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For the most part, it looked like Accenture (NYSE: ACN) was weathering the economic storm. But according to the consulting firm's recent quarterly conference call, things drastically changed from December to January.

Just look at the results: Revenues fell 6.6% to $5.66 billion. However, the major flash point was bookings. That is, total bookings dropped 7.1% to $5.98 billion and consulting bookings were down 17% to $3.14 billion.

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Accenture hits a bogie originally appeared on BloggingStocks on Fri, 27 Mar 2009 13:00:00 EST. Please see our terms for use of feeds.

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