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April 30, 2008

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ACS WINS 5-YEAR-EXTENSION FROM NIKE...Affiliated Computer Services, Inc. has been awarded a five-year contract extension to provide comprehensive information technology outsourcing services to NIKE, Inc., the world's leading designer, marketer and distributor of athletic footwear, apparel, equipment and accessories. Under the terms of the deal, ACS will supply end-to-end infrastructure services, including global datacenter, network, security, mainframe, midrange and messaging from strategically located ACS delivery centers in the United States, Asia and the Americas, including ACS' Northwest Regional Datacenter located in Hillsboro, Oregon. Additionally, ACS will provide services from NIKE datacenters located in Andover, Mass., Memphis, Tenn., and Hilversum, the Netherlands.

CONVERGYS REPORTS FIRST QUARTER...Convergys Corporation reported revenues of $716.4 million in the first quarter of 2008 compared with $719.9 million in the same period last year. EPS were $0.28. Operating income in the first quarter was $38.9 million compared to $65.2 million in the same period a year ago. The company confirmed its 2008 guidance of revenues of $2.85 to $3.0 billion and GAAP earnings of $1.31 to $1.36, per diluted share.

UNISYS REPORTS FIRST QUARTER LOSS...Unisys Corporation reported a loss of $23.4 million, or 7 cents per share, compared with a profit of $3.6 million, or a penny per share, in the year-ago period. The company's revenue dropped to $1.3 billion from $1.35 billion. Foreign currency exchange rates had an approximately 5 percentage-point positive impact on revenue in the quarter.

HEWITT ASSOCIATES ACQUIRES LCG...Hewitt Associates is expanding its suite of HR outsourcing solutions through the acquisition of LCG and its wholly-owned subsidiary, Disability Management Alternatives, LLC, an expert in employee absence management. Under the terms of the agreement, Hewitt will acquire LCG, which provides an array of integrated disability, leave and absence management solutions for mid- to large-sized employers.

CAPGEMINI NAMES NEW CMO... Christopher K. Williams has been appointed vice president and North America chief marketing officer (CMO) of Capgemini. Williams is responsible for leading the strategic positioning of the company, driving marketing and communication strategy and leveraging the company’s strong focus on innovation across the company’s consulting, technology and outsourcing services in North America.

Posted by jbowles at April 30, 2008 06:16 PM