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by: Sramana Mitra posted on: May 22, 2008 | about stocks: EDS / HPQ Early year in the year, I observed that Hewlett-Packard looks recession proof. On Tuesday, HP (NYSE:HPQ) reported a strong second quarter driven by strong international sales that accounted for 70% of its revenue and offset...
By Haresh Soneji, CNBC-TV18 Open Offer or NOT? EDS says HP will not be required to make a tender offer for MphasiS under Sebi (Substantial Acquisition of Shares & Takeovers) regulations, 1997 Reason – Exemption contained in section 3(1)(j)(ii) EDS statement clearly uses the word – We BELIEVE....
HP and EDS customers should look at renegotiating existing contracts to push for price reductions and improved services following the $13.9bn (£7bn) deal between the two outsourcing giants. Outsourcing consultants and advisers have said HP's agreement to buy EDS presents an opportunity for both...
BT was once more the biggest supplier of UK government ICT in 2007, but HP's purchase of EDS may now have put the merged company into the lead. New research from Kable shows that the state sector spent £2.1bn with BT last year; but the combined ICT spending with HP and EDS, which are on course...
Since HP and EDS sealed their agreement, customers from both companies are expecting to negotiate better terms on their deals. Compare your salaryUse the IT salary benchmark wizard and know the average salary differences between different job functions. Join...
Ed Thomas, Datamonitor analyst - 5/22/2008 In a move that has taken the IT services industry by surprise, HP has revealed plans to acquire EDS for approximately $13,9bn. The deal will make HP, already the world's largest PC vendor, the second-largest player in the outsourcing market, with annual...
21.05.2008 - Hewlett Packard (HP) posted net revenue of US$28.3bn for Q208, up 11pc year-over-year. GAAP operating profit was US$2.6bn, up 22pc year-over-year, and GAAP diluted earnings-per-share (EPS) was US$0.80, up from US$0.65 in the prior-year period. Net earning was US$2.1bn, up 16pc...
by Bryan Collins Hewlett-Packard saw revenue jump just under 10 percent during the firm's second fiscal quarter. HP also took the time to officially announce it is to purchase EDS at a price of USD25 per share. The terms of the transaction have been unanimously approved by HP and the EDS board of...
First, let me disclose that I am still an EDS contractor / vendor of software services (though technically not working on any active EDS engagements at the moment). My most recent engagement with EDS was the development of software to design and configure (at last count) 100,000 VoIP phones in an...
13.9bn HP deal - signal to hit the renegotiation table? HP and EDS customers should look at renegotiating existing contracts to push for price reductions and improved services following the $13.9bn deal between the two outsourcing giants. Outsourcing consultants and advisors say HP's agreement to...
By James Niccolai, IDG News Service A 31 percent jump in laptop PC sales helped drive Hewlett-Packard's strong quarterly results on Tuesday, although there were signs of growth in all its businesses. Total revenue for the second quarter was $28.3 billion, up 11 percent from a year earlier. Net...
Investing & Markets, Mergers, Acquisitions & Buyouts, Ownership Changes, Finance, Banking & Insurance, Corporate Performance, Stock Markets, Investing, Financial Markets, Acquisitions & Takeovers, Earnings Surprises, Corporate Earnings, Mark Hurd, Sramana Mitra, IBM, Personal Systems Group, EDS Corp., Seeking Alpha, Compaq, Hewlett-Packard
