Accenture (ACN) Tops Q4 EPS by 1c; Guides FY17
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Accenture Reports Strong Fourth-Quarter and Full-Year Fiscal 2016 Results
September 29, 2016 6:59 AM EDT-- Fourth-quarter revenues increase 8% in U.S. dollars and 9% in local currency, to $8.5Â billion; quarterly GAAP EPS of $1.68 include $0.37 from gains on the sale of businesses; excluding these gains, EPS are $1.31, a 14% increase; free cash flow is $1.9Â billion --
-- For full fiscal year, revenues increase 6% in U.S. dollars and 10.5% in local currency, to $32.9Â billion; GAAP EPS of $6.45 include $1.11 from gains on the sale of businesses; excluding these gains, EPS are $5.34, an 11% increase from adjusted EPS of $4.82 in fiscal 2015; free cash flow is $4.1 billion --
-- New bookings are $9.0Â billion for fourth... More
Accenture Launches New Cloud-Based Solution to Help Wealth Managers Comply with U.S. Department of Labor Fiduciary Rule
September 28, 2016 4:15 PM EDTSalesforce-based application provides decisioning capabilities for ensuring client best interest
NEW YORK--(BUSINESS WIRE)-- Accenture (NYSE: ACN) has introduced a new cloud-based solution, Accenture Wealth Management Compliance Solution for Salesforce, designed to help wealth management firms comply with the U.S. Department of Labors fiduciary rule for advisers overseeing retirement accounts. The rule, effective April 2017, provides that advisers may not receive payments that create conflicts of interest.
The new solutionsupported by Accentures... More
