|Bid||135.00 x 800|
|Ask||176.00 x 800|
|Day's Range||158.90 - 161.88|
|52 Week Range||136.84 - 175.64|
|Beta (3Y Monthly)||1.04|
|PE Ratio (TTM)||25.82|
|Earnings Date||Dec 19, 2018 - Dec 24, 2018|
|Forward Dividend & Yield||2.92 (1.85%)|
|1y Target Est||179.32|
Financial technology startups and other new entrants are making inroads in the U.S. banking market, but have yet to capture a threatening share of bank revenues, according to research published by Accenture Plc (ACN.N) on Wednesday. Around 19 percent of financial institutions in the U.S. are new entrants, such as challenger banks, non-bank payments institutions and big tech companies, according to the report. In the UK, new entrants have made a larger dent, having captured 14 percent of the total €206 billion (£181 billion) in industry revenues, with the majority going to non-bank payments companies, according to the report.
Financial technology startups and other new entrants are making inroads in the U.S. banking market, but have yet to capture a threatening share of bank revenues, according to research published by Accenture Plc on Wednesday. Around 19 percent of financial institutions in the U.S. are new entrants, such as challenger banks, non-bank payments institutions and big tech companies, according to the report. In the UK, new entrants have made a larger dent, having captured 14 percent of the total €206 billion ($238.45 billion)in industry revenues, with the majority going to non-bank payments companies, according to the report.
New entrants to the banking market — including challenger banks, non-bank payments institutions and big tech companies — are amassing up to one-third of new revenue, which is challenging the competitiveness of traditional banks, according to new research from Accenture (ACN). Accenture analyzed more than 20,000 banking and payments institutions across seven markets to quantify the level of change and disruption in the global banking industry.
Accenture has introduced Accenture myConcerto, an insight-driven, integrated platform that helps organizations boost their ability to innovate, amplify business results and accelerate their journey to becoming intelligent enterprises.
Look inside the innovation-focused design studio of a global consulting giant that ABJ readers voted as one of their favorite Austin offices.
TORONTO , Oct. 16, 2018 /CNW/ - Canadian consumers will turn to convenient digital shopping options for their gift purchases and opt to spend their money at Canadian retailers this holiday season, according to findings from the 2018 Holiday Shopping Survey from Accenture (ACN). Now in its seventh year, the survey uncovered a major increase in Canadian shoppers' use of Instagram and other social media when planning or making shopping decisions. The percentage of shoppers who said they plan to use Instagram alone for their online shopping almost doubled since last year, from 25 per cent to 46 per cent, with more than half of shoppers saying they would use YouTube to make shopping decisions or purchases.
Accenture (ACN) and Zurich Benelux have debuted a first-of-its-kind blockchain-based solution that helps the insurer’s customers in Benelux manage surety bonds. Surety bonds are three-party agreements designed to guarantee performance or more general fulfilment of an obligation in a business transaction, most commonly in construction projects. The total value of gross written premiums and commissions for insurance-backed surety bonds across Europe is projected to reach €3.26 billion by 2019, according to Finaccord.
New research from Accenture (ACN) gives clients a tool to help them derive maximum value from the adoption of digital technologies and power profitable growth. The research – titled “Delivering Digital Dividends: How to Start Making Your Technology Investments Really Pay Off” – identifies the key external factors that organizations need to address to maximize gains from digital technologies they adopt.
As of October 9, IBM’s (IBM) closing price was $147.24 per share. IBM has a market capitalization of ~$134.4 billion. IBM stock is trading 7.1% higher than its 52-week low of $137.45 and nearly 14% lower than its 52-week high of $171.13.
On Oct. 15, the company, which distributes flow meters, injectors, and other fluid-handling pump modules, is going to pay its quarterly dividend. It has a market cap of $10.29 billion and an enterprise value of $10.69 billion. It has a trailing dividend yield of 1.21% and a forward dividend yield of 1.23%, with a payout ratio of 31%.
As of October 9, the analysts from different brokerage firms that track IBM (IBM) stock provided ratings. Of the 24 analysts covering the stock, nine recommended a “buy,” 12 recommended a “hold,” and two recommended a “sell.” One analyst provided an “overweight” recommendation.
In yesterday’s trading, leading technology giant Microsoft (MSFT) fell 5.43%, which was one of its highest declines in the last year. In the graph below, you can see Microsoft’s stock movement compared to its peers. The overall US market is bleeding red, driven by rising interest rates.
Mortgage Cadence to provide Minnesota-based credit union with a comprehensive platform to enable increased growth
Accenture (ACN) today announced that Lt. Gen. Mary Legere, USA (Ret.), a managing director in Accenture Federal Services, has received the Saint Isidore Army Cyber award. Sponsored by the Armed Forces Communications and Electronics Association (AFCEA), the award recognizes individuals who demonstrate exceptional initiative, leadership, insight and cyber excellence within their area of expertise. Legere joined AFS in April 2017 as a managing director in the national defense and intelligence business.
Accenture’s (ACN) board of directors decided to change its existing semi-annual dividend payment policy to a quarterly schedule beginning in the first quarter of fiscal 2020. In the fourth quarter of fiscal 2018, Accenture hiked its semi-annual dividend by 10% to $1.46 per share.
Three-fourths (76 percent) of policing personnel expect that they will need new digital skills to be effective in their roles over the next three to five years, and half (50 percent) are willing to learn new digital skills if they receive the necessary training from their employer, according to findings of a six-country survey released by Accenture (ACN) at the annual conference of the International Association of Chiefs of Police (IACP). However, the 309 respondents – all members of police departments from Australia, France, Germany, Singapore, the U.K. and the U.S. – expressed concerns about the workforce planning currently underway within their organizations, with two-fifths (40 percent) believing that the existing workforce planning and recruitment measures are ineffective.
Accenture has been positioned as highest “Leader” in the new Everest Group PEAK Matrix™ on Open Banking services. The report, Open Banking IT Services: Orchestrating Experiences in the Platform Economy – Services PEAK Matrix™ Assessment 2018, placed Accenture above all other competitors, commending it for its depth and breadth of talent and technology partnerships across the Open Banking value chain....
In order to boost its Industry X.0 platform, Accenture (ACN) acquired Pillar Technology and Mindtribe in the fourth quarter of fiscal 2018. The company also bought Designaffairs during the quarter. The company invested $201 million on acquisitions during the quarter as compared with around $463 million in Q4 2017. The company ended fiscal 2018 having invested nearly $658 million to acquire 13 companies as compared with 36 companies in 2017 for around $1.7 billion.
Accenture (ACN) generated bookings of $10.8 billion in the fourth quarter of fiscal 2018, its highest level in the last eight quarters and second best overall. Bookings for the company grew 7% YoY driven by the 19.8% YoY improvement in consulting bookings. However, they were offset by the 6% drop in its outsourcing bookings.
Microsoft (MSFT) continues to boost investors’ wealth through regular dividend payments and strong share buybacks. The company’s regular dividend payment strategy on a quarterly basis continues to attract investors. In the graph above, we can see the increasing dividend payment trend in the last five years for Microsoft.
Accenture (ACN) continues to drive investors’ returns through strong share buybacks and regular dividend payments. The company paid back around 80% of its free cash flow in 2018 to its shareholders through total capital returns.
The widespread use of automation in recruitment opens up possibilities of AI-powered robots hiring candidates in the near future. Given the continued improvement in the AI market, robotics stocks should be on your watch list.
The Communications, Media, and Technology (or CMT) unit continues to be a lucrative segment for Accenture (ACN). It contributes around 20% of the company’s overall revenue. In the fourth quarter of fiscal 2018, the unit revenue came in at nearly $2.1 billion, up 14.8% YoY. The solid double-digit growth in the software platforms driven by strong demand in North America continues to boost the company’s CMT performance. The telecom sector remains a key catalyst in the company’s CMT unit. ...
Accenture (ACN) witnessed strong growth in various geographic regions in the fourth quarter of fiscal 2018. The company has generated strong business from most of its largest markets. The company expects this trend to continue in Q1 2019.