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  • Dec 17- Accenture Plc reported a better-than-expected jump in quarterly revenue, helped by strong growth in its consulting business, particularly in North America. The business accounts for just over half of Accenture's revenue, with its outsourcing unit contributing the rest. Accenture has been investing heavily to boost its digital business, which offers...

  • Dec 17- Accenture Plc reported a 1.5 percent rise in quarterly revenue, helped by strong growth in its high-margin consulting business, particularly in North America. Net income fell to $858.5 million, or $1.28 per share, in the first quarter ended Nov. 30 from $882.2 million, or $1.29 per share, a year earlier. Net revenue, or revenue before reimbursements, rose to...

  • Dec 15- A consultant hired by the state of Michigan to help oversee Detroit's $121 million blight-removal program- a key part of the city's efforts to rebuild itself after a historic bankruptcy- has been accused of falsifying billing statements for his work, the state's attorney general said on Tuesday. Ellentuck is accused of overbilling for asbestos...

  • UPDATE 1-UBM sells PR Newswire to Cision for $841 mln Tuesday, 15 Dec 2015 | 2:38 AM ET

    Dec 15- UBM Plc said it had agreed to sell its press release distributor PR Newswire to Cision, a business controlled by GTCR Canyon Holdings, for $841 million, allowing UBM to focus on its events business. Reuters reported earlier that Cision, a provider of public relations software, was close to an agreement to acquire PR Newswire. Cision said Deutsche Bank...

  • UBM sells PR Newswire to Cision for $841 mln Tuesday, 15 Dec 2015 | 2:24 AM ET

    Dec 15- UBM Plc said it had agreed to sell its press release distributor PR Newswire to Cision, a business controlled by GTCR Canyon Holdings, for $841 million. The deal is subject to antitrust clearance in the United States and completion is expected in the first quarter of 2016, the company said. Reuters reported earlier that Cision, a provider of public...

  • *CSC to buy Xchanging for 190 p/shr in cash. *Xchanging recommends CSC offer over Capita bid. Dec 9- British outsourcing company Xchanging Plc agreed to be bought by Computer Sciences Corp for about 480 million pounds after the U.S. technology consulting company topped an offer from Capita Plc.

  • Dec 9- Technology consulting company Computer Sciences Corp will buy Xchanging Plc for about 480 million pounds, the companies said, beating out other suitors in a bidding war for the insurance-focused outsourcing company. The cash offer of 190 pence per share represents a premium of about 72 percent to Xchanging's closing price on Oct. 2, the day before the...

  • Computer Sciences Corp to buy Xchanging for $721 mln Wednesday, 9 Dec 2015 | 3:23 AM ET

    Dec 9- Technology consulting company Computer Sciences Corp will buy Xchanging Plc for about 480 million pounds, the companies said, ending a bidding war for the provider of services to the insurance industry.

  • WASHINGTON, Dec 8- Lockheed Martin Corp on Tuesday said it had won a seven-year contract worth A $1.2 billion to train the next generation of Australia's military pilots, with options for up to 25 years that could expand the deal's value. Lockheed beat out Britain's BAE Systems Plc, which currently holds the Australia pilot training contract.

  • Dec 8- Coca-Cola Co will appoint Hendrik Steckhan as president of its U.S. operations and named Stuart Kronauge and Ivan Pollard as co-heads of U.S. marketing, according to an internal memo. He has also worked as president and general manager of Coca-Cola North America's sparkling brands business unit. Kronauge will oversee marketing of the Coca-Cola...

  • Dec 8- Coca-Cola Co has appointed Hendrik Steckhan as president of its U.S. operations and named Stuart Kronauge and Ivan Pollard as co-heads of U.S. marketing, the Wall Street Journal reported. Steckhan has been serving as president of Coca-Cola's German business since 2010 and has also worked as president and general manager of Coca-Cola North America's...

  • LONDON, Dec 7- British outsourcing firm Serco said on Monday it expected revenue and trading profit to fall in 2016, due to the sale of its offshore call center business and a number of lost contracts. Serco has suffered over the past few years, following problems with government contracts that included overcharging the British government for monitoring...

  • SHANGHAI, Dec 4- More steel mills in the Chinese province of Shanxi have halted production due to shrinking demand and a shortage of cash, according to industry consultancy Custeel, potentially stoking a rout in prices for raw ingredient iron ore. Among the main 23 steel mills in the northern province, 10 including Linfen Iron& Steel, a unit of state-owned Taiyuan...

  • INSIGHT-Bad Saudi PR fuels riyal devaluation talk Thursday, 26 Nov 2015 | 8:38 AM ET

    DUBAI, Nov 26- Speculation that Saudi Arabia could devalue its currency may owe more to a poor public relations effort by Saudi authorities than to the economic pressures on the kingdom. Riyadh has the tools available to protect itself as low oil prices push the current account and budget balances of the world's top crude exporter deep into deficit, senior...

  • TORONTO, Nov 20- Toronto- based financial communications firm Bayfield Strategy Inc said on Friday it has spun off a venture, Evolution Proxy Inc, to offer proxy solicitation services to companies and activist hedge funds. Shareholder activism has become more frequent in Canada, activist funds have grown and they are more ambitious. Other proxy solicitation...

  • SAN FRANCISCO, Nov 20- Snapchat, maker of a free mobile app that lets users send videos and messages that disappear in seconds, is struggling to gain traction with advertisers, fueling investor concern that its $16 billion valuation isn't justified by a business that hasn't yet shown it has a steady source of income. Even in a world where upwards of 140 private...

  • NEW YORK, Nov 19- Just as social media changed how people find love and marriage, with research showing about 22 percent of U.S. couples now meet online, an Internet dating website is betting its matchmaking techniques will help people find the perfect job. "It could be a game changer," said Michael Haberman, a human resources consultant, writer and co-founder of...

  • Nov 19- Activist investor Starboard Value LP asked Yahoo Inc to drop plans to sell its stake in Alibaba Group Holdings Ltd, citing a significant risk of taxes on the sale. Yahoo's current net cash holding and the funds raised from a sale of the ad business could be returned to shareholders through buybacks and dividends, Starboard said in a letter it sent Yahoo on...

  • Nov 18- Willis Group Holdings is considering increasing its offer for Towers Watson& Co after failing to muster enough shareholder support for its $18 billion merger with the human resources consultancy, a person with knowledge of the matter said. Earlier today, Towers Watson said it planned to reconvene the shareholder meeting on Friday.

  • Nov 12- Anglo American on Thursday announced several management changes, including the resignation of the chief executive of its iron ore business in Brazil and the appointment of a new CEO for its marketing business. The mining group said Paulo Castellari had stepped down as the head of its iron ore unit in Brazil to pursue other opportunities, but would stay on...