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Stock Market & Financial Investment News

News Breaks
May 9, 2014
07:32 EDTCSCCSC price target raised to $68 from $60 at Stifel
Stifel increased its price target on CSC after the company reported higher than expected adjusted EPS and modestly lower than expected revenue. The firm thinks the company's bookings trend indicates that its revenue will trend higher once certain headwinds diminish. The firm keeps a Buy rating on the shares.
News For CSC From The Last 14 Days
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October 29, 2014
12:58 EDTCSCCSC legal risks increased with new lawsuit, says Wells Fargo
Wells Fargo sees increased legal risks for CSC after the United States Attorney for the Southern District of New York sued the company and the City of New York for Medicaid fraud. Given the legal uncertainty, Wells expects CSC to continue to maintain a "relatively sizable" cash position on the balance sheet for the "foreseeable future." It keeps a Market Perform rating on the stock.
12:56 EDTCSCCSC, City of New York charged with fraud by U.S. Attorney Bharara
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