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 Electronic Data Systems Corp.  (EDS) Trade Now »     Rate EDS  -  Discuss EDS  -  Add to Watch List         Graphic_subscribe

       Sector: Technology  >  Industry: Computer Services
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From the Blogosphere

HP Says EDS Merger To Close This Month
N/A

Executives of Hewlett Packard (HPQ) expect their $13.9 billion acquisition of IT services firm EDS (EDS), announced in May, to close this month, the executives told analysts on a conference call this evening following their Q3 financial report.

<>“We anticipate that the acquisition of EDS will close later this month,” said Jim Burns, HP’s VP for investor relations. HP management will meet with analysts on September 15, including CEO Mark Hurd and executives from EDS and HP’s own services group. They plan to discuss “HP’s opportunities in the enterprise market including actions we <><><><><>< /><><>< /><>< /><>< /><>< /><>< />< />...
By  Eric Savitz (Barron's)    08/19/08 Comment


Analyst calls: AMGN, EDS, OVTI, V, MVL, ANF, LULU, URBN ...

Filed under: Analyst upgrades and downgrades, Hewlett-Packard (HPQ), Abercrombie and Fitch (ANF), Electronic Data Systems (EDS), Amgen Inc (AMGN), Analyst initiations, Urban Outfitters (URBN), Marvel Entertainment (MVL)

Analyst upgrades:
<>
  • Citigroup upgraded shares of Amgen Inc. (NASDAQ: AMGN) to Buy from Hold and raised the target price to $70 from $50 following AMGN's better-than-expected Q2 results and positive Dmab results.
    • <>Credit Suisse upgraded Electronic Data Systems (NYSE: EDS) to Neutral from Underperform and expects the Hewlett-Packard (NYSE: HPQ) transaction to close at the $2...
    By  Eric Buscemi   (+0.00%)  07/29/08 Comment


    EDS shareholders want to postpone acquisition by Hewlett-Packard

    Filed under: Deals, Hewlett-Packard (HPQ), Electronic Data Systems (EDS)

    Shareholders of EDS Corp. (NYSE: EDS) are starting to fidget in their collective seats now that the a shareholder meeting between the company and suitor Hewlett-Packard Corp. (NYSE: HPQ) is scheduled for July 31st. The delay is being brought on by a contingent of shareholders that believes the price H-P will be paying for EDS is, of course, too low.

    The shareholders claim that the $25 per share price is too low in addition to a provision that doesn't allow the EDS board to accept higher offers, should one be brought fort...
    By  Brian White   (+0.00%)  07/22/08 Comment


    Notable Analyst Rating Changes 7/8: EDS, MMC, WDC Upgraded; OEH, WYE, RATE Downgraded
    StreetInsider.com Notable Analyst Rating Changes:UPGRADES:Goldman Sachs upgrades Electronic Data Systems (NYSE: EDS) from Sell to Neutral.Citi upgrades Marsh & McLennan (NYSE: MMC) from Hold to Buy. Price target $33.Merrill Lynch upgrades Western Digital (NYSE: WDC) from Neutral to Buy. For daily real-time Upgrades go to http://www.streetinsider.com/UpgradesDOWNGRADES:Merrill Lynch downgrades Orient-Express Hotels (NYSE: OEH) from Neutral to Underperform.Caris & Co. downgrades Wyeth (NYSE: WYE) from Above Average to Average.SunTrust Robinson Humphrey downgrades Bankrate (NASDAQ: RATE) from...
    By  Street Insider   (+10.66%  risk: moderate)  07/08/08 Comment


    HP steals key Sun Microsystems sales exec

    Filed under: Management, Hewlett-Packard (HPQ), Sun Microsystems (JAVA)

    Hewlett-Packard Co. (NYSE: HPQ) has just stolen a key global sales head from competitor Sun Microsystems Inc. (NASDAQ: JAVA). Don Grantham has joined HP as chief sales officer after resigning recently from Sun. Sun CEO Jonathan Schwartz indicated that Grantham went to HP to help that company secure a Sun Solaris license before HP's acquisition of EDS Corp. (NYSE: EDS) was completed. Schwartz was seen grinding his teeth shortly thereafter as well.

    Sun, which continues to sell its servers and software quite well, but is als...
    By  Brian White   (+0.00%)  06/04/08 Comment



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