to Regulation FD.
j2 Global Communications, Inc. provides outsourced, value-added communication, messaging, and data backup services to businesses of all sizes, from individuals to enterprises worldwide.
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