Total : 11 View more »
Xerox will acquire business process outsourcing firm Affiliated Computer Services for $6.4 billion in cash and stock. The deal will make Xerox a $22 billion global company, and it plans to push ACS services beyond the U.S. Xerox CEO Ursula Burns said revenue from services will triple.
Xerox has agreed to acquire Affiliated Computer Services in a cash and stock transaction estimated at $6.4 billion or $63.11 per share. In addition to fueling its growth in an expanding market, the purchase is expected hoist Xerox into the leading global enterprise for document and business process
http://www.techspot.com/news/36383-xerox-to-buy-affiliated-computer-services-for-64-billion.html
NORWALK, Conn. & DALLAS--(BUSINESS WIRE)--Xerox Corporation (NYSE: XRX - News) and Affiliated
http://finance.yahoo.com/news/Claims-Resolved-In-Texas-bw-3903337220.html?x=0&.v=1
Xerox to buy Affiliated Computer Services; Oracle database administrators valued.
http://searchitchannel.techtarget.com/news/article/0,289142,sid96_gci1369518,00.html?track=sy480
Total : 42 View more »
LONDON, Nov 23, 2009 (MARKETWIRE via COMTEX) --
The benchmark S&P 500 suffered its worst one day percentage fall in three weeks as investors feared that weakness in housing and labor markets would persist, making current stocks valuation seem unjustified. In light of this Benchmark Journal research team completed in-depth analysis on Affiliated Computer Services Inc. (NYSE: ACS), Ventas Inc. (NYSE: VTR), Bemis Co. Inc. (NYSE: BMS), Wisconsin Energy Corp. (NYSE: WEC), Analog Devices Inc. (NYSE: ADI) and W.R. Berkley Corporation (NYSE: WRB).
To view our research, sign up now on Benchmark Journal and see what ratings these stocks are getting today.
Our reports on the above companies contain company, sector and technical analysis and much more. Below are a few teasers:
Although ACS has experienced a considerable drop in the value from $56.23 level to $34.84 in last one year, but...
Sequential increase in the revenue and profit margins strengthens the balance sheet and financial position of VTR.
Bemis Co. third-quarter profit fell a less-than-feared 19% amid charges while the food-and-beverage packager saw improved operating performance and...
WEC's quarterly results were impact of one of the coolest summers on record...
ADI has tailored its global e-commerce solutions to help consumer electronics manufacturers speed time-to-market and...
W.R.Berkley Corp. reported a turn to profit in the third quarter from a loss a year-ago, on investment gains...
About Benchmark Journal:
Benchmark Journal brings independent company and sector research together, utilizing top financial advisors and investment tactics to provide you with a clear picture of investment opportunities. Timing and knowledge are essential components of every successful investment, and thus we only release analysis when the timing is ideal for action.
BenchmarkJournal.com has not been compensated by any of the above mentioned companies.
SOURCE: Benchmark Journal
Tags: computer consumer ecommerce editors electronics housing investment investment opinion labor note nyse profit research S&P
Companies: Affiliated Computer Services, Inc. (ACS), Analog Devices, Inc. (ADI), Bemis Co., Inc. (BMS), Ventas, Inc. (VTR), Wisconsin Energy Corp. (WEC), WR Berkley Corp (WRB)
Nov 20, 2009 (SmarTrend(R) Research Reports via COMTEX) --
SmarTrend, the proprietary pattern recognition system, has made available a free sample copy of our premium research report on (NYSE:ACS) at http://www.mysmartrend.com/research/
SmarTrend, our proprietary pattern recognition system, called an Uptrend for Affiliated Computer Services (NYSE:ACS) on September 16, 2009 at $46.59. Since then, Affiliated Computer Services has returned 18.5% as of today's recent price of $55.19.
Want access to these reports and real time alerts? Go to www.tradethetrend.com now for a FREE two-week trial.
Write to Chip Brian at cbrian@tradethetrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html
Tags: computer market nyse research securities trial
Companies: Affiliated Computer Services, Inc. (ACS)
Nov 18, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
Update on November 17, 2009:
Xerox Corporation has announced that the Hart-Scott-Rodino review period for its acquisition of Affiliated Computer Services, Inc. (ACS) has expired. Both the companies are based in the US.
ACS is a provider of business process outsourcing services, while Xerox is a supplier of photocopiers, printers, and other document systems.
Announcement (September 27, 2009):
Xerox has entered into a definitive agreement to acquire ACS in a cash and stock transaction valued at $6,400 million or $63.11 a share.
Under the terms of the agreement, ACS shareholders will receive a total of $18.60 per share in cash plus 4.935 Xerox shares for each ACS share they own. In addition, Xerox will assume ACS's debt of $2,000 million and issue $300 million of convertible preferred stock to ACS's Class B shareholder.
The transaction, which has been approved by the Xerox and ACS boards of directors and ACS special committee, is expected to close in the first quarter of 2010. ACS will operate as an independent organization and initially will be branded ACS, a Xerox Company.
Simpson Thacher & Bartlett LLP is acting as legal counsel, and J.P. Morgan and Blackstone Advisory Partners are acting as financial advisors to Xerox on this transaction. Cravath, Swaine & Moore LLP is serving as legal counsel and Citigroup Global Markets, Inc. is serving as financial advisor to ACS. Ropes & Gray LLP is acting as legal advisor and Evercore Partners, Inc. is acting as financial advisor to the special committee of the board of directors of ACS.
Deal Value (US$ Million) 8700 Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Announced: 2009-09-27
Deal Participants
Target (Company) Affiliated Computer Services, Inc. Acquirer (Company) Xerox Corporation
Deal Rationale
This acquisition will significantly strengthen Xerox in the document and business process management space, and will accelerate its growth in an expanding market. The transaction will boost Xerox's recurring revenue stream and revenue from services is expected to triple from $3,500 million in 2008 to an estimated $10,000 million next year. Xerox also expects to achieve significant incremental revenue growth by leveraging Xerox's strong global brand and established client relationships to scale ACS's business in Europe, Asia and South America. In addition, Xerox will integrate its intellectual property with ACS's services to create new solutions for end-to-end support of customers' work processes. Further, Xerox expects to achieve annualized cost synergies that will increase to the range of $300 million to $400 million in the first three years following the close of the transaction. The synergies are primarily based on expense reductions related to public company costs, procurement and using ACS's expertise in back-office operations to handle some of Xerox's internal functions.
Tags: acquisition advisor asia business computer debt europe legal market property revenue south america
Companies: Affiliated Computer Services, Inc. (ACS), Xerox Corp. (XRX)
Nov 11, 2009 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend, our proprietary pattern recognition system, called an Uptrend for Affiliated Computer Services (NYSE:ACS) on September 16, 2009 at $46.59.
Since then, Affiliated Computer Services has returned 17.9% as of today's recent price of $54.94. Want to profit from these alerts?
Go to www.mysmartrend.com now for a FREE two-week trial.
Write to Chip Brian at cbrian@tradethetrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html
Tags: computer market nyse profit securities trial
Companies: Affiliated Computer Services, Inc. (ACS)
Total : 53 View more »
SAN DIEGO, Calif. - - ICON Group International Ltd., today released studies on labor productivity and financial benchmarks for Affiliated Computer Services Inc. (NYSE: ACS).
http://www.icongrouponline.com/pr/Affiliated_Computer_Services_Inc_US/PR.html
ACS - People Making Technology Work ACS Home Site Map Privacy Terms of Use Contact Us International Sites EMEA India ACS (Affiliated Computer Services, Inc.) | Go Back ACS FIREHOUSE Solutions Home Trademarks The ACS logo and FIREHOUSE Sofware are registered marks of Affiliated Computer Services,
My PC Guy, Inc. - Specializing in computer service and repair, network setup and... Your Total Service Computer Company,” today announced it has earned ... We are proud to announce two New Services . My PC Guy always strives ... has become a well-known and trusted computer service company. My PC .
Earlier this month, the POS vendor, based here, revealed that it had signed an agreement to supply the Georgia Health Partnership with a terminal-based solution that will enable state employees and Medicaid recipients to access their profile information over the Internet.
Total : 153 View more »
Affiliated Computer Services (ACS) is a Global Leader in Business Process and Information Technology Services. ACS manages client operations ranging from Finance & Accounting to HR ...
Get the latest ACS - Affiliated Computer Services Incorporated stock market performance data. TheStreet is the source for financial market news, trading stock, quotes, and personal ...
Stay informed on the latest Affiliated Computer Services Incorporated news. TheStreet is the source for financial market and Wall Street news, trading stock and personal finance ...
http://www.thestreet.com/topic/5312/affiliated-computer-services-incorporated.html
Welcome to the Texas State Disbursement Unit. Electronic Payments Website! This site has been produced and is maintained by Affiliated Computer Services, Incorporated (ACS ...