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Stock Market & Financial Investment News

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April 1, 2014
05:31 EDTACNAccenture awarded second contract by Tokyo Metropolitan Government
The Tokyo Metropolitan Government. or TMG, has awarded Accenture a second, one-year contract, through March 2015, to continue attracting foreign companies to locate their regional headquarters or research and development centers in Tokyo's Special Zone for Asian Headquarters. Accenture exceeded its original FY13 objective of recruiting 10 foreign firms, which represent a diverse range of industries, including environmental, medical, entertainment as well as information, communications and technology companies. The TMG has a goal of attracting 50 regional headquarters or R&D centers to the Special Zone by the end of 2016.
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October 8, 2014
07:13 EDTACNAccenture disclosures should lessen cannibalization fears, says RBC Capital
After attending Accenture's Analyst Day, RBC Capital believes the company's discussion about the size of its legacy ERP business and digital and cloud practices should cause investors' concerns about cannibalization to slowly decline. The firm keeps an $87 price target and Outperform rating on Accenture.

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