$CSC (Computer Sciences Corporation)

$CSC {{ '2016-05-25T14:57:54+0000' | timeago}} • Webcast

$CSC said for 2016 revenue was $7.1Bil, down 6.7% in constant currency. Commercial operating income adjusted for separation, restructuring and other transaction costs was $660MM, and adjusted commercial operating margin was 9.3% for the year, which was flat with the prior year. Non-GAAP EPS from continuing operations was $2.52 for the year.

$CSC {{ '2017-04-03T12:22:18+0000' | timeago}} • Announcement

$CSC and the Enterprise Services Division of $HPE complete merger to form DXC Technology Co., effective April 1, 2017. DXC Technology will begin trading on the NYSE under $DXC ticker on April 3, 2017. Beginning April 3, DXC Technology will become a member of the S&P 500 index.

$CSC {{ '2017-03-28T12:52:24+0000' | timeago}} • Announcement

$CSC said its shareholders have voted to approve the company's proposed merger with the Enterprise Services business of $HPE. The proposed merger, which was announced in late May 2016, will create the world's leading independent, end-to-end IT services company.

$CSC {{ '2017-03-28T12:27:30+0000' | timeago}} • Announcement

$CSC shareholders have approved its proposed merger with the Enterprise Services business of $HPE.

$CSC {{ '2017-03-20T10:51:30+0000' | timeago}} • Announcement

$CSC BoD declared a regular quarterly dividend of $0.14 per share on the company's common stock. The dividend will be paid on April 3, 2017 to stockholders of record at the close of business on March 29, 2017.

$CSC {{ '2017-02-07T14:42:55+0000' | timeago}} • Announcement

$CSC entered into a new agreement with Exova Metech, a calibration and metrology company. Over next 7 years, $CSC will manage the entire IT infrastructure and support their transformation journey toward next generation IT, supporting the core business strategy of Exova Metech.

$CSC {{ '2017-02-03T19:54:49+0000' | timeago}} • Announcement

$CSC and $HPE named the BoD of the company that will be formed by the proposed merger of CSC and the Enterprise Service Business of HPE. The new company is expected to debut on April 3, 2017. The new company is expected to have annual revenues of $26Bil with more than 5,900 clients in 70 countries.

$CSC {{ '2017-02-03T14:51:39+0000' | timeago}} • Announcement

$CSC and $HPE named the BoD of the company that will be formed by the proposed merger of $CSC and the Enterprise Services Business of $HPE. The merger proposal was announced on May 24, 2016, with the new company expected to debut on April 3, 2017.

$CSC {{ '2016-12-15T14:30:53+0000' | timeago}} • Announcement

$CSC said its BoD declared a regular quarterly dividend of $0.14 per share on its Common Stock. The dividend will be paid on January 25, 2017 to stockholders of record on January 4, 2017.

$HPE {{ '2016-11-22T22:05:50+0000' | timeago}} • Webcast

$HPE, which spun off its Enterprise Services business and merged it with $CSC, said that it sold H3C business in China and MphasiS. The company also spin off its Enterprise Services business and merged it with $CSC and spin off its software business and merged it with Micro Focus. These transactions are valued at over $20Bil.

$CSC {{ '2016-08-30T06:25:31+0000' | timeago}} • Announcement

IT and professional services provider $CSC said its businesses, UXC Keystone, Fruition Partners, and Aspediens will combine to form a leading global ServiceNow practice. With operations across North America, UK, Europe, Australia and New Zealand, the practice will operate under the Fruition Partners brand.

$CSC {{ '2016-08-11T07:46:04+0000' | timeago}} • Announcement

Also, $CSC's BoD has declared a 1Q17 dividend of $0.14 per share, payable on Oct. 4, 2016 to stockholders of record on Aug. 31, 2016.

$CSC {{ '2016-08-11T07:45:50+0000' | timeago}} • Announcement

IT services provider $CSC said its stockholders have elected Lizabeth Zlatkus, currently serving on BoD of $BPFH and as a director on the board of Legal & General Group, PLC, to the company's BoD. Zlatkus will serve on the Audit Committee.

$CSC {{ '2016-08-09T10:10:16+0000' | timeago}} • Webcast

In 1Q17, $CSC had restructuring costs of $57MM on a pre-tax basis, or $0.32 per diluted share, relating mainly to the Xchanging acquisition. Also company had transaction and integration-related costs of $70MM pre-tax, or $0.36 per diluted share, relating to recent acquisitions and $CSC's announced merger with Enterprise Services segment of $HPE.

$CSC {{ '2016-08-09T10:09:37+0000' | timeago}} • Webcast

$CSC's 1Q17 commercial operating margin was 8.3%, up 80 BPs YoverY. Total bookings in the quarter were $1.6Bil, representing a book-to-bill ratio of 0.8x. GBS reported bookings of $740MM and GIS bookings were $870MM in the quarter. Commercial CapEx was $148MM or 7.7% of revenue, down 70 BPs YoverY. Cash at end 1Q17 was $1Bil.

$CSC {{ '2016-08-09T10:09:11+0000' | timeago}} • Webcast

Near-term, $CSC expects results to be impacted by currency headwinds attributable to the dollar strengthening against the pound and the euro, as well company's investments in the business process services platform.

$CSC {{ '2016-08-09T10:08:51+0000' | timeago}} • Webcast

For FY17, $CSC expects constant currency revenue to be up in low-double-digits. Company expects GBS revenue to be up and GIS revenue to be down in low-single-digits, both on constant currency basis. Free cash flow is expected to be 100%-plus of net income and tax rate is expected to be about 20%.

$CSC {{ '2016-08-09T10:08:27+0000' | timeago}} • Webcast

Information technology services provider $CSC's 1Q17 Global Business Services (GBS) segment revenue grew about 16% YoverY in constant currency. Global Infrastructure Services (GIS) revenue grew 1.7% YoverY in constant currency. Revenue from next-generation offerings was up about 110% YoverY in constant currency.

$CSC {{ '2016-08-08T20:46:34+0000' | timeago}} • Announcement

$CSC still expects FY17 non-GAAP EPS from continuing operations of $2.75-3.00. During 1Q17, $CSC returned $20MM to shareholders, consisting of common stock dividends. $CSC had 140.32MM basic shares outstanding on July 1, 2016.

$CSC {{ '2016-08-08T20:44:19+0000' | timeago}} • Announcement

$CSC said its merger with the Enterprise Services segment of $HPE is progressing as planned with a targeted close of late March 2017. The deal was announced on May 25, 2016. $CSC and $HPE shareholders each will own about 50% of shares post merger.

$CSC {{ '2016-08-08T20:40:01+0000' | timeago}} • Announcement

$CSC's revenue from Global Business Services for 1Q17 increased by 14.1% YoverY and up 16.4% in constant currency, on contributions from its recent acquisitions. Revenue from Global Infrastructure Services slid 0.5%, while it rose 1.7% in constant currency, on contributions from recent acquisitions as well as growth in next-generation offerings.

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