Global IT service company Computer Science Corporation (CSC) and nation's fourth largest breadline retailer Sears Holdings Corporation announces the settlement of contract dispute which erupted from a 10-year IT outsourcing agreement duo had entered into in May 2004 
Sears will pay an undisclosed amount to CSC. CSC doesn't expect the settlement to have a material effect on its 2007 earnings.
Computer Sciences said it does not expect to experience a charge associated with the impairment of assets related to this settlement. Sears also noted that it does not expect this settlement to have a material effect on its 2007 earnings, as it had established a reserve.
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