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Electronic Data Systems Corp.



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+Vote!

EDS signs $531M pact extension with Guthy-Renker

Electronic Data Systems said Tuesday it signed a $531 million contract extension with direct response marketer Guthy-Renker for consumer direct business process outsourcing services.

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Hewlett-Packard reports 21% sales rise

Hewlett-Packard posted a 21 per cent rise in quarterly sales of notebook computers, and a near doubling in revenue from technology services thanks to its acquisition of Electronic Data Systems.

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H.P. Results Match Preliminary Numbers

The Hewlett-Packard Company posted a higher quarterly profit, helped by cost cuts and its acquisition of Electronic Data Systems, which lifted revenue from computer services. Source

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HP reports rise in earnings

San Francisco - Technology powerhouse Hewlett-Packard on Monday reported net quarterly income of 2.11 billion dollars, a 4.2 per cent rise on the year-ago quarter, thanks to aggressive cost- cutting and the acquisition of Electronic Data Systems. The...

10Vote!

H.P. Results Match Preliminary Numbers

The Hewlett-Packard Company posted a higher quarterly profit, helped by cost cuts and its acquisition of Electronic Data Systems, which lifted revenue from computer services.

+Vote!

HP profit growth driven by EDS, cost cuts

SAN FRANCISCO (Reuters) - Hewlett-Packard Co posted a higher quarterly profit on Monday, helped by cost cuts and its acquisition of Electronic Data Systems, which boosted revenue from computer services.

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HP’s Not Embarrassed to Release Earnings Prematurely

This morning Hewlett Packard (HPQ) offered preliminary results for the company’s fourth quarter that ended in October. HP expects to report net income of $1.03 per share on revenue of $33.6 billion, with $.19 of earnings coming from the acquisition of Electronic Data Systems. These results beat Thomson-Reuters First Call estimates of $1.00 per share [...]

1Vote!

HP cuts over 3000 EDS jobs in UK

INQUIRER Newsdesk the Inquirer , Thursday 9 October 2008. 09:48:00 Scrapheaped HP SAID it is to cut 3,378 jobs in its UK EDS operations after buying up the company (Electronic Data Systems) last year. The company is culling some 24,600 jobs globally. You have to wonder what EDS was doing that HP wasn't....

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EDS to Support FDA Data Center Consolidation

Electronic Data Systems (EDS) has won a key contract to support the U.S. Food and Drug Administration (FDA) as it consolidates its data center network into two facilities. Read more at our web site

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Moody's raises debt rating for EDS

Moody's Investors Service raised a debt rating of Electronic Data Systems on Tuesday after its new corporate parent, Hewlett Packard Co., guaranteed EDS debt payments would be on time.

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Moody's: HP helps EDS’ ratings

Hewlett-Packard Inc.’s acquisition of Electronic Data Systems Corp. has proven to be a boon for the North Texas-based company. (HPQ)

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Hewlett-Packard to cut 1,400 jobs in Germany

Boeblingen, Germany - Computer giant Hewlett-Packard (HP) will cut 1,400 jobs in Germany over the next two years, a company spokesman said Monday in Boeblingen. The announcement followed HP's purchase of IT-service provider Electronic Data Systems (E...

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India, not HP, to drive IT pricing

A basic notion of Economics 101 says that when vendors in an industry consolidate, prices rise, because there are fewer people selling the products or services in question. So on its face, the $13.9 billion merger of Electronic Data Systems Corp. and Hewlett-Packard should lead to one thing: higher prices for the outsourcing services that EDS provides.

1Vote!

Hewlett-Packard Announces EDS Integration Will Cost More Than 20,000 Jobs

By Anonymous Less than a month after finalizing its $13.9 billion acquisition of Texas-based Electronic Data Systems, Hewlett-Packard announced Monday it will cull 24,600 jobs from its worldwide operations to integrate the two companies.

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HP cuts 24,600 jobs in wake of EDS buy

Hewlett-Packard said it is cutting more than 24,000 jobs as it restructures to ease the integration of Electronic Data Systems into the company after it closed on its purchase of the services firm last month.