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Computer Sciences Corp (CSC.N)

CSC.N on New York Stock Exchange

52.90USD
28 Sep 2016
Change (% chg)

$0.80 (+1.54%)
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$52.10
Open
$51.99
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$52.99
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$51.77
Volume
658,668
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501,999
52-wk High
$52.99
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$24.93

Latest Key Developments (Source: Significant Developments)

Glenview Capital reports 5.26 pct passive stake in Computer Sciences Corp
Friday, 2 Sep 2016 04:25pm EDT 

Computer Sciences Corp : Glenview Capital Management,LLC reports 5.26 percent passive stake in Computer Sciences Corp as of August 23 - SEC filing Source: (http://bit.ly/2c10XoA) Further company coverage: [CSC.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

CSC: Lizabeth Zlatkus appointed to the board
Wednesday, 10 Aug 2016 04:30pm EDT 

Computer Sciences Corp : CSC Board announces new board member and declares quarterly cash dividend . Sets regular quarterly dividend of $0.14per share . Says Lizabeth H. Zlatkus appointed to the board .Says Zlatkus was a member of Hewlett Packard Financial Services board of advisors.  Full Article

Computer Sciences Q1 earnings per share view $0.45, revenue view $1.91 billion -- Thomson Reuters I/B/E/S
Monday, 8 Aug 2016 04:15pm EDT 

Computer Sciences Corp : Q1 non-GAAP earnings per share $0.53 from continuing operations excluding items . Q1 loss per share $0.15 from continuing operations . Q1 earnings per share view $0.45 -- Thomson Reuters I/B/E/S . Q1 revenue view $1.91 billion -- Thomson Reuters I/B/E/S . CSC delivers revenue growth and commercial margin expansion in first quarter 2017 . Sees FY 2017 non-GAAP earnings per share $2.75 to $3.00 from continuing operations . Q1 revenue rose 14.1 percent to $1.049 billion . "merger with enterprise services segment of hewlett packard enterprise is progressing as planned with a targeted close of late March 2017" . Q1 earnings per share view $0.45, revenue view $1.91 billion -- Thomson Reuters I/B/E/S .FY2017 earnings per share view $2.83 -- Thomson Reuters I/B/E/S.  Full Article

CSC and Racemi form strategic collaboration
Thursday, 2 Jun 2016 04:30pm EDT 

Computer Sciences Corp - : CSC and Racemi form strategic collaboration to accelerate enterprise migration to cloud .Under terms of agreement, CSC will make an investment in Racemi to accelerate development of Dynacenter.  Full Article

S&P affirms Hewlett Packard Enterprise's 'BBB' rating
Wednesday, 25 May 2016 08:30am EDT 

S&P:Hewlett Packard Enterprise Co. 'BBB' rating affirmed on planned Enterprise Services business divestiture; outlook stable.  Full Article

HPE says "Deal is expected to be completed by March 2017" - CEO Meg Whitman on CSC merger
Tuesday, 24 May 2016 06:26pm EDT 

: Hewlett Packard Enterprise Co says "Equity stake in the new company of $4.5 bln or a 50 pct stake" - CEO MEG WHITMAN on CSC merger . Hewlett Packard Enterprise Co says "Deal is expected to be completed by March 2017" - CEO Meg Whitman on CSC merger . Hewlett Packard Enterprise Co says "Expect $900 mln in seperation charges regarding CSC merger, of which $300 mln in FY 2016" - Tim Stonesifer, CFO . Mike Lawrie, CEO of CSC says "CSC and HPE will have long term agreements in place to ensure current customer commitments are fulfilled"- HPE conf call . Hewlett Packard Enterprise Co says "To finance sepration charges, we will reduce the 2015 restructuring costs by about $1 billion" - Conf Call Source - HPE Q2 Conference Call Further company coverage: [HPE.N] (Bengaluru Newsroom; +1 646 223 8780).  Full Article

Computer Sciences Corp posts adj profit of 73 cents/ share
Tuesday, 24 May 2016 05:09pm EDT 

Computer Sciences Corp : Qtrly revenue $1.81 billion versus $1.91 billion . Q4 revenue view $1.80 billion -- Thomson Reuters I/B/E/S . Fy2017 earnings per share view $2.78 -- Thomson Reuters I/B/E/S . CSC delivers solid results in fourth quarter and fiscal year 2016 . Q4 non-gaap earnings per share $0.73 excluding items . Q4 loss per share $0.73 from continuing operations . Q4 earnings per share view $0.68 -- Thomson Reuters I/B/E/S .Sees FY 2017 Non-GAAP earnings per share $2.75 to $3.00 from continuing operations.  Full Article

HP Enterprise to merge enterprise unit with Computer Sciences
Tuesday, 24 May 2016 04:01pm EDT 

Hewlett Packard Enterprise Co : Transaction will deliver HPE shareholders approximately $8.5 billion in expected after-tax value in stock-for-stock exchange . Transaction includes an equity stake in newly combined company valued at more than $4.5 billion . Says Affirms Fiscal 2016 Non Gaap diluted net earnings per share (EPS) outlook of $1.85 to $1.95 . Hewlett Packard Enterprise co says updates fiscal 2016 GAAP diluted net EPS outlook to $1.68 to $1.78 . Says Mike Lawrie to become chairman, president and CEO of new company, Meg Whitman to join board . For fiscal 2016 Q3, Hewlett Packard Enterprise estimates non-gaap diluted net EPS to be in range of $0.42 to $0.46 . For fiscal 2016 Q3, Hewlett Packard Enterprise estimates GAAP diluted net EPS to be in range of $1.10 to $1.14 . Hewlett Packard Enterprise says board will be split 50/50 between directors nominated by HPE and CSC; Mike Nefkens to join new company's executive team . For fiscal 2016, Hewlett Packard Enterprise estimates non-gaap diluted net EPS to be in range of $1.85 to $1.95 . For fiscal 2016, Hewlett Packard Enterprise estimates gaap diluted net EPS to be in range of $1.68 to $1.78 . Q3 earnings per share view $0.48 -- Thomson Reuters I/B/E/S . Fy2016 earnings per share view $1.88 -- Thomson Reuters I/B/E/S . HPE shareholders will own approximately 50 percent of new combined company . Mike Lawrie to become chairman, president and cEo of new company, Meg Whitman to join board.  Full Article

Computer Sciences Corp announces Aspediens acquisition
Monday, 23 May 2016 08:00am EDT 

Computer Sciences Corp : Aspediens transaction is expected to close June 30, 2016, subject to customary closing conditions . Aspediens to join CSC Servicenow practice within fruition partners, a CSC company and global Servicenow platform that also includes UXC keystone .CSC announces Aspediens acquisition, adding European leader to global Servicenow practice.  Full Article

Computer Sciences sets quarterly dividend of $0.14/shr
Tuesday, 17 May 2016 04:30pm EDT 

Computer Sciences Corp :Sets regular quarterly dividend of $0.14per share.  Full Article

EU mergers and takeovers (Sept 14)

BRUSSELS, Sept 14 The following are mergers under review by the European Commission and a brief guide to the EU merger process: