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Stock Market & Financial Investment News

News Breaks
January 21, 2014
07:10 EDTACN, STOAccenture selected by Statoil to provide finance and control services
Accenture (ACN) announced it has been selected by Statoil ASA (STO) to provide finance and control services globally on an outsourced basis to help the company drive efficiencies and support its global organization. Under the terms of the agreement, Accenture will provide finance and control outsourced services in the areas of joint venture reporting, financial reporting, statutory and tax reporting, production and revenue accounting, financial model and master data, cost allocation, collection and indirect tax reporting, billing and trade accounting.
News For ACN;STO From The Last 14 Days
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July 25, 2014
05:31 EDTSTOStatoil CEO says cost reduction programs 'are on track'
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05:28 EDTSTOStatoil reports Q2 EPS NOK 3.75 vs. NOK 1.38 last year
Reports Q2 operating income down NOK 3.2B to NOK 32B. Reports adjusted earnings NOK 32B. Helge Lund, Statoil's president and CEO stated, "Statoil delivered solid operational performance in the quarter, with continued high production regularity on the Norwegian continental shelf and project execution according to plan. We have deferred gas production to enhance value, but remain on track for delivering on our production guiding for 2014. Our quarterly earnings were impacted by divestments, seasonal effects and lower gas prices. For the first half of the year, earnings were around the same level as in the same period last year."
July 22, 2014
07:10 EDTACNAccenture awarded $48M contract for IT, financial management services
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July 15, 2014
07:17 EDTACNFarnborough International to hold air show
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