1 posts and columns on Edward Caso

Trouble Looms for Indian IT Outsourcers

in News on March 2, 2009 at 10:03 am PT

It’s a rough morning for the Indian IT outsourcing sector, which has been hit hard by a highly negative report from Wachovia analyst Edward Caso. Caso says the group is likely to take another leg down, forecasting that April conference call season will see most of the companies issue guidance below Street expectations. He writes that “demand remains lackluster and decision-making slow.”