At current valuations, Mphasis looks attractive Aug 24, 2009
The NYSE-listed Electronic Data Systems Corporation had acquired management control of Mphasis in June 06. EDS in turn merged with HP in May 08, and currently owns a little over 60% stake in Mphasis. (India Times)
Turnaround Tuesday: Retailers Fuel Aug 19, 2009
Existing users please login. Remember me on this computer. (Fox News)
Netbooks take toll on Hewlett-Packard Aug 19, 2009
2 billion acquisition of Electronic Data Systems Corp. The profit margin was 15 per cent, up from 13 per cent a year earlier. The business, which accounts for about 30 per cent of sales, earns higher profit margins than Hewlett-Packard's hardware divisions. (Sydney Morning Herald -- Business)
Sluggish PC, ink sales hurt HP Aug 19, 2009
9 billion acquisition last year of technology services company Electronic Data Systems, HP now too is heavily invested in services - they are its biggest revenue and profit generator. But HP's latest quarterly numbers, reported Tuesday after the market closed, show the companies are still very different. (India Times)
HP may shut parts of outsourcing biz Aug 19, 2009
A year after buying Electronic Data Systems for $13 billion, HP executives are discussing the possibility of divesting parts of the outsourcing operations, especially in its business process outsourcing (BPO) arm, sources told Reuters. "The calculation is, can we get more cash for this asset now versus the cash flow the asset is expected to generate in coming years?" said one of the sources who is familiar with HP's plans. (India Times, India)
HP 3Q profit drops 19 % Aug 19, 2009
9 billion acquisition of Electronic Data Systems, a technology services company. IBM went through an aggressive transformation of its own over the past decade, shedding its PC and hard drive businesses as it tried to focus more on services and software. (The Star Online, Malaysia -- Business)
Click to read:Mission Critical for Troops in Afghanistan Aug 19, 2009
Acutronic Accenture Ltd. ADT Security Services, Inc. Aerojet Aerospace Center Support Aerospace Corporation Aerovironment Advanced Integrated Systems Aivea Corporation Alliant Techsystems Allied Container Systems Allied-Signal Inc. AM General Corporation American Petroleum Institute Anteon International Corporation Applied Research Associates Inc. ARINC Argon ST AV-Optimal Defense Consultancy Service BAE Systems plc (U.S. subsidiary is BAE Systems Inc.) Ball Corporation Ball Aerospace &... (CBS News)
HP profit falls but beats expectations Aug 19, 2009
5 billion dollars due primarily to its August 2008 acquisition of Electronic Data Systems Corp. (EDS). Revenue from enterprise storage and servers was down 23 percent to 3. (Yahoo! Asia News)
AIG Reaches Deal to Sell Indian IT Unit to MphasiS Aug 13, 2009
MphasiS, a unit of Hewlett Packard's Electronic Data Systems, said about 39 percent of its revenue comes from financial services and insurance companies. Terms of the deal were not disclosed. (ABC News -- Wire)
Hutchison Whampoa's first-half earns plunge 33 pct Aug 13, 2009
MphasiS, a unit of Hewlett Packard's Electronic Data Systems, said about 39 percent of its revenue comes from financial services and insurance companies. HONG KONG -- Hong Kong conglomerate Hutchison Whampoa Ltd., run by billionaire Li Ka-shing, said Thursday its earnings tumbled 33 percent in the first half as its oil, ports and hotel businesses flagged amid the economic downturn. (Fresno Bee -- Business)
Care providers fault state system Aug 8, 2009
Last month, Clyde Saiki, Human Services deputy director, hand-delivered a letter demanding that the contractor, Electronic Data Systems, fix the problems within 90 days or the state could file suit ... Electronic Data Systems has not yet responded to the state s July 21 warning letter ... By their very nature, MMIS systems are extremely complex computer networks, customized to each state s needs, said Bill Ritz, an Electronic Data Systems spokesman. (Ontario Argus Observer, OR)
U.S. Eyes Private Security for Afghanistan Jul 27, 2009
Electronic Data Systems Corporation. Electric Boat (division of General Dynamics). (CBS News -- World)
GM gears for new era Jul 10, 2009
1984: GM overhauls North American organization; acquires Electronic Data Systems Corp., owned by H. Ross Perot, for $2. 5 billion. (Erie Times-News, PA)
Infosys First-Quarter Profit Increases to $313 Million, Exceeding Estimate Jul 10, 2009
Telstra Corp., Australias largest phone company, in June said it awarded contracts worth A$450 million ($352 million) for developing software applications and maintaining computer programs to Infosys and Electronic Data Systems Corp.. Infosys won three contracts in India, Senior Vice President said in May. (Bloomberg -- Asia)
The Neiman Marcus Group Announces Appointment of Wanda Gierhart as Senior Vice President, Chief Marketing Officer Jul 7, 2009
Ms. Gierhart began her career in the executive training program at Electronic Data Systems (EDS) and subsequently spent six years in various marketing and management positions at Neiman Marcus Direct. She is a graduate of the University of Nebraska, where she earned a B.S.B.A. degree with a major in Finance. (PR Newswire)
Dell may lose even more ground to archrival HP Jun 24, 2009
For example, HP more than doubled its services revenue after acquiring Plano-based Electronic Data Systems Corp. last year. Because the sluggish market has lowered expectations, a recession is probably the best time for Dell to retool itself from strictly a PC maker to a company like HP that also provides support and services, said Michael Cote, an Austin-based analyst for RedMonk, a Washington State-based research firm. (Austin Business Journal, TX)
Olopade, Rajan to speak at Convocation Jun 16, 2009
Joseph Eazor (M.B.A., 90), Senior Vice President and General Manager of Electronic Data Systems, will provide remarks at Session IV as well. (Univeristy of Chicago Chronicle, IL)
'As GM goes, so goes ... ' Jun 2, 2009
1984 GM overhauls North American organization; acquires Electronic Data Systems Corp., owned by Texas billionaire H. Ross Perot, for $2 ... 1996 GM spins off Electronic Data Systems as a separate company. (Atlanta Journal-Constitution)
Race for the Cure descends upon Plano May 30, 2009
The event will be held at the campuses of Electronic Data Systems (EDS), an HP Company and The Campus at Legacy. The co-ed 5K Run/Fitness Walk will begin at 8 a.m. and the one mile family fun run/walk will begin at 8:30 a.m. The 2009 local honorary chairwoman is Olympic gold medalist Nastia Liukin. (McKinney Courier-Gazette, TX)
Chrysler says sales are OK despite bankruptcy May 21, 2009
In the past he has been chairman and CEO of both Duracell International Inc. and Borden Chemical Inc., as well as a director of Electronic Data Systems Corp. and General Signal Corp.. I am pleased to join Chrysler at a time when Chrysler is poised to launch an exciting new era, Kidder said in the statement. (MSNBC -- Business)
Hewlett-Packard earnings slip 17% in quarter May 21, 2009
The cuts will be on top of the 24,600 jobs HP was already dumping as part of its acquisition of Electronic Data Systems, a technology services provider HP bought for $13. 9 billion last year to mount a bigger challenge to IBM Corp.. (San Francisco Chronicle)
Another 6,400 To Be Cut May 20, 2009
The cuts are on top of the 24,600 layoffs HP is doing as part of its huge acquisition of technology services provider Electronic Data Systems, and will come from its product businesses. Images. (San Francisco Chronicle -- Business)
HP Cuts 6,400 Jobs May 20, 2009
The cuts will come over the next year as part of HP's huge acquisition of Electronic Data Systems. Palo Alto, Calif. (KWTX.com, TX)
HP profit drops 17 per cent May 20, 2009
The company also said an additional 6,400 workers, or 2 per cent of HP's 321,000-employee work force, will lose their jobs over the next year as part of HP's digestion of Electronic Data Systems, a technology services provider HP bought for $13. 9-billion (U.S.) last year to mount a bigger challenge to International Business Machines Corp.. (Globe and Mail -- Technology)
Two Perot Fund Alums Start Investment Firm May 18, 2009
Parkcentral Capital is a Plano, Texas, investment firm that manages money for the family of the 78-year-old, straight-talking, onetime US presidential candidate and founder of Electronic Data Systems. But the Perot family's firm is under the gun, with several lawsuits looming over the blowup of its 2. (New York Post -- Business)
Hewlett-Packard May Hunt for Takeovers in Data-Center Fight With Cisco May 7, 2009
2 billion takeover of Electronic Data Systems. Servers, Networks. (Bloomberg -- US)
McKool Smith Donates $75,000 to Dallas Nonprofit Vogel Alcove May 2, 2009
The firm is recognized as one of the premier litigation law firms in the United States, having earned significant courtroom victories for clients such as American Airlines, Ericsson, Electronic Data Systems, Medtronic Inc., and Sony Ericsson. McKool Smith is recognized in The National Law Journal for winning more of the Top 100 Verdicts of 2008 than any firm in the nation. (Yahoo! Wire -- Entertainment News)
American history warrants National Archives strengthening Apr 30, 2009
The national archivist would establish better procedures to check and certify that electronic data systems are indeed operating. Like much in Washington, what prompted this action was a reaction. (Montrose Daily Press, CO)
Brocade deepens IBM ties, steps up attack on Cisco Apr 29, 2009
9 billion takeover of Electronic Data Systems (a bid to better challenge IBM in services). HP is also getting more aggressive about pushing its own networking products that compete with Cisco. (USA Today -- Tech)
Oracle looks to expand lineup by buying Sun Apr 28, 2009
9 billion for services provider Electronic Data Systems last year. Santa Clara, Calif. (OregonLive, OR -- Business)
Newsweek: How GM crushed Saturn Apr 8, 2009
He'd also made bold investments in robotics, space satellites and data processingbuying whole companies, like Ross Perot's Electronic Data Systems, and Hughes Aircraft Co., instead of merely contracting for their services. But on this wintry day in Detroit, Smith would make his biggest gamble yet: unveiling the Saturn, GM's first new brand in 70 years. (MSNBC -- Business)
Sun's Schwartz May Be Left Standing Alone After IBM Ends Acquisition Talks Apr 8, 2009
9 billion acquisition of Electronic Data Systems, said of Wasatch Advisors Inc. in South Bend, Indiana. Dell, Cisco. (Bloomberg)
Saveology.com Taps Steve Smith as CIO Apr 1, 2009
com, Mr. Smith served in numerous leadership roles at Electronic Data Systems (EDS), a wholly owned subsidiary of Hewlett-Packard Corporation (NYSE:HPQ), and leading global technology services provider; Sabre, now Sabre Holdings Corporation, the world's #1 computerized travel reservation system; and International Business Machine Corp. (NYSE:IBM). Mr. Smith's most recent roles were Chief Information Officer at Idearc Media, a world leading print and online directory publisher and content... (Yahoo News -- Press Releases)
IBM to lay off 5,000 workers Mar 26, 2009
Hewlett-Packard Co. is slashing 24,600 positions, 8 percent of its 320,000-employee work force, in a three-year restructuring as part of its acquisition of Electronic Data Systems Corp.. HP paid $13. (The Star Online, Malaysia)
IBM's Sun deal could shake up Silicon Valley Mar 19, 2009
9 billion last year to buy technology-services provider Electronic Data Systems, and this week Cisco Systems Inc. announced its long-rumored plans to start selling servers, a move that pits Cisco against longtime partners like HP and IBM.. Merging the corporate cultures of Armonk, N.Y.-based IBM and Santa Clara, Calif. (MSNBC -- Business)
HP, Dell rivalry hinges less on selling PCs Mar 11, 2009
8 billion in quarterly revenue came from services, mostly because HP acquired Plano-based Electronic Data Systems Corp. last May for $13. 9 billion. (Austin Business Journal, TX)
Open bids urged for health plan Mar 6, 2009
Electronic Data Systems, the company handling claims for Medicaid, is receiving 57 cents per claim from the state. A state audit in 2007 also found that Blue Cross charged an average of $4. (News & Observer)
Blue Cross: Profit is slim Mar 1, 2009
Blue Cross released the statement in response to a story in The News ver on Saturday showing that the company had received more than $10 per claim that year, 18 times the amount per claim that Electronic Data Systems received to process Medicaid bills for the state. Critics say this gap in per-claim costs suggests that Blue Cross should share in the pain of a $580 million bailout now in the works to keep the State Health Plan solvent into the next fiscal year. (News & Observer)
Blue Cross makes bundle from state Feb 28, 2009
For Medicaid claims, the state pays Electronic Data Systems an average of 57 cents ... ELECTRONIC DATA SYSTEMS. (News & Observer)
Ganancias de HP caen 13% ante malas ventas de computadoras Feb 19, 2009
S;lo la divisi;n de servicios, que creci; con la adquisici;n de Electronic Data Systems en 13. 900 millones de d;lares, tuvo un incremento. (OregonLive, OR -- Business)
Printer, ink sales sting HP profits Feb 19, 2009
9 billion acquisition of Electronic Data Systems, saw an increase. Services also have been strong for rival IBM Corp., since corporations are trying to save money by outsourcing some technology chores. (OregonLive, OR -- Business)
Hewlett hits profit target Feb 19, 2009
9-billion acquisition of Electronic Data Systems, saw an increase. Hewlett-Packard Co.. (Globe and Mail -- Business)
McKool Smith Helps City of Anaheim Win Landmark $21.3 Million Award in Hotel Tax Lawsuit Feb 19, 2009
The firm is recognized as one of the premier litigation law firms in the United States, having earned significant courtroom victories for clients such as American Airlines, BearingPoint, Ericsson, Electronic Data Systems, Medtronic Inc., and Sony Ericsson. For more information, contact Bruce Vincent at 214-559-4630 or " target="_new">. SOURCE McKool Smith Link to this page: Copyright 1996- PR Newswire Association LLC. All Rights Reserved. A company.. (PR Newswire)
HP profit slumps 13 pc on weak sales Feb 19, 2009
9 billion acquisition of Electronic Data Systems, saw an increase. Services also have been strong for rival IBM Corp., since corporations are trying to save money by outsourcing some of their technology chores. (India Times)
IBM quietly cuts thousands of jobs Feb 8, 2009
HP is shedding 24,600 jobs, nearly 8 percent of its 320,000-employee work force, as it digests the acquisition of Electronic Data Systems Corp.. On Tuesday, The Columbian newspaper reported HP is cutting at least 150 jobs from its shrinking inkjet printer operation in Vancouver. (OregonLive, OR -- Business)
ZURICH CLASSIC GETS CREATIVE IN TOUGH TIMES Feb 7, 2009
In a similar case, Hewlett-Packard acquired Electronic Data Systems and took over title sponsorship of the Byron Nelson Championship in Dallas. Buick and Waste Management also have pulled out as major corporate sponsors of the PGA Tour, causing events such as the Zurich Classic to pursue relationships with local business entities. (Nola.com -- Sports)
