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January 12, 2006
Top Stories
ACCENTURE REPORTS STRONG FIRST QUARTER...Accenture reported that net revenues for the first quarter of fiscal 2006, ended Nov. 30, 2005, were $4.17 billion, a 12 percent increase over the same period last year. Diluted earnings per share were $0.36, an increase of 20 percent on an options-adjusted basis. Due to discounted share repurchases and redemptions in the first quarter, Accenture revised upward its expectations for EPS for the full fiscal year to the range of $1.52 to $1.57.
INFOSYS THIRD QUARTER PROFIT UP 31%...Infosys Technologies, India's second-largest software developer, reported that its third-quarter profit gained 31 percent. Net income rose to 6.49 billion Indian rupees, or $146 million, in the three months to Dec. 31, from 4.97 billion rupees a year earlier.
NEW CEO AT FEDEX KINKO...Gary Kusin, president and chief executive officer of FedEx Kinko's Office and Print Services, will leave the company at the end of January and be succeeded by Kenneth A. May, executive vice president and chief operating officer.
OPI HITS 1,000-EMPLOYEE MILESTONE...Outsource Partners International, Inc. (OPI), the largest business process outsourcing firm dedicated solely to finance and accounting functions, announced today that it has achieved the major milestone of more than 1,000 employees worldwide.
PLAN NOW F0R THE FORBES/OUTSOURCING CENTER 2006 SPECIAL REPORTS...Forbes and Outsourcing Center are teaming up again in 2006 for two special text/advertising reports focused on best practices in managing outsourcing relationships. The first report is scheduled for the June 5, 2006 issue of Forbes and will close for advertising participation on March 21. The second report will appear in the November 27 issue with a close date of September 11. Participating advertisers receive a text profile or customer case study that will appear in the pages of Forbes magazine, which is read by some 5 million business decisionmakers. For more information and special rates for Outsourcing Alert subscribers, contact Jerry Bowles.
Posted by jbowles at January 12, 2006 03:42 PM
