Warren Buffett shrugged off market tremors Monday as the legendary investor laid out his bullish outlook on the U.S. economy and the stock market, talking down geopolitical turmoil and maintaining a positive outlook on holdings like International Business Machines Corp. (NYSE:IBM) and H.J. Heinz. International Business Machines Corp. (NYSE:IBM) stock opened at $183.33 in last session, and closed at $184.26, while the day range of International Business Machines Corp. (NYSE:IBM) stock is $182.82 – $184.64. The stock showed a positive weekly performance of 0.44%.
Xerox Corp. (NYSE:XRX) was upgraded by research analysts at Ned Davis Research from a “neutral” rating to a “buy” rating in a report released on Monday, Analyst Ratings Network.com reports. Xerox Corp (NYSE:XRX) stock opened at $10.92 in last session, and closed at $10.87 by losing -1.09%. The 52 week range of $8.01 – $12.65. Company’s market capitalization is $13.15 billion.
Management solutions provider Accenture plc (NYSE:ACN) recently announced a strategic alliance with IPsoft to boost its automation capabilities. IPsoft’s IPcenter is intended for companies that have an extensive IT infrastructure. With the integration of IPcenter into its own IT services toolset, Accenture will be able to reduce service costs and generate greater value for its clients. Accenture Plc (NYSE:ACN) stock decreased -1.02% and finished the last session at $$82.50. The EPS of the stock remained 5.02. Company’s market capitalization is $52.53 billion.
Fidelity National Information Services (NYSE:FIS) was selected by Microsoft as a partner in the fight against cybercrime. The two companies will focus on making Internet-based banking and payments transactions safer for businesses and their customers. Fidelity National Information Services (NYSE:FIS) stock opened the session at $55.00, and closed the session at $55.23. The 52 week range of the Fidelity National Information Services (NYSE:FIS) stock remained $36.87 – $56.20 and the day range was $54.57 – $55.50.