ADVFN - Advanced Financial Network.
HOME» NYSE » C » CSC Stock Price » CSC Stock News

Computer Sciences Share News

 Computer Sciences Corp. Stock Price
CSC Stock Price
 Computer Sciences Corp. Stock Chart
CSC Stock Chart
 Computer Sciences Corp. Stock News
CSC Stock News
 Computer Sciences Corp. Company Information
CSC Company Information
 Computer Sciences Corp. Stock Trades
CSC Stock Trades

MARKET SNAPSHOT: U.S. Stocks Down As Dollar Slump Lifts Gold

By Jonathan Cheng NEW YORK (MarketWatch) -- U.S. stocks traded in a tight range on Wednesday, edging down modestly while gold added to its record highs as pressure continued to mount on the dollar. The Dow Jones Industrial Average (DJI) fell 10 points, or 0.1% to 10847 in early trading, while the Standard & Poor's 500-stock index (SPX) shed 2 points to 1146 and the Nasdaq Composite (RIXF) edged down less than a point to 2379. Leading the blue-chip index's declines was Cisco Systems (CSC), off 1.1%, after International Business Machines (IBM) purchased a maker of Ethernet switches, putting the two tech giants in more direct competition. Offsetting Cisco's losses was Hewlett-Packard (HPQ), which led Dow gainers with a 2.2% rise, after the company said revenue for the fiscal year would be between $131.5 billion and $133.5 billion -- a range that compared favorably to the consensus forecast of $131.6 billion. Taken together, tech stocks were a source of relative strength for the market, edging up slightly to make it the strongest sector among the S&P 500. Financial stocks were the weakest, weighed by a 1% drop at J.P. Morgan Chase (JPM) and a 0.8% slip at Bank of America (BAC). U.S. stocks had ended higher on Tuesday, as takeover deals and hopes for more Treasury buying by the Federal Reserve helped offset worries over weak consumer-confidence data. The Dow finished up 46 points after reversed an 80-point slide earlier in the session. Speculation about more monetary easing in the U.S. has pushed the dollar lower in recent days. The U.S. Dollar Index (DXY), which measures the greenback against a basket of six currencies, hit its lowest level in eight months Wednesday morning, while the dollar sank to a two-week low against the yen before bouncing back up to trade at 83.80 yen recently. The move continued the dollar's slide back toward the level it hit two weeks ago, just before Japanese authorities intervened in currency markets. Concerns about the euro zone's sovereign-debt problems, meantime, kept a lid on the euro's gains. The euro edged up against the dollar, trading at $1.3595 after the European Commission proposed legislation that would strengthen its control over the economic policies of EU member states, including fines for breaching budget rules. Gold futures hit another high as the dollar weakened, with the yellow metal edging above $1,310 an ounce. On the corporate front, shares of Green Mountain Coffee Roasters (GMCR) fell 17% after the firm said the Securities and Exchange Commission was investigating its revenue recognition practices. Oil giant BP PLC (BP) was also back in the headlines as incoming CEO Bob Dudley said he will restructure BP's upstream business and create a new safety division, with the power to audit any part of the company' operations. BP shares rose 2.2%. Family Dollar Stores (FDO) rose 3.6% after the discounter topped consensus earnings forecast and announced plans to buy back up to $750 million of its shares. Live Nation Entertainment (LYV) added 1.5% after reports that chairman Barry Diller had resigned his position amid turbulence at the concert promotion giant. Meanwhile, Nintendo (NTDOY) dropped 10% after the Japanese gaming giant cut its profit and sales outlook, citing the strong yen and weaker-than-expected sales of its video game consoles. In international markets, the Stoxx Europe 600 index was off 0.2% in recent trading. The Nikkei 225 Average closed up 0.7%, while the Hong Kong market added 1.2%.

Stock News for Computer Sciences (CSC)
03/27/201512:35:02Statement of Changes in Beneficial Ownership (4)
03/27/201512:35:02Statement of Changes in Beneficial Ownership (4)
03/19/201500:18:43CSC's ServiceMesh unit implicated in bribery case
03/18/201519:13:34Jana Partners Sells 20% Stake To Neuberger Business--2nd Update
03/18/201507:16:30Australia Police Charge Former Commonwealth Bank Executive With...
03/11/201517:46:55Statement of Changes in Beneficial Ownership (4)
03/11/201517:46:55Statement of Changes in Beneficial Ownership (4)
03/11/201516:15:00CSC Board Declares Quarterly Cash Dividend
03/10/201514:10:52Initial Statement of Beneficial Ownership (3)
03/09/201513:00:00Allscripts and Elsevier Join Forces to Elevate Health Care and...
02/24/201505:00:00Global IT Services Company CSC Signs Next-Generation Applications...
02/23/201516:41:34Statement of Beneficial Ownership (sc 13d)
02/23/201514:46:18Computer Sciences soars on M&A report
02/23/201514:15:00IBM and CSC Expand Partnership to Help Growing Ecosystem Develop...
02/17/201517:15:17Statement of Changes in Beneficial Ownership (4)
02/17/201517:15:16Statement of Changes in Beneficial Ownership (4)
02/17/201517:15:16Statement of Changes in Beneficial Ownership (4)
02/13/201516:23:00Amended Statement of Ownership (sc 13g/a)
02/11/201511:22:53Amended Statement of Ownership (sc 13g/a)
02/11/201506:00:58Quarterly Report (10-q)

Computer Sciences and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations