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Conduent Inc (CNDT.N)

CNDT.N on New York Stock Exchange

20.60USD
17 Oct 2018
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$-0.07 (-0.34%)
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Latest Key Developments (Source: Significant Developments)

Conduent Announces Agreement To Sell Portfolio Of Select Customer Care Contracts
Monday, 1 Oct 2018 

Oct 1 (Reuters) - Conduent Inc ::CONDUENT ANNOUNCES AGREEMENT TO SELL PORTFOLIO OF SELECT CUSTOMER CARE CONTRACTS.ENTERED AGREEMENT TO SELL A PORTFOLIO OF SELECT STANDALONE CUSTOMER CARE CONTRACTS TO SKYVIEW CAPITAL.  Full Article

Conduent Reports Q2 Adjusted Earnings Per Share $0.29 From Continuing Operations
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Conduent Inc ::CONDUENT REPORTS SECOND QUARTER 2018 RESULTS; STRONG EARNINGS GROWTH; EXECUTING ON DIGITAL INTERACTIONS STRATEGY AND MEANINGFUL PROGRESS ON PORTFOLIO ACTIONS.Q2 ADJUSTED EARNINGS PER SHARE $0.29 FROM CONTINUING OPERATIONS.Q2 GAAP EARNINGS PER SHARE $0.04 FROM CONTINUING OPERATIONS.Q2 REVENUE $1.387 BILLION VERSUS I/B/E/S VIEW $1.39 BILLION.Q2 EARNINGS PER SHARE VIEW $0.22 -- THOMSON REUTERS I/B/E/S.FY 2018 GUIDANCE REMAINS UNCHANGED SINCE ANALYST DAY.TOTAL CONTRACT VALUE SIGNINGS OF $1,947 MILLION FOR QUARTER WERE UP 56.5% COMPARED WITH Q2 2017.FY2018 REVENUE VIEW $5.50 BILLION -- THOMSON REUTERS I/B/E/S.SEES FY 2018 REVENUE IN CONSTANT CURRENCY IN THE RANGE OF $5.41 BILLION TO $5.61 BILLION.  Full Article

Conduent In Agreement To Sell Its Constituent Government Software Solutions Business
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Conduent Inc ::PRESS RELEASE - CONDUENT ANNOUNCES AGREEMENT TO SELL ITS CONSTITUENT GOVERNMENT SOFTWARE SOLUTIONS BUSINESS.CONDUENT INC - TO SELL ITS LOCAL AND MUNICIPAL CONSTITUENT GOVERNMENT SOFTWARE SOLUTIONS BUSINESS TO AVENU INSIGHTS & ANALYTICS.  Full Article

Conduent Wins Contract Worth Approximately $1 Bln With Global Fortune 50 Company
Monday, 16 Jul 2018 

July 16 (Reuters) - Conduent Inc ::CONDUENT WINS CONTRACT WORTH APPROXIMATELY $1 BILLION WITH GLOBAL FORTUNE 50 COMPANY.CONDUENT INC - HAS BEEN AWARDED A THREE-YEAR CONTRACT, WORTH APPROXIMATELY $1 BILLION.  Full Article

Conduent To Sell Its Commercial Vehicle Operations Business
Friday, 18 May 2018 

May 18 (Reuters) - Conduent Inc ::PRESS RELEASE - CONDUENT ANNOUNCES AGREEMENT TO SELL ITS COMMERCIAL VEHICLE OPERATIONS BUSINESS.CONDUENT INC - DIVESTITURE IS PART OF PREVIOUSLY ANNOUNCED CONDUENT PLAN TO DIVEST $250 TO $500 MILLION IN REVENUE ASSOCIATED WITH NON-CORE ASSETS.  Full Article

Conduent Plans To Divest Up To $500 Mln In 2018 Revenue Associated With Non-Core Assets Across Company
Monday, 30 Apr 2018 

April 30 (Reuters) - Conduent Inc ::PRESS RELEASE - CONDUENT ANNOUNCES AGREEMENT TO SELL NON-CORE CONSULTING AND ACTUARIAL SEGMENT OF HUMAN RESOURCE SERVICES BUSINESS.CONDUENT INC - PLAN TO DIVEST UP TO $500 MILLION IN REVENUE IN 2018 ASSOCIATED WITH NON-CORE ASSETS ACROSS COMPANY..CONDUENT INC - CONDUENT WILL RETAIN CERTAIN ASSETS IN LINE WITH ITS CORE TECHNOLOGY PLATFORM BUSINESS.CONDUENT INC - DEAL ALSO INCLUDES HUMAN RESOURCE CONSULTING AND OUTSOURCING BUSINESSES LOCATED IN CANADA AND U.K..  Full Article

Conduent Announces Agreement To Sell Off-Street Parking Business
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Conduent Inc ::CONDUENT ANNOUNCES AGREEMENT TO SELL OFF-STREET PARKING BUSINESS.CONDUENT ANNOUNCES AGREEMENT TO SELL OFF-STREET PARKING BUSINESS.CONDUENT - TO SELL ITS OFF-STREET PARKING BUSINESS, INCLUDING CONDUENT MULTIPARK SYSTEM IN FRANCE & U.K., U.S. AIRPORT PARKING BUSINESS, TO ANDERA PARTNERS.  Full Article

Conduent Says Co Entered Into Definitive Settlement Agreement With State Of New York Regarding Resolution Of HE Platform Project​
Wednesday, 29 Nov 2017 

Nov 29 (Reuters) - Conduent Inc ::CONDUENT- ‍ON NOV. 28, CO ENTERED INTO DEFINITIVE SETTLEMENT AGREEMENT WITH STATE OF NEW YORK REGARDING RESOLUTION OF HE PLATFORM PROJECT​.CONDUENT SAYS UNDER TERMS OF SETTLEMENT COMPANY'S CONTRACT WITH STATE OF NEW YORK WILL TERMINATE EFFECTIVE DECEMBER 15, 2017 - SEC FILING.CONDUENT INC - ALSO UNDER TERMS OF SETTLEMENT COMPANY WILL PAY, OR INCUR COSTS ON BEHALF OF, STATE OF NEW YORK IN AMOUNT OF APPROXIMATELY $20.2 MILLION.  Full Article

Conduent reports Q3 ‍adjusted EPS $0.22​
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Conduent Inc :Conduent Inc qtrly ‍adjusted EPS $0.22​.Conduent Inc qtrly ‍GAAP loss per share $0.09​.Q3 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.Conduent Inc - ‍Q3 2017 revenues were $1,480 million, down 7% compared to Q3 2016​.Q3 earnings per share view $0.20, revenue view $1.51 billion -- Thomson Reuters I/B/E/S.Conduent Inc sees ‍ FY 2017 free cash flow 20 percent - 30 percent of adjusted EBITDA​.Conduent Inc - ‍ Targeting an additional $250 million to $500 million of revenue for potential divestiture in near term​.Conduent Inc sees ‍ FY 2017 revenue on a constant currency basis down 4.5 percent - 6.5 percent​.Conduent Inc - ‍ Now expecting restructuring costs of $90 million - $95 million for full year 2017​.Conduent Inc - ‍Headcount of approximately 90,000 as of September 30, 2017 compared with approximately 96,000 as of December 31, 2016.  Full Article

Conduent - Co terminated legacy deferred compensation plans
Wednesday, 4 Oct 2017 

Oct 4 (Reuters) - Conduent Inc :Conduent - ‍on September 29, co terminated legacy deferred compensation plans and company owned life insurance which held plans' investment​.Conduent Inc - will record approximately $19 million in tax expense on transaction​.Conduent says will make payments to plan participants of approximately $15 million in 2017 and approximately $101 million in 2018​ - SEC filing.Conduent- because plans were overfunded, about $25 million in cash on co's balance sheet that was unavailable for use to become available by end of 2018.Conduent Inc - ‍tax expense to have an approximately 9 cent impact on GAAP earnings per share, for company's Q3 and full year results​.  Full Article

U.S senators call for investigation of road toll systems vendor

July 30 Two U.S. senators on Monday asked the Federal Trade Commission to investigate an electronic toll systems vendor, accusing the company of mismanaging road toll systems in several states.