International Business News - EDS http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif 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. http://www.ibtimes.com/articles/20081007/moodys-raises-debt-rating-for-eds.htm Tue, 07 Oct 2008 15:04:05 EDT Computer maker Hewlett-Packard Co. will cut 1,400 jobs in Germany over the next two years as part of a worldwide restructuring effort, a company spokesman said Monday. http://www.ibtimes.com/articles/20081006/hp-plans-1-400-job-cuts-in-germany.htm Mon, 06 Oct 2008 07:09:29 EDT When Hewlett-Packard Co. announced five months ago it was acquiring technology-services firm Electronic Data Systems Corp., Wall Street expected big layoffs from the combined company. http://www.ibtimes.com/data/articleimgs/131339-hp-eds-restructuring.jpg http://www.ibtimes.com/articles/20080916/surprises-wall-street-with-size-eds-job-cuts.htm http://www.ibtimes.com/articles/20080916/surprises-wall-street-with-size-eds-job-cuts.htm Tue, 16 Sep 2008 00:41:06 EDT Hewlett-Packard Co. said Monday it plans to slash 24,600 jobs over the next three years, nearly 8 percent of its work force, as it combines operations with Electronic Data Systems Corp., the technology-services company it recently acquired. http://www.ibtimes.com/articles/20080915/hp-to-cut-24-600-jobs-in-eds-integration.htm Mon, 15 Sep 2008 21:54:02 EDT Looking to challenge IBM Corp.'s hallmark services division in a bigger way, Hewlett-Packard Co. is scheduled to outline its vision Monday for integrating its new $13.9 billion prize, Electronic Data Systems Corp. http://www.ibtimes.com/articles/20080915/hp-to-pitch-eds-benefits-to-financial-analysts.htm Mon, 15 Sep 2008 06:12:21 EDT Hewlett-Packard Co. said Tuesday that it finished its $13.9 billion acquisition of technology services company Electronic Data Systems Corp. The deal, which was announced in May, was approved by the European Commission and by EDS shareholders in July. The acquisition also passed the regulatory waiting period in the U.S. without a request for more information by the Justice Department or Federal Trade Commission. http://www.ibtimes.com/articles/20080826/hp-finishes-13-9-billion-eds-purchase.htm Tue, 26 Aug 2008 08:41:09 EDT Hewlett-Packard Co. weathered economic turbulence remarkably well in the fiscal third quarter but the technology bellwether faces another big challenge--stiffer personal-computer competition--that threatens to slow its steady growth. http://www.ibtimes.com/data/articleimgs/112518-earns-hewlett-packard.jpg http://www.ibtimes.com/articles/20080820/hp-posts-3q-profit-jump-faces-stiff-competition.htm http://www.ibtimes.com/articles/20080820/hp-posts-3q-profit-jump-faces-stiff-competition.htm Wed, 20 Aug 2008 05:38:14 EDT Wholesale prices rising at fastest pace since 1981 WASHINGTON (AP)--Wholesale inflation soared in July, leaving prices rising at the fastest pace in nearly three decades. While recent declines in oil and other commodity prices raise hopes inflation may have peaked, some economists worry about the widespread nature of the July price surge and caution it will take more time for that pressure to ease on Wall Street and Main Street. http://www.ibtimes.com/articles/20080819/business-highlights.htm Tue, 19 Aug 2008 18:40:07 EDT Hewlett-Packard Co.'s fiscal third-quarter profit jumped 14 percent, beating Wall Street's expectations, as strong laptop sales and a robust international presence lifted the technology bellwether. http://www.ibtimes.com/data/articleimgs/112235-earns-hewlett-packard.jpg http://www.ibtimes.com/articles/20080819/hewlett-packard-3q-profit-jumps-14-pct.htm http://www.ibtimes.com/articles/20080819/hewlett-packard-3q-profit-jumps-14-pct.htm Tue, 19 Aug 2008 18:50:02 EDT Hewlett-Packard Co. is scheduled to report third-quarter earnings after the market closes Tuesday, and Wall Street is expecting solid results, a sign that the technology bellwether's broad international presence is shielding it from economic uncertainty that's tamping down spending in the U.S. http://www.ibtimes.com/articles/20080819/ahead-of-the-bell-hewlett-packard-to-report-3q.htm Tue, 19 Aug 2008 06:52:11 EDT Hewlett-Packard Co. is scheduled to report its fiscal third-quarter results after the market closes Tuesday. The following is a summary of key developments and analyst opinion about the period. http://www.ibtimes.com/articles/20080818/earnings-preview-hewlett-packard-to-post-3rd-qtr.htm Mon, 18 Aug 2008 17:12:21 EDT Electronic Data Systems Corp. said Thursday that its shareholders approved the acquisition of the company by Hewlett-Packard Co. EDS said about 98.8 percent of the company's shares of common stock that voted on the acquisition at a special meeting on June 24 were in favor of it, representing about 72.4 percent of the company's issued and outstanding shares as of that day. http://www.ibtimes.com/articles/20080731/eds-stockholders-approve-acquisition-by-hp.htm Thu, 31 Jul 2008 18:55:08 EDT Technology services company Electronic Data Systems Corp. said Monday its second-quarter profit and sales grew, boosted by robust contract signings that included centers for Medicare and Medicaid services. http://www.ibtimes.com/articles/20080728/eds-posts-higher-2q-profit-sales.htm Mon, 28 Jul 2008 19:02:35 EDT Hewlett-Packard Co. said Friday the European Commission has approved its planned acquisition of Electronic Data Systems Corp. without conditions. The companies have also agreed to settle five shareholder lawsuits related to the buyout. http://www.ibtimes.com/articles/20080725/european-commission-oks-hps-buyout-of-eds.htm Fri, 25 Jul 2008 19:30:20 EDT European Union antitrust regulators have approved Hewlett-Packard Co.'s proposed $13.2 billion purchase of technology services provider Electronic Data Systems Corp. http://www.ibtimes.com/articles/20080725/european-regulators-clear-hp-purchase-of-eds.htm Fri, 25 Jul 2008 12:32:42 EDT A shareholder group is trying to pressure Electronic Data Systems Corp. into demanding more than the $13.2 billion that Hewlett-Packard Co. has offered for the technology services company. http://www.ibtimes.com/articles/20080722/hp-eds-deal-price-at-issue-in-court-hearing.htm Tue, 22 Jul 2008 10:23:45 EDT Technology services provider Electronic Data Systems Corp. said Friday proxy advisory firm ISS Governance Services, a division of RiskMetrics Group, recommended that its shareholders vote for its acquisition by Hewlett-Packard Co. http://www.ibtimes.com/articles/20080711/proxy-advisory-firm-recommends-vote-for-eds-buyout.htm Fri, 11 Jul 2008 13:33:34 EDT Technology services provider Electronic Data Systems Corp. said Wednesday its NHIC Corp. subsidiary received a $148 million contract from the U.S. Centers for Medicare & Medicaid Services. http://www.ibtimes.com/articles/20080702/electronic-data-systems-unit-gets-148m-contract.htm Wed, 02 Jul 2008 09:39:38 EDT Buoyed by a strong fiscal third-quarter report, electronic parts manufacturer Jabil Circuit Inc.'s shares gained more in the second quarter than other information technology companies in the S&P 500. http://www.ibtimes.com/articles/20080630/jabil-circuit-is-top-it-gainer-in-s-p-500-in-2q.htm Mon, 30 Jun 2008 16:26:33 EDT Electronic Data Systems Corp. said Monday it was awarded a $42.8 million contract by the Ohio Department of Taxation to modernize the state's tax and revenue system. http://www.ibtimes.com/articles/20080630/ohio-hires-eds-to-streamline-its-tax-system.htm Mon, 30 Jun 2008 15:35:23 EDT