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Stock Market & Financial Investment News

News Breaks
February 20, 2013
18:54 EDTCSCCSC to sell Southeast Asia reseller unit
CSC has reached a definitive agreement with a consortium comprising ITOCHU Techno-Solutions Corporation and ITOCHU Corporation for the sale of CSC's Enterprise Systems Integration unit, a reseller of enterprise hardware and software and a provider of maintenance services with operations in Malaysia and Singapore, for $90M in cash. This transaction, representing CSC's fourth divestiture within the last four months, furthers CSC's transformation strategy to rebalance its portfolio of services. The transaction is expected to close in March.
News For CSC From The Last 14 Days
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August 14, 2014
17:00 EDTCSCGreenlight Capital gives quarterly update on stakes
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August 8, 2014
13:54 EDTCSCCSC sells off on unchanged FY15 outlook, says Wells Fargo
Wells Fargo attributes the pullback today in shares of CSC to the company's unchanged FY15 guidance and uncertainty regarding the pension accounting change's impact on the annual earnings outlook. Wells believes the IT spending environment is tracking lower than most expected entering 2014 and it keeps a Market Perform rating on the stock.
08:21 EDTCSCOptions expected to be active
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August 7, 2014
18:03 EDTCSCCSC, IBM expand alliance to accelerate customers transition to the cloud
Leading technology companies CSC (CSC) and IBM (IBM) announced they are building on their existing alliance with new ways to help global customers accelerate their transition to the cloud. Both companies will collaborate on consulting, apps modernization tools, big data and analytics, cloud and mobile capabilities, and security to create a single, consumable services framework.
16:21 EDTCSCCSC reiterates FY15 EPS view $4.35-$4.55, consensus $4.49
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16:20 EDTCSCCSC reports Q1 EPS $1.03, consensus 94c
Reports Q1 revenue $3.24B, consensus $3.19B.
15:33 EDTCSC Notable companies reporting after market close
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15:31 EDTCSCNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include CBS (CBS), consensus 72c; Consolidated Edison (ED), consensus 54c; Monster Beverage (MNST), consensus 75c; News Corporation (NWSA), consensus 3c; NVIDIA (NVDA), consensus 20c; Computer Sciences (CSC), consensus 94c; CareFusion (CFN), consensus 72c;DeVry Education (DV), consensus 67c; Salix Pharmaceuticals (SLXP), consensus $1.72; Federal Realty (FRT), consensus $1.21; SolarCity (SCTY), consensus (99c); Medivation (MDVN), consensus 24c; Sprouts Farmers Market (SFM), consensus 18c; Alnylam Pharmaceuticals (ALNY), consensus (56c); Lions Gate (LGF), consensus 17c; Mercadolibre (MELI), consensus 56c; Post Holdings (POST), consensus 27c; Assured Guaranty (AGO), consensus 35c; Great Plains Energy (GXP), consensus 41c; Air Lease (AL), consensus 52c; Ubiquiti Networks (UBNT), consensus 51c; SemGroup (SEMG), consensus 35c.

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