Business

Accenture Q4 Tops Estimates on EPS and Revenue

Accenture Q4 Tops Estimates on EPS and Revenue

Accenture (ACN), a professional services provider, reported fiscal Q4 earnings of $1.58 per share, up from $1.48 in the same period a year ago and topping the estimate of $1.56 from analysts polled by CapIQ. For the quarter ended Aug. 31 total revenue of $10.64 billion was up from $9.64 billion in the same period a year ago and exceeded […]

Pandora Media Downgraded to Sector Perform by RBC Amid Sirius Deal

Pandora Media Downgraded to Sector Perform by RBC Amid Sirius Deal

Pandora Media (P) received an investment-rating downgrade to sector perform from outperform from RBC Capital Markets after the music-delivery company said earlier this week it agreed to be acquired by satellite-radio company Sirius XM Holdings (SIRI) in an all-stock deal valued at about $3.5 billion at the time of the announcement. RBC kept its price target on Pandora’s shares at […]