Former type
|
Public |
---|---|
Traded as | NYSE: CSC |
Industry | IT services, IT consulting |
Fate | Merged with HP Enterprise Services; formed DXC Technology |
Successor | DXC Technology |
Founded | April 1959 (1959-04) |
Founder | Roy Nutt Fletcher R. Jones |
Defunct | April 3, 2017 (2017-04-03) |
Headquarters | Tysons Corner, Virginia, United States |
Area served
|
Worldwide |
Key people
|
John Michael Lawrie, (Chairman, President and CEO) |
Services | IT, business consulting and outsourcing services |
Subsidiaries | CSC India, Computer Sciences Raytheon, Xchanging |
Website | www |
Computer Sciences Corporation (CSC) was an American multinational corporation that provided information technology (IT) services and professional services. On April 3, 2017, it merged with HP Enterprise Services to create DXC Technology.
CSC was founded in April 1959 in Los Angeles, California, by Roy Nutt and Fletcher Jones. CSC initially provided programming tools such as assembler and compiler software.
In the 1960s, CSC provided software programming services to major computer manufacturers like IBM and Honeywell and secured their first contracts for the U.S. public sector with NASA (among others).
By 1963, CSC became the largest software company in the United States and the first software company to be listed on the American Stock Exchange. By the end of 1968, CSC was listed on the New York Stock Exchange and had operations in Canada, India, the United Kingdom, Germany, Spain, Italy, Brazil, and the Netherlands.
In the 1970s and 1980s, CSC expanded globally winning large contracts for the finance and defense industries and through acquisitions in Europe and Australia.
Since its beginnings in 1959, company headquarters had been in California. On March 29, 2008, the corporate headquarters of the company were relocated from El Segundo, California, to Annandale, Virginia. CSC has been a Fortune 500 Company since 1995, coming in at 162 in the 2012 rankings.
In May 2015, CSC announced plans to split the public sector business from its commercial and international business. In August, it was announced that CSC's Government Service business would merge with SRA International to form a new company -- CSRA—at the end of November 2015.
In July 2015, CSC and HCL Technologies announced the signing of a joint venture agreement to form a banking software and services company, Celeriti FinTech.
In September 2015, CSC closed the acquisition of Fixnetix, a provider of front-office managed trading solutions in capital markets. CSC also acquired Fruition Partners, a provider of technology-enabled solutions for the service-management sector during the month.
In November 2015, CSC agreed to acquire the shares of UXC, an IT services company based in Australia in a deal valued at A$427.6 million (US$309 million).
In December 2015, business technology and services provider, Xchanging, agreed to be purchased by CSC.
In February 2016, CSC announced it was moving its headquarters to Tysons, Fairfax County's central business district, just a few miles from Annandale.
On April 3, 2017, it merged with HP Enterprise Services to create DXC Technology.
CSC ranked among the leading IT service providers in the world. Geographically, CSC had major operations throughout North America, Europe, Asia, and Australia.
The company operated in three broad service lines or sectors until the 2015 divestment of NPS, its public sector:
The company made several acquisitions, including DynCorp in 2003 and Covansys Corporation in 2007.
2016-07-09 | Reiterated Rating | Barclays PLC | Buy | |
2016-06-29 | Reiterated Rating | Jefferies Group | Buy | $63.00 |
2016-05-26 | Boost Price Target | Jefferies Group | Buy | $36.00 to $63.00 |
2016-05-26 | Reiterated Rating | Cantor Fitzgerald | Hold | |
2016-05-26 | Reiterated Rating | Citigroup Inc. | Hold | |
2016-05-25 | Reiterated Rating | Deutsche Bank | Hold | $34.00 to $48.00 |
2016-05-25 | Reiterated Rating | Wells Fargo | Hold | |
2016-05-25 | Upgrade | BMO Capital Markets | Market Perform to Outperform | |
2016-05-25 | Downgrade | Raymond James | Outperform to Market Perform | |
2016-05-25 | Upgrade | Barclays | Equal Weight to Overweight | $35.00 to $54.00 |
2016-05-25 | Reiterated Rating | Deutsche Bank AG | Hold | $34.00 to $48.00 |
2016-05-25 | Reiterated Rating | Wells Fargo & Co. | Hold | |
2016-05-25 | Downgrade | Raymond James Financial Inc. | Outperform to Market Perform | |
2016-05-25 | Upgrade | Barclays PLC | Equal Weight to Overweight | $35.00 to $54.00 |
2016-05-19 | Reiterated Rating | Jefferies Group | Buy | |
2016-04-13 | Downgrade | Wells Fargo | Outperform to Market Perform | $34.00 to $33.00 |
2016-03-09 | Reiterated Rating | Goldman Sachs | Neutral | $35.00 |
2016-03-09 | Reiterated Rating | Goldman Sachs Group Inc. | Neutral | $35.00 |
2016-02-26 | Downgrade | Citigroup Inc. | Buy to Neutral | |
2016-02-18 | Initiated Coverage | Cowen and Company | Market Perform | $29.00 |
2016-02-10 | Reiterated Rating | Deutsche Bank | Hold | |
2016-02-10 | Lower Price Target | BMO Capital Markets | Market Perform | $35.00 to $34.00 |
2016-02-10 | Reiterated Rating | Cantor Fitzgerald | Hold | $30.00 |
2016-02-07 | Reiterated Rating | BMO Capital Markets | Hold | $35.00 |
2016-02-06 | Reiterated Rating | Jefferies Group | Buy | |
2016-01-05 | Reiterated Rating | Deutsche Bank | Hold | |
2016-01-05 | Downgrade | Barclays | Overweight to Equal Weight | $76.00 to $35.00 |
2016-01-04 | Reiterated Rating | Cantor Fitzgerald | Hold | |
2015-12-29 | Reiterated Rating | Cantor Fitzgerald | Hold | $33.00 |
2015-12-16 | Lower Price Target | Raymond James | Outperform | $81.00 to $35.00 |
2015-12-09 | Upgrade | Jefferies Group | Hold to Buy | |
2015-12-01 | Downgrade | SunTrust | Buy to Neutral | $78.00 to $34.00 |
2015-12-01 | Downgrade | SunTrust Banks Inc. | Buy to Neutral | $78.00 to $34.00 |
2015-11-20 | Initiated Coverage | Cowen and Company | Outperform | |
2015-11-02 | Lower Price Target | RBC Capital | Sector Perform | $68.00 to $67.00 |
2015-11-02 | Lower Price Target | JPMorgan Chase & Co. | Underweight | $67.00 to $62.00 |
2015-11-02 | Lower Price Target | BMO Capital Markets | Market Perform | $65.00 to $63.00 |
2015-11-02 | Lower Price Target | Barclays | Equal Weight | $67.00 to $64.00 |
2015-11-02 | Lower Price Target | Royal Bank Of Canada | Sector Perform | $68.00 to $67.00 |
2015-10-16 | Initiated Coverage | Cantor Fitzgerald | Hold | $64.00 |
2015-09-02 | Reiterated Rating | BMO Capital Markets | Hold | $72.00 |
2015-09-01 | Lower Price Target | Deutsche Bank | Hold | $73.00 to $65.00 |
2015-09-01 | Upgrade | Barclays | Equal Weight to Overweight | |
2015-08-14 | Boost Price Target | JPMorgan Chase & Co. | Neutral | $66.00 to $71.00 |
2015-08-12 | Reiterated Rating | BMO Capital Markets | Hold | $72.00 |
2015-08-12 | Upgrade | SunTrust | Neutral to Buy | $78.00 |
2015-08-07 | Upgrade | Citigroup Inc. | Neutral to Buy | $73.00 to $77.00 |
2015-08-04 | Reiterated Rating | Deutsche Bank | Hold | $73.00 |
2015-08-03 | Reiterated Rating | Barclays | Equal Weight | $74.00 to $68.00 |
2015-05-27 | Upgrade | Wells Fargo & Co. | Market Perform to Outperform | |
2015-05-27 | Upgrade | Wells Fargo | Market Perform to Outperform | |
2015-05-23 | Reiterated Rating | Jefferies Group | Hold | $70.00 |
2015-05-20 | Boost Price Target | Barclays | Equal Weight | $64.00 to $74.00 |
2015-05-20 | Boost Price Target | Deutsche Bank | Hold | $55.00 to $73.00 |
2015-05-20 | Reiterated Rating | Cowen and Company | Market Perform | $75.00 |
2015-05-20 | Upgrade | Morgan Stanley | Underweight to Equal Weight | $63.00 to $73.00 |
2015-05-20 | Upgrade | JPMorgan Chase & Co. | Underweight to Neutral | |
2015-04-14 | Downgrade | Goldman Sachs | Buy to Neutral | $68.00 |
2015-02-24 | Reiterated Rating | BMO Capital Markets | Market Perform | $63.00 |
2015-02-24 | Downgrade | Stifel Nicolaus | Buy to Hold | |
2015-02-23 | Reiterated Rating | JPMorgan Chase & Co. | Sell | |
2015-02-10 | Set Price Target | Morgan Stanley | Sell | $58.00 |
2015-02-10 | Lower Price Target | Barclays | Equal Weight | $67.00 to $64.00 |
2015-02-10 | Set Price Target | BMO Capital Markets | Hold | $63.00 |
2015-01-15 | Downgrade | JPMorgan Chase & Co. | Neutral to Underweight | $65.00 to $67.00 |
2015-01-12 | Boost Price Target | Barclays | Equal Weight | $64.00 to $67.00 |
2015-01-09 | Boost Price Target | Citigroup Inc. | Neutral | $62.00 to $67.50 |
2014-11-07 | Reiterated Rating | Morgan Stanley | Underweight | $60.00 to $58.00 |
2014-10-01 | Upgrade | Morgan Stanley | Underweight to Outperform | $60.00 |
2014-09-30 | Upgrade | Raymond James | Market Perform to Outperform | $75.00 |
2014-09-29 | Initiated Coverage | Goldman Sachs | Buy | $72.00 |
2014-08-26 | Initiated Coverage | RBC Capital | Sector Perform | $66.00 |
2014-07-07 | Initiated Coverage | Morgan Stanley | Underweight | $60.00 |
2014-06-16 | Reiterated Rating | Barclays | Equal Weight | $58.00 to $67.00 |
2014-05-12 | Reiterated Rating | Jefferies Group | Hold | $59.00 to $62.00 |
2014-05-09 | Reiterated Rating | Citigroup Inc. | Hold | $60.00 to $62.00 |
2014-05-09 | Boost Price Target | Stifel Nicolaus | Buy | $60.00 to $68.00 |
2014-05-09 | Boost Price Target | BMO Capital Markets | Market Perform | $60.00 to $65.00 |
2014-03-25 | Initiated Coverage | SunTrust | Neutral | $68.00 |
2014-03-03 | Upgrade | Ned Davis Research | Neutral to Buy | |
2014-02-19 | Boost Price Target | Cowen and Company | $60.00 to $75.00 | |
2014-01-31 | Boost Price Target | Deutsche Bank | Hold | $50.00 to $55.00 |
2014-01-31 | Boost Price Target | BMO Capital Markets | $53.00 to $60.00 | |
2014-01-31 | Boost Price Target | Barclays | Equal Weight | $56.00 to $58.00 |
2014-01-31 | Upgrade | JPMorgan Chase & Co. | Underweight to Neutral | $59.00 |
2014-01-21 | Boost Price Target | Barclays | Equal Weight | $53.00 to $56.00 |
2013-11-11 | Downgrade | Ned Davis Research | Buy to Neutral | |
2013-10-31 | Reiterated Rating | BMO Capital Markets | Market Perform | $54.00 to $53.00 |
2013-10-17 | Initiated Coverage | Tigress Financial | Neutral | |
2012-11-19 | Upgrade | Deutsche Bank | Hold to Buy | $46 |
2011-06-09 | Reiterated | Stifel Nicolaus | Buy | $53 to $50 |
2011-05-26 | Reiterated | Stifel Nicolaus | Buy | $55 to $53 |
2016-07-09 | Reiterated Rating | Barclays PLC | Buy | |
2016-06-29 | Reiterated Rating | Jefferies Group | Buy | $63.00 |
2016-05-26 | Boost Price Target | Jefferies Group | Buy | $36.00 to $63.00 |
2016-05-26 | Reiterated Rating | Cantor Fitzgerald | Hold | |
2016-05-26 | Reiterated Rating | Citigroup Inc. | Hold |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In CSC 27 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Fund Advisors | 5.79M |
BlackRock Institutional Trust Company, N.A. | 4.21M |
RUSSELL FRANK CO/ | 0.99M |
BlackRock Group LTD | 0.90M |
JANUS CAPITAL MANAGEMENT LLC | 0.58M |
BlackRock Investment Management, LLC | 0.52M |
BLACKROCK ADVISORS LLC | 0.44M |
MANAGED ACCOUNT ADVISORS LLC | 0.19M |
BlackRock Japan Co. Ltd | 0.18M |
LeVasseur Capital Partners LLC | 0.13M |
EverPoint Asset Management, LLC | 85000 |
Talkot Capital, LLC | 50000 |
RHJ International SA | 43719 |
KEELEY ASSET MANAGEMENT CORP | 37535 |
MARQUE MILLENNIUM CAPITAL MANAGEMENT LCC | 31920 |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
LAWRIE JOHN M President and CEO | 0.26% (380729) | CSC / CSRA / JNPR / |
Cook James Dennis Ex VP Global Industries | 0.04% (58482) | CSC / |
CHASE RODNEY F | 0.04% (55082) | CSC / HES / TSO / |
Zolet David W Ex VP & GM NPS | 0.03% (43682) | CSC / |
Budzinski Gary M. Exec VP & GM GIS | 0.03% (37051) | CSC / |
BARRAM DAVID J | 0.02% (31200) | CSC / |
HABERKORN JUDITH R | 0.01% (21200) | CSC / |
BAILEY IRVING W II Retired Director | 0.01% (18652) | CSC / HSP / |
Brynjolfsson Erik | 0.01% (16787) | CSC / |
Bahl Romil EVP & GM Global Industries | 0.01% (16603) | CSC / PRGX / |
PARK CHONG SUP | 0.01% (12300) | BRKS / CSC / ENPH / STX / |
Hogan Thomas E Exec VP & GM GBS | 0.01% (11711) | CSC / |
Prior Lawrence B III Exec VP & GM NPS | 0.01% (11539) | CSC / CSRA / |
Holzer Sunita Exec VP and CHRO | 0.01% (11355) | CSC / RLGY / SJI / |
Mahadwar Ashish EVP & GM Strategic Business | 0.01% (11149) | CSC / |