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Accenture Beats, Raises Outlook - Analyst Blog
Friday, December 17, 2010 - 2:33pm | 1073Accenture plc (ACN) reported first quarter 2011 earnings per share (EPS) of 81 cents, handsomely beating the Zacks Consensus Estimate of 75 cents. The quarter's earnings increased 20.9% from the year-ago quarter, attributable to higher revenues and margins, as well as a lower share count and tax...
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Goldman Raising Price Target On Accenture (ACN)
Friday, December 17, 2010 - 11:52am | 126Goldman Sachs is raising its estimates and price target on Accenture Plc (NYSE: ACN). It's moving its price target to $53, but is keeping its Buy rating on shares. In a note sent to clients, Goldman writes, "Following reported 1QFY11 results we are raising estimates for FY11-FY13. For FY11 we...
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Company News for December 17, 2010 - Corporate Summary
Friday, December 17, 2010 - 11:33am | 572• Oracle (NASDAQ:ORCL) reported fiscal second quarter earnings of $0.51, beating the Zacks Consensus Estimate of $0.44, on revenues of $8.6 billion that topped the Zacks Consensus Estimate of $8.3 billion • Take-Two Interactive Software (NASDAQ:TTWO) posted stronger fiscal fourth quarter earnings...
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Accenture Beats, Raises Outlook - Analyst Blog
Friday, December 17, 2010 - 11:33am | 1073Accenture plc (ACN) reported first quarter 2011 earnings per share (EPS) of 81 cents, handsomely beating the Zacks Consensus Estimate of 75 cents. The quarter's earnings increased 20.9% from the year-ago quarter, attributable to higher revenues and margins, as well as a lower share count and tax...
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Accenture Beats, Raises Outlook - Analyst Blog
Friday, December 17, 2010 - 11:00am | 1073Accenture plc (ACN) reported first quarter 2011 earnings per share (EPS) of 81 cents, handsomely beating the Zacks Consensus Estimate of 75 cents. The quarter's earnings increased 20.9% from the year-ago quarter, attributable to higher revenues and margins, as well as a lower share count and tax...
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Accenture Beats, Raises Outlook - Analyst Blog
Friday, December 17, 2010 - 11:00am | 1073Accenture plc (ACN) reported first quarter 2011 earnings per share (EPS) of 81 cents, handsomely beating the Zacks Consensus Estimate of 75 cents. The quarter's earnings increased 20.9% from the year-ago quarter, attributable to higher revenues and margins, as well as a lower share count and tax...
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Company News for December 17, 2010 - Corporate Summary
Friday, December 17, 2010 - 10:55am | 572• Oracle (NASDAQ:ORCL) reported fiscal second quarter earnings of $0.51, beating the Zacks Consensus Estimate of $0.44, on revenues of $8.6 billion that topped the Zacks Consensus Estimate of $8.3 billion • Take-Two Interactive Software (NASDAQ:TTWO) posted stronger fiscal fourth quarter earnings...
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Deutsche Bank Has Buy Rating On Accenture (ACN)
Friday, December 17, 2010 - 10:54am | 143Deutsche Bank is out with a research report Accenture Plc (NYSE: ACN) after the company reported better than expected earnings yesterday. It has a $56 price target, up from $50, and a Buy rating. In a note sent to clients, Deutsche Bank writes, "After delivering strong F1Q results and raising F11...
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Jefferies Upgrades ACN To Buy; PT Goes To $54
Friday, December 17, 2010 - 10:26am | 28Jefferies is upgrading Accenture plc. (NYSE: ACN), raising its rating from Hold to Buy, and raising its PT from $42 to $54.
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Safeguard Scientifics Rceives $144 Million in Net Proceeds from Tender Offer for Clarient by GE Healthcare
Friday, December 17, 2010 - 10:24am | 85Safeguard Scientifics, Inc. (NYSE: SFE) today announced that its net proceeds from the successful completion of GE Healthcare's public tender offer for all outstanding shares of partner company Clarient, Inc. (Nasdaq: CLRT) will be approximately $144 million. The taxable gain on the transaction...
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Tier Technologies to Repurchase up to $10M in Common Stock
Friday, December 17, 2010 - 10:03am | 72Tier Technologies, Inc. (Nasdaq: TIER) announced today that it has commenced a tender offer to purchase up to $10,000,000 in value of its common stock at a price within (and including) the range of $5.80 per share to $6.20 per share. At a price of $5.80 per share, Tier could purchase up to 1,724,...
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CGI Extends Partnership with Interac
Friday, December 17, 2010 - 9:59am | 37CGI Group Inc. (NYSE: GIB) today announced that it will continue providing managed services to Interac Association for 3 additional years. This will extend the decade long partnership until October 2013.
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Benzinga's Top Upgrades (ACN, ORCL, AON, AMGN)
Friday, December 17, 2010 - 9:46am | 133Accenture Plc (NYSE: ACN) was upgraded by Jefferies from "hold" to "buy." ACN's shares closed at $46.67 yesterday. Accenture's trailing-twelve-month ROE is 62.80%. Oppenheimer upgrade Oracle Corporation (NASDAQ: ORCL) from “perform” to “outperform.” ORCL's shares closed at $30.27 yesterday. ORCL...
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Safeguard Scientifics Files Shelf Registration to Offer Stock
Friday, December 17, 2010 - 9:02am | 54Safeguard Scientifics, Inc. (NYSE: SFE), today announced the filing of shelf registration statements on Form S-3 and Form S-4 with the U.S. Securities and Exchange Commission (SEC). The terms of any offerings under these shelf registrations will be determined at the time of the offerings.
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Goldman Sachs Raises ACN Target From $50 To $53
Friday, December 17, 2010 - 8:56am | 21Goldman Sachs is raising its PT on Accenture plc. (NYSE: ACN) from $50 to $53.