Core Insights - Blue Mantis has announced the acquisition of Coreio Inc., enhancing its capabilities in the ServiceNow midmarket segment and expanding its presence in Canada [1][4] - The acquisition is expected to close in Q3 2025, with financial terms undisclosed [2] - Coreio, founded in 1981 and headquartered in Toronto, specializes in ServiceNow consulting, IT asset lifecycle management, cybersecurity, and service desk operations [3][8] Strategic Rationale - The acquisition allows Blue Mantis to leverage Coreio's expertise in workflow automation and ServiceNow, which is experiencing an 18% compound annual growth rate in the midmarket [4] - Coreio contributes significantly to Blue Mantis' ServiceNow partnership, with one-third of its business driven by ServiceNow [4] - The combined organization will enhance service offerings, providing clients with access to a broader range of digital transformation services, including cybersecurity and data analytics [6] Leadership and Integration - Rob Muroff, CEO of Coreio, will become General Manager of Canadian Operations, ensuring local expertise and cultural alignment [5] - The acquisition emphasizes a shared vision of delivering transformative IT solutions that drive business outcomes [5] Market Positioning - The acquisition positions Blue Mantis uniquely in the market, with over 60% of its business now coming from recurring services, indicating stability and predictability in growth [7] - Blue Mantis aims to deliver enterprise-class services across onshore, nearshore, and offshore models, setting it apart from competitors [7] Client Benefits - Clients of Blue Mantis will gain access to Coreio's ServiceNow expertise, while Coreio clients will benefit from Blue Mantis' extensive digital transformation offerings [6] - The acquisition strengthens Blue Mantis' nearshore delivery capabilities, providing cost-effective service options across North America [6]

Core Insights - Albert Anthony is a Croatian-American business author and media contributor with a focus on real estate investment trusts (REITs) [1] - He has a background in IT analysis for Fortune 500 companies and experience in financial services with Charles Schwab [1] - Anthony is launching a book on REITs in 2025 and manages his own equities research firm remotely [1] Company Background - Albert Anthony & Company is an equities research firm managed by Anthony, who has a data-driven and process-oriented approach [1] - The firm does not engage with non-publicly traded companies, small cap stocks, or startup CEOs [1] Educational and Professional Development - Anthony holds degrees from Drew University and is currently pursuing the CMSA certification at the Corporate Finance Institute [1] - He has participated in numerous business and innovation conferences in Europe, enhancing his industry knowledge [1] Media Presence - Anthony has a growing presence on platforms like Seeking Alpha and Investing.com, with over 1,000 followers [1] - He is also active on YouTube, where he plans to discuss REITs [1]

Market Overview - The U.S. stock market reached new all-time highs with the S&P 500 rising 0.4% to 6,693.75, the Dow increasing 0.1% to 46,381.54, and the Nasdaq climbing 0.7% to 22,788.98, despite underlying volatility [2][10] - Analysts noted that the market's resilience persists amid a turbulent policy landscape, with "uncertainty" being a recurring theme in 2025 [8] Boeing and Aerospace Industry - An $8 billion deal for Uzbekistan Airways to acquire up to 22 Boeing 787 Dreamliners was announced, projected to create over 35,000 jobs in the U.S., leading to a rally in Boeing shares after-hours [3][10] - The announcement reversed a prior decline in Boeing's stock, which had closed down 1.65% at $212.09 [3] Semiconductor Sector - The administration's renewed threat of tariffs on chip imports has created uncertainty in the semiconductor sector, which has complex global supply chains [4] - Analysts indicated that while some domestic sectors might benefit from protectionist policies, globalized tech firms like ASML face challenges [4] Pharmaceutical Industry - The Trump administration's drug pricing reforms and tariff policies have caused volatility in the pharmaceutical sector, with tariffs on Indian exports impacting shares of Indian drugmakers [5] - The S&P 500 Pharmaceuticals Index has dropped 5% year-to-date, reflecting ongoing regulatory challenges [5] Technology Sector - A new $100,000 annual fee for H-1B visas aimed at protecting American jobs has raised concerns in the technology sector, leading to declines in shares of major tech companies reliant on H-1B workers [6][7] - The Nifty IT index fell over 3% on September 22, 2025, affecting major players like Tata Consultancy Services and Infosys [7] Market Reactions to Presidential Comments - Specific comments from the Trump administration can significantly impact individual stocks, as seen with Kenvue's shares dropping 7.5% following unsubstantiated claims linking Tylenol to autism [9] - Safe-haven assets like gold have seen an increase, with futures up 2% to a record-high $3,780 an ounce, indicating investor caution amid market volatility [9]

Our thoughts on the potential implications for our coverage US IT Services (Covered by James Schneider): We believe Cognizant faces the largest relative risk among our US coverage from this policy (with ~2,500 H-1B approvals in 2025 according to USCIS), implying higher incremental labor costs and margin pressure if petition levels are maintained over the next 12 months. We see minimal impact for Accenture and IBM at ~1,500 approvals each in 2025. India IT Services (Covered by Manish Adukia) India IT Service ...

Core Viewpoint - Science Applications International Corp. (SAIC) has announced a $500 million offering of 5.875% senior notes due in 2033, aimed at refinancing existing debt and supporting corporate growth initiatives [1][2]. Group 1: Offering Details - The offering consists of $500 million aggregate principal amount of senior notes priced at 100% of their principal amount [1]. - The notes will be senior unsecured obligations of SAIC and are expected to close on September 25, 2025, subject to customary closing conditions [1]. - The net proceeds will be used to repay all outstanding indebtedness under SAIC's revolving credit facility and cover estimated fees and expenses related to the offering [2]. Group 2: Regulatory Information - The notes are being offered to "qualified institutional buyers" under Rule 144A and to non-U.S. persons outside the United States under Regulation S, both exemptions from registration under the Securities Act [3]. - The notes have not been registered for sale under the Securities Act or any state securities laws, and cannot be offered or sold in the U.S. without registration or an applicable exemption [3][4]. Group 3: Company Overview - SAIC is a Fortune 500 technology integrator focused on digital transformation across defense, space, civilian, and intelligence markets [5]. - The company employs approximately 24,000 people and is headquartered in Reston, Virginia, emphasizing its mission-driven approach and commitment to innovation [6].

The upshot of the President Trump's proposal for a $100,000 H-1B fee is that more IT services are going to be pushed offshore, or there’s going to be a big price hike for outfits that rely on the visas https://t.co/b3SBPDPT0g ...

Key Takeaways Accenture projects Q4 EPS of $2.98 and revenues of $17.3B, signaling year-over-year growth.GenAI bookings hit $1.5B in Q3, while revenues surpassed $700M, fueling client reinvention.ACN ended Q3 with $9.6B in cash and rising managed services demand.Accenture plc (ACN) is set to report fourth-quarter fiscal 2025 results on Sept. 25, before market open.The Zacks Consensus Estimate for earnings is pegged at $2.98 per share, suggesting 6.8% growth from the year-ago quarter’s reported level. The co ...

train Americans. Stop bringing in people to take our jobs. That's the idea behind President Donald Trump's latest plan to add a $100,000 fee for H-1B visas, a move that threatens to worsen already fraught ties with India.The H-1B visa program is used heavily by Indian outsourcing firms and the impact could be a blow to its $280 billion IT services sector that relies on deploying Indian workers abroad. Indianborn workers accounted for 72.3% of all H1B beneficiaries in the US fiscal year to September 2023. Fo ...

Core Viewpoint - ChowChow Cloud International (CHOW.US) has seen its stock price rise over 10% following its recent IPO, indicating strong market interest and confidence in its cloud solutions offerings [1] Company Overview - ChowChow Cloud International specializes in providing comprehensive cloud solutions, supporting companies throughout the entire cloud transformation process, including consulting, deployment, migration, and management [1] Market Performance - The stock price of ChowChow Cloud International reached $5.548, up from an IPO price of $4, reflecting a significant increase in value shortly after its market debut [1]

Core Viewpoint - ChowChow Cloud International's stock price increased over 10% after its IPO, indicating strong market interest and confidence in its cloud solutions services [1] Company Summary - ChowChow Cloud International, listed on the US stock market, had an IPO price of $4 and is currently trading at $5.548 [1] - The company is a pioneer in providing comprehensive cloud solutions, supporting the entire cloud transformation process from consulting, deployment, and migration to cloud environment construction and management [1]