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CORRECT: Accenture To Replace Marshall & Ilsley In S&P 500 Next Month

("Accenture To Replace Marshall & Ilsley In S&P 500 Next Month," published at 5:43 p.m. ET, misstated the index's outgoing company in the headline. The correct version follows:) DOW JONES NEWSWIRES Standard & Poor's said consulting company Accenture PLC (ACN) would replace Marshall & Ilsley Corp. (MI) in the S&P500 index next month, when Bank of Montreal's (BMO, BMO.T) takeover of the regional bank is expected to close. Accenture shares rose 4.6% after hours on the news. The shares of a company joining a major index like the S&P 500 tend to rise as index-tracking funds buy the stock. The switch, effective after the close of trade July 5, adds one of the world's biggest standalone consulting companies to the key index. The company has been strengthening, as market share gains propel revenue growth. Its most recent quarterly revenue and earnings per share figures were record highs. In December, Bank of Montreal agreed to buy struggling regional bank Marshall & Ilsley in a stock-for-stock deal worth $4.1 billion, which would further strengthen the Canadian banks position in the Midwest. Marshall & Ilsley has reported more than two straight years of quarterly losses and has yet to repay the U.S. government for the $1.72 billion in bailout funds it received after the financial crisis. -By Joan E. Solsman, Dow Jones Newswires; 212-416-2291; joan.solsman@dowjones.com

Stock News for Accenture (ACN)
DateTimeHeadline
04/28/201502:03:00Accenture Enhances Ocean Cargo Pricing Software to Help Carriers...
04/27/201520:03:00Accenture Helps Kia Motors Double Impact of Social Media Marketing...
04/27/201509:30:10Accenture, Oracle Team Up To Offer Cloud Services
04/27/201509:11:59Accenture, Oracle Team Up To Offer Cloud Services
04/27/201508:03:00Accenture and Oracle Form New Business Group to Help Customers...
04/27/201500:01:00Accenture Expands Duck Creek Global Alliance Partner Program...
04/24/201516:48:41Statement of Changes in Beneficial Ownership (4)
04/24/201500:01:00CDP Extends Accenture Contract for Digital Strategy & Technology...
04/23/201507:13:00Majority of U.S. Citizens Feel Safe in Their Neighborhoods but...
04/23/201507:03:00Accenture Duck Creek Templates Updated to Help Insurers More...
04/22/201508:33:00Accenture & Oracle Enhance the Accenture Life Sciences Cloud...
04/22/201508:03:00Oil & Gas Industry Investment in Digital Technologies Shows Resilience...
04/22/201507:59:00Innovation and Technology will Increase ROI with Workplace Training...
04/17/201508:03:00Accenture Positioned as a Leader in Utilities Customer Operations...
04/16/201507:13:00Accenture Awarded $966 Million Contract to Support Federal Student...
04/16/201500:01:00Car Buyers Want Better Digital Experience, Most Ready to Complete...
04/16/201500:01:00Tokyo Metropolitan Government Awards Accenture Third Contract...
04/14/201504:44:30A Look At Accenture's Explosive Dividend Growth
04/13/201508:03:00The Worldâs Love Affair with the TV May Be Coming to an End, A...
04/13/201507:03:00Despite Increased Use of Electronic Medical Records, Fewer U.S...

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