New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 10, 2014
05:40 EDTSAP, ACNAccenture, SAP expand global alliance through first-of-its-kind agreement
Accenture (ACN) and Ariba, a SAP AG (SAP) company, are expanding their global alliance through a first-of-its-kind agreement to offer new cloud-based solutions designed to transform the delivery of procurement and finance and accounting business services to clients. Together, the two companies will redefine business process outsourcing and define business operations services that can help clients become a best-run business by achieving significant process efficiencies and related cost savings. The first solution to be delivered, which provides electronic invoicing capabilities via the Ariba Network, would enable clients to realize the value of the largest global business-to-business trading network. The Ariba Network, used by more than 1.5M companies to transact over half a trillion dollars in commerce on an annual basis, will enable clients to drive a touchless global invoicing process that helps reduce operating costs, supports complex compliance requirements and improves business commerce collaboration. As a result, clients could drive more efficient enterprise-wide commerce, while at the same time optimizing working capital.
News For ACN;SAP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 26, 2015
16:20 EDTACNOn The Fly: Closing Wrap
Subscribe for More Information
16:02 EDTACNAccenture unit completes acquisition of Agilex Technologies
Accenture Federal Services said it has completed its acquisition of Agilex Technologies, a provider of digital solutions for the U.S. federal government. The acquisition was first announced on February 9.
14:10 EDTACNAccenture price target range raised to $101-$103 at Wells Fargo
Subscribe for More Information
12:27 EDTACNOn The Fly: Midday Wrap
Subscribe for More Information
09:23 EDTACNOn The Fly: Pre-market Movers
Subscribe for More Information
08:26 EDTACNAccenture management to meet with Deutsche Bank
Meeting to be held in Boston on March 26 hosted by Deutsche Bank.
07:14 EDTACNAccenture reports Q2 new bookings $9.4B
"Based on our continued momentum and very strong performance in the first half, we are raising our business outlook for revenues for the full fiscal year," said the company.
07:12 EDTACNAccenture sees FY15 adjusted EPS to $4.66-$4.76, consensus $4.75
Accenture now expects GAAP EPS to be $4.61-$4.71, including the positive impact of its increased revenue outlook, offset by negative impact of revised foreign-exchange assumption, as well as negative impact of settlement charge. Company’s previously guided EPS was $4.66-$4.80. Company raises FY15 net revenue growth in local currency 8%-10% from 5%-8%. FY15 outlook now assumes forex impact (8%); previous assumption was (5%). In May, company will record non-cash settlement charge of approximately $60M, pre-tax, as a result of a current offer to former employees to receive a voluntary one-time, lump-sum cash payment from company’s U.S. pension plan. The payment will settle the company’s pension obligations. This settlement charge will reduce company’s fiscal 2015 GAAP EPS by approximately 5c and full-year GAAP operating margin by approximately 20 basis points. Accenture now expects GAAP operating margin for the full fiscal year to be 14.2%-14.4%, compared with previously guided 14.4%-14.6%. Excluding the settlement charge, operating margin for full fiscal year expected to be 14.4%-14.6%, an expansion of 10 to 30 basis points from fiscal 2014. Now expects operating cash flow for fiscal 2015 to be $3.85B to $4.15B, compared with $3.95B to $4.25B previously; continues to expect property and equipment additions to be $450M; and now expects free cash flow to be $3.4B to $3.7B, compared with $3.5B to $3.8B previously. The company continues to expect to return at least $3.8B to its shareholders in fiscal 2015 through dividends and share repurchases. The company continues to expect its annual effective tax rate to be in the range of 26% to 27%. Accenture is now targeting new bookings for fiscal 2015 in the range of $33B to $35B, compared with $34B to $36B previously, reflecting its revised foreign-exchange assumption.
07:06 EDTACNAccenture declares semi-annual cash dividend of $1.02
Subscribe for More Information
07:05 EDTACNAccenture sees Q3 revenue $7.35B-$7.6B, consensus $7.63B
Subscribe for More Information
07:04 EDTACNAccenture reports Q2 EPS $1.08, consensus $1.07
Reports Q2 revenue $7.49B, consensus $7.38B.
March 25, 2015
15:34 EDTACNNotable companies reporting before tomorrow's open
Subscribe for More Information
09:01 EDTACNAccenture March weekly volatility elevated into Q2 and outlook
Accenture March weekly call option implied volatility is at 77, April is at 27, May is at 21, August is at 19; below its 26-week average of 19 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on March 26.
March 20, 2015
08:47 EDTACNAccenture March weekly volatility elevated into Q2 and outlook
Accenture March weekly call option implied volatility is at 34, April is at 22, May is at 19, August is at 17; below its 26-week average of 19 according to Track Data, suggesting large near term price movement into the expected release of Q2 results on March 26.
March 19, 2015
11:07 EDTSAPSAP board recommends dividend increase of 10%
Subscribe for More Information
March 18, 2015
10:21 EDTSAPHigh option volume stocks:
Subscribe for More Information
March 17, 2015
07:12 EDTSAPDeutsche Messe to hold a conference
CeBIT 2015 is being held in Hannover, Germany on March 15-20.
March 16, 2015
09:46 EDTACN, SAPAccenture and SAP selected by CenterPoint Energy to develop analytics solution
Subscribe for More Information
March 13, 2015
11:38 EDTSAPSAP CEO says media report on SAP and NSA 'misleading,' 'flawed'
SAP CEO Bill McDermott said, "Some recent media coverage about SAP HANA has been misleading and raised questions about SAP’s business activities in the public service and security sectors... We’re proud that our software is highly sought after by private businesses of all sizes, as well as by governments around the world -- from Germany and the European Union to Asia, Latin America and the United States. The subsidiaries we have created to work with governmental organizations in the U.S. and elsewhere are independently managed and are reviewed by independent external auditors. Claims that this setup allows access to customer data are false. In addition, there are no so-called "backdoors" built into SAP software and customer data cannot be retrieved externally. No company is more committed to data privacy and security than SAP." Reference Link
07:15 EDTACNAccenture to lead Orphan Drug clinical program for CTD in Europe
Accenture announced it will provide to CTD Holdings data-driven clinical trial strategy and design through its Accelerated R&D Services, a business service that allows pharmaceutical companies to bring drugs to market faster, at less cost and with reduced execution risks. CTD Holdings is a family of biotechnology growth companies that distribute and manufacture cyclodextrin-based products. Accenture will lead CTD's clinical program in Europe with the goal of gaining regulatory approvals to market orphan drug Trappsol Cyclo for treatment of Niemann-Pick Type C disease. NPC is a rare and fatal disease found primarily in children. As part of the contract work, Accenture will design, execute, analyze and submit the necessary clinical studies in accordance with European regulatory requirements. The program expands CTD's current distribution in the European Union that is done under named patient protocols approved individually.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use