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


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).

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  • Stoploss
    , contributor
    Comments (1713) | Send Message
     
    Free healthcare working it's magic.
    27 Dec 2011, 10:20 AM Reply Like
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