Tuesday, 19 July 2011

Some companies talk about why they can't do it, while other companies just do it

While CSC talk about difficult markets in the US and softness in Europe to explain away their lack of growth, some of its competitors act .


IBM has just announced a 16% increase in signings of new business in its service division for the quarter ended 30 June 2011 . Full details on http://uk.finance.yahoo.com/news/IBM-services-signings-surge-reuters_molt-4011227017.html?x=0&.v=1


It will be interesting to see what CSC says about their business for the same quarter when they announce in early August.

Monday, 18 July 2011

CSC joins the S&P 500's "top twenty worst performing stocks of 2011"

It is not the "market leader" tag that CSC shareholders want, but today CSC stands at number 9 among 2011's worst performing stocks of the S&P 500. CSC has yielded a year-to-date return of minus 26%, underperforming the S&P 500 by over 30%, according to the "Wall St Cheat Sheet - Insights for Investors". Full details on



http://wallstcheatsheet.com/trading/sp-500-worst-performing-stocks-of-this-year.html/



Why do CSC's store minders, its non-executive directors who think they should be re-elected, allow this continued destruction of shareholder value by its Chief Executive?

Sunday, 17 July 2011

Yet Another Class Action against CSC

Yet another law firm has filed a class action case against CSC. But this one is different in that the period under review goes back to May 2009. This indicates that the law firm filing the class action believes there are issues from back then. For details follow this link:

http://www.menafn.com/qn_news_story.asp?storyid=%7Bae6b70c7-31e6-4fb4-a9af-b8512cf012fd%7D

Wednesday, 13 July 2011

CSC Staff and Client Experiences

A new blog is out there which is asking for anyone who has experience of CSC to log their views as comments. I guess the intention is to build up a global view of this company.
The link is http://wikicscleaks.blogspot.com/
Watch out for Wiki diverts taking you away from the link.