IHS, Inc., (IHS) Founded in 1959 and headquartered in Englewood, Colorado, IHS Inc., is a global source of critical information and insight, dedicated to providing the most complete and trusted data and expertise. The companies product and service solutions span four areas of information that encompass the most important concerns facing global business; Energy, Product Lifecycle, Security and Environment. Its customers range from governments and multinational companies to smaller companies and technical professionals in more than 180 countries.
On Wednesday, September 2, 2009, the company announced that it acquired LogTech Canada Ltd for #3.3 Million Canadian.
Company posted better than expected profit in last four quarters. Market is expecting a profit of 60 cents per share for the quarter ended August 2009, which is 4 cents more than its actual profit it posted a year ago in the same quarter.
IHS is in my BUY watch list for the short term trading. Earnings for the quarter ended August 2009 is scheduled to be released on Thursday, September 17, 2009, after market close.
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