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Conduent Inc (CNDT.N)

CNDT.N on New York Stock Exchange

11.68USD
12 Dec 2018
Change (% chg)

$0.15 (+1.30%)
Prev Close
$11.53
Open
$11.69
Day's High
$11.89
Day's Low
$11.63
Volume
689,483
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538,933
52-wk High
$23.39
52-wk Low
$11.42

Latest Key Developments (Source: Significant Developments)

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

Conduent Reports $11 Mln of Severance Costs From Job Cuts
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Conduent Inc ::CONDUENT - RESTRUCTURING COSTS FOR 3 MONTHS ENDED SEPT 30, INCLUDE $11 MILLION OF SEVERANCE COSTS DUE TO HEADCOUNT REDUCTIONS OF ABOUT 1,400 EMPLOYEES.  Full Article

Conduent Q3 Adjusted EPS $0.28 From Continuing Operations
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Conduent Inc ::CONDUENT REPORTS THIRD QUARTER 2018 RESULTS WITH STRONG ADJUSTED EPS AND EBITDA GROWTH; HEALTHIER BALANCE SHEET DRIVEN BY TRANSFORMATION AND DIVESTITURES.Q3 ADJUSTED EARNINGS PER SHARE $0.28 FROM CONTINUING OPERATIONS.Q3 GAAP LOSS PER SHARE $1.16 FROM CONTINUING OPERATIONS.Q3 REVENUE $1.304 BILLION VERSUS I/B/E/S VIEW $1.34 BILLION.Q3 EARNINGS PER SHARE VIEW $0.28 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 REVENUE $5.34 - $5.40 BILLION.SEES FY 2018 ADJUSTED EBITDA $640 - $650 MILLION."REMAIN CONFIDENT ABOUT CORE BUSINESS AND EXPECT TO SEE IT GROW IN 2019".  Full Article

Conduent To Acquire Health Solutions Plus
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Conduent Inc ::CONDUENT TO ACQUIRE HEALTH SOLUTIONS PLUS, ENHANCING CORE ADMINISTRATION PROCESSING CAPABILITIES.CONDUENT INC - TERMS OF TRANSACTION WERE NOT DISCLOSED..CONDUENT INC - HSP EMPLOYEES WILL TRANSFER TO CONDUENT, INCLUDING HSP CO-FOUNDERS JOHN BUSER AND DR. JAMES BASILE.CONDUENT INC - HSP WILL BE A PART OF CONDUENT'S FINANCIAL SERVICES AND HEALTHCARE SECTOR LED BY GROUP CHIEF EXECUTIVE PRATAP SARKER.  Full Article

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

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.