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Vanguard Group Inc's Strategic Acquisition of Unisys Corp Shares
Gurufocus· 2024-10-02 20:03
Overview of the Recent Transaction $302.1B On September 30, 2024, Vanguard Group Inc, a prominent investment firm, expanded its portfolio by acquiring an additional 263,000 shares of Unisys Corp (US, Financial), a company focused on providing technology solutions. This transaction increased Vanguard's total holdings in Unisys to 6,938,545 shares, reflecting a significant investment in the technology sector. The shares were purchased at a price of $5.68 each, marking a strategie addition to Vanguard's divess ...
Unisys Rises 38% in 3 Months: Should Investors Buy UIS Stock?
ZACKS· 2024-09-27 15:56
Unisys (UIS) shares have returned 37.7% in the past three months, outperforming the Zacks Computer & Technology sector's decline of 0.7%. This Blue Bell, PA-based IT solutions provider has also outperformed the Zacks Computers – IT Services industry and peers Cerence (CRNC) , Accenture (ACN) and Roper Technologies (ROP) . Over the same time frame, while shares of Accenture have returned 17.2%, Roper Technologies and Cerence registered drops of 2% and 5.3%, respectively. Unisys' prospects benefit from strong ...
Unisys Identifies New Business Interest in H1 2024 for AI, Cloud Transformation and Cross-Mix of Solutions
Prnewswire· 2024-09-16 14:00
BLUE BELL, Pa., Sept. 16, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) takes stock of new business interest from the first half of the year (H1) and sees client demand for artificial intelligence (AI), cloud transformation and a cross-mix of solutions and services. "The company continues advancing its industry-leading solutions that combine AI, data, engineering and industry expertise to drive tangible business value for new and existing clients," said Peter Altabef, chair and CEO of Unisys. "Our new business sh ...
Unisys to Participate in the Deutsche Bank Leveraged Finance Conference
Prnewswire· 2024-09-13 20:30
BLUE BELL, Pa., Sept. 13, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) will participate in the Deutsche Bank Leveraged Finance Conference on September 24 and September 25, 2024. The company will be represented by CFO Debra McCann, who will present on September 25, 2024, at 10 a.m. ET, and will be available to host oneon-one and small group meetings on both days. Investors interested in arranging meetings with Unisys executives should contact the respective conference representatives. The live webcast, as well as ...
Unisys to Participate in Upcoming Sidoti Small-Cap Conference
Prnewswire· 2024-09-12 20:30
BLUE BELL, Pa., Sept. 12, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) will be participating virtually in the Sidoti Small-Cap Conference on September 19, 2024. The company will be represented by CFO Debra McCann, who will be available to host virtual one-on-one and small group meetings. Investors interested in arranging meetings with Unisys executives should contact the respective conference representatives. The live webcast, as well as the replay of the presentation, will be accessible from the Unisys Investor ...
Information Services Group (ISG) Names Unisys a Leader in 2024 Private/Hybrid Cloud-Data Center Services Reports
Prnewswire· 2024-08-20 13:00
Unisys excels with its AI-integrated solutions, cloud services, and modernization expertise in U.S. and U.K. markets BLUE BELL, Pa., Aug. 20, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) is recognized as a leader in ISG's Provider Lens™ Private/Hybrid Cloud – Data Center Services quadrant reports. These reports spotlight service providers excelling in private cloud, hybrid cloud and data center outsourcing, and Unisys has achieved this level of recognition for the fourth year consecutively. ISG defines leaders a ...
MAB Kargo Selects Unisys Logistics Optimization™ to Help Revolutionize Air Cargo Efficiency
Prnewswire· 2024-08-15 14:05
BLUE BELL, Pa., Aug. 15, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) announces that MAB Kargo, the air cargo division of Malaysia Aviation Group (MAG), selects Unisys and its logistics optimization solution to significantly enhance its operational efficiency, capacity utilization, and service delivery. Mab Kargo LogoMab Kargo Logo Like many in the air cargo industry, MAB Kargo faces challenges with time-consuming planning and loading processes that result in underutilized space on flights, missed revenue opport ...
Should Value Investors Buy Unisys (UIS) Stock?
ZACKS· 2024-08-14 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on ke ...
Unisys (UIS) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2024-08-13 17:00
Unisys (UIS) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. The power ...
Unisys Named a Leader in the NelsonHall 2024 NEAT Evaluation for Cloud Infrastructure Management Services
Prnewswire· 2024-08-08 19:30
Global analyst firm recognizes Unisys for its comprehensive cloud solutions and client-centric approach BLUE BELL, Pa., Aug. 8, 2024 /PRNewswire/ -- Unisys (NYSE: UIS) has been recognized as a Leader in the 2024 End-to-End Cloud Infrastructure Management Services report by global analyst firm NelsonHall. Unisys received leader designations through the NelsonHall Vendor Evaluation and Assessment Tool (NEAT) across all six categories: Overall, AWS, Microsoft Azure, Cloud Management, Cloud Orchestration, and G ...