Last €53.49 EUR
Change Today -0.77 / -1.42%
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As of 3:17 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

computer sciences corp (CS9) Snapshot

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52 Week High
01/23/15 - €57.50
52 Week Low
05/7/14 - €41.35
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Current Stock Chart for COMPUTER SCIENCES CORP (CS9)

computer sciences corp (CS9) Details

Computer Sciences Corporation provides information technology (IT) and professional services and solutions in North America, Europe, Asia, and Australia. The company operates through Global Business Services, Global Infrastructure Services, and North American Public Sector segments. The Global Business Services segment provides technology solutions, including consulting, applications services, and software. This segment offers applications services optimize clients' application portfolio and information services sourcing strategy; industry-based software, services, and business process services and outsourcing services primarily to the insurance, banking, healthcare, and life sciences industries; and consulting services that help commercial organizations, public-sector entities, and local businesses innovate, transform, and create sustainable competitive advantage. The Global Infrastructure Services segment provides managed and virtual desktop solutions, unified communications and collaboration services, data center management, cyber security, and compute and managed storage solutions to commercial clients. This segment also delivers next-generation cloud offerings, including infrastructure as a service, private cloud solutions, CloudMail, and storage as a service. The North American Public Sector segment delivers IT, mission, and operations-related services to the Department of Defense, civil agencies of the U.S. federal government, as well as other foreign, state, and local government agencies. The company has a strategic partnership with HCL Technologies to create an applications modernization delivery network. The company was founded in 1959 and is headquartered in Falls Church, Virginia.

79,000 Employees
Last Reported Date: 05/22/14
Founded in 1959

computer sciences corp (CS9) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $1.3M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $700.0K
Executive Vice President and General Manager ...
Total Annual Compensation: $650.0K
Executive Vice President and General Counsel
Total Annual Compensation: $539.7K
Executive Vice President and General Manager ...
Total Annual Compensation: $532.7K
Compensation as of Fiscal Year 2014.

computer sciences corp (CS9) Key Developments

Computer Sciences Corporation to Pays $380,000 to Settle Allegations of False Claims

Sanford C. Coats, United States Attorney for the Western District of Oklahoma, announced that Computer Sciences Corporation, has agreed to pay $380,000 to settle civil claims stemming from allegations that it violated the False Claims Act by submitting false claims to the United States Air Force. CSC contracted with the Air Force to provide aircraft maintenance services at Vance Air Force Base, Oklahoma. As part of the contract, CSC agreed to perform maintenance on hydraulic actuators in Air Force aircraft. Hydraulic actuators power various systems and functions in the aircraft such as the landing gear, vertical/horizontal stabilizers and flaps. The United States contends that CSC submitted false claims for payment to the Air Force during the period from February 1, 2008 through January 31, 2013. More specifically, the false claims for payment were for painting, non-destructive inspections and pressure tests of hydraulic actuators in T-38 aircraft that were not performed. In order to resolve the allegations brought by the United States, CSC agreed to pay $380,000.

Computer Sciences Corp. to Pay $190 Million in SEC Settlement

Computer Sciences Corp. announced it will pay $190 million and restate three years of financial results in a proposed settlement with the Securities and Exchange Commission. The SEC began a formal investigation in 2011 to look into accounting issues. CSC said the SEC will file an administrative enforcement action against the IT company alleging violations of antifraud, reporting and other securities laws. CSC said it will neither admit nor deny the allegations.

CSC Declares Quarterly Cash Dividend, Payable on January 26, 2015

CSC announced that the Company’s Board of Directors has declared a regular quarterly dividend of $0.23 per share on the company's Common Stock. The dividend will be paid on January 26, 2015 to stockholders of record at the close of business on January 5, 2015.


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Valuation CS9 Industry Range
Price/Earnings 14.5x
Price/Sales 0.7x
Price/Book 2.3x
Price/Cash Flow 5.4x
TEV/Sales 0.3x

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