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Computer Sciences Corp (CSC)

CSC on New York Consolidated

68.02USD
27 Mar 2017
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Latest Key Developments (Source: Significant Developments)

Boston partners reports 9.16 pct passive stake in Computer Sciences as of Dec 31, 2016
Wednesday, 8 Feb 2017 02:12pm EST 

Computer Sciences Corp:Boston partners reports a 9.16 percent passive stake in computer sciences corp as of december 31, 2016- SEC filing.  Full Article

Board of directors named for new company formed from merger of CSC and Hewlett Packard Enterprise
Friday, 3 Feb 2017 08:00am EST 

Computer Sciences Corp : Board of directors named for new company to be formed by the proposed merger of CSC and the enterprise services business of Hewlett Packard Enterprise . Computer Sciences -when proposed merger was announced, companies indicated CSC's Mike Lawrie would become chairman, president and Ceo of combined co . Computer Sciences - new company board appointments have been approved by both HPE and CSC and will join new company board upon closing of merger .Computer Sciences Corp says remaining board appointments were to be split equally between nominees of HPE and existing members of CSC'S board.  Full Article

Computer Sciences Q3 earnings per share $0.21 from continuing operations
Thursday, 2 Feb 2017 04:15pm EST 

Computer Sciences Corp : CSC delivers revenue growth, year-over-year and sequential commercial margin expansion and record adjusted free cash flow in third quarter 2017 . Q3 non-GAAP earnings per share $0.81 from continuing operations excluding items . Q3 earnings per share $0.21 from continuing operations . Q3 earnings per share view $0.70 -- Thomson Reuters I/B/E/S . Sees FY 2017 non-GAAP earnings per share $2.75 to $3.00 from continuing operations . Q3 revenue rose 18.1 percent to $1.046 billion . Q3 revenue view $1.89 billion -- Thomson Reuters I/B/E/S .FY2017 earnings per share view $2.77 -- Thomson Reuters I/B/E/S.  Full Article

Computer Sciences Corp enters into a purchase and sale agreement
Friday, 23 Dec 2016 04:40pm EST 

Computer Sciences Corp : Computer Sciences Corp - both agreements establish a committed, one-year facility with a facility limit of $250 million . Computer Sciences Corp - on Dec. 21, 2016, Computer Sciences Corporation entered into a purchase and sale agreement .Computer Sciences Corp - on December 21, 2016, company also entered into a receivables purchase agreement.  Full Article

Jana Partners LLC cuts sole share stake in CSRA, ups sole share stake in Computer Sciences
Monday, 14 Nov 2016 08:15am EST 

Jana Partners LLC : Jana partners llc - cuts sole share stake in csra inc by 15.5 percent to 4.8 million shares . Jana partners llc - cuts sole series c share stake in liberty broadband corp by 31.0 percent to 6.4 million . Jana partners llc - change in holdings are as of september 30, 2016 and compared with the previous quarter ended as of june 30, 2016 . Jana partners llc - ups sole share stake in computer sciences corp by 52.7 percent to 4.7 million shares . Jana partners llc - takes sole share stake of 1.9 million shares in select medical holdings corp .Jana partners llc - takes sole share stake of 1.3 million class b shares in universal health services inc.  Full Article

CSC reports Q2 earnings per share $0.10 from cont ops
Thursday, 3 Nov 2016 04:15pm EDT 

Computer Sciences Corp - : FY2017 earnings per share view $2.82 -- Thomson Reuters I/B/E/S . CSC delivers revenue growth and sequential commercial margin expansion in second quarter 2017 . Q2 non-GAAP earnings per share $0.61 from continuing operations excluding items . Q2 earnings per share $0.10 from continuing operations . Sees FY 2017 non-GAAP earnings per share $2.75 to $3.00 from continuing operations . Q2 revenue rose 16.2 percent to $1.035 billion . Q2 earnings per share view $0.47 -- Thomson Reuters I/B/E/S .Q2 revenue view $1.86 billion -- Thomson Reuters I/B/E/S.  Full Article

Computer Sciences Corp received commitments to extend maturity date of $2.98 billion amended
Thursday, 29 Sep 2016 05:14pm EDT 

Computer Sciences Corp : Received commitments to extend maturity date of $2.98 billion amended and restated credit agreement dated as of October 13, 2013 . $70 million of the commitments under credit agreement will mature on january 15, 2021 . Says as a result, $2.84 bln of commitments under credit agreement will mature on january 15, 2022 - SEC filing .Computer sciences corp says another $70 million of commitments under credit agreement will mature on January 15, 2020.  Full Article

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

More From Around the Web

Fitch Rates Everett SpinCo 'BBB+' & Upgrades Computer Sciences Corp. to 'BBB+' Ahead of Merger

(The following statement was released by the rating agency) CHICAGO, March 06 (Fitch) Fitch Ratings has assigned the following ratings to Hewlett Packard Enterprises Company's wholly-owned subsidiary, Everett SpinCo, Inc. (Everett): --Long-term Issuer Default Rating (IDR) 'BBB+'; --$1.05 billion senior unsecured notes offering 'BBB+'; --$2 billion senior unsecured term loans 'BBB+'. The ratings have been assigned in anticipation of Everett's merger with Computer Sciences Corporation (CSC), wh