Computer Sciences Corp
JANA sells stake in Equinix
JANA Partners sold a significant stake in Equinix (EQIX) during the fourth quarter. The position accounted for 3.38% of the fund’s third-quarter portfolio.
Why JANA Partners Considers CSC To Be Undervalued
JANA Partners declared its increased stake in CSC, believing that the company is undervalued. JANA wants CSC to look for strategic alternatives.
JANA’s Track Record As an Activist Investor
Activist investor JANA Partners sold a 20% stake in the firm to Neuberger Berman’s Dyal Capital Partners. Dyal holds a passive interest in JANA Partners.
How Will the HPE-CSC Merger Benefit the Companies’ Stakeholders?
The merger of Computer Science Corporation (CSC) and Hewlett-Packard Enterprise’s (HPE) Enterprise Services business is expected to expand its customers’ access to digital innovation.
Why Is Xchanging Entertaining Takeover Offers?
Xchanging booked 47 million pounds in impairment charges on its procurement business, which led to an overall loss of 41.1 million pounds.
How Ebix Could Thwart CSC’s Plans to Acquire Xchanging
CSC still has to wait to move on the Xchanging deal, as the takeover panel granted Ebix (EBIX), one of the bidders, more time to finalize its offer on December 10, 2015.
Why Xchanging Is CSC’s Most Recent Acquisition Target
Xchanging is a London-based provider of technology-enabled business processing, especially in the insurance and financial space.
Will CSC’s Aggressive Cost Cuts Help in the Long Run?
CSC delivered cost savings of $115 million in 3Q15 and $310 million YTD. CSC expects to deliver cost takeout benefits of $450 million–$500 million in 2015.
Computer Sciences Corporation’s Focus on Cloud and Big Data
International Data Corporation expects the global big data technology and services market to grow at a CAGR of 26.4% to reach $41.5 billion in 2018.
JANA Partners exits stake in Dollar General Corporation
JANA Partners sold a significant stake in Dollar General (DG) in the fourth quarter. The position accounted for 2.55% of the fund’s third-quarter portfolio.
JANA adds significant new position in NCR Corporation
JANA Partners added a significant stake in NCR Corporation (NCR). The position accounted for 3.27% of the fund’s total fourth-quarter portfolio.
Greenlight exits position in Computer Sciences Corporation
Greenlight Capital exited a position in Computer Sciences Corporation (CSC). The position accounted for 2.05% of the fund’s portfolio for the second quarter that ended in June.
Why Global Services are integral for IBM’s revenue generation
IBM’s Global Technology and Global Business Services combined form Global Services. Jointly, they contribute 57% of IBM Corp.’s (IBM) consolidated revenues.