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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
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03/27/201409:44:41U.S. Hot Stocks: Hot Stocks to Watch
03/23/201407:07:35MARKET SNAPSHOT: Stock Buybacks Likely To Peak With End Of Cheap...
02/06/201416:33:15Massachusetts to Retain CGI as Changes Made to Health Exchange
01/14/201408:38:06Accenture Files 8K - Other Events
01/10/201414:16:24Source: U.S. Officials Ending Pact With HealthCare.Gov Contractor...
12/19/201316:55:16MARKET SNAPSHOT: Dow Hits High; Stocks Shrug Off Disappointing...
12/19/201313:19:20Correction to Accenture Earnings Story
12/19/201313:12:13MARKET SNAPSHOT: U.S. Stocks Trim Losses; Shrug Off Disappointing...
12/19/201311:47:11MARKET SNAPSHOT: U.S. Stocks Retreat As Economic Data Disappoint
12/19/201310:06:01MARKET SNAPSHOT: As Jobless Claims Spike, U.S. Stocks Fall
12/19/201308:22:11Accenture Earnings Rise on Higher Revenue, New Bookings
11/15/201309:18:03OZ Management LP 3Q 13F: Largest Purchases -2-
11/15/201309:18:02OZ Management LP 3Q 13F: Largest Purchases
11/15/201309:18:02OZ Management LP 3Q 13F: Holdings As Of Sep 30 -2-
11/15/201309:18:02OZ Management LP 3Q 13F: Holdings As Of Sep 30
11/15/201309:01:33HBK Investments LP 3Q 13F: Holdings As Of Sep 30 -2-
11/15/201309:01:33HBK Investments LP 3Q 13F: Holdings As Of Sep 30
11/15/201308:39:34Kingdon Capital Management 3Q 13F: Holdings As Of -2-
11/15/201308:39:34Kingdon Capital Management 3Q 13F: Largest Purchases

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