Jun 28, 2013

Posted by in Featured, Stock Market News | 0 Comments

Hot Stocks Alert: Accenture PLC (NYSE:ACN) and Adobe Systems Inc. (NASDAQ:ADBE)

Hot Stocks Alert: Accenture PLC (NYSE:ACN) and Adobe Systems Inc. (NASDAQ:ADBE)

Adobe Systems Inc. (NASDAQ:ADBE) declared that it would purchase privately-held Neolane, a cross-channel campaign management technology firm, in a bid of $600 million in cash, to enhance the Photoshop software maker’s digital marketing potential.

Adobe, which is also recognized for its Illustrator design software for creative professionals and web marketers, is moving into the sector for digital marketing services, with tools to step and manage data collected from social sites, buying and page views.

Paris, France-based Neolane integrates online and offline marketing data, performs audience segmentation and delivers marketing messages throughout different channels. Neolane will become a sixth solution in the Adobe Marketing Cloud, Adobe rpeorted.

Accenture PLC (NYSE:ACN) announced that its third-quarter profit jumped up 18%, as the consulting company saw superior revenue from its financial services and health and public services divisions.

Though, shares tumbled 5.5% in the late trading session, to $75.81, following the firm declined its complete year revenue guidance and reported quarterly revenue lower than its outlook. As of Thursday’s ending, the stock was higher 21%, so far this year.

For the quarter concluded on May 31, Accenture declared a profit of $810.3 million, or $1.21 a share, higher, as compared to $689.2 million, or $1.03 a share, a year ago.

Omitting a benefit linked to a cut back in reorganization liabilities, the firm’s per-share earnings came in at $1.14. Experts were looking for a profit of $1.13 a share.

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