Dxc Technology Stock Price, News & Analysis

DXC Technology has secured a significant $40 million contract from Tnuva, Israel’s leading dairy producer. This five-year agreement aims to modernize Tnuva’s IT systems by implementing a new digital supply chain system, utilizing SAP S4/HANA ERP to consolidate around 240 legacy systems. The initiative is expected to enhance operational efficiency, accelerate product development, and improve decision-making through AI-driven insights, ultimately supporting Tnuva's growth as a smart manufacturing leader.

DXC Technology (NYSE: DXC) will announce its financial results for Q2 fiscal 2022 on November 3, 2021, at approximately 4:15 p.m. EDT. A conference call will follow at 5:00 p.m. EDT. Domestic callers can dial 888-510-2008 while international callers should dial +1-646-960-0306. The replay will be available until November 17, 2021. For further updates, conference details will be accessible on the Investor Relations section of DXC's website.

DXC Technology (NYSE: DXC) has successfully completed its refinancing process, which involved offering €1.35 billion and $1.35 billion in Senior Notes. The company redeemed $2.5 billion of high coupon debt, including EUR term loans and multiple Senior Notes, amounting to a make whole premium of $300 million and accrued interest of $40 million. CFO Ken Sharp highlighted that this refinancing enhances their financial stability by extending debt maturities and reducing interest expenses. DXC's operations focus on supporting global enterprises in optimizing IT and enhancing competitive performance.

DXC Technology (NYSE: DXC) and Lenovo have partnered with Dr. Peter Scott-Morgan to create assistive technology solutions for individuals with disabilities. The collaboration aims to merge AI, robotics, and software to empower users facing health challenges. Scott-Morgan, diagnosed with motor neuron disease, emphasizes the potential of technology to enhance quality of life. Key initiatives include autonomous wheelchairs, photo-realistic avatars, and smart home integrations. Lenovo supports the effort with hardware donations, while DXC provides technology integration expertise.

DXC Technology (NYSE: DXC) recently celebrated its rebranding by ringing the New York Stock Exchange Closing Bell. CEO Mike Salvino and the leadership team emphasized the new brand's commitment to delivering excellence for customers and colleagues. This event underscores DXC's focus on modernizing IT and optimizing data architectures, aiming to enhance performance and customer experience. DXC serves numerous global enterprises, relying on its extensive technology services to drive competitive advantage.

DXC Technology (NYSE: DXC) will participate in the Citi Global Technology Conference on September 14, 2021. President and CEO Mike Salvino is scheduled for a fireside chat at 9:40 a.m. EDT. The event will be accessible via the 'Events and Presentations' section on DXC's investor webpage at https://investors.dxc.com.

DXC Technology aids global firms in modernizing IT and optimizing operations while ensuring security across various cloud environments, positioning itself as a trusted partner for enterprise technology solutions.

DXC Technology (NYSE: DXC) announced a bond offering, raising $700 million from 1.800% Senior Notes due 2026 and $650 million from 2.375% Senior Notes due 2028. The notes are priced at 99.900% and 99.910% of their principal amounts, respectively. The offering is led by major underwriters including BofA Securities and Citigroup Global Markets. Proceeds will be used to repay existing higher-interest senior notes and other debts. The closing is anticipated on September 9, 2021.