Key Developments: Unisys Corp (UIS)
18.76USD
22 May 2013
$-0.02 (-0.11%)
$18.78
$18.75
$18.97
$18.51
539,957
623,904
$24.73
$14.40
Latest Key Developments (Source: Significant Developments)
Unisys Corp Declares Preferred Stock Dividend
Unisys Corp announced a dividend of $1.5625 per share on the Company's outstanding 6.25% Mandatory Convertible Preferred Stock, Series A. The preferred stock dividend is payable June 1, 2013 to stockholders of record on May 15, 2013. Full Article
TravelSky Selects Unisys Corp's Unisys AirCore to Modernize Passenger Sales and Service for China's Airlines
Unisys Corp announced that TravelSky, the provider of information technology solutions for China's air travel and tourism industry, has awarded a contract to Unisys China for the Unisys Airline Core Systems Solutions (AirCore) passenger system. TravelSky, which operates the reservations, inventory and departure control systems used by China's air carriers, will use Unisys AirCore to streamline and modernize passenger sales and service (PSS) applications for its airline clients. The multi-year deal, signed in December 2012 after a competitive review, covers the first phase of TravelSky's modernization program to replace its inventory and flight information applications as well as provide customer-centric capabilities for its hosted airline clients. Full Article
Unisys Corp Issues FY 2013 Pre-Tax Profit Guidance Above Analysts' Estimates-Conference Call
Unisys Corp announced that for fiscal 2013, it expects pre-tax profit of $350 million. According to I/B/E/S Estimates, analysts are expecting the Company to report Pre-tax profit of $299 million for fiscal 2013. Full Article
Vietnam Airlines Renews Contract With Unisys Corp For Customer Loyalty Solution Supporting Golden Lotus Plus Frequent Flyer Program
Unisys Corp announced that it has been awarded a contract with Vietnam Airlines to upgrade to the latest version of the Unisys Customer Loyalty Solution (CLS). The upgrade will provide a range of enhanced customer services to support the airline's rapidly growing Golden Lotus Plus frequent flyer program. Under the contract, Unisys will upgrade the Customer Loyalty Solution from version 4.1 to version 4.3 and provide support for three years. The renewal builds on a 12-year relationship between Unisys and Vietnam Airlines. Full Article
Unisys Corp Announces $50 Million Stock Repurchase Authorization
Unisys Corp announced that Board of Directors has provided authorization to enable the Company to purchase up to an aggregate of $50 million of the Company's common stock and mandatory convertible preferred stock through December 31, 2014 . Under the authorization, the Company can repurchase shares in the open market, which may include the use of 10b5-1 plans, or through privately negotiated transactions. The timing of repurchases, if any, will depend upon several factors, including market and business conditions. Share repurchases may be suspended or discontinued at any time. Full Article
Unisys Corp Declares Preferred Stock Dividend
Unisys Corp announced that the Board of Directors has declared a dividend of $1.5625 per share on the Company's outstanding 6.25% Mandatory Convertible Preferred Stock, Series A. The preferred stock dividend is payable March 1, 2013 to stockholders of record on February 15, 2013. Full Article
Unisys Corp Declares Preferred Stock Dividend
Unisys Corp announced that the board of directors has declared a dividend of $1.5625 per share on the Company's outstanding 6.25% Mandatory Convertible Preferred Stock, Series A. The preferred stock dividend is payable December 1, 2012 to stockholders of record on November 15, 2012. Full Article
Unisys Corp Announces Completion of Public Offering of Senior Notes
Unisys Corp announced that it has completed its previously announced offering of $210,000,000 of senior notes (the Notes). The Notes have a coupon of 6.25% and will mature on August 15, 2017. The offering was made under the Company's existing shelf registration statement filed with the Securities and Exchange Commission. The Company will use the net proceeds from this offering to redeem, on September 20, 2012, all $183.1 million of its outstanding 12 ¾% senior secured notes due 2014 in accordance with the provisions of those notes. Citigroup Global Markets Inc. acted as book-running manager for the offering. HSBC and RBS acted as co-managers for the offering. Full Article
Unisys Corp Announces Pricing of Public Offering of Senior Notes
Unisys Corp announced that it has priced an offering of $210,000,000 of senior notes (the Notes). The Notes will have a coupon of 6.25% and will mature on August 15, 2017. Interest on the Notes will be payable semi-annually in arrears on February 15 and August 15 of each year, commencing on February 15, 2013. The closing is expected to occur on August 21, 2012, subject to customary closing conditions. Unisys intends to use the net proceeds from this offering to redeem all of the Company's outstanding 12 ¾% senior secured notes due 2014, including payment of accrued interest and premium. Citigroup Global Markets Inc. is serving as book-running manager for the offering. Full Article
Unisys Corp Announces Public Offering Of Senior Notes
Unisys Corp announced that it has commenced a public offering of $210,000,000 of senior notes. Actual terms of the notes, including interest rate and final principal amount, will depend on market conditions at the time of pricing. Unisys intends to use the net proceeds from this offering to redeem all of the Company's outstanding 12 ¾% senior secured notes due 2014, including payment of accrued interest and premium. Citigroup Global Markets Inc. is serving as book-running manager for the offering. Full Article
BRIEF-Unisys shares climb after results
NEW YORK, Jan 29 - Unisys Corp : * Shares climb 11 percent in extended trade after results
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