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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
07/06/201508:03:00Accenture Awards 11 Research Grants to Leading Universities to...
07/02/201516:17:42Statement of Changes in Beneficial Ownership (4)
07/02/201503:03:00Accenture Extends Procurement Business Process Outsourcing Agreement...
07/02/201501:56:00Accenture Awarded Contract to Deploy New Cloud-based NHSmail...
07/02/201501:00:31Amadeus Buys Into Low-Cost Carriers With Navitaire Deal
07/01/201522:50:43Amadeus Buys Into Low-Cost Carriers With Navitaire Deal
07/01/201520:11:00Amadeus to Acquire Navitaire from Accenture for US$830 Million;...
07/01/201516:08:42Statement of Changes in Beneficial Ownership (4)
07/01/201516:08:42Statement of Changes in Beneficial Ownership (4)
07/01/201516:08:42Statement of Changes in Beneficial Ownership (4)
07/01/201516:08:16Statement of Changes in Beneficial Ownership (4)
07/01/201516:07:50Statement of Changes in Beneficial Ownership (4)
07/01/201516:07:24Statement of Changes in Beneficial Ownership (4)
07/01/201516:07:24Statement of Changes in Beneficial Ownership (4)
06/30/201508:03:00Accenture Positioned as a "Leader" in Inaugural Gartner Magic...
06/29/201504:30:00Accenture Completes Acquisition of Javelin Group, Expands Accenture...
06/25/201516:09:55Quarterly Report (10-q)
06/25/201513:03:00Accenture Recognized with Six Oracle Excellence Awards in Europe
06/25/201509:05:00Fintech Investment in U.S. Nearly Tripled in 2014, According...
06/25/201509:05:00Seven Innovative Startups Present New Financial Technologies...

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