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The Fortune 500 list in recent years ranks it under the Information Technology Services industry, when years ago it would have been ranked under Computers, Office Equipment.
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The information technology services industry in Ukraine is booming.
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In the financial services industry, personal information is protected by the Sarbanes-Oxley Act of 2002 (SOX), which enacted stringent requirements for the protection of confidential information.
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Goldman prefers investing in the software and services subsectors of the information-technology industry, which will benefit from the proliferation of smartphones, tables, cloud computing and increased e-commerce activity.
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The pattern began in the 1950s, when hugely expensive mainframe computers were first used to save correspondingly huge sums in information-intensive functions in the financial-services industry, then in accounting, payroll and inventory-control tasks in other big organisations.
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Gurus also bailed on Detroit-based Compuware (nasdaq: CPWR - news - people ), a full-service information technology services provider for businesses, particularly the automotive industry.
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Instead, they may simply be unable to get enough information to make correct judgments about the value of securities, or indeed may be given misleading information by insiders such as company executives or salesmen from the financial-services industry.
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"The guarantee of a clear information of the customer on hotel accommodation services is the best way to promote the tourism industry, " it said.
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Tough times for the financial services industry translate into tough times for the news and data providers that supply traders and dealmakers with the information they need to do their jobs.
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