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We believe this separation will unlock significant value by dislodging any potential conglomerate discount and enabling a more focused approach to capital and resource allocation. Following the separation, Conduent would still be among the top 5 largest diversified outsourcing services employers in the Fortune , continuing to provide essential services and solutions to clients and end users around the globe.

The Transportation business will continue to deliver solutions to a large and stable client base of global transportation agencies in more than 20 countries. Clients rely on the Transportation business as a key partner in solving the next generation of mobility challenges with innovative solutions.

This business will continue to help public sector transportation agencies capture revenue while improving traveler experiences, increasing public safety and accessibility, reducing congestion and emissions, and modernizing multi-modal travel.

These opportunities span the smart-city and infrastructure ecosystem, including modernization investments in areas such as all-electronic tolling, contactless payments in transit, dynamic pricing in curbside management, and analytics-based public safety and congestion management solutions.

Additional details will be disclosed as Conduent finalizes its separation plans. Until a separation is complete, Conduent will continue to operate as a single company.

About Conduent Conduent delivers mission-critical services and solutions on behalf of businesses and governments — creating exceptional outcomes for its clients and the millions of people who count on them. Through our dedicated people, process, and technology, Conduent solutions and services automate workflows, improve efficiencies, reduce costs, and enable revenue growth.

This is why most Fortune companies and over government entities depend on Conduent every day to manage their essential interactions and move their operations forward.

Learn more at www. Forward-Looking Statements This release and any attachments to this release may contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of All statements other than statements of historical fact included in this release are forward-looking statements, including, but not limited to, statements regarding current beliefs, commitments, assumptions, expectations and intentions, including with respect to the proposed separation of the Transportation business, the timing, completion, and effects of any separation transaction, the future financial and operating performance, market position and client base of each business, the business models and strategic and competitive advantages of each business, future opportunities, client outcomes, addressable markets and cost reductions available to each business, the effects of any separation transaction on shareholder value and interests and market perception of any separation transaction.

These statements reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions.

Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied herein as anticipated, believed, estimated, expected or intended or using other similar expressions.

Such forward-looking statements, because they relate to future events, are by their very nature subject to many important factors and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements contained in this release, any exhibits to this release and other public statements we make.

Our actual results may vary materially from those expressed or implied in our forward-looking statements. These forward-looking statements are also subject to the significant continuing impact of the COVID pandemic on our business, operations, financial results and financial condition, which is dependent on developments which are highly uncertain and cannot be predicted.

Any forward-looking statements made by us in this release speak only as of the date on which they are made. We are under no obligation to, and expressly disclaim any obligation to, update or alter our forward-looking statements, whether as a result of new information, subsequent events or otherwise. Note: To receive RSS news feeds, visit www. Futures fell after U.

Time to act, carefully, as the rally clears resistance. Tesla faces a big transition. Discover why two FAANG stocks are poised to bounce back in and beat the market with their current spring-loaded share price discounts, while another looks like a questionable idea today.

NIO is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock? You earned that money, might as well hold onto it. The chip sector is getting back on its proverbial feet after a challenging period, but not every stock is a winner. Didi Global said it obtained approval from the Chinese cybersecurity regulator to resume new user registration for its ride-hailing service.

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If notability cannot be shown, the article is likely to be merged , redirected , or deleted. Traded as. Florham Park, New Jersey. Clifford A.

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Retrieved 5 October Xerox Newsroom. Archived from the original on 16 May Retrieved 26 November PR Newswire. Retrieved 6 March Retrieved 12 March United States Department of Labor. Retrieved 14 May Pharmaceutical Commerce.

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