ADVFN - Advanced Financial Network.
HOME» NYSE » A » ACN Stock Price » ACN Stock News

Accenture Share News

 Accenture Ltd. Stock Price
ACN Stock Price
 Accenture Ltd. Stock Chart
ACN Stock Chart
 Accenture Ltd. Stock News
ACN Stock News
 Accenture Ltd. Company Information
ACN Company Information
 Accenture Ltd. Stock Trades
ACN Stock Trades

TECH STOCKS: Chips, Juniper Tank As Techs Slip

By Benjamin Pimentel, MarketWatch SAN FRANCISCO (MarketWatch) -- An early tech rally fizzed Wednesday as shares of chip makers and Juniper retreated weighing down the sector. The semiconductor retreat was led by Advanced Micro Devices (AMD) which fell more than 3%, while LSI Corp (LSI) lost 4% and SanDisk Corp (SNDK) declined more than 1%. In a note, J.P. Morgan analyst Christopher Danely wrote that "most investors we met with last week indicated they are waiting for another round of estimate cuts in October and a resolution in the European financial crisis before buying semiconductor stocks." However, Danely also argued that, in his view, "semiconductor stocks have bottomed and that investors should buy before the likely 1Q12 recovery." That view apparently was not widely-shared by investors Wednesday morning as the Philadelphia Semiconductor Index (SOX) tumbled more than 1%. The index has lost more than 12% since Jan. 1. The Nasdaq Composite Index (RIXF) slipped 0.4% to 2,536. The Morgan Stanley High Tech 35 Index (MSH) was mostly flat. The sector got a lift from Jabil (JBL) shares of which were up more than 7% after the electronics contract manufacturer reported upbeat earnings and a stronger-than-expected outlook. (AMZN) shares traded up more than 2% as the Internet giant geared up for its anticipated tablet announcement. Shares of Microsoft Corp. (MSFT) also moved up by 0.8%. The company announced Wednesday that it was expanding its smart phone partnership with Samsung. Shares of Accenture (ACN) added more than 2% after the IT services and consulting company reported a jump in profit. Another IT services and distribution firm, Synnex Corp. (SNX) also saw its stock trade up more than 11% after the company posted strong quarterly results. Among the notable decliners was Juniper Networks (JNPR) which was down 2.8%. In a note, FBN Securities analyst Shelby Seyrafi initiated coverage of the stock with a sector perform rating, saying Juniper "has many new product cycles beginning, but service provider spending is slowing while Cisco is becoming more aggressive." Seyrafi also initiated coverage of Cisco (CSCO) with an outperform rating. Cisco shares were up a fraction at last check.

Stock News for Accenture (ACN)
06/30/201607:01:00Two Out of Five Canadian Consumers Want Automated Recommendations...
06/29/201616:24:33Statement of Changes in Beneficial Ownership (4)
06/29/201616:24:33Statement of Changes in Beneficial Ownership (4)
06/29/201616:24:33Statement of Changes in Beneficial Ownership (4)
06/29/201616:24:00Statement of Changes in Beneficial Ownership (4)
06/29/201616:23:37Statement of Changes in Beneficial Ownership (4)
06/29/201616:23:08Statement of Changes in Beneficial Ownership (4)
06/29/201612:57:00Accenture Named as Leader in Industry Cloud Professional Services...
06/29/201609:47:00Accenture Interactive Launches Its First Content Studio to Deliver...
06/29/201608:57:00Nearly One-Half of North American Consumers Want Robo-Advice...
06/29/201608:27:00Accenture Selected to Help Stryker Improve Operating Efficiencies
06/28/201614:47:00Small Minority of Industry Leaders Achieve Both Digital and Financial...
06/27/201608:03:00Accenture Achieves Lead Position in Innovation Category of HfS...
06/27/201607:59:00New Report Finds Insider Corporate Data Theft and Malware Infections...
06/27/201607:57:00Accenture Introduces a High Velocity Customer Experience Solution...
06/24/201607:57:00Accenture Positioned as Overall Leader & Star Performer in Everest...
06/24/201605:15:00Accenture to Expand Digital Transformation Capabilities for Retail...
06/24/201600:01:00Accenture Launches New Customer Experience Support Service for...
06/23/201616:21:23Quarterly Report (10-q)
06/23/201609:27:00New York Tops Silicon Valley in Fintech Venture Financing for...

Accenture and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations