Research Desk Line-up: Fidelity National Information Services Post Earnings Coverage
LONDON, UK / ACCESSWIRE / August 10, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for Accenture PLC (NYSE: ACN), following which we have published a free report that can be viewed by signing up at http://protraderdaily.com/optin/'symbol=ACN. The Company announced on August 08, 2017, that it has acquired Concrete Solutions, a Brazilian Company specializing in Lean and Agile software-development methodologies to develop cloud-base mobile solutions and web applications. Founded in 2001, Concrete Solutions has more than 400 employees across three locations in Brazil. Additionally, Accenture can unify the complementary skills and experience of both companies to help it apply innovation-led approach to deliver greater business value for clients. For immediate access to our complimentary reports, including today's coverage, register for free now at:
http://protraderdaily.com/register/
Discover more of our free reports coverage from other companies within the Information Technology Services industry. Pro-TD has currently selected Fidelity National Information Services, Inc. (NYSE: FIS) for due-diligence and potential coverage as the Company reported on August 02, 2017, its financial results for Q2 2017. Tune in to our site to register for a free membership, and be among the early birds that get our report on Fidelity National Information Services when we publish it.
At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on ACN; also brushing on FIS. Go directly to your stock of interest and access today's free coverage at:
http://protraderdaily.com/optin/'symbol=ACN
http://protraderdaily.com/optin/'symbol=FIS
The Announcement
The acquisition of Concrete Solutions will enable Accenture to be well-equipped to create long-term relationships with organizations in Brazil. Accenture finds the acquisition complementary to its leading-edge technologies and rapid development approaches, including Agile and DevOps, enhancing its ability to help leverage emerging technologies to meet their digital-transformation needs, while improving the business performance and creating new strategies for growth.
Concrete Solutions is a digital experience solutions and services firm, where its primary clients are large corporations. The Company holds extensive experience in developing mobile applications using Agile and DevOps methodologies.
Accenture views this acquisition as a step to expand in the Brazilian local market, following the opening of Innovation centers in Recife and Rio de Janeiro and the expansion of its digital agency, Accenture Interactive, in Brazil.
The Phase One Consulting Group Acquisition
Following the June 07, 2017, acquisition announcement, Accenture announced on August 08, 2017, that it has completed the acquisition of Phase One Consulting Group, Inc. ("Phase One"), a privately-held Alexandria, Virginia-based company which specializes in modernization and digital transformation for the federal market. Accenture viewed this acquisition as a step to expand its key capabilities to support key infrastructure and application modernization initiatives that are designed to enable federal agencies to deliver greater agility, enhanced security features, and cost savings.
Phase One also offers secure cloud solutions for cabinet departments and federal agencies, delivering wide-ranging missions. Phase One is primarily a Salesforce Platinum Consulting Partner focused exclusively on the federal IT market. This elite status reflects its expertise in Salesforce integration and development services within some of the most complex federal client technology environments. For the federal market, Phase One has developed cloud accelerator methodologies designed to help federal clients rapidly deploy new capabilities to enhance their organizational efficiency and achieve mission-specific goals.
Accenture's Prospects
Accenture was one of the first companies to establish a strategic alliance with Salesforce, with over 11,000 Salesforce-skilled professionals and an ongoing investment in building deep Salesforce skills and leading capabilities, it holds a unique portfolio in the Salesforce ecosystem. The acquisition of Phase One is the seventh Salesforce-related acquisition that the Company has made since 2014, including Media Hive, New Energy Group, CRMWaypoint, Cloud Sherpas, tquilla, and Client House. The financial details of the transactions were not disclosed by the Company.
About Accenture
Accenture currently operates across 120 countries, with over 411,000-strong workforce. The Company has worked on projects to move organizations to cloud to utilize advancements of service delivery and flexibility, where applications, infrastructure, and business processes are delivered together As-a-Service. The Company has worked on over 20,000 cloud computing projects for clients and has more than 31,000 professionals trained in cloud computing.
Last Close Stock Review
On Wednesday, August 09, 2017, the stock closed the trading session at $129.62, marginally up 0.38% from its previous closing price of $129.13. A total volume of 1.22 million shares have exchanged hands. Accenture's stock price surged 6.95% in the last three months, 12.29% in the past six months, and 14.83% in the previous twelve months. Furthermore, since the start of the year, shares of the Company have rallied 10.66%. The stock is trading at a PE ratio of 22.97 and has a dividend yield of 1.87%. At Wednesday's closing price, the stock's net capitalization stands at $83.46 billion.
Pro-Trader Daily:
Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charter holder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: contact@protraderdaily.com
Phone number: (917) 341.4653
Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Pro-Trader Daily
