Stock Market & Financial Investment News

News For ACN From The Last 14 Days Check below for free stories on ACN the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 22, 2013 07:21 EDT ACN MIT Sloan Alumni Club of Boston to hold a symposium Subscribe for More Information May 20, 2013 16:22 EDT ACN On The Fly: Closing Wrap Subscribe for More Information 13:06 EDT ACN On The Fly: Midday Wrap Stocks on Wall Street were modestly higher at midday as the Dow and S&P seek to continue their march higher after closing last week at record levels. ECONOMIC EVENTS: In the U.S., the light domestic economic calendar included the Chicago Fed National Activity index, which slipped to -0.53 for April from its prior reading of -0.23. In Asia, the Hang Seng and Shanghai Composite both climbed after Chinese home prices were reported to have risen in April. COMPANY NEWS: Yahoo (YHOO) confirmed it is buying social media platform Tumblr for $1.1B, as widely reported over the weekend, and promised "not to screw it up" in its press release to announce the deal... Actavis (ACT) agreed to acquire Warner Chilcott (WCRX) in a stock-for-stock transaction valued at approximately $8.5B. The deal, which was approved by the boards of both companies, equates to a value of $20.08 per Warner Chilcott share based on Actavis' closing share price on Friday, the companies said. MAJOR MOVERS: Among the notable gainers were some other companies with M&A news: Acquity Group (AQ) shares more than doubled after Accenture (ACN) agreed to buy the company for $13.00 per American Depositary Share, and Pactera Technology (PACT) gained 31% after receiving a non-binding proposal from a Blackstone (BX) affiliate to be taken private for $7.50 per ADS. Among the noteworthy losers was XenoPort (XNPT), which fell 11% after one of its drugs failed in a Phase III trial for multiple sclerosis spasticity. Also lower were shares of Red Hat (RHT), which slid 4% following a downgrade to Market Perform at BMO Capital. INDICES: Near 1 pm ET, the Dow was up 13.67, or 0.09%, to 15,368.07; the Nasdaq was up 1.13, or 0.03%, to 3,500.10; and the S&P 500 was up 2.18, or 0.13%, to 1,669.65. 10:11 EDT ACN On The Fly: Analyst Upgrade Summary Subscribe for More Information 09:26 EDT ACN On The Fly: Pre-market Movers Subscribe for More Information 06:12 EDT ACN Accenture upgraded to Buy from Neutral at Goldman Subscribe for More Information May 17, 2013 16:34 EDT ACN Accenture acquires Acquity Group for $316M Subscribe for More Information 16:32 EDT ACN Accenture acquires Acquity Group for $316M Subscribe for More Information May 15, 2013 11:03 EDT ACN Accenture volatility low, shares near record high Subscribe for More Information May 14, 2013 06:31 EDT ACN Accenture selected by Reale Mutua Assicurazioni Group subsidiary Subscribe for More Information 06:17 EDT ACN Accenture awarded contract management consulting contract by Tullow Oil Subscribe for More Information May 9, 2013 07:29 EDT ACN Bernstein to host a conference 10th Annual IT Services Conference to be held in New York on May 9. Sign up for a free trial to see the rest of the stories you've been missing.