Financial Results, Appointments, Mergers, Re-naming of Company, and New Products - Research Report on Accenture, AT&T, Applied Materials, Broadcom, and E2open
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NEW YORK, October 2, 2013 /PRNewswire/ --
Today, Investors' Reports announced new research reports highlighting Accenture plc (NYSE: ACN), AT&T Inc. (NYSE: T), Applied Materials, Inc. (NASDAQ: AMAT), Broadcom Corporation (NASDAQ: BRCM), and E2open Inc. (NASDAQ: EOPN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Accenture plc Research Report
On September 26, 2013, Accenture plc (Accenture) reported its Q4 FY 2013 and full-year FY 2013 financial results (period ended August 31, 2013). The Company's revenue increased 3.2% YoY to $7.5 billion during the quarter, and increased 2.1% YoY to $30.4 billion for full-year FY 2013. Net income attributable to Accenture was $671.0 million or $1.01 per diluted share, in Q4 FY 2013, compared to $578.3 million or $0.88 per diluted share, in Q4 FY 2012. Meanwhile, net income attributable to Accenture was $3.3 billion or $4.93 per diluted share, in full-year FY 2013, compared to $2.6 billion or $3.84 per diluted share, in full-year FY 2012. Pierre Nanterme, Accenture's Chairman and CEO, said, "Quarterly revenues were above our guided range, and we are particularly pleased with double-digit revenue growth in our Health & Public Service operating group, as well as improved performance in both Resources and Communications, Media & Technology. For the full fiscal year we once again increased market share, delivered record new bookings, achieved double-digit EPS growth, expanded operating margin and generated strong free cash flow." For FY 2014 the Company expects diluted EPS to be in the range of $4.42 to $4.54. The Full Research Report on Accenture plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-29/ACN]
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AT&T Inc. Research Report
On September 27, 2013, AT&T Inc. (AT&T) announced the appointment of Beth Mooney, the current Chairman and CEO of KeyCorp, to the Company's Board of Directors. According to the Company, Ms. Mooney will serve on the Corporate Development and Finance Committee of AT&T's Board of directors. Randall Stephenson, AT&T's Chairman and CEO said, "Beth is an exceptional executive and will be a great addition to our board, Her outstanding record of leadership, management expertise and accomplished career in the financial services industry will be invaluable to us." In a separate announcement, on the same date, AT&T declared a quarterly cash dividend of $0.45 per share on the Company's common shares, payable on November 1, 2013, to stockholders of record at the close of business on October 10, 2013. The Full Research Report on AT&T Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-29/T]
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Applied Materials, Inc. Research Report
On September 24, 2013, Applied Materials, Inc. (Applied Materials) and Tokyo Electron Limited (Tokyo Electron) announced a definitive agreement to create a new innovator in semiconductor and display manufacturing technology via an all-stock combination which values the new combined company at c.$29 billion (¥2.8 trillion). According to Applied Materials, the combination (unanimously approved by the Boards of Directors of both companies) brings together complementary technologies and products to create an expanded set of capabilities in precision materials engineering and patterning that are strategically important for customers. The Company further stated that under the terms of the agreement, Tokyo Electron shareholders will receive 3.25 shares of the new company for every Tokyo Electron share held, and shareholders of Applied Materials will receive 1 share of the new company for every Applied Materials share held. The Company informed that after the close, Applied Materials shareholders will own approximately 68% of the new company and Tokyo Electron shareholders approximately 32%. Applied Materials expects the transaction to close in mid to H2 2014. The Full Research Report on Applied Materials, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-29/AMAT]
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Broadcom Corporation Research Report
On September 26, 2013, Broadcom Corporation (Broadcom) announced the launch of a new line of wireless chips, which is intended to be used in automotive infotainment applications. According to Broadcom, its new wireless automotive chips will allow drivers and passengers to sync and stream content from mobile devices to the car's infotainment system and rear-seat displays. Further, Broadcom said that the chips enable high-speed connectivity beyond the vehicle, serving Internet and cloud content via LTE telematics or directly from a Hot Spot connection. Rahul Patel, Broadcom's Vice President of Wireless Connectivity, said, "Broadcom is delivering our proven expertise and leadership in wireless connectivity to the automotive market. By providing the same technology and roadmap associated with the fast-moving mobile ecosystem, the possibilities enabled by our new wireless automotive chips are endless." The Full Research Report on Broadcom Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-29/BRCM]
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E2open Inc. Research Report
On September 26, 2013, E2open Inc. (E2open) announced that icon-scm AG has been officially renamed to E2open AG. According to the Company, this change is part of a larger effort to bring icon-scm and E2open's integrated solutions to market faster and deliver greater value to current and potential customers and partners in Germany. The Company also informed that the icon-scm AG office in Karlsruhe will become E2open AG headquarters in Germany. The Full Research Report on E2open Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investorsreports.com/report/2013-09-29/EOPN]
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