Wabco Posts Mixed Q3 Results; Boosts FY16 EPS Outlook Above Street, Narrows Revenue Guidance Range In Line

Wabco Posts Mixed Q3 Results; Boosts FY16 EPS Outlook Above Street, Narrows Revenue Guidance Range In Line

Wabco Holdings (WBC) reported financial results for Q3, with better-than-expected earnings and revenue that fell short of analysts’ estimates; it raised its fiscal 2016 outlook for earnings and narrowed its guidance range for revenue. The supplier of electronic, mechanical, electro-mechanical and aerodynamic products posted Q3 earnings of $1.54 per share, compared with the prior-year period’s $1.39 per share. Analysts polled by Capital IQ were expecting EPS of $1.48. Revenue was […]

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Accenture to Enable Hess’s Transition to the Cloud

Accenture to Enable Hess’s Transition to the Cloud

Accenture (ACN) has been chosen by Hess (HES) to help realize its As-a-Service vision that is part of the Hess IT transformation strategy. The new cloud-enabled operating model can ramp up or down IT infrastructure and digital technologies during volatile industry cycles. The model is underpinned by Accenture’s cloud services and ecosystem of partners that includes leading public cloud providers. Under the terms of the five-year agreement, Accenture and Hess […]

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