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Technological Developments, Acquisitions, Capacity Expansions, and Quarterly Results Announcements - Research Report on IBM, Accenture, Xerox, ServiceNow, and FIS

Editor Note: For more information about this release, please scroll to bottom


News provided by

Investors' Reports

Aug 09, 2013, 08:00 ET

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NEW YORK, August 9, 2013 /PRNewswire/ --

Today, Investors' Reports announced new research reports highlighting International Business Machines Corporation (NYSE: IBM), Accenture Plc (NYSE: ACN), Xerox Corporation (NYSE: XRX), ServiceNow, Inc. (NYSE: NOW), and Fidelity National Information Services, Inc. (NYSE: FIS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

International Business Machines Corporation Research Report

On August 6, 2013, International Business Machines Corporation (IBM), together with Google, Mellanox, NVIDIA, and Tyan, announced their plans to form the OpenPOWER Consortium, an open development alliance based on IBM's POWER microprocessor architecture. The Companies informed that the Consortium aims to build advanced server, networking, storage, and GPU-acceleration technology, focused on delivering more choice, control, and flexibility to developers of next-generation, hyperscale, and cloud date centers. Further, IBM informed that the Consortium will facilitate the availability of POWER hardware and software to open development for the first time, and will also make POWER IP licensable to others. The Full Research Report on International Business Machines Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-06/IBM]

--

Accenture Plc Research Report

On August 1, 2013, Accenture Plc (Accenture) announced that it has completed its acquisition of Mortgage Cadence, an American provider of loan origination software and electronic document management services. According to Accenture, the acquisition adds an advanced technology platform to strengthen the Company's mortgage business process outsourcing services, and enables the Company to offer software to mortgage lenders to increase their efficiencies and reduce costs. Further, the Company stated that the acquisition would enable Mortgage Cadence to serve as the core loan-origination platform for Accenture Credit Services. The Full Research Report on Accenture Plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-06/ACN]

--

Xerox Corporation Research Report

On August 5, 2013, Xerox Corporation (Xerox) announced that its plans to expand its global toner production capacity in Webster, N.Y, based on approvals from New York State and Monroe County incentives. The Company informed that the project would involve a $35 million investment in the emulsion aggregation (EA) toner plant, and that Xerox will construct two additions to its Webster plant, increase the size from 100,000 square-feet to 155,000 square-feet, and add approximately $26 million in EA toner manufacturing equipment, by February 2015. The Full Research Report on Xerox Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-06/XRX]

--

ServiceNow, Inc. Research Report

On July 31, 2013, ServiceNow, Inc. (ServiceNow) released its Q2 2013 financial results. The Company reported Q2 2013 revenues of $102.2 million, up 80% YoY. GAAP net loss was $21.4 million, or a $0.16 per basic and diluted share, in Q2 2013, compared with GAAP net loss of $8.7 million, or $0.32 per basic and diluted share, in Q2 2012. Commenting on the quarter's performance, Frank Slootman, President and CEO of ServiceNow said, "In the second quarter we added 138 new customers, bringing our cumulative customer count to 1,778 worldwide, achieved a customer renewal rate of 94.2%, and continued to penetrate our installed base with upsells comprising 25% of our total annual contract value signed during the quarter." The Full Research Report on ServiceNow, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-06/NOW]

--

Fidelity National Information Services, Inc. Research Report

On July 30, 2013, Fidelity National Information Services, Inc. (FIS) reported its Q2 2013 financial results. The Company's revenue was up 3.8% YoY to $1.5 billion. GAAP net earnings from continuing operations attributable to common stockholders in Q2 2013 totaled $91 million, or $0.31 per diluted share, compared with $156 million, or $0.52 per diluted share, in Q2 2012. For full-year 2013, FIS expects revenue growth of 4% to 6% YoY, with 3% to 5% YoY organic growth. For full-year 2013, adjusted EPS from continuing operations are expected to be in the range of $2.77 to $2.87. The Full Research Report on Fidelity National Information Services, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-08-06/FIS]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is 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 by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does 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.

SOURCE Investors' Reports

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