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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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February 9, 2016
17:01 EDTCSCCSC sees FY16 adjusted EPS $2.40-$2.60, consensus $2.60
Sees FY16 revenue down mid-single digits, consensus $7.32B.
16:58 EDTCSCCSC reports Q3 non-GAAP EPS 71c, consensus 69c
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14:36 EDTCSCNotable companies reporting after market close
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February 8, 2016
14:20 EDTCSCCSC volatility flat into Q3 and outlook
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February 4, 2016
07:35 EDTCSCCSC called a top value idea for 2016 at Jefferies
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