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BUSINESS BRIEFS.(TO THE POINT)
TECHNOLOGY
Computer Sciences up on report
Lockheed Martin is leading an investors group that may bid $64-$65 a share for info tech and outsourcing company Computer Sciences, according to a published report. That values Computer Sciences at about $12 bil. Talks are at an early stage, unnamed sources said. Computer Sciences leapt 13% to 58.
** Radvision rose 16% to 15.08 on heavy trading after the networking equipment maker's Q3 profit beat views by 3 cents and more than doubled from the year ago with 18 cents. Sales rose 14% to $19.1 mil.
REAL ESTATE
Vornado buys McDonald's stake
The real estate investment trust confirmed speculation of its interest in McDonald's, disclosing it bought a 1.2% stake in the fast-food chain worth about $500 mil. Analysts said Vornado may press McDonald's to sell some of its valuable land holdings. McDonald's rose 0.5% to 31.77. Vornado slipped 1.5% to 79.69 after reporting a 12.9% drop in its Q3 funds from operations to $1.08 a share, which topped views by 44 cents.
- Computer Sciences rises on buyout talk.
- News wire article from: The America's Intelligence Wire October 24, 2005 700+ words
...largest tech buyout to date. Computer Sciences helps large corporations...deals. That's forcing Computer Sciences to fight harder for contracts...billion from $65 billion a year ago. Computer Sciences, which has about $14 billion...
- UPDATE 1-Computer Sciences rises on buyout talk.
- News wire article from: The America's Intelligence Wire October 24, 2005 700+ words
...largest tech buyout to date. Computer Sciences helps large corporations...deals. That's forcing Computer Sciences to fight harder for contracts...billion from $65 billion a year ago. Computer Sciences, which has about $14 billion...
- Computer Sciences, Telkom South Africa win $275M order.
- News wire article from: The America's Intelligence Wire August 4, 2005 700+ words
...contract. Separately, Computer Sciences said it won an order...military facilities. Computer Sciences announced the latest...3.7 billion a year ago, according to a...recent trading, Computer Sciences shares added 27 cents...
- Schaeffer's Daily Market Blog Features AutoZone, Computer Sciences, Oil Service...
- Press release article from: Business Wire May 25, 2005 700+ words
...NYSE:AZO), Computer Sciences (NYSE:CSC...morning. 10:26 AM Computer Sciences Earnings Double on...technology firm Computer Sciences (NYSE:CSC) announced...than doubled its year-ago earnings of $1...
- Earnings roundup.(Review & Preview; Computer Sciences Corp.)(Brief Article)
- Magazine article from: Los Angeles Business Journal August 18, 2003 700+ words
Earnings Roundup: Computer Sciences Corp. reported first-quarter...million for the like period a year ago. Revenue for the El Segundo...million for the like period a year ago. Revenue for the Long Beach...billion for the like period a year ago (the result of a writedown...
- BEA Systems, Computer Sciences results ahead.
- News wire article from: The America's Intelligence Wire November 4, 2004 700+ words
...Pleasanton, Calif. Computer Sciences Q2 earnings, sales...rise On Tuesday, Computer Sciences is expected to report...comparable quarter a year ago, the El Segundo...Including charges, Computer Sciences earned 60 cents a...
- Computer Sciences falls after reporting in-line results.
- News wire article from: The America's Intelligence Wire August 5, 2005 700+ words
...stance on shares of Computer Sciences, one of the world...view of the sector. Computer Sciences, which provides...cents a share, a year ago. Income from continuing...whole fiscal year, Computer Sciences continues to anticipate...
- UPDATE 1-Computer Sciences falls after reporting in-line results.
- News wire article from: The America's Intelligence Wire August 5, 2005 700+ words
...stance on shares of Computer Sciences, one of the world...view of the sector. Computer Sciences, which provides...cents a share, a year ago. Income from continuing...whole fiscal year, Computer Sciences continues to anticipate...
- Computer Sciences, Hartford, more.
- News wire article from: The America's Intelligence Wire May 24, 2005 700+ words
...trading of shares are Computer Sciences, Hartford Financial, and Medtronic. Computer Sciences Corp. said its fourth...1.01 a share, a year ago. Revenue from continuing...from $3.59 billion a year ago. See full story. Hartford...
- Interlink Computer Sciences Reports Second Quarter Results.
- Press release article from: Business Wire January 21, 1997 700+ words
...Interlink Computer Sciences Inc. (NASDAQ...same period a year ago. Net income...same period a year ago. Gross margin...same period a year ago. Operating income...product. Interlink Computer Sciences Inc. is a leading...