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: Techs Bounce Back Led By Amazon, MSFT

By Benjamin Pimentel, MarketWatch SAN FRANCISCO (MarketWatch) -- The tech sector bounced back from a shaky start Wednesday, edging higher as shares of Amazon.com and Microsoft posted gains. Amazon.com (AMZN) shares traded up more than 4% as the Internet giant geared up for its anticipated tablet announcement. Shares of Microsoft Corp. (MSFT) also moved up by 1.7%. The company announced Wednesday that it was expanding its smart phone partnership with Samsung. The Nasdaq Composite Index (RIXF) was up a fraction at 2,550. The sector was weighed down by declining semiconductor shares. The chip retreat was led by Advanced Micro Devices (AMD) which fell more than 2%, while LSI Corp (LSI) lost 4% and SanDisk Corp (SNDK) declined 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) slid nearly 1%. The index has lost more than 10% since Jan. 1. The tech sector got a lift from Jabil (JBL) shares of which were up more than 9% after the electronics contract manufacturer reported upbeat earnings and a stronger-than-expected outlook. Shares of Accenture (ACN) added more than 2% after the IT services and consulting company reported a jump in profit. IT services and distribution firm, Synnex Corp. (SNX) also saw its stock trade up more than 12% after the company posted strong quarterly results. Among the notable decliners was Juniper Networks (JNPR) which was down 4%. 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 1.5% at last check.

Stock News for Accenture (ACN)
DateTimeHeadline
04/28/201616:34:12Securities Registration: Employee Benefit Plan (s-8)
04/28/201608:57:00Accenture Appoints Greg Kaplan as Lead Creative Director
04/28/201608:27:00HfS Research Report Highlights Accenture Leadership and Excellence...
04/28/201607:57:00Accenture Achieves Lead Innovation & Execution Position in “Winner’s Cir...
04/28/201606:57:00Accenture Enables Mediaset Premium to Deliver Champions League...
04/28/201600:59:00Consumers Willing to Pay Extra for In-Car Technologies, Accenture...
04/27/201608:27:00Mortgage Cadence Releases New Bus. Intelligence Dashboards Designed...
04/27/201602:59:00Accenture Test Automation Assures Sky Q Customers a Fluid Viewing...
04/26/201608:03:00Accenture Research Finds Insurers Will Succeed at Digital Transformation...
04/26/201607:57:00Accenture Teams with Code.org to Support Increased Funding for...
04/26/201605:57:00Accenture and Splunk Form Alliance to Help Organizations Analyze...
04/25/201616:43:11Statement of Changes in Beneficial Ownership (4)
04/22/201607:04:58Automatic Shelf Registration Statement of Securities of Well-known...
04/21/201600:29:00Accenture Opens Cyber Center to Help Organizations Tackle Complex...
04/19/201603:59:00Many Manufacturers Not Prepared to Harness Benefits of Digital...
04/18/201608:59:00Accenture and Apax Partners to Form Joint Venture to Drive Digital...
04/18/201607:57:00Accenture Named a Leader in Services Providers for Next-Generation...
04/18/201600:01:00Invasion of Ad Blockers Threatens Future of Digital Advertising...
04/17/201619:59:00Accenture and Leading Financial Institutions Call for Applicants...
04/14/201608:27:00Personalized Performance Management is Essential to Meet the...

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

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad