Computer Sciences (CSC -6.3%) sells off yet again after disclosing it will recognize an...

|About: Computer Sciences Corporation (CSC)|By:, SA News Editor

Computer Sciences (CSC -6.3%) sells off yet again after disclosing it will recognize an impairment charge as large as $1.5B related to a massive contract with the U.K.'s National Health Service, which the company remains in the process of renegotiating. In addition, citing the uncertainty surrounding the negotiations, Computer Sciences is withdrawing its guidance for FY12 (ends March '12).