French IT consulting firm Capgemini tightened its full-year revenue guidance to between -1% and +1%, citing soft demand and economic uncertainty. The company also approved a 2 billion euro share buyback program. CEO Aiman Ezzat remains cautious due to geopolitical tensions and a slow economy. Operating profit fell 15% to 976 million euros in the first half, with revenues at 11.11 billion euros. Demand was soft as clients cut non-essential spending. Shares rose 6.9% but later settled at 0.3%. The group reiterated its full-year operating margin estimate and does not include the impact of acquiring WNS for $3.3 billion in cash in July.

Read more at Yahoo Finance: Capgemini tightens annual revenue guidance, outlook cautious