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Conduent Inc (CNDT.N)

CNDT.N on New York Stock Exchange

19.39USD
20 Apr 2018
Change (% chg)

$-0.16 (-0.82%)
Prev Close
$19.55
Open
$19.54
Day's High
$19.68
Day's Low
$19.33
Volume
274,326
Avg. Vol
588,102
52-wk High
$20.28
52-wk Low
$14.95

Latest Key Developments (Source: Significant Developments)

Conduent Says Co Entered Into Definitive Settlement Agreement With State Of New York Regarding Resolution Of HE Platform Project​
Thursday, 30 Nov 2017 

Nov 29 (Reuters) - Conduent Inc ::CONDUENT- ‍ON NOV. 28, CO ENTERED INTO DEFINITIVE SETTLEMENT AGREEMENT WITH STATE OF NEW YORK REGARDING RESOLUTION OF HE PLATFORM PROJECT​.CONDUENT SAYS UNDER TERMS OF SETTLEMENT COMPANY'S CONTRACT WITH STATE OF NEW YORK WILL TERMINATE EFFECTIVE DECEMBER 15, 2017 - SEC FILING.CONDUENT INC - ALSO UNDER TERMS OF SETTLEMENT COMPANY WILL PAY, OR INCUR COSTS ON BEHALF OF, STATE OF NEW YORK IN AMOUNT OF APPROXIMATELY $20.2 MILLION.  Full Article

Conduent reports Q3 ‍adjusted EPS $0.22​
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Conduent Inc :Conduent Inc qtrly ‍adjusted EPS $0.22​.Conduent Inc qtrly ‍GAAP loss per share $0.09​.Q3 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.Conduent Inc - ‍Q3 2017 revenues were $1,480 million, down 7% compared to Q3 2016​.Q3 earnings per share view $0.20, revenue view $1.51 billion -- Thomson Reuters I/B/E/S.Conduent Inc sees ‍ FY 2017 free cash flow 20 percent - 30 percent of adjusted EBITDA​.Conduent Inc - ‍ Targeting an additional $250 million to $500 million of revenue for potential divestiture in near term​.Conduent Inc sees ‍ FY 2017 revenue on a constant currency basis down 4.5 percent - 6.5 percent​.Conduent Inc - ‍ Now expecting restructuring costs of $90 million - $95 million for full year 2017​.Conduent Inc - ‍Headcount of approximately 90,000 as of September 30, 2017 compared with approximately 96,000 as of December 31, 2016.  Full Article

Conduent - Co terminated legacy deferred compensation plans
Thursday, 5 Oct 2017 

Oct 4 (Reuters) - Conduent Inc :Conduent - ‍on September 29, co terminated legacy deferred compensation plans and company owned life insurance which held plans' investment​.Conduent Inc - will record approximately $19 million in tax expense on transaction​.Conduent says will make payments to plan participants of approximately $15 million in 2017 and approximately $101 million in 2018​ - SEC filing.Conduent- because plans were overfunded, about $25 million in cash on co's balance sheet that was unavailable for use to become available by end of 2018.Conduent Inc - ‍tax expense to have an approximately 9 cent impact on GAAP earnings per share, for company's Q3 and full year results​.  Full Article

BRIEF-Conduent Reports Q4 EPS From Cont Ops $0.98

* CONDUENT REPORTS FOURTH QUARTER AND FY 2017 RESULTS; IN-LINE REVENUE AND STRONG PERFORMANCE ON ADJUSTED EBITDA AND FREE CASH FLOW; FY 2018 GUIDANCE REAFFIRMS LONG-TERM GOALS