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Accenture PLC

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  • Sept 24- Consulting and outsourcing company Accenture Plc said it expects profitability to improve this fiscal year as it focuses on trimming operating costs.

  • "They are trying to hold in the 1,980 s and not break that support and close below it," said Paul Mendelsohn, chief investment strategist at Windham Financial Services in Charlotte, Vermont.

  • Providing support was a renewed pledge by European Central Bank President Mario Draghi to keep monetary policy loose for an extended period to push inflation in the euro zone closer to the targeted two percent level.

  • Accenture misses 4Q profit forecasts Wednesday, 24 Sep 2014 | 9:18 AM ET

    DUBLIN— Accenture PLC on Wednesday reported earnings of $701 million in its fiscal fourth quarter. Analysts expected $7.64 billion, according to Zacks. For the current quarter ending in November, Accenture said it expects revenue in the range of $7.55 billion to $7.8 billion.

  • Providing support was a renewed pledge by European Central Bank President Mario Draghi to keep monetary policy loose for an extended period to push inflation in the euro zone closer to the targeted two percent level.

  • NEW YORK, Sept 24- Merrimack Pharmaceuticals shares were surging in premarket trade, up 24.5 percent to $8.95 after the company said it reached a deal to develop and market Merrimack's pancreatic cancer drug outside the U.S. with Baxter International.

  • UPDATE 1-Accenture forecast disappoints, shares slip Wednesday, 24 Sep 2014 | 7:54 AM ET

    Sept 24- Consulting and outsourcing company Accenture Plc forecast first-quarter revenue largely below analysts' expectations as stiff competition from rivals hurt new contracts wins. Accenture forecast first-quarter revenue of $7.55 billion- $7.80 billion. Accenture has faced pricing pressure amid sluggish business spending in the last few quarters.

  • *Providing support was a renewed pledge by European Central Bank President Mario Draghi to keep monetary policy loose for an extended period to push inflation in the euro zone closer to the two percent level.

  • Accenture quarterly revenue rises 9.7 percent Wednesday, 24 Sep 2014 | 7:10 AM ET

    Sept 24- Consulting and outsourcing company Accenture Plc reported a 9.7 percent rise in quarterly net revenue, helped mainly by new consulting contracts. The company's net income rose to $760.2 million, or $1.08 per share, in the fourth quarter ended Aug. 31 from $727.3 million, or $1.01 per share, a year earlier. Net revenue rose to $7.78 billion from $7.09 billion.

  • Analysts forecast crosscurrents for markets Friday, 19 Sep 2014 | 6:28 PM ET
    Trader on the floor of the New York Stock Exchange.

    Investors may find it time to adjust portfolios as they focus on Fed speakers, economic reports, and the rising U.S. dollar in the week ahead.

  • Cramer’s game plan: 10 plays, 5 days, hike! Friday, 19 Sep 2014 | 6:09 PM ET

    It's back to business next week. Time to get your game face on! Cramer's got several plays and your name is all over them.

  • NEW YORK, Sept 10- Alison LePard, a 19- year-old college sophomore from Wellesley, Massachusetts, says that when she shops for clothes and accessories, her goal is a look that is uniquely hers.

  • NEW YORK, Sept 10- Alison LePard, a 19- year-old college sophomore from Wellesley, Massachusetts, says that when she shops for clothes and accessories, her goal is a look that is uniquely hers.

  • China faces middle-income trap as reforms fail Thursday, 28 Aug 2014 | 8:06 PM ET

    Chinese productivity growth has gone into reverse, highlighting the failure of recent reforms to set China on a sustainable development path.

  • *New study shows China's productivity growth turned negative after global financial crisis.

  • WASHINGTON, Aug 26- Three firms involved in the troubled Obamacare website HealthCare.gov have seen their contract values exceed initial estimates by more than a quarter-billion dollars, including the lead IT contractor at the time of the site's botched rollout, government data shows.

  • *SGCC eyes Greek, Spain grids after Portugal, Italy bids. PARIS/ HONG KONG/ MILAN, Aug 10- The European Commission has long wanted the continent's power grids to work in unison for reasons of efficiency and supply security, so far to little avail, but a regional power network could soon be a reality, courtesy of State Grid Corporation of China.

  • BEIJING, Aug 7- China's recent probes into Microsoft Corp and car companies including Audi and Chrysler have rekindled concerns that Beijing may be using an anti-monopoly law to support domestic firms at the expense of foreign companies.

  • China conducts new raids on Microsoft, Accenture Wednesday, 6 Aug 2014 | 7:49 AM ET
    China says it is investigating Microsoft for suspected monopolistic practices.

    A Chinese regulator conducted new raids on Microsoft and partner in China Accenture, the agency said on its website on Wednesday.

  • BEIJING, Aug 6- Accenture PLC said on Wednesday it was providing client information to a Chinese regulator, which is investigating Microsoft Corp for anti-trust violations. The State Administration for Industry and Commerce conducted new raids on Microsoft and Accenture, its partner in China, the agency said on its website on Wednesday.