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Conduent Inc (CNDT.N)

CNDT.N on New York Stock Exchange

8.95USD
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Change (% chg)

$-0.29 (-3.14%)
Prev Close
$9.24
Open
$9.25
Day's High
$9.31
Day's Low
$8.93
Volume
757,119
Avg. Vol
720,164
52-wk High
$23.39
52-wk Low
$7.14

Latest Key Developments (Source: Significant Developments)

Carl Icahn Reports Stake Of 14.94% In Conduent Inc As Of May 20
Monday, 20 May 2019 

May 20 (Reuters) - Conduent Inc ::CARL ICAHN REPORTS STAKE OF 14.94% IN CONDUENT INC AS OF MAY 20 - SEC FILING.CARL ICAHN HAD EARLIER REPORTED STAKE OF 13.74% IN CONDUENT INC AS OF MAY 13 - SEC FILING.  Full Article

Carl C. Icahn Reports Stake Of 13.74% In Conduent Inc As Of May 13 - SEC Filing
Monday, 13 May 2019 

May 13 (Reuters) - Conduent Inc ::CARL C. ICAHN REPORTS STAKE OF 13.74% IN CONDUENT INC AS OF MAY 13 - SEC FILING.  Full Article

Conduent, Xerox Entered Into First Amendment To Settlement Agreement And Release Between Cos And State Of Texas
Monday, 6 May 2019 

May 6 (Reuters) - Conduent Inc ::CONDUENT INC - CO, XEROX ENTERED INTO FIRST AMENDMENT TO SETTLEMENT AGREEMENT AND RELEASE BETWEEN COS AND STATE OF TEXAS.CONDUENT - AMOUNT PAID TO STATE IN FULL SETTLEMENT OF STATE ACTION WILL BE PAID AS FOLLOWS; $40 MILLION BEFORE APRIL 15, WHICH CO ALREADY PAID.CONDUENT - AMOUNT PAID TO STATE IN FULL SETTLEMENT OF STATE ACTION WILL BE PAID AS FOLLOWS; $78 MILLION ON/BEFORE MAY 15, $118 MILLION ON/BEFORE JAN 15, 2020.CONDUENT INC - IN ORDER TO SECURE SECOND PAYMENT, CONDUENT DEFENDANTS WILL PROVIDE BANK ISSUED LETTERS OF CREDIT IN FULL AMOUNT OF SECOND PAYMENT.  Full Article

Carl Icahn Says On April 8, Michael Nevin Resigned As Conduent Inc's Director
Thursday, 11 Apr 2019 

April 11 (Reuters) - Conduent Inc ::CARL ICAHN - ON APRIL 8, MICHAEL NEVIN RESIGNED AS CONDUENT INC'S DIRECTOR BECAUSE OF DISAGREEMENTS RELATING TO CONDUENT'S OPERATIONS.CARL ICAHN - ON APRIL 11, DESIGNATED JESSE LYNN AS REPLACEMENT FOR MICHAEL NEVIN.  Full Article

Conduent Inc Sees 2019 Restructuring Costs $40 Million To $45 Million
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Conduent Inc ::CONDUENT INC SEES 2019 RESTRUCTURING COSTS $40 MILLION TO $45 MILLION.CONDUENT INC SEES 2019 CAPEX ABOUT 4.5 PERCENT OF REVENUE.  Full Article

Conduent Inc Q4 Revenue $1.282 Billion
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Conduent Inc ::CONDUENT REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS; IMPROVED NEW BUSINESS SIGNINGS, STRONG CASH GENERATION AND OVERACHIEVED ON TRANSFORMATION INITIATIVE.Q4 ADJUSTED EARNINGS PER SHARE $0.26 FROM CONTINUING OPERATIONS.Q4 GAAP LOSS PER SHARE $0.69 FROM CONTINUING OPERATIONS.Q4 REVENUE $1.282 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.26 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.26 -- REFINITIV IBES DATA.SEES FY 2019 REVENUE UP 0.5 PERCENT TO 1.5 PERCENT IN CONSTANT CURRENCY.HEADCOUNT OF APPROXIMATELY 82,000 AS OF DECEMBER 31, 2018 COMPARED WITH APPROXIMATELY 90,000 AS OF DECEMBER 31, 2017..SEES 2019 ADJUSTED. EBITDA $590 MILLION - $610 MILLION.QTRLY TOTAL SIGNINGS TCV UP 7.4%, DRIVEN BY NEW BUSINESS TCV SIGNINGS UP 6.3% YEAR/YEAR.SEES 2019 ADJUSTED. FREE CASH FLOW OF ABOUT 35% OF ADJUSTED. EBITDA.  Full Article

Gold Coast Health Plan Selects Conduent For Medicaid Managed Care Administration
Thursday, 31 Jan 2019 

Conduent Inc ::GOLD COAST HEALTH PLAN SELECTS CONDUENT FOR MEDICAID MANAGED CARE ADMINISTRATION.CONDUENT INC - WAS AWARDED $100 MILLION, SEVEN-YEAR CONTRACT EXTENSION TO PROVIDE THIRD-PARTY ADMINISTRATION SERVICES FOR GOLD COAST HEALTH PLAN.  Full Article

Conduent Inc Says Co Entered Into A Shareholders Agreement With Darwin Deason
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - Conduent Inc ::CONDUENT SAYS ON DECEMBER 18, THE COMPANY ENTERED INTO A SHAREHOLDERS AGREEMENT WITH DARWIN DEASON - SEC FILING.CONDUENT SAYS AS PER SHAREHOLDERS AGREEMENT WITH DARWIN DEASON, CO APPOINTED SCOTT LETIER TO BOARD TO FILL VACANCY DUE TO PAUL GALANT’S RESIGNATION.CONDUENT SAYS CO HAS AGREED TO INCLUDE LETIER AS PART OF CO’S SLATE OF NOMINEES FOR ELECTION TO BOARD AT 2019 ANNUAL MEETING.  Full Article

Darwin Deason Reports 5.8 Pct Stake In Conduent Inc As Of Dec. 18
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - Conduent Inc ::DARWIN DEASON REPORTS 5.8 PERCENT STAKE IN CONDUENT INC AS OF DECEMBER 18 - SEC FILING.  Full Article

Carl Icahn Raises Stake In Conduent Inc To 11.64 Pct From 10.56 Pct
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Conduent Inc ::CARL ICAHN RAISES STAKE IN CONDUENT INC TO 11.64 PERCENT AS OF DEC 3, FROM A STAKE OF 10.56 PERCENT AS OF NOV 13 - SEC FILING.  Full Article