Edition:
India

Conduent Inc (CNDT.N)

CNDT.N on New York Stock Exchange

18.45USD
13 Jul 2018
Change (% chg)

$-0.14 (-0.75%)
Prev Close
$18.59
Open
$18.53
Day's High
$18.71
Day's Low
$18.44
Volume
647,522
Avg. Vol
475,595
52-wk High
$21.06
52-wk Low
$14.95

Latest Key Developments (Source: Significant Developments)

Conduent To Sell Its Commercial Vehicle Operations Business
Friday, 18 May 2018 

May 18 (Reuters) - Conduent Inc ::PRESS RELEASE - CONDUENT ANNOUNCES AGREEMENT TO SELL ITS COMMERCIAL VEHICLE OPERATIONS BUSINESS.CONDUENT INC - DIVESTITURE IS PART OF PREVIOUSLY ANNOUNCED CONDUENT PLAN TO DIVEST $250 TO $500 MILLION IN REVENUE ASSOCIATED WITH NON-CORE ASSETS.  Full Article

Conduent Plans To Divest Up To $500 Mln In 2018 Revenue Associated With Non-Core Assets Across Company
Monday, 30 Apr 2018 

April 30 (Reuters) - Conduent Inc ::PRESS RELEASE - CONDUENT ANNOUNCES AGREEMENT TO SELL NON-CORE CONSULTING AND ACTUARIAL SEGMENT OF HUMAN RESOURCE SERVICES BUSINESS.CONDUENT INC - PLAN TO DIVEST UP TO $500 MILLION IN REVENUE IN 2018 ASSOCIATED WITH NON-CORE ASSETS ACROSS COMPANY..CONDUENT INC - CONDUENT WILL RETAIN CERTAIN ASSETS IN LINE WITH ITS CORE TECHNOLOGY PLATFORM BUSINESS.CONDUENT INC - DEAL ALSO INCLUDES HUMAN RESOURCE CONSULTING AND OUTSOURCING BUSINESSES LOCATED IN CANADA AND U.K..  Full Article

Conduent Announces Agreement To Sell Off-Street Parking Business
Thursday, 26 Apr 2018 

April 25 (Reuters) - Conduent Inc ::CONDUENT ANNOUNCES AGREEMENT TO SELL OFF-STREET PARKING BUSINESS.CONDUENT ANNOUNCES AGREEMENT TO SELL OFF-STREET PARKING BUSINESS.CONDUENT - TO SELL ITS OFF-STREET PARKING BUSINESS, INCLUDING CONDUENT MULTIPARK SYSTEM IN FRANCE & U.K., U.S. AIRPORT PARKING BUSINESS, TO ANDERA PARTNERS.  Full Article

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 Q1 Adjusted Earnings Per Share Of $0.22 From Continuing Operations

* CONDUENT REPORTS FIRST QUARTER 2018 RESULTS; STRONG OPERATIONAL AND FINANCIAL PERFORMANCE LED BY COMMERCIAL SEGMENT; EXECUTING ON PORTFOLIO STRATEGY WITH IMPROVEMENT IN CORE BUSINESS