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Stock Market & Financial Investment News

News Breaks
June 24, 2014
07:06 EDTCNSIUnited Telecommunication Services awarded contract to Comverse
Comverse announced that United Telecommunication Services selected Comverse for a multi-year managed services contract to provide operations and application support services and maintenance for UTS's billing and active customer care solution. In the framework of the agreement, Comverse will provide a range of Managed Services. The onsite lineup will include a team to handle all aspects of the product catalog, workflow, ordering and billing components and more.
News For CNSI From The Last 14 Days
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May 15, 2015
07:13 EDTCNSIAmdocs deal can be up to 30c accretive to EPS, says Stifel
After Amdocs (DOX) agreed to buy Comverse's (CNSI) BSS business for $272M in cash, Stifel says the deal should increase Amdocs' combined operating margins by 50 basis points to 100 basis points, leading to accretion of approximately 15c-30c. The firm keeps a $60 price target and Buy rating on Amdocs.

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