Hints and tips:
...HP Inc will report earnings on Wednesday....
...The board continues to recommend that Xchanging shareholders accept the offer from CSC… and to do so by no later than 1.00 p.m. (London time) on Friday 15 January 2016. So the clock is ticking…...
...Virginia-based CSC swooped in to acquire Xchanging on December 9, for £1.90 per share in cash, or £480m....
...CSC, meanwhile, is much larger than both, with an enterprise value of $4.9bn. CSC and Ebix are not the first companies to take an interest in Xchanging....
...(Mashable) FT FYI IBM bets on mergers and algorithms for growth UK retailers squeezed by online growth Just Eat delivers strong sales in 2015 Xchanging urges investors to back CSC takeover bid Israel...
...CSC, the US technology provider, has made a concerted push into outsourcing banks’ high-speed trading and data services with the acquisition of Fixnetix, a UK trading technology group....
...Optum, part of UnitedHealth, and CSC are understood to have pulled out. Interserve declined to comment....
...Now holidays are over, the CSC should seize the initiative in the elitism debate ahead of those oiks at the Institute for Public Policy Research....
...Ovum says reduced public expenditure will test the responses of traditional outsource providers, such as IBM, HP and CSC, which are overexposed in the segment, especially given the increasing use of multiple...
...Neither CSC or Legal & General were immediately able to comment on the process....
...“This is a bitter pill to swallow for the whole region and especially for the affected workers and their families,” the ACV-CSC trade union said....
...“People feel like we may have seen a bottom for CSC.”...
...But other analysts advised investors to take profit, with CSC trading at a multiple of almost ten times earnings....
...Mr Palmer said he has established a new shipping company Blue Star Line Pty Ltd which has commissioned CSC Jinling Shipyard to build and coordinate the construction of Titanic II in China....
...Shares in CSC fell 7.7 per cent to $24.43 on the news....
...CSC last year rejected a 425p-a-share takeover bid from Simon Property, which was attempting to thwart John Whittaker’s Peel Holdings from taking a 20 per cent stake in the group....
...CSC to offer Aria’s cloud-based subscription billing system Aria Systems has signed a deal with CSC, the US systems integrator, to offer Aria’s cloud-based subscription billing and management system to...
...According to the MBA CSC, 76 per cent of schools experienced an increase in on-campus activity over last year....
...Peel will receive a maximum stake of 23.2 per cent in CSC, with CSC also assuming the Trafford Centre’s debt. UBS and Bank of America Merrill Lynch advised CSC. Rothschild and JPMorgan advised Peel....
...However, the move was opposed by Simon, a major CSC shareholder, which accused CSC of overpaying and then made a 425p per share proposal to buy CSC instead....
...Simon’s offer was conditional on CSC opening its books and dropping its purchase of Trafford; CSC’s board would do neither....
...Companies such as Dell, HP and CSC ensure AppSense is “baked in” to their products and it is used by 16 of the top 20 financial institutions globally, he says....
...Shares in CSC closed the day down 10.9p at 408.2p....
...This corresponds to a potential net asset value of up to 625 pence per CSC share. CSC shares are currently changing hands at 418p....
...US mall operator Simon said on Wednesday it would be willing to offer 425p a share for CSC if certain criteria were met, including the non-completion of CSC’s £1.6bn purchase of Trafford Centre from Peel...
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