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Looking good.. looking good... I hope there's more in store for us here.
Unisys turns to 10-cents-a-share profit
"NEW YORK (MarketWatch) -- Unisys Corp. /quotes/comstock/13*!uis/quotes/nls/uis (UIS 1.84, +0.12, +6.98%) said Tuesday that it earned $38 million, or 10 cents a share in the second quarter. A year ago, it lost $14 million, or 4 cents a share, in the period. Revenue declined 16% to $1.13 billion compared with revenue of $1.34 billion last year. Analysts polled by FactSet Research estimated, on average, a loss per share of a penny and sales of $1.06 billion for the Blue Bell, Pa. information technology company."
http://www.marketwatch.com/story/unisys-turns-to-10-cents-a-share-profit-2009-07-28?siteid=yhoof2
Ended quarter with $475M in cash.
$230M of the $300M 2010 notes have been tendered for exchange.
S&P raises rating on $400M Unisys note offer
The Associated Press
based technology services provider Unisys Corp.'s $400 million senior notes due 2012 to B from CC and removed it from CreditWatch. ...
imo, it's about to run harder. The pr machine seems to be cranking out, that usually means something coming alot the pike. And the volume has been out of sight. Something is coming imo.
Looking good. still holding..
News for 'UIS' - (Unisys to Help NSW Police Force Use Digital Imagery as New Weapon in Law Enforcement and Crime Prevention Secure Digital Imagery Management System to Help Law Enforcement Officers More Efficiently Access and Store Images and Video to Assist Investigations)
SYDNEY, Jun 17, 2009 (BUSINESS WIRE) -- The New South Wales (NSW) Police Force
has selected Unisys Australia in a three-year deal to implement and provide
maintenance services for an end-to-end digital imagery management system to
manage and protect the approximately 1 million digital images taken annually by
forensic teams as well as images and video footage received from the public.
This system is designed to allow the Police Force to protect images as evidence
while streamlining the process of managing, sharing and accessing them to save
critical time in criminal investigations. The contract has an estimated value of
approximately AU$6 million (US$4.75 million).
The NSW Police Force will be the first police force in Australia to implement a
digital imagery system of this scale - a solution able to manage and securely
archive a large volume of images, stored in a searchable central repository, to
make them quickly accessible for law enforcement purposes.
"We are investing in the future of the NSW Police Force by providing officers
with the necessary resources to do their job effectively using modern, smart
policing strategies," said Detective Superintendent Ken Hughes, Commander of the
Operational Information Agency, NSW Police Force. "Moving to a digital-based
imagery management system will save critical time in the law enforcement
process. Officers can check the quality of their photography before leaving
crime scenes, with no need to process and print photographic film. In addition,
they will be able to quickly search, retrieve and distribute filed images.
"As Australia's largest police organization covering a diverse population of
seven million people across more than 800,000 square kilometers, we deal with
very high case loads so time efficiency is critical. In addition, digital
imagery is pervasive in our society - from cameras in cell phones to closed
circuit TV cameras - so we receive a large volume of imagery from the public.
The Unisys solution will help us protect digital images and footage, while
enabling investigators to access and use them more effectively," he said.
Allen Koehn, managing partner, Public Sector, Unisys Asia Pacific said: "This
NSW Police Force initiative reflects a common trend in law enforcement
organizations worldwide in recognizing the role that technology can play to
provide new tools to help law enforcement and crime prevention - technology can
help provide new capability on the front line.
"These digital images are critical pieces of evidence that must be both
protected and shared with the law enforcement officers who need them to
investigate and prosecute criminals. Our knowledge of the importance of imagery
used as evidence has been fundamental to the design of the Unisys solution,
which is based on a combination of our security, technology and applications
expertise, as well as the insight of the Unisys team which includes
professionals who have worked as law enforcement officers."
Shared Imagery Management System - the Unisys Solution
Under the three-year contract, Unisys (NYSE:UIS) will provide systems
integration services and customization of the software user interface so that
the solution allows the police force to meet the NSW Police Force's security and
workflow requirements as defined by the Australian Guidelines for Digital Image
Processes. The solution will run on eight Unisys ES3240L and 24 Unisys ES3215L
Enterprise Servers.
The Shared Imagery Management System (SIMS) is designed to quickly and securely
categorize, archive, search and distribute imagery that the NSW Police Force
obtains from two sources: the forensic-grade photography taken by police
officers at crime scenes, and the many formats and modes of imagery collected
from the public. This will allow investigators to efficiently access and
distribute imagery from both sources - for example, sending photographs of
fingerprints to relevant experts or storing closed circuit TV footage retrieved
from a shop's security surveillance system for later analysis.
Forensic experts will be able to use SIMS to upload images from digital cameras,
and securely archive encrypted copies of them in a digital "vault" where the
hardware locks the images so they cannot be modified or deleted. They would then
attach metadata tags to a working copy of the images which may include a job
number, time and date of shot, and name of photographer, for easy retrieval. The
system tracks what has happened to the image at every step of the process to
ensure forensic integrity.
The video and images collected from the public comes from a range of sources in
a wide variety of formats. To make it easier and quicker for investigators to
use this imagery, a copy of the original file will be saved into the digital
vault, and then another working copy of the image will be passed through a
powerful transcoding application to convert the file into a common, easily
accessible format.
The forensic and public images will be stored on two separate systems.
The Unisys solution will feature FotoWare(R), from Pivotal Business Technology,
as the enterprise-class digital asset management software used in the heart of
SIMS. Unisys has also partnered with EMC to provide the storage capability
including EMC Centera(R) for the digital vault and EMC CLARiiON for the storage
supporting the work system.
Unisys has extensive experience delivering high-end IT services - from security,
identity and credentialing solutions to outsourcing, hardware integration and
application modernization - to federal and state government departments and
agencies in Australia and internationally. These include biometric facial
imaging for Queensland Transport's new smartcard drivers license; end user
services and multisourcing management for the Australian National Audit Office
and the Department of Immigration and Citizenship (DIAC); biometric solutions as
part of the DIAC Enhanced Border Control Program; and various IT services to the
Australian Department of Defence such as regional information and communication
technology services to 460 defense locations across the country. Unisys combines
local and global expertise to provide services-led, technology-based solutions
to the public sector with specific expertise in Asia Pacific in supporting
national security and law enforcement initiatives.
About Unisys
Unisys is a worldwide information technology company. We provide a portfolio of
IT services, software, and technology that solves critical problems for clients.
We specialize in helping clients secure their operations, increase the
efficiency and utilization of their data centers, enhance support to their end
users and constituents, and modernize their enterprise applications. To provide
these services and solutions, we bring together offerings and capabilities in
outsourcing services, systems integration and consulting services,
infrastructure services, maintenance services, and high-end server technology.
With more than 27,000 employees, Unisys serves commercial organizations and
government agencies throughout the world. For more information, visit
www.unisys.com.
Forward-Looking Statements
Any statements contained in this release that are not historical facts are
forward-looking statements as defined in the Private Securities Litigation
Reform Act of 1995. All forward-looking statements rely on assumptions and are
subject to various risks and uncertainties that could cause actual results to
differ materially from expectations. In particular, statements in this release
regarding the anticipated value of the contract assume that the contract will
continue for its full term. As the agreement is terminable for convenience by
NSW Police before the end of its term, the estimated value of the engagement is
not guaranteed. Additional discussion of factors that could affect Unisys future
results is contained in periodic filings with the Securities and Exchange
Commission.
RELEASE NO.: 0617/8997
http://www.unisys.com/about__unisys/news_a_events/06178997.htm
Unisys is a registered trademark of Unisys Corporation. All other brands and
products referenced herein are acknowledged to be trademarks or registered
trademarks of their respective holders.
SOURCE: Unisys Corporation
CONTACT:
Unisys
APAC
Claire Hosegood, +61 411 253 663
claire.hosegood@au.unisys.com
or
US
Brad Bass, 703-439-5887
brad.bass@unisys.com
Golden Crossover is getting near.
S&P REITERATES HOLD RECOMMENDATION ON SHARES OF UNISYS CORP.
Tuesday 04/28/2009 10:00 AM ET - Standard & Poor's Research Notes
Q1 loss per share of $0.07, flat against a year ago, is wider than our $0.01 loss estimate. We project UIS's revenues will fall 11% in '09, given the dual problems of weak global economies and currency headwinds. Also, we think customers are reluctant to sign long-term contracts, given our view of UIS's tenuous finances. Its revolving credit facility expires next month and $300M in debt matures next year. The company is seeking ways to address these issues. We lower our '09 EPS estimate to a $0.01 loss from $0.07 EPS, but keep our $2 target price on these volatile shares.
Think it will retrace to a buck?
UIS chart, nice triangle action
And more DOD news....
http://www.bizjournals.com/philadelphia/stories/2009/05/11/daily24.html
Unisys offers to exchange debt
Unisys Corp., Blue Bell, offered to exchange some of its outstanding debt for up to $375 million of new senior secured notes that are due in 2014. Fitch Ratings Inc. and Standard & Poor's Ratings Services reacted negatively, downgrading the company credit ratings. Fitch said it believed Unisys had to offer the exchange because of a "high probability of default or insolvency over the near term absent the exchange." Fitch said Unisys notes due after 2010 would be eligible to receive only 67 percent to 68 percent of face value. - Harold Brubaker
The Philadelphia Inquirer on line
i am in despite pressing revolving credit line is a critical issue and hence it is listed among potentially would be BK companies I look at it from positive side like the following view.!
"Unisys is a company with a bunch of lucrative government contracts. And we all know that the U.S. government is one of the few growth markets in the economy (for better or worse). Those contracts would look pretty good to an acquirer such as IBM (IBM) or HP’s (HPQ) EDS unit. Dell (DELL) could also be a buyer if it wanted to make a services play. In the end, Unisys could very well be a subsidiary of a larger, more healthy player just for the government ties."
source: Alpha..
Unisys Awarded $92 Million Task Order for Desktop Management Services at the U.S. Defense Finance and Accounting Service
Task Order Re-compete Extends Unisys Longstanding Relationship with Department of Defense Agency
BLUE BELL, Pa., April 16, 2009 – The General Services Administration (GSA) has awarded the Defense Finance and Accounting Service (DFAS) Desktop Management Initiative (DMI) II task order to Unisys (NYSE: UIS). DMI II is a cost plus award fee task order that provides a full suite of managed desktop and help desk services for more than 14,000 DFAS desktop and laptop computers. The task order is valued at an estimated $92 million if all options are exercised, and is a recompete of the DMI I task order Unisys has held since March 2004. The new agreement has a one-year base award valued at an estimated $16 million and currently funded at $11.5 million and allows for four one-year options, exercisable at the discretion of DFAS.
Stocks that could catch fire
http://articles.moneycentral.msn.com/Investing/SuperModels/2-tech-stocks-with-epic-potential.aspx?page=2
Unisys (UIS, news, msgs), one of the oldest companies in technology and the product of the merger of computer pioneers Sperry and Burroughs, has a $290 million market cap despite taking in $5.2 billion in revenue per year and being strongly cash-flow positive. The board recently brought in a turnaround expert fresh off the successful cleanup and sale of Gateway Computer, and by all accounts he's already done a great job of narrowing down debt to less than $1 billion, cutting costs, boosting margins and tossing outdated matrix-management methods that had ossified decision-making. Shares were smashed in the fall and again in March when two sets of hedge fund buyers were forced to liquidate due to heavy redemptions and margin calls.
My sources think Unisys has earnings power next year of up to a dollar, which means that at 75 cents it's trading at a forward price-to-earnings multiple of less than 1. UIS depends on large government contract renewals that pay off like clockwork; hemming shares down now are concerns that one of its biggest customers, the Transportation Safety Administration, won't continue. These fears are probably overblown, as numerous other state and federal agencies have renewed lately. If UIS earns only 50 cents in two years and a 10 PE multiple, it's worth $5, or more than five times the current price.
Stocks like QTM and UIS could actually work out even if the economy and broad market fail to recover, because if my thesis is right, they are living in their own little worlds, where very little has to go right because so much has already gone wrong. For the price of a pack of gum, you could own shares of two of the most respected names in tech history near multidecade lows. That's something to chew on.
Why the run here yesterday? I played the mini flip but just wondering why some are thinking we are going much higher from here.
$1.60 at 12:43 cst. us - UIS has held its gains and continues to slowly consolidate - remains to be seen whether $2 will be seen today, would take a lot of focus on this security before session closes.
shorts will get killed on this, watch out.
Short Interest Data
Unisys Corp $ 1.20
UIS 0.49
Short Interest (Shares Short) 4,021,200
Days To Cover (Short Interest Ratio) 1.3
Short Percent of Float 1.25 %
Short Interest - Prior 4,192,100
Short % Increase / Decrease -4.08 %
Short Squeeze Ranking™ -1
% From 52-Wk High ($ 5.11 ) -325.83 %
% From 52-Wk Low ($ 0.28 ) 76.67 %
% From 200-Day MA ($ 0.88 ) 26.67 %
% From 50-Day MA ($ 0.50 ) 58.33 %
Price % Change (52-Week) -83.90 %
Shares Float 321,310,000
Total Shares Outstanding 369,887,575
% Owned by Insiders 15.19 %
% Owned by Institutions 56.00 %
Market Cap. $ 443,865,090
Trading Volume - Today 16,907,012
Trading Volume - Average 3,105,400
Trading Volume - Today vs. Average 544.44 %
Earnings Per Share -0.36
PE Ratio
Record Date 2009-AprilA
Sector Technology
Industry Information Technology Services
Exchange NY
Why not, everyone else is! lolol
Maybe they declared themselves a bank and got part of the TARP money.
here's something:
The task order is valued at an estimated $92 million if all options are exercised, and is a recompete of the DMI I task order Unisys has held since March 2004. The new agreement has a one-year base award valued at an estimated $16 million and currently funded at $11.5 million and allows for four one-year options, exercisable at the discretion of DFAS.
http://www.financial24.org/economy/unisys-awarded-92-million-task-order-for-desktop-management-services-at-the-u-s--defense-finance-and-accounting-service/
It would be nice to have some new wins.
it doesnt specify but i assume since they just received certification for goverment contracts over the last couple months that its new.
Is this a new contract or an extension of a previous contract?
Unisys Awarded $92 Million Task Order for Desktop Management Services at the U.S. Defense Finance 31 minutes ago Unisys Awarded $92 Million Task Order for Desktop Management Services at the U.S. Defense Finance and Accounting Service
Business Wire(Thu 8:00am)
AFter we break .70 heading over a 1.00 then momo kicks in.
I think all that is is a right to bid on future contracts. At present, UIS has no "share". If that is the case, it is somewhat missleading.
They have to win bids i would think. But this is bullish for the sector very bullish imo.
See the sector has downsized now govt spending more than ever. Reflation in these names should come quick and demand is there with money like this out there.
do we know figures their share of contract?
tia
On the contrary check out this huge contract over 5 years. Largest contract in history lmao. LOAD THE BOAT.
Unisys Awarded Contract to Compete for Task Orders under GSA's Multi-Billion Federal IT Program
Contract Provides New Vehicle for Unisys to Provide a Broad Array of Services to Federal Government Agencies
Thursday April 2, 2009, 11:00 am EDT
Buzz up! Print Related:Unisys Corporation
BLUE BELL, Pa.--(BUSINESS WIRE)--The U.S. General Services Administration (GSA) has awarded Unisys (NYSE: UIS - News) an indefinite-delivery, indefinite quantity Government-Wide Acquisition Contract (GWAC) to compete for task orders under the agency’s Alliant contracting vehicle. Alliant, a 10-year vehicle with a $50 billion ceiling, is the largest single IT contract the federal government has ever issued and covers the full range of information technology services to meet evolving government agency needs. Unisys is one of 59 companies awarded an Alliant contract.
Related Quotes
Symbol Price Change
UIS 0.59 +0.06
{"s" : "uis","k" : "c10,l10,p20,t10","o" : "","j" : ""} Alliant will replace GSA’s ANSWER and Millennia IT services GWACs, which expire this year. Alliant contract holders, including Unisys, will be able to select and manage partners and subcontractors in the context of accessing and providing the best and most current business processes and technologies to government clients. Unisys currently holds a Millennia contract.
“We applaud GSA for launching this essential contract vehicle to give organizations across the federal government a flexible way to purchase new technology and innovative solutions,” said Ted Davies, president, Unisys Federal Systems. “This award will allow us to continue to provide innovative solutions to our federal government clients in areas ranging from desktop management and enterprise outsourcing to converged security and applications modernization through a convenient and versatile contract.”
About Unisys
Unisys is a worldwide information technology company. We provide a portfolio of IT services, software, and technology that solves critical problems for clients. We specialize in helping clients secure their operations, increase the efficiency and utilization of their data centers, enhance support to their end users and constituents, and modernize their enterprise applications. To provide these services and solutions, we bring together offerings and capabilities in outsourcing services, systems integration and consulting services, infrastructure services, maintenance services, and high-end server technology. With more than 28,000 employees, Unisys serves commercial organizations and government agencies throughout the world. For more information, visit www.unisys.com.
Forward-looking Statements
Any statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. All forward-looking statements rely on assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. In particular, under multiple award contracts there is no guarantee that any contract recipient will be awarded any task order. Further, because agreements with government agencies are terminable before the end of their terms and are subject to the availability of appropriated funds there is no guarantee that any task orders will be awarded by the government or that any awarded task orders will continue for their full term. Additional discussion of factors that could affect Unisys future results is contained in periodic filings with the Securities and Exchange Commission.
RELEASE NO.: 0402/8972
http://www.unisys.com/about__unisys/news_a_events/04028972.htm
Unisys is a registered trademark of Unisys Corporation. All other brands and products referenced herein are acknowledged to be trademarks or registered trademarks of their respective holders.
why the 60 Million shares on Nov 10th? do you know?
UIS chart
LITTLE ABOVE 52 WEEKS LOW.. FAR BELOW $7.50. IS THIS A BUY FOR LONG TERM//? CAN UIS GO AWAY?
tia
moderator posts
http://www.channelregister.co.uk/2008/09/16/unisys_virt/
Unisys to craft its own X64 server virtualization
Register - London,England,UK
By Timothy Prickett Morgan → More by this author Unisys says it will create its own brand of server virtualization on the Xeon Monster server it launched ...
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