$GB (Greatbatch, Inc.)

$GB {{ '2016-02-24T15:17:11+0000' | timeago}} • Announcement

$GB said its BoD has approved the spin-off of QiG Group, which will convert into Nuvectra Corp. prior to the completion of the spin-off, in the form of a tax-free pro rata dividend involving the distribution of all of the outstanding shares of Nuvectra common stock to holders of $GB common stock.

$XRX {{ '2018-01-19T17:33:21+0000' | timeago}} • Announcement

$XRX said Dan Cooper will lead Global Imaging Systems (GIS), a $XRX company. Cooper will report to Mike Feldman, president, North America Operations, Xerox, and is replacing Tom Salierno who is retiring in April.

$PLXS {{ '2018-01-17T21:53:35+0000' | timeago}} • Announcement

$PLXS said it expects 2Q18 revenues to be in the range of $670MM to $710MM.  Excluding any potential effect of the tax reform, second quarter GAAP EPS is forecasted in the $0.68-$0.78 range, on gross margins of 4.3-4.7%. Cash outflows are estimated to be between $30MM and $50MM. In fiscal 2018, free cash flow is anticipated to exceed $100MM.

$PLXS {{ '2018-01-17T21:42:46+0000' | timeago}} • Announcement

$PLXS, a tech firm in the electronics industry, slipped into the negative territory in 1Q18 reporting a loss of $2.93 per share, compared to profit $0.82 per share a year earlier. The results were impacted by an expense related to the US tax reform. On a non-GAAP basis, Plexus reported earnings of $0.75 per share. Revenues advanced 7% to $677MM.

$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.

$AQUA {{ '2018-01-10T13:54:54+0000' | timeago}} • Announcement

$AQUA, which provides water treatment solutions, has appointed Peter Wilver to its board of directors. Wilver, a former senior executive at $TMO, most recently served as Thermo Fisher's EVP and Chief Administrative Officer. Earlier, he held financial management roles at various industrial companies including GE, Honeywell and Grimes Aerospace.

$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.

$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.

$TMO {{ '2018-01-09T12:43:22+0000' | timeago}} • Announcement

$TMO, a leading medical technology company, has signed an agreement with life sciences firm $ILMN, under which Thermo Fisher will provide Illumina with Ion AmpliSeq technology. The tie-up will help Illumina effectively sell Ion AmpliSeq technology to researchers engaged in scientific studies on its next-generation sequencing (NGS) platforms.

$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.

$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.

$WSO {{ '2018-01-02T13:05:39+0000' | timeago}} • Announcement

$WSO declared a regular quarterly cash dividend of $1.25 on each outstanding share of its Common and Class B common stock. The cash dividend is payable on Jan 31, 2018 to shareholders of record at the close of business on Jan 16, 2018.

$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.

$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.

$ACN {{ '2017-12-21T17:21:09+0000' | timeago}} • Webcast

$ACN said strong double-digit growth in the Digital Cloud and Security divisions continues to be its main growth drivers. The company intends to invest $1.1-1.4Bil in acquisitions in fiscal 2018. Going forward, Accenture Digital will be focused on the key areas of Accenture Interactive, Accenture Industry X.O and Accenture Applied Intelligence.

$ACN {{ '2017-12-21T14:14:39+0000' | timeago}} • Announcement

$ACN Accenture plc Earnings AlphaGraphic: Q1 2018 Highlights

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