Zynga LOSES CTO and 3 Morning Hot Stocks Not to Miss
According to a report by GigaOm, Zynga (NASDAQ:ZNGA) just lost one more key executive in Allan Leinwand, CTO infrastructure, who has apparently left to join systems management software firm ServiceNow (NYSE:NOW), where he takes over as CTO, platform development.
Indian software major Infosys (NASDAQ:INFY) is acquiring Swiss consulting firm Lodestone Holding for CHF330 million ($348.9 million). The price is higher than the $300 million consideration reported in July, but reflects Infosys’ focus on boosting its presence in Europe, and where its consulting operations will have a match with Lodestone, particularly in SAP implementation. Lodestone has 750 consultants serving 200 clients.
J.C. Penney‘s (NYSE:JCP) undue emphasis during its conference call on kids’ haircuts drew smirks from skeptics. But the program was a success, and now J.C. Penney is making it a permanent Sunday feature at its stores.