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Stock Market & Financial Investment News

News Breaks
April 1, 2014
07:03 EDTACNAccenture selected for $54M IDIA to support U.S. Navy Suply Systems Command
The U.S. Department of the Navy has selected Accenture Federal Services to provide information technology support under a multi-award, indefinite-delivery, indefinite-quantity contract. The IDIQ has a one-year base contracting period with four, one-year option periods and a total ceiling of $53.7M. Under the contracting vehicle, Accenture will be able to provide services to support, maintain and improve Navy information systems, conduct analytics efforts and provide international programs support to the Naval Supply Systems Commandís Business Systems Center in Mechanicsburg, Pa. The center delivers information technology solutions with specific emphasis on logistics and financial-related products and services for the Navy, U.S. Department of Defense, joint services and other federal agencies.
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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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