International Business News - CSC http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif The Danish cycling team led by former Tour de France winner Bjarne Riis lost one of its main sponsors Monday after software firm IT Factory declared bankruptcy and said its chief executive had embezzled 500 million kroner ($85 million). http://www.ibtimes.com/articles/20081201/danish-cycling-team-loses-sponsor-in-fraud-scandal.htm Mon, 01 Dec 2008 10:01:14 EST Computer Sciences Corp., which provides information-technology services, said Wednesday it named Michael Mancuso chief financial officer. Mancuso takes over for Donald DeBuck, who has been interim CFO since February. Mancuso had been the top financial executive at General Dynamics Corp. http://www.ibtimes.com/articles/20081113/csc-names-michael-mancuso-finance-chief.htm Thu, 13 Nov 2008 13:35:09 EST Computer Sciences Corp., which provides information-technology services, said Wednesday it named Michael Mancuso chief financial officer. Mancuso takes over for Donald DeBuck, who has been interim CFO since February. Mancuso had been the top financial executive at General Dynamics Corp. http://www.ibtimes.com/articles/20081113/csc-names-michael-mancuso-finance-chief.htm Thu, 13 Nov 2008 13:31:28 EST CACI International Inc. said Wednesday Michael Mancuso will not run for re-election to its board after the director took the top financial job at Computer Sciences Corp. http://www.ibtimes.com/articles/20081112/caci-director-mancuso-to-step-down.htm Wed, 12 Nov 2008 18:10:27 EST Among the earnings stories for Wednesday, Nov. 12, from AP Financial News: WATERBURY, Vt. (AP)--Specialty coffee maker Green Mountain Coffee Roasters Inc. reported Wednesday that its fiscal fourth-quarter profit nearly doubled as sales jumped 45 percent. http://www.ibtimes.com/articles/20081112/earnings-roundup-green-mountain-netapp.htm Wed, 12 Nov 2008 17:56:24 EST Among the earnings projection stories for Wednesday, Nov. 12, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20081112/outlook-roundup-intel-computer-sciences.htm Wed, 12 Nov 2008 17:54:48 EST Computer Sciences Corp., which provides information-technology services, said Wednesday it named Michael Mancuso chief financial officer. Mancuso takes over for Doug DeBuck, who has been interim CFO since February. Mancuso had been the top financial executive at General Dynamics Corp. http://www.ibtimes.com/articles/20081112/csc-names-michael-mancuso-finance-chief.htm Wed, 12 Nov 2008 17:20:32 EST Computer Sciences Corp., which provides information-technology services, said Wednesday fiscal second-quarter earnings surged on the back of a tax benefit and revenue rose 6 percent. http://www.ibtimes.com/articles/20081112/computer-sciences-2q-profit-surges-on-tax-benefit.htm Wed, 12 Nov 2008 17:04:35 EST Computer Sciences Corp., which provides information technology services, on Wednesday issued third-quarter financial targets that are lower than Wall Street estimates. http://www.ibtimes.com/articles/20081112/computer-sciences-3q-forecast-misses-street.htm Wed, 12 Nov 2008 16:59:31 EST The New York State Department of Health has extended a contract with Computer Sciences Corp., the company said Monday, in a deal worth $322 million over three years. http://www.ibtimes.com/articles/20081103/ny-extends-computer-sciences-contact-for-3-years.htm Mon, 03 Nov 2008 11:13:03 EST Computer Sciences Corp. said Thursday it received a $192 million contract from the Army for support center services. Under terms of the agreement, the information technology outsourcing company will be responsible for command, control, communications, computers, intelligence, surveillance and reconnaissance regional support center services. http://www.ibtimes.com/articles/20081030/computer-sciences-receives-192m-us-army-contract.htm Thu, 30 Oct 2008 09:36:05 EDT Information technology outsourcing firm Computer Sciences Corp. said Friday it received $4.3 billion in previously unannounced orders during its fiscal second quarter. http://www.ibtimes.com/articles/20081024/computer-sciences-books-4-6-billion-in-2q-orders.htm Fri, 24 Oct 2008 11:19:40 EDT Information technology outsourcing company Computer Sciences Corp. said Thursday it has obtained a $172 million U.S. Navy task order extension to continue providing operation, maintenance and logistical support services. http://www.ibtimes.com/articles/20081023/csc-obtains-extended-172-million-navy-contract.htm Thu, 23 Oct 2008 18:08:51 EDT With companies' prospects for short-term funding looking less dire, many are now more concerned about a prolonged strain in the market for longer-term credit. http://www.ibtimes.com/articles/20081023/corporate-bond-stress-adds-to-companies-worries.htm Thu, 23 Oct 2008 18:24:06 EDT Computer Sciences Corp. said Thursday it drew down its entire $1.5 billion revolving credit facility amid the ongoing credit crisis. Computer Sciences took the action to ensure stable liquidity as the commercial paper market--a short-term debt market that helps companies finance day-to-day operations--has all but shutdown amid the ongoing credit turmoil as banks worry about companies defaulting on loans. http://www.ibtimes.com/articles/20081023/computer-sciences-draws-1-5b-from-credit-line.htm Thu, 23 Oct 2008 08:07:52 EDT Information-technology contractor Computer Sciences Corp. on Monday said it has received a contract worth up to $300 million from the federal Department of Education. http://www.ibtimes.com/articles/20081020/csc-gets-dept-of-ed-contract-worth-up-to-300m.htm Mon, 20 Oct 2008 16:13:51 EDT Information technology outsourcing company Computer Sciences Corp. said Tuesday it signed a contract worth up to $106 million with Eclipse Aviation to manage the light jet maker's IT systems. http://www.ibtimes.com/articles/20081014/csc-signs-106m-contract-with-eclipse-aviation.htm Tue, 14 Oct 2008 09:22:56 EDT The Pentagon has awarded a $5.7 million contract to Computer Sciences Corp. for work with the agency that deals with protection from weapons of mass destruction. http://www.ibtimes.com/articles/20081008/csc-gets-5-7m-defense-department-contract.htm Wed, 08 Oct 2008 10:14:02 EDT The Food and Drug Administration said Tuesday it will spend as much as $2.5 billion to upgrade the technology it uses to track the safety of food, drugs and other products. http://www.ibtimes.com/articles/20080930/fda-to-spend-2-5b-on-technology-upgrade.htm Tue, 30 Sep 2008 17:08:15 EDT The Navy has awarded a $6.6 million contract to Computer Sciences Corp. for technical support work. The contract, announced Monday, is for support of operations by the Marine Corps at bases worldwide. http://www.ibtimes.com/articles/20080930/computer-sciences-corp-gets-6-6m-navy-contract.htm Tue, 30 Sep 2008 12:03:06 EDT