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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| August 02, 2004 | COPYRIGHT 2004 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SERVICES

Sapient rises on Q2 profit news

The consulting and IT firm made 4 cents a share, beating views by 2 cents and reversing a year-ago loss of 4 cents a share. Revenues rose 45% to $64.5 mil, benefiting from more firms moving back-office ops to India. Sapient rose 32% to 6.97. Rival Indian IT services firm Infosys' shares rose 3% to 50.15 as the firms benefit from increased Indian outsourcing.

MARKETS

Nasdaq rebounds to Q2 profit

Nasdaq Stock Market made 2 cents a share, compared with a net loss of 66 cents a share a year ago, despite revenue falling 18.7% to $120 mil. The securities market was helped by a 42% drop in expenses. Nasdaq share ...

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