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Unisys sees big gains following CEO announcement

Dec. 16, 2014 1:49 PM ETUnisys Corporation (UIS) StockUISBy: Eric Jhonsa, SA News Editor
  • Investors are giving a thumbs-up to Unisys' (UIS +8.2%) hiring of ex-Perot Systems/Micros chief Peter Altabef to be the company's new CEO. Shares had fallen sharply in October after J. Edward Coleman announced his retirement plans.
  • The fact the last two companies run by Altabef would up being acquired likely hasn't escaped notice.

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