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January 25, 2007
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CSC SIGNS $378 MILLION BLUESCOPE STEEL DEAL...Computer Sciences Corporation has signed an information technology (IT) services contract with BlueScope Steel Ltd., a leading international flat steel solutions company. The contract, which includes a four-year base period and two two-year options, has a potential value of $378 million (AUD$480 million) if all options are exercised. CSC will be responsible for managing and delivering a diverse set of IT services ranging from consulting, applications development and support, disaster recovery, systems integration and end-user services on a variety of technology platforms.
IBM EARNINGS UP...IBM announced fourth-quarter 2006 diluted earnings of $2.26 per share from continuing operations, an increase of 12 percent as reported, compared with diluted earnings of $2.01 per share in the fourth quarter of 2005; the fourth-quarter 2005 diluted earnings include $0.10 per share for a one- time pretax curtailment charge of $267 million related to pension changes. Diluted earnings per share for the fourth-quarter 2006 grew 7 percent compared with the year-ago quarter of $2.11 per diluted share, without the one-time per share charge. Fourth-quarter 2006 diluted earnings per share include a $0.06 benefit as a result of a lower tax rate.
UNISYS EARNINGS UP FOR QUARTER...Unisys Corporation reported fourth-quarter 2006 pre-tax income of $49.3 million. Operating profit margins and earnings improved significantly in the quarter and service orders showed double-digit growth for the second consecutive quarter driven by strong demand for outsourcing. Fourth-quarter 2006 pre-tax income of $49.3 million increased 81 percent from pre-tax income of $27.2 million for the fourth quarter of 2005. The company reported fourth-quarter 2006 net income of $21.3 million, or 6 cents per share. The results included pre-tax pension expense of $43.7 million. These results compared with a fourth-quarter 2005 net loss of $31.1 million, or 9 cents per share, which included pre-tax pension expense of $44.3 million.
ACCENTURE OPENS SECOND CZECH CENTER...Accenture has opened its second Czech delivery center in Brno, which will provide application outsourcing for European clients. The Brno center will complement Accenture’s existing global delivery network of 44 delivery centers. In Central and Eastern Europe, Accenture already operates delivery centers in Bratislava, Bucharest, Prague, Riga and Warsaw. Accenture opened its Prague delivery center in 2001 and has been operating in the Czech Republic since 1991.
ACS NAMES FORMER WORLD BANK OFFICIAL TO BOARD...Robert Holland, former U.S. Executive Director of the World Bank, has joined the Board of Directors of Affiliated Computer Services, Inc.
Posted by jbowles at January 25, 2007 07:59 PM
