CSC News

Falls Church-based Computer Sciences Corp. has agreed to pay $97.5 million to settle a class-action lawsuit over alleged false statements about accounting and the company's performance on a multibillion-dollar contract, Bloomberg Businessweek reports.

Computer Sciences turned a profit in the fourth quarter despite missing revenue estimates, as lower operating costs and a tax benefit boosted the technology services company.

Arctic Cat Inc. is expected to release its Q4 earnings at $0.40 per share on revenue of 121.20 million.

A division of Falls Church-based Computer Sciences Corp. has won a contract with the Army worth $156.6 million for development of an anti-nerve gas agent, Nextgov reports.

The Department of Homeland Security awarded a $45 million contract to Harris Corp.

's stock had its "market perform" rating reaffirmed by BMO Capital Markets in a research note issued on Monday, Analyst Ratings Network.com reports.

They are expecting profit of 96 cents a share after the company took a loss of 14 cents per share a year ago.

StockCall.com Provides Stock Research on Flextronics International Ltd., Renren Inc., Computer Sciences Corp., Sensata Technologies Holding N.V., and JA Solar Holdings Co.

's stock had its "neutral" rating reaffirmed by Zacks in a research note issued on Thursday, Analyst Ratings Network reports.

CACI Inc., Federal, Chantilly, Va. ; CGI Federal, Inc., Fairfax, Va. ; Computer Sciences Corp., Falls Church, Va.

One of the leaders in computer services, Computer Sciences Corporation provides a variety of services to its clients, including consulting, outsourcing, and systems integration.

Maryland health department officials are closely following a federal investigation into Gaithersburg-based Client Network Services Inc.'s contract with Louisiana for a new Medicaid IT system, but do not think the ordeal will impact the company's work on a similar system in Maryland.

's stock had its "buy" rating reaffirmed by research analysts at Deutsche Bank in a report released on Monday, ARN reports.

The Senate put the legislation aside because the proposal to expand the FBI's system of processing purchasers lacked the 60 votes needed to advance.

MedMatica Consulting Associates, a leading healthcare information technology consulting firm, today announced that it has appointed Jerry Howell as Chief Executive Officer and a member of the organization's Board of Directors effective April 22, 2013.