) was chosen by Mindshare for providing consumer insight services
for its CORE platform in the United States, Europe and Australia.
This coverage is targeted for proliferation across other regions in
the world too in future.
According to this agreement, Acxiom shall provide its valued
data quality services in a secure manner to Mindshare's CORE
clientele. This shall not only cater to improving Mindshare's
consumer satisfaction but also bolster Acxiom's credibility and
expertise in its marketing and data services segment.
Management of both parties involved expressed their ebullience
on the venture. It would not be too much of a hyperbole to assume
that this venture is the start of a strong and long-term alliance
between two highly reputed organizations in the world
Acxiom recently reported financial results for its fiscal year
2012. While total revenue surged nearly 2% to reach $1.1 billion,
the marketing and data services segment sales jumped almost 5%
annually to reach a whopping $772 million at the end of the fiscal
year. We can be optimistic about witnessing another strong
performance in the upcoming quarter, primarily from this profitable
segment with the current turn of events.
On June 12, 2012,
) received a task order or nearly $20 million from the Internal
Revenue Service (IRS) under the Total Information Processing
Support Services. Acxiom should be wary of such advances made by
its peers in the industry at all times.
The current Zacks Consensus Estimates for the first quarter of
fiscal 2013 and for fiscal 2013 are 10 cents per share and 61 cents
per share, respectively. The company currently retains a Zacks #3
Rank, which translates into a short-term 'Hold' rating. We also
have a 'Neutral' recommendation on the company's stock.
ACXIOM CORP (ACXM): Free Stock Analysis Report
UNISYS (UIS): Free Stock Analysis Report
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