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Accenture Stock Drops as Earnings Outlook Misses Expectations

    Accenture stock fell Thursday after the management consultant and tech company reported revenue that missed Wall Street estimates and provided earnings guidance below consensus. Accenture (ticker: ACN) posted fiscal-fourth-quarter earnings of $2.71 a share on revenue of $15.99 billion. Accenture also said new bookings for the quarter were $16.6 billion, a decrease of 10% from the same period last year.

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