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Tech Stocks Under Review -- Xerox, International Business Machines, Fidelity National Information Services, and AccentureNEW YORK, July 29, 2016 /PRNewswire/ -- In order to keep pace with the rapid advancements of technology and rising demands, firms in the Information Technology Services space are constantly working to enhance efficiencies, reduce spending levels, and expand their offerings. Today, Stock-Callers.com looks at four big companies and how they have fared over the previous weeks: Xerox Corp. (NYSE: XRX), International Business Machines Corp. (NYSE: IBM), Fidelity National Information Services Inc. (NYSE: FIS), and Accenture PLC (NYSE: ACN). Learn more about these stocks by accessing their free notes at: http://stock-callers.com/registration Xerox At the close on Thursday, shares in Norwalk, Connecticut headquartered Xerox Corp. saw a slight decline of 0.90%, ending the day at $9.91. The stock recorded a trading volume of 5.65 million shares. The Company's shares have advanced 9.26% in the last one month and 1.70% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 3.16% and 0.95%, respectively. Moreover, shares of Xerox, which provides business process and document management solutions worldwide, have a Relative Strength Index (RSI) of 57.21. On July 27th, 2016, Industry research firm Everest Group has ranked Xerox as the top Business Process Services (BPS) provider in its "BPS Top 50™" report; the second time in a row the company has placed first. Sign up and read the free notes on XRX at: http://stock-callers.com/registration/?symbol=XRX
Shares in Armonk, New York headquartered International Business Machines Corp. ended the day 0.28% lower at $161.37 and with a total volume of 2.34 million shares traded. In the last month and the previous three months, the stock has gained 10.75% and 10.78%, respectively. Additionally, the Company's shares have advanced 19.60% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.20% and 14.43%, respectively. Furthermore, shares of International Business Machines, which provides information technology products and services worldwide, have an RSI of 63.42. On July 25th, 2016, research firm Standpoint Research downgraded the Company's stock rating from 'Buy' to 'Hold'. On July 26th, 2016, IBM board of directors declared a regular quarterly cash dividend of $1.40 per common share, payable September 10th, 2016 to stockholders of record on August 10th, 2016. With the payment of the September 10th, 2016 dividend, IBM will have paid consecutive quarterly dividends every year since 1916. The complimentary notes on IBM can be accessed at:
On Thursday, shares in Jacksonville, Florida headquartered Fidelity National Information Services Inc. finished 0.53% lower at $80.36 with a total volume of 1.42 million shares traded. The stock has advanced 13.12% in the last one month, 22.80% over the previous three months, and 33.63% since the start of this year. The Company's shares are tradig above their 50-day and 200-day moving averages by 7.71% and 21.63%, respectively. Additionally, shares of Fidelity National Information Services, which offers a range of solutions in retail and enterprise banking, payments, capital markets, asset and wealth management, risk and compliance, treasury, and insurance, have an RSI of 71.55. On July 26th, 2016, FIS reported that its Q2 revenue increased 45.3% to $2.3 billion from $1.6 billion in the prior year quarter. Net earnings from continuing operations attributable to common stockholders were $120 million, or $0.36 per diluted share, compared to $242 million, or $0.85 per diluted share, in the prior year's quarter. Declines in operating income and net earnings were driven by M&A-related items. On July 27th, 2016, research firm RBC Capital Markets reiterated its 'Outperform' rating with an increase of the target price to $89 a share from $80 a share for the Company's stock. Register for free on Stock-Callers.com and access the latest notes on FIS at: http://stock-callers.com/registration/?symbol=FIS
Dublin, Ireland-based Accenture PLC's shares recorded a trading volume of 2.22 million shares at the end of yesterday's session, which was above their three months average volume of 2.09 million shares. The stock closed the day at $112.08, dropping 1.43%. The Company's shares have advanced 1.37% in the last one month and 8.29% on an YTD basis. The stock is trading above its 200-day moving average by 3.51%. Additionally, shares of Accenture, which provides management consulting, technology, and outsourcing services worldwide, have an RSI at 40.90. On July 12th, 2016, research firm Pacific Crest initiated an 'Overweight' rating, issuing a target price of $129 on the Company's stock. On July 21st, 2016, Accenture announced that it has formed a new client informational board that will allow insurers using the Accenture Life Insurance & Annuity Platform to keep up-to-date and engage in informal discussion of new industry compliance requirements. The board will focus on the impacts of the latest releases from the United States Treasury Department and other regulatory bodies on life and annuity contract administration and detection of design trends. Get free access to your notes on ACN at: http://stock-callers.com/registration/?symbol=ACN -- Stock Callers: Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. SC has not been compensated; directly or indirectly; for producing or publishing this document. PRESS RELEASE PROCEDURES: The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way. NO WARRANTY SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. NOT AN OFFERING This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://stock-callers.com/legal-disclaimer/ CONTACT CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. SOURCE Chelmsford Park SA 
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