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March 30, 2006
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ACCENTURE REVENUES UP FOR QUARTER...Accenture reported net revenues for the second quarter, ended Feb. 28, 2006, of $4.10 billion, a 13 percent increase in local currency. GAAP diluted earnings per share were $0.11, including a pre-tax provision for future losses of $450 million related to the company's future deployment of systems for the National Health Service (NHS) in England. Absent the impact of the NHS provision, EPS were $0.38, above the company's previously stated expectations. Outsourcing net revenues were $1.64 billion, or 40 percent of net revenues, an increase of 13 percent in local currency and 8 percent in U.S. dollars.
PAYCHEX REPORTS RECORD QUARTER...Paychex, Inc. announced record net income of $114.5 million, or $0.30 diluted earnings per share, for the three months ended February 28, 2006, a 23% increase over net income of $92.8 million, or $0.24 diluted earnings per share, for the third quarter last year. Total revenues were $430.6 million, a 15% increase over $373.9 million for the same period last year.
PRUDENTIAL CAPITAL FUNDS OASIS OUTSOURCING...Prudential Capital Partners has provided $18 million of mezzanine and equity financing to Oasis Outsourcing, Inc., located in West Palm Beach, Fla., one of the largest professional employer organizations (PEOs) in the United States.
SYMPHONY CERTIFIED GOLD BY MICROSOFT...Symphony Services has attained Gold Certified Partner status in the Microsoft Partner Program with competencies in Custom Development Solutions and Data Management Solutions, recognizing Symphony’s expertise and impact in the technology marketplace.
Posted by jbowles at March 30, 2006 03:33 PM