Overstock Back on Solid Footing With Help from KPMG

We had blogged earlier about Overstock.com, which had changed three auditors in 2008-2009, from PricewaterhouseCoopers to Grant Thornton to KPMG, all in a space of about a year, and been in trouble with Nasdaq for filing unaudited financials...

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Accenture Stock (ACN) Drops to 1 Cent for 2 Minutes!!

Google Finance Chart for ACN

At 14:48 PM today New York time, Accenture stock (NYSE:ACN) dropped to 1 cent per share.

At 14:46 PM the stock was trading at $40 per share, and after this momentary drop to 1 cent, the stock jumped back again at 14:50 PM to $40 per share...

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Capgemini Q1-2010 Results Very Encouraging, Pleasing Investors

Capgemini Group just released its Q1-2010 earnings report today with revenues of €2,052 million, exactly same as Q4-2009 revenue of €2,049 million, and somewhat better than what the company had indicated earlier on this year, however, they were 6.9% lower than Q1-2009 revenues of €2,205 million....

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Accenture Stock Holding Up, Tremendous Operating Performance

Accenture (NYSE:ACN) stock has performed extraordinary well over this credit crisis and against the sinking global stockmarket. In 2008, the Accenture stock fell only 7.6%, 30% better than its industry and 31% better than the S&P500 index. At the current price of $31.56, the stock has been fairly flat compared to its level in January 2008. In the same period, the S&P500 has dropped by around 40% and continued its fall in January 2009 by another 9%...

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