CSC (CSC) volatility low into earning guidance below expectations

CSC (NYSE: CSC) is recently down $1.87 to $26.31 on the company seeing FY12 revenue $15.9B, consensus $16B. Wells Fargo say’s “CSC is struggling to improve profitability and prior execution issues maybe continuing.” Overall option implied volatility of 40 is below its 26-week average of 56 according to Track Data.

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