UIS - Unisys Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
17.25
-0.14 (-0.83%)
As of 1:13PM EST. Market open.
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Previous Close17.39
Open17.38
Bid17.23 x 800
Ask17.24 x 1200
Day's Range17.23 - 17.50
52 Week Range6.39 - 18.13
Volume356,558
Avg. Volume859,454
Market Cap1.57B
Beta (5Y Monthly)1.55
PE Ratio (TTM)49.27
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateJun 17, 1990
1y Target EstN/A
  • Reuters

    Letter bomb causes 'small explosion' at ING office in Amsterdam

    A letter bomb went off on Thursday at an office of ING Bank in Amsterdam, causing a "small explosion" in which no one was hurt, a spokeswoman for the bank said. A series of letter bombs have been sent in the country this week, including one disarmed near Utrecht earlier on Thursday. Police said an ambulance was sent to the ING building as a precaution after one person had inhaled smoke there.

  • Moody's

    Unisys Corporation -- Moody's reviews Unisys's ratings for upgrade on proposed sale of its US Federal business

    Moody's Investors Service, ("Moody's") placed Unisys Corporation's ("Unisys") B2 Corporate Family Rating ("CFR"), B2-PD Probability of Default rating, and B3 senior unsecured rating on review for upgrade. This rating action follows Unisys's announcement that the company has agreed to sell its US Federal business to Science Applications International Corp. ("SAIC") for $1.2 billion in an all-cash transaction (the "Divestiture"). Unisys plans to use the net proceeds for the principal and premium required to redeem all of its $440 million of 10.75% Senior Secured Notes and to make a pension contribution of $600 million.

  • Barrons.com

    Unisys Stock Soars as the Company Sells Its Government-Services Unit for $1.2 Billion

    The aging tech-services company announced a deal to sell its U.S. federal business to Science Applications International, raising badly needed cash.

  • MarketWatch

    Unisys's stock rockets toward best day in nearly 11 years after after detailing use of asset sale proceeds

    Shares of Unisys Corp. rocketed 44% toward a 15-month high in active midday trading Thursday, after the information technology company announced a deal to sell its U.S. Federal business for $1.2 billion, to Science Applications International Corp. . The stock's gain, which is on track to be the biggest since it's record rally of 69% on April 16, 2009, was enough to make the stock the best performer on major U.S. exchanges. Chief Financial Officer Michael Thomson said on a conference call with analysts discussing the deal that $600 million of the proceeds will be applied to required contributions to defined-benefit pension plans over the next three years. He said that will reduce the unfunded pension deficit to about $860 million from $1.9 billion, and decrease the company's net debt leverage to 2.4 times from 4.2 times as of Sept. 30, 2019. "Our intended contribution of the net proceeds to the US pension plans will also effectively eliminate requirements to make cash contributions out of ongoing operations to those plans for the next three years and significantly accelerates our path to being free cash flow positive," Thomson said, according to a FactSet transcript. Unisys also said it plans to fully redeem the $440 million of senior secured notes outstanding. Over the past 12 months, Unisys shares have now gained 21.8%, while the S&P 500 has advanced 22.5%.

  • SAIC makes first major buy of 2020 with $1.2B acquisition of Unisys Federal
    American City Business Journals

    SAIC makes first major buy of 2020 with $1.2B acquisition of Unisys Federal

    Science Applications International Corp. (NYSE: SAIC) has made its first acquisition of 2020, buying Unisys Corp.’s federal business unit for $1.2 billion. The all-cash buy announced Thursday marks the first major transaction for Reston-based SAIC since its purchase of Engility Holdings Inc. in January 2019 and signals the contractor's desire to take a bigger piece of the federal government's IT modernization and digital transformation efforts. Unisys Federal has generated solid growth for the Blue Bell, Pennsylvania, company in the past year — posting third-quarter revenue growth of 53.6% over the prior year and up to $690 million in annual revenue — built on a strong foothold in the cloud migration, information technology modernization, managed services and enterprise IT-as-a-service markets.

  • Unisys agrees to sell U.S. federal business for $1.2B
    American City Business Journals

    Unisys agrees to sell U.S. federal business for $1.2B

    Proceeds from the massive sale are expected to largely pay off Unisys' debt and reduce its pension obligations.

  • MarketWatch

    Unisys's stock soars after $1.2 billion sale of U.S. Federal business

    Shares of Unisys Corp. ran up 11.4% in premarket trading Thursday, after the information technology company announced a deal to sell its U.S. Federal business to Science Applications International Corp. for $1.2 billion. SAIC shares were still inactive ahead of the open. Unisys said it plans to use the proceeds to "significantly" improve its balance sheet by paying down debt and reducing pension obligations. Unisys said the transaction multiple of 13-times adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) represents a "significant premium" to Unisys' overall multiple. Separately, Unisys said it has adopted a tax asset protection plan. As part of the plan, the company declared a dividend of one preferred share purchase right for each common share outstanding, payable to shareholders as of Feb. 15. The stock has gained 3.4% over the past three months through Wednesday, while the S&P 500 has hiked up 8.4%.

  • At US$12.40, Is It Time To Put Unisys Corporation (NYSE:UIS) On Your Watch List?
    Simply Wall St.

    At US$12.40, Is It Time To Put Unisys Corporation (NYSE:UIS) On Your Watch List?

    Unisys Corporation (NYSE:UIS), which is in the it business, and is based in United States, led the NYSE gainers with a...

  • Unisys Corporation (UIS) vs. Top 20 Hedge Fund Stocks in 2019
    Insider Monkey

    Unisys Corporation (UIS) vs. Top 20 Hedge Fund Stocks in 2019

    We are still in an overall bull market and many stocks that smart money investors were piling into surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained more than 57% each. Hedge funds' top 3 stock picks returned 45.7% last year and beat the S&P 500 […]

  • Does Unisys Corporation (NYSE:UIS) Have A Volatile Share Price?
    Simply Wall St.

    Does Unisys Corporation (NYSE:UIS) Have A Volatile Share Price?

    If you're interested in Unisys Corporation (NYSE:UIS), then you might want to consider its beta (a measure of share...

  • Hedge Funds Love Unisys Corporation (UIS) Way More Than These 4 Stocks
    Insider Monkey

    Hedge Funds Love Unisys Corporation (UIS) Way More Than These 4 Stocks

    At Insider Monkey, we pore over the filings of nearly 750 top investment firms every quarter, a process we have now completed for the latest reporting period. The data we've gathered as a result gives us access to a wealth of collective knowledge based on these firms' portfolio holdings as of September 30. In this […]

  • Urbem's 'Wonderful Business' Series: NIC Inc.
    GuruFocus.com

    Urbem's 'Wonderful Business' Series: NIC Inc.

    A growing toll bridge business on the cloud with moderate risks Continue reading...

  • Thomson Reuters StreetEvents

    Edited Transcript of UIS earnings conference call or presentation 29-Oct-19 9:00pm GMT

    Q3 2019 Unisys Corp Earnings Call

  • PR Newswire

    All UK Police Forces Sign Contracts with Unisys for HOLMES2 Cloud Service to Manage Large and Major Enquiries

    Unisys Corporation (NYSE: UIS) today announced the renewal of contracts with each of the 43 UK police forces and associated law enforcement agencies for the latest version of the Home Office Large Major Enquiry System (HOLMES2).

  • Barrons.com

    Xerox Is Attempting to Buy HP. History Says It’s a Bad Idea.

    FEATURES - MAIN Mergers and acquisitions are no replacement for innovation, but that has never stopped tech firms from trying to buy their way into the future. In 1986, Burroughs bought Sperry for $4.

  • Is Unisys Corporation (UIS) Going To Burn These Hedge Funds ?
    Insider Monkey

    Is Unisys Corporation (UIS) Going To Burn These Hedge Funds ?

    The 700+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the second quarter, which unveil their equity positions as of June 28. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […]

  • Unisys stock soars as federal contracts drive strong results
    American City Business Journals

    Unisys stock soars as federal contracts drive strong results

    Shares in Blue Bell-based software company Unisys Corp. rose more than 15% Wednesday after the company reported strong third-quarter earnings and upgraded its revenue estimates for the full year. During its earnings call after markets closed Tuesday, Unisys (NYSE: UIS) executives said the company saw year-over-year revenue grow 10.1% in the quarter. Unisys’ stock was trading at $9.80 in mid-day trading Wednesday.

  • Unisys wins $214M Department of Defense contract
    American City Business Journals

    Unisys wins $214M Department of Defense contract

    The contract is Blue Bell-based Unisys' latest in its efforts to grow its federal contracting arm.

  • Some Unisys (NYSE:UIS) Shareholders Have Copped A Big 67% Share Price Drop
    Simply Wall St.

    Some Unisys (NYSE:UIS) Shareholders Have Copped A Big 67% Share Price Drop

    Statistically speaking, long term investing is a profitable endeavour. But no-one is immune from buying too high. For...

  • Unisys (UIS) Expands Cloud Security Alliance With Microsoft
    Zacks

    Unisys (UIS) Expands Cloud Security Alliance With Microsoft

    Unisys' (UIS) Stealth will help update security configuration rules automatically for uninterrupted access to Azure services.

  • Moody's

    Unisys Corporation -- Moody's announces completion of a periodic review of ratings of Unisys Corporation

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Unisys Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Should You Worry About Unisys Corporation's (NYSE:UIS) CEO Pay?
    Simply Wall St.

    Should You Worry About Unisys Corporation's (NYSE:UIS) CEO Pay?

    Peter Altabef has been the CEO of Unisys Corporation (NYSE:UIS) since 2015. First, this article will compare CEO...