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Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/MW-0001-27209679</link><guid isPermaLink="false">newstex/MW-0001-27209679</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> SHELTON, CT, Aug. #, #### (Marketwire delivered by Newstex) -- SHELTON, CT -- (Marketwire) -- ##/##/## --  Flexi Software, a provider of best-of-breed financial accounting software solutions, announced today that they and Sapiens International...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04003000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04003005</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016013</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04006000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04006006</newstex:cat><pubDate>8/6/2008 11:19:40 AM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18015000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18022000</newstex:event><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">Marketwire</newstex:Publication><title>Flexi Software and Sapiens Enter Into Partnership Agreement</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">MW-0001-27209679</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">UNISYS CORP</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">UIS</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/B1892641</link><guid isPermaLink="false">ccbn/B1892641</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Other strategic growth programs including security, open source and real-time infrastructure services grew double-digits. ...

</description><pubDate>7/24/2008 4:05:00 AM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Unisys</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Unisys Q2 2008 Earnings Conference Call Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">UIS</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">8:15am ET</ccbn:time><title>Unisys Q2 2008 Earnings Conference Call Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">B1892641</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1892641</link><guid isPermaLink="false">ccbn/T1892641</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Good day and welcome to the Unisys second quarter #### conference call. At this time I would like to turn the conference over to Mr. Jack McHale, Vice President of Investor Relations at Unisys Corporation. Please go ahead, sir. ...

</description><pubDate>7/23/2008 10:06:00 AM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Unisys</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Unisys Q2 2008 Earnings Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">UIS</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">8:15am ET</ccbn:time><title>Unisys Q2 2008 Earnings Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T1892641</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/654300</link><guid isPermaLink="false">spcred/654300</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><description>The latest News from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">structured</spcred:dataset><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><pubDate>6/16/2008 6:24:01 PM</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">100</spcred:price><title>Unisys Corp. Outlook Revised To Stable From Negative On Financial Profile Improvement</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">News</spcred:type><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">654300</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">IT Consulting &amp; Other Services</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Structured Finance</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Asset-Backed Securities</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Commercial MBS</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">High Technology</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">News</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">NEW YORK (Standard&amp;Poor's) June 16, 2008--Standard&amp;Poor's Ratings Services said today it revised its outlook on Blue Bell, Pa.-based Unisys Corp. to stable from negative. At the same time, we affirmed the 'B+' corporate credit rating on the company. "The outlook revision reflects an improved financial profile and increased profitability," said Standard&amp;Poor's credit analyst Molly Toll-Reed. Intense competition will continue to challenge Unisys' efforts to increase revenues and profit margins. Nevertheless, results in 2008 and beyond should benefit from ongoing cost structure realignment and the diminished impact of problem contracts. The rating on Unisys reflects the company's lack of revenue growth, historically weak credit protection measures, and challenging market conditions. However, Unisys maintains a good</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">909214</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">45102010 451020 4510 45</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Unisys Corp.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">109094</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">UIS</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">NEWS</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">STRUC</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">ABS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CMBS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">High</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/654301</link><guid isPermaLink="false">spcred/654301</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><description>The latest Research Update from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">structured</spcred:dataset><pubDate>6/16/2008 6:24:01 PM</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><title>Research Update: Unisys Corp. 'B+' Rating Outlook Revised To Stable Following Improvement In Financial Profile</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:type><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">654301</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">IT Consulting &amp; Other Services</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Structured Finance</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Asset-Backed Securities</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Commercial MBS</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">High Technology</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">On June 16, 2008, Standard&amp;Poor's Ratings Services revised its outlook on Blue Bell, Pa.-based Unisys Corp. to stable from negative. At the same time, we affirmed the 'B+' corporate credit rating on the company. The outlook revision reflects an improved financial profile and increased profitability. Intense competition will continue to challenge Unisys' efforts to increase revenues and profit margins. Nevertheless, results in 2008 and beyond should benefit from ongoing cost structure realignment and the diminished impact of problem contracts. Although profitability in both the services and technology segments lags that of industry peers, operating margins in the services segment were about 2.2% in the March 2008 quarter, up from an operating loss in the prior year. The company</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">909214</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">45102010 451020 4510 45</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Unisys Corp.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">109094</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">UIS</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">RESUPD</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">STRUC</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">ABS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CMBS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">High</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/387558_report_frame</link><guid isPermaLink="false">fitch/387558_report_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">pdf</fitch:index_mode><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. 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Company Financial Trends &amp; Liquidity Analysis</title><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">387558_report_frame</fitch:docid><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/647561</link><guid isPermaLink="false">spcred/647561</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><description>The latest Full Report from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">structured</spcred:dataset><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><pubDate>5/10/2008 4:56:48 AM</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">400</spcred:price><title>Unisys Corp.</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:type><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">647561</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">IT Consulting &amp; Other Services</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Structured Finance</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Asset-Backed Securities</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Commercial MBS</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">High Technology</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Full Report</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">Growth in business process outsourcing; Competitive position in the federal government and public sector; and Strong client relationships. Second-tier business position; Execution issues; and Weak credit protection metrics. The rating on Blue Bell, Pa.-based Unisys Corp. reflects the company's weak credit protection measures and the uncertainty regarding its ability to improve and sustain profitability and cash flows in the near term amid challenging market conditions and problematic contracts. However, Unisys maintains a good competitive position, especially in the federal government and public sector; strong client relationships; and increasing global scale. Reduced operating income from the company's high-margin legacy enterprise server business, losses attributed to certain services contracts, and the impact of pension expense on recent results have pressured operating profitability.</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">909214</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">45102010 451020 4510 45</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Unisys Corp.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">109094</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">UIS</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">FULL</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">STRUC</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">ABS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CMBS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">High</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/647562</link><guid isPermaLink="false">spcred/647562</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><description>The latest Summary from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">structured</spcred:dataset><pubDate>5/10/2008 4:56:48 AM</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><title>Summary: Unisys Corp.</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:type><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">647562</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">IT Consulting &amp; Other Services</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Structured Finance</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Asset-Backed Securities</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Commercial MBS</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">High Technology</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">The rating on Blue Bell, Pa.-based Unisys Corp. reflects the company's weak credit protection measures and the uncertainty regarding its ability to improve and sustain profitability and cash flows in the near term amid challenging market conditions and problematic contracts. However, Unisys maintains a good competitive position, especially in the federal government and public sector; strong client relationships; and increasing global scale. Reduced operating income from the company's high-margin legacy enterprise server business, losses attributed to certain services contracts, and the impact of pension expense on recent results have pressured operating profitability. The technology business, accounting for less than 15% of sales, historically has been responsible for most of Unisys' operating profits, and Standard&amp;Poor's Ratings Services expects revenue</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">909214</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">45102010 451020 4510 45</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Unisys Corp.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">109094</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">UIS</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">SUMMARY</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">STRUC</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">ABS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CMBS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">High</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/B1813729</link><guid isPermaLink="false">ccbn/B1813729</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...In Services, was able to drive continued YoverY improvement in margins due to portfolio repositioning and cost actions taken. ...

</description><pubDate>4/30/2008 12:07:00 PM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Unisys</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q1 2008 Unisys Earnings Conference Call Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">UIS</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">8:15am ET</ccbn:time><title>Q1 2008 Unisys Earnings Conference Call Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">B1813729</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1813729</link><guid isPermaLink="false">ccbn/T1813729</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Good day everyone and welcome to the Unisys first quarter #### results conference call. At this time, I would like to turn the conference over to Mr. Jack McHale, Vice President of Investor Relations at Unisys Corporation. Please go ahead, sir. ...

</description><pubDate>4/30/2008 10:05:00 AM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Unisys</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q1 2008 Unisys Earnings Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">UIS</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">8:15am ET</ccbn:time><title>Q1 2008 Unisys Earnings Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T1813729</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/383988_report_frame</link><guid isPermaLink="false">fitch/383988_report_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">pdf</fitch:index_mode><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Advanced Micro Devices, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Affiliated Computer Services, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Agilent Technologies, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Anixter Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Anixter International Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Arrow Electronics, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Avnet, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">CA, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Celestica Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Computer Sciences Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Convergys Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Corning Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Dell Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Eastman Kodak Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Electronic Data Systems Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Fidelity National Information Services Inc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Fidelity Sedgwick Holdings, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">First Data Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Flextronics International, Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Freescale Semiconductor, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">H &amp; R Block Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Hewlett-Packard Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Ingram Micro, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">International Business Machines Corp</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">International Rectifier Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Jabil Circuit, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Moneygram International Inc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Motorola, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Oracle Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Sanmina-SCI Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Seagate Technology HDD Holdings</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Spansion Inc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Sun Microsystems, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">SunGard Data Systems Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Tech Data Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Texas Instruments Incorporated</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">The Western Union Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Tyco Electronics Ltd.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Unisys Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Xerox Corporation</fitch:company><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80089174</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80089181</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80089226</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80089279</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80089339</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090094</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090256</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090297</fitch:companyid><fitch:companyid xmlns:fitch="http://www.alacra.com/fitch">80090938</fitch:companyid><fitch:companyid 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xmlns:fitch="http://www.alacra.com/fitch">01030000</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01030500</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01031600</fitch:industry><fitch:industry xmlns:fitch="http://www.alacra.com/fitch">01040000</fitch:industry><fitch:price xmlns:fitch="http://www.alacra.com/fitch">275</fitch:price><fitch:report xmlns:fitch="http://www.alacra.com/fitch">Special Report</fitch:report><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">A</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">ACS</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">AMD</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">ARW</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">AVT</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">AXE</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">CA</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">CLS</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">CSC</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">CVG</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">DELL</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">EDS</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">EK</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">FIS</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">FLEX</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">GLW</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">HPQ</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">HRB</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">IBM</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">IM</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">IRF</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">JAVA</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">JBL</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">MGI</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">MOT</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">ORCL</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">SANM</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">SPSN</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TECD</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TEL</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TXN</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">UIS</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">WU</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">XRX</fitch:ticker><title>Technology Stats Quarterly Ã¹ 4Q07 (Company Financial Trends &amp; Liquidity Analysis)</title><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">383988_report_frame</fitch:docid><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/fitch/382746_report_frame</link><guid isPermaLink="false">fitch/382746_report_frame</guid><fitch:index_mode xmlns:fitch="http://www.alacra.com/fitch">pdf</fitch:index_mode><description>Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.</description><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Acer Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Advanced Micro Devices, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Agilent Technologies, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Arte Grafico Editorial Argentino S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Belo Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Charter Communications, Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Cincinnati Bell Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Cogeco Cable Inc.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Comcast Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Compahnia Telecomunicacoes do Brasil Central S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Compania de Telecomunicaciones de Chile S.A.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Compania De Telecomunicaciones De El Salvador, S.A. De C.V.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Computer Sciences Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Daily Mail and General Trust plc</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Deutsche Telekom AG</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">DISH Network Corp.</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Eastern Broadcasting Co. Ltd</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Eastman Kodak Company</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Electronic Data Systems Corporation</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Embarq Corp</fitch:company><fitch:company xmlns:fitch="http://www.alacra.com/fitch">Empresa de Telefonos de Bogota S.A. 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xmlns:fitch="http://www.alacra.com/fitch">9953</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">A</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">AMD</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">BLC</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">CBB</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">CCA</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">CHTR</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">CMCSA</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">CSC</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">CTC.A</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">DISH</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">DMGO</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">DNB</fitch:ticker><fitch:ticker 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xmlns:fitch="http://www.alacra.com/fitch">REN</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">RGC</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">S</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">SANM</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">SPSN</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TEAR1</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TECO2</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TEF</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TELEFBC1</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TIT</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TKG</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TLS</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TPS</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TXN</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">UIS</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">URSI</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">WIN</fitch:ticker><title>Global TMT Credit Quarterly</title><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">382746_report_frame</fitch:docid><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1766037</link><guid isPermaLink="false">ccbn/T1766037</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Okay, good morning, everyone. I'm glad to see everyone is still joining us for the last day of our conference here. I'm Julie Santoriello, I'm the IT Services analyst at Morgan Stanley. I am very pleased to be joined by the management of Unisys. To my immediate right is Joe McGrath, CEO of Unisys; and to my far right is Jack McHale, Investor Relations Officer. I am going to launch into some questions that I've prepared for Joe and Jack, and then I will open it up to the audience. Joe, maybe we could start out with -- the major theme of this conference has been the current demand environment in light of an apparently slowing U.S. economy, perhaps slowing global economy. Can you share with us what you're seeing in terms of customer demand in the last few months? ...

</description><pubDate>3/5/2008 6:06:00 PM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Unisys</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Unisys at Morgan Stanley Technology Conference Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">UIS</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">10:15am PT</ccbn:time><title>Unisys at Morgan Stanley Technology Conference Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T1766037</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson StreetEvents</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/632560</link><guid isPermaLink="false">spcred/632560</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><description>The latest Summary from S&amp;P</description><title>Summary: Unisys Corp.</title><pubDate>2/26/2008 3:29:15 PM</pubDate><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:type><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">structured</spcred:dataset><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">632560</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">IT Consulting &amp; Other Services</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Structured Finance</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Asset-Backed Securities</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Commercial MBS</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">High Technology</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Summary</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">The ratings on Blue Bell, Pa.-based Unisys Corp. reflect the company's deteriorating credit protection measures and uncertainty regarding its ability to improve profitability and cash flows in the near term, amid challenging market conditions and problematic contracts. However, Unisys maintains a good competitive position, especially in the federal government and public sector; strong client relationships; and increasing global scale. Reduced operating income from the company's high-margin legacy enterprise server business, losses attributed to certain services contracts, and the impact of pension expense on recent results have pressured operating profitability. The technology business, accounting for less than 15% of sales, historically has been responsible for most of Unisys' operating profits, and Standard&amp;Poor's Ratings Services expects revenue in this segment</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">909214</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">45102010 451020 4510 45</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Unisys Corp.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">109094</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">UIS</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">SUMMARY</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">STRUC</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">ABS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CMBS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">High</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item></channel></rss>