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Computer Sciences Corp (CSC.N)

CSC.N on New York Stock Exchange

51.57USD
23 Sep 2016
Change (% chg)

$-0.30 (-0.58%)
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Fri, Sep 2 2016

BRIEF-Glenview Capital reports 5.26 pct passive stake in 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:

BRIEF-CSC: Lizabeth Zlatkus appointed to the board

* CSC Board announces new board member and declares quarterly cash dividend

BRIEF-Computer Sciences Q1 earnings per share view $0.45, revenue view $1.91 billion -- Thomson Reuters I/B/E/S

* Q1 non-GAAP earnings per share $0.53 from continuing operations excluding items

BRIEF-Computer Sciences enters amendment no. 2 to credit agreement

* Entered amendment no. 2 to credit agreement to credit agreement, dated as of October 11, 2013

BRIEF-CSC and Racemi form strategic collaboration

* CSC and Racemi form strategic collaboration to accelerate enterprise migration to cloud

Fitch Affirms Computer Sciences' Rating on Merger with HPE's Enterprise Services; Outlook Stable

(The following statement was released by the rating agency) CHICAGO, May 26 (Fitch) Fitch Ratings has affirmed the ratings for Computer Sciences Corporation (CSC), including the 'BBB' Long-Term Issuer Default Ratings (IDR), on its plan to merge with Hewlett Packard Enterprise's (HPE) information technology (IT) services segment, Enterprise Services (ES). Fitch's actions affect $5.1 billion of total debt, including the undrawn $2.5 billion revolving credit facility (RCF). The Rating Outlook

HP Enterprise to merge IT services unit with Computer Sciences

Hewlett Packard Enterprise Co said it would spin off and merge its struggling IT services business with Computer Sciences Corp, allowing the company to focus on its cloud services business and other fast-growing units.

HP Enterprise unit's merger with CSC no shield from cloudburst

Hewlett Packard Enterprise Co's planned merger of its struggling IT services business with Computer Sciences Corp could generate considerable savings, but it won't stop customers from defecting to cloud services.

BRIEF-Computer Sciences Corp posts adj profit of 73 cents/ share

* Fy2017 earnings per share view $2.78 -- Thomson Reuters I/B/E/S

HP Enterprise to merge enterprise unit with Computer Sciences Corp

May 24 Hewlett Packard Enterprise Co said on Tuesday it plans to spin off and merge its enterprise services business with Computer Sciences Corp.

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