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DXC Technology Co (DXC.N)

DXC.N on New York Stock Exchange

100.98USD
19 Jan 2018
Change (% chg)

$0.50 (+0.50%)
Prev Close
$100.48
Open
$101.00
Day's High
$101.41
Day's Low
$100.28
Volume
721,819
Avg. Vol
402,351
52-wk High
$102.81
52-wk Low
$58.38

Latest Key Developments (Source: Significant Developments)

DXC Technology Receives Early Termination Of Waiting Period In Connection With Vencore And Keypoint Acquisitions, USPS Merger-Spin-Off
Wednesday, 27 Dec 2017 

Dec 27 (Reuters) - DXC Technology Co ::DXC TECHNOLOGY RECEIVES EARLY TERMINATION OF HART-SCOTT-RODINO WAITING PERIOD IN CONNECTION WITH VENCORE AND KEYPOINT ACQUISITIONS, USPS MERGER-SPIN-OFF.  Full Article

DXC Technology Q2 earnings per share $0.88
Wednesday, 8 Nov 2017 

Nov 7 (Reuters) - DXC Technology Co ::DXC Technology delivers strong second quarter results with growth in earnings per share, margins, and cash flow.Q2 earnings per share $0.88.Q2 non-GAAP earnings per share $1.93.Q2 earnings per share view $1.53 -- Thomson Reuters I/B/E/S.  Full Article

Vencore Holding Corp files to withdraw IPO plans
Thursday, 2 Nov 2017 

Nov 1 (Reuters) - Vencore Holding Corp :Vencore Holding Corp files for withdrawal of IPO plans, cites merger plans with DXC Technology - SEC filing.Vencore Holding Corp had filed for IPO of up to $250 million in June 2017.  Full Article

DXC Technology says $50 mln may be payable to Vencore, KeyPoint if deal terminates, under some conditions​
Saturday, 14 Oct 2017 

Oct 13 (Reuters) - DXC Technology Co ::Termination fee of $50 million may be payable by DXC to Vencore & Keypoint upon termination of merger agreement, under some conditions​.  Full Article

HCL Technologies announces IP partnership with DXC Technology
Friday, 13 Oct 2017 

Oct 13 (Reuters) - Hcl Technologies Ltd :Says ‍discontinuation of joint venture arrangement with DXC Technology​.Says entered into a new IP partnership with DXC ‍​.Says under IP partnership deal, co will acquire exclusive rights for 10 years for core banking products ‍​.Under IP partnership, co responsible for product development, modernsiation, maintenance, professional services of core banking products.Under IP partnership, DXC will be primarily responsible for sales, marketing and client relationship.  Full Article

DXC Technology to create independent U.S. public sector business
Thursday, 12 Oct 2017 

Oct 11 (Reuters) - DXC Technology Co :DXC Technology to combine its U.S. public sector business with Vencore Holding Corporation and Keypoint Government Solutions to create an independent, publicly traded company serving U.S. government clients.Veritas Capital will remain an investor in new company​.Mac Curtis, president and CEO of Vencore, will become chief executive officer of new company​.‍USPS will distribute $1.05 billion in cash consideration (or assumed debt) to DXC​.DXC will use proceeds from transaction to reduce debt, repurchase shares, and for other general corporate purposes​.Veritas Capital's Ramzi Musallam will join board of new company, with remaining board members named at a later date​.Funds managed by Veritas Capital and its affiliates will own approximately 14 percent of combined company's common shares upon consummation of transactions​.Co to get shares of USPS via a spin-off, to own about 86 percent of combined co's common shares upon consummation of transactions​.Vencore and Keypoint have each received necessary shareholder approvals to complete transactions​.Funds managed by Veritas Capital and its affiliates will receive $400 million of cash merger consideration​.  Full Article

Datatec sells SMC consultancy operation to DXC Technology for undisclosed sum​
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Datatec Ltd :LOGICALIS SELLS SMC CONSULTANCY OPERATION.‍SALE TO DXC TECHNOLOGY FOR AN UNDISCLOSED SUM​.‍SUBSIDIARY LOGICALIS GROUP ENTERED AN AGREEMENT TO SELL ITS SERVICE MANAGEMENT CONSULTANCY OPERATION, LOGICALIS SMC​.  Full Article

DXC Technology acquires Logicalis SMC
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Dxc Technology Co ::DXC technology acquires Logicalis SMC, expanding its position as a leading servicenow integrator.DXC Technology Co says ‍transaction will also expand DXC's fruition partners presence in Netherlands and Europe​.  Full Article

DXC Technology Co - on Sep 26 co received commitments to extend maturity date of existing revolving credit agreement
Tuesday, 3 Oct 2017 

Oct 2 (Reuters) - DXC Technology Co :DXC Technology Co- on September 26, 2017, co received commitments to extend the maturity date of the co’s existing revolving credit agreement.DXC Technology Co-on Sept 27 certain incremental lenders committed to provide co with $120 million of incremental commitments under revolving credit agreement.DXC Technology Co-extension will become effective on anniversary of closing date of the revolving credit agreement on October 11, 2017 - SEC filing.  Full Article

DXC Technology says signed agreement with Zurich Insurance Co to extend master services agreement
Tuesday, 11 Jul 2017 

July 11 (Reuters) - DXC Technology Co ::DXC Technology appointed as a Preferred Systems Integrator And a Tier 1 applications partner by Zurich.Signed an agreement with Zurich Insurance Company, by which parties wish to extend until December 2022 master services agreement.New extension is foreseen to become effective by end of year; agreement was originally signed in 2009.To provide Zurich with private cloud as managed service and in-life management, integration services for company's use of public cloud.  Full Article

BRIEF-DXC Technology Receives Early Termination Of Waiting Period In Connection With Vencore And Keypoint Acquisitions, USPS Merger-Spin-Off

* DXC TECHNOLOGY RECEIVES EARLY TERMINATION OF HART-SCOTT-RODINO WAITING PERIOD IN CONNECTION WITH VENCORE AND KEYPOINT ACQUISITIONS, USPS MERGER-SPIN-OFF Source text for Eikon: Further company coverage: