$MMS (MAXIMUS, Inc.)

$MMS {{ '2016-03-01T14:00:54+0000' | timeago}} • Announcement

$MMS, a provider of government services, said it has closed acquisition of Ascend. Excluding transaction costs, $MMS sees that Ascend will contribute about $13MM in revenue and that it will be neutral to earnings for remainder of its FY16. As result, $MMS still sees FY16 revenue of $2.4-2.5Bil and EPS of $2.40-2.70.

$MMS {{ '2018-01-16T21:43:43+0000' | timeago}} • Announcement

$MMS announced that Richard A. Montoni will retire from his role as CEO effective April 1, 2018. The Board of Directors has selected President Bruce L. Caswell to succeed Mr. Montoni as CEO.

$ACN {{ '2018-01-16T17:33:55+0000' | timeago}} • Announcement

$ACN has opened a new innovation hub in Boston’s Back Bay. The company plans to add 400 highly skilled technology jobs in Boston by the end of 2020, and to expand its US apprenticeship program to Boston. The Boston hub, the second of 10 new innovation hubs Accenture had announced last year, is designed for collaboration and ideation.

$ADS {{ '2018-01-16T15:16:53+0000' | timeago}} • Announcement

$ADS said average receivables for its Card segment totaled $17.7Bil for December, 2017. Net charge-offs came in at $86.8MM and net charge-offs as a percentage of average receivables came in at 5.9% for the month.

$ACN {{ '2018-01-12T12:28:01+0000' | timeago}} • Announcement

Accenture Ventures, a unit of professional services provider $ACN, has forged an ecosystem partnership with Microsoft Accelerator, a program designed for empowering start-ups, to strengthen the start-up ecosystem in India. Under the partnership, the companies will host various start-up events in India to engage with the country’s start-up network.

$MMS {{ '2018-01-11T13:24:10+0000' | timeago}} • Announcement

$MMS has declared a quarterly cash dividend of $0.045 per share on its common stock. The dividend is payable on February 28, 2018, to shareholders of record on February 15, 2018.

$ACN {{ '2018-01-10T13:47:37+0000' | timeago}} • Announcement

Expanding its digital services portfolio further, $ACN subsidiary Accenture Interactive signed an agreement to acquire German firm Mackevision, which provides immersive product content. The financial terms of the deal are not known. The buyout will help Accenture accelerate its ability to envision, create and operate XR solutions for its clients.

$LLL {{ '2018-01-09T19:22:10+0000' | timeago}} • Announcement

$LLL appointed retired U.S. Army Lt. Gen. Patrick J. "Pat" O'Reilly to the newly created role of corporate Vice President of Engineering, effective immediately. In this new position, O'Reilly will report to the company's Chief Technology Officer, Paul DeLia.

$ACN {{ '2018-01-09T15:24:28+0000' | timeago}} • Announcement

$ACN has appointed Eva Sage-Gavin as Senior Managing Director for Talent and Organization practice, effective immediately. She has held leadership positions at Gap, PepsiCo and Xerox. Most recently, Sage-Gavin served Boston Consulting Group as Senior Advisor and was a member of its CEO Advisory practice.

$LLL {{ '2018-01-08T16:06:44+0000' | timeago}} • Announcement

$LLL, which provides electronic systems to multiple industries, appointed Sean Stackley as Corporate VP for Strategic Advanced Programs and Technology. He will report directly to Heidi Wood, SVP for Corporate Strategy and Technology. Previously, Stackley served as Assistant Secretary of the Navy and an advisor to the Under Secretary of Defense.

$ACN {{ '2018-01-08T15:12:49+0000' | timeago}} • Announcement

Professional services company $ACN has completed the acquisition of digital commerce agency Altima, expanding the capabilities of Accenture Interactive in various key markets including France, where Altima is headquartered. The company did not disclose the financial terms of the deal.

$FCN {{ '2018-01-08T14:26:03+0000' | timeago}} • Announcement

Business advisory firm $FCN has appointed Jan Naifeh as Senior Managing Director of its Corporate Finance & Restructuring segment. Most recently, Naifeh served SunTrust Bank as SVP of the Corporate and Investment Banking Special Assets Division. The appointment is part of FTI’s continuing investment in its healthcare industry expertise.

$WEX {{ '2018-01-05T11:51:32+0000' | timeago}} • Announcement

$WEX invited certain prospective lenders to a meeting scheduled for Jan. 8, 2018 for the purpose of considering potential amendments to its credit facility, including a repricing of the company’s existing $1.185Bil Term Loan B and a potential $100MM increase to its Term Loan B.

$ACN {{ '2018-01-05T11:44:36+0000' | timeago}} • Announcement

$ACN has signed a five-year agreement with automotive supplier Faureica, under which the companies will co-invest and work together to enhance innovation for mobility services. The focus areas of the partnership will be cognitive technologies to reinvent the on-board user experience and services to enhance health and wellness.

$WU {{ '2018-01-04T18:27:48+0000' | timeago}} • Announcement

$WU's subsidiary Western Union Financial Services, Inc. agreed to a consent order with the New York Department of Financial Services. This agreement resolves an investigation by NYDFS into deficiencies in compliance programs during 2004-2012. Under the terms, WUFSI will pay a total of $60MM to NYDFS to resolve violations of New York law.

$AKAM {{ '2018-01-04T18:13:47+0000' | timeago}} • Announcement

$AKAM announced the appointment of Fari Ebrahimi as SVP and Chief Information Officer, effective immediately. Mr. Ebrahimi succeeds Kumud Kalia and he will report to CEO Dr. Tom Leighton. Mr. Ebrahimi joins $AKAM from Avaya. He will be based in $AKAM’s corporate headquarters in Cambridge, Massachusetts.

$FCN {{ '2018-01-02T14:27:07+0000' | timeago}} • Announcement

$FCN announced the appointment of Elliot Sloane, former CEO and founder of Sloane & Company, as a Senior Managing Director in the firm’s Strategic Communications segment. Mr. Sloane will report to Brian Kennedy, the segment’s Head of the Americas.

$EBAY {{ '2017-12-26T12:34:14+0000' | timeago}} • Announcement

$EBAY completes the acquisition of data analysis firm Terapeak, which was announced on Dec. 13th, 2017. The Terapeak team has joined eBay’s B2C Selling and Seller Experience groups.

$ACN {{ '2017-12-21T18:19:14+0000' | timeago}} • Webcast

$ACN plans to return about $4.3Bil to shareholders through dividends and share buybacks in FY18, and expects to reduce outstanding shares by 1%. With more acquisitions in the pipeline, Accenture expects FY18 to witness a 2.5-3% inorganic revenue contribution. According to the company, the US tax legislation will have minimal impact on its finances.

$CACI {{ '2017-12-21T17:45:08+0000' | timeago}} • Announcement

$CACI received a blanket purchase agreement (BPA) to provide support services to the Drug Enforcement Administration (DEA). This BPA represents continuing work for CACI in its Business Systems market area.

$ACN {{ '2017-12-21T17:44:12+0000' | timeago}} • Webcast

$ACN is strengthening its marketing capabilities by investing to scale intelligent marketing operations. AI is being incorporated increasingly into clients’ businesses across every function and process. The company expects to record a non-cash expense of up to $500MM in FY18, to reflect the impact of lower tax rates on its US deferred tax assets.

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