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CSC To Acquire Tech-Outsourcing Company Image Solutions

DOW JONES NEWSWIRES CSC (CSC) will acquire privately held information-technology outsourcing company Image Solutions Inc., a deal expected to expand CSC's reach in the life-sciences sector. Image Solutions founder and Chief Executive Jinsoo Kim said, "The combination of these companies will establish CSC as a strong player in health-care IT." CSC, which provides IT services from consumer-credit information to online-data security, has benefited lately from increased outsourcing. Buying Image Solutions will help it grow in the health-care business, since the U.S. government is pushing for increased digitization of records and payers are looking to cut health-care costs. CSC last month reported its fiscal second-quarter earnings fell 15% on weaker revenue and margins along with sharply higher taxes. However, it raised its full-year guidance. Shares closed Friday at $47.10 and were inactive premarket. The stock is down 18% this year. -By Tess Stynes, Dow Jones Newswires; 212-416-2481; Tess.Stynes@dowjones.com

Stock News for Computer Sciences (CSC)
DateTimeHeadline
03/28/201717:55:00Computer Sciences Set to Join S&P 500; Southwestern Energy to...
03/28/201716:43:06Current Report Filing (8-k)
03/27/201717:09:21Current Report Filing (8-k)
03/27/201717:07:35Filing of Certain Prospectuses and Communications in Connection...
03/27/201716:30:00CSC Shareholders Vote Overwhelmingly in Favor of Merger with...
03/27/201708:00:00DXC Technology 2017 Investor Day to be Webcast
03/17/201717:50:00CSC Board Declares Quarterly Cash Dividend
03/13/201717:19:56Statement of Changes in Beneficial Ownership (4)
03/13/201717:19:56Statement of Changes in Beneficial Ownership (4)
03/09/201708:00:00DXC Technology Investor Day to be Held on Wednesday, March 29...
03/08/201707:05:24Filing of Certain Prospectuses and Communications in Connection...
03/01/201716:30:00CSC & Virtual Clarity Enter Strategic Collaboration to Accelerate...
03/01/201712:43:00SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation...
02/27/201717:07:21Proxy Statement - Merger or Acquistion (definitive) (defm14a)
02/24/201717:18:18Statement of Changes in Beneficial Ownership (4)
02/24/201717:18:18Statement of Changes in Beneficial Ownership (4)
02/23/201717:25:30Current Report Filing (8-k)
02/21/201706:00:00CSC Closes the Gap Between Security and IT Operations with ISecOps
02/16/201707:00:00CSC Receives RobecoSAM Corporate Responsibility and Sustainability...
02/15/201720:45:00DXC Technology sera le nom de la nouvelle société après la fi...

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