Investor Relations: Related News
- EDS, an HP Company, Positioned in “Leaders” Quadrant for Worldwide Managed and Professional Network Service (28 Aug 2008)
- PLANO, TX – EDS, an HP company, today announced it has been positioned in the “Leaders” quadrant in industry analyst firm Gartner Inc.’s Magic Quadrant report on worldwide managed and professional network service providers.
- HP Completes $13.9 Billion Acquisition of EDS (26 Aug 2008)
- PALO ALTO, Calif., Aug. 26, 2008 – HP today announced that it has completed its acquisition of Electronic Data Systems Corporation (EDS), creating a leading force in technology services.
- EDS Stockholders Approve Merger With Hewlett-Packard Company (31 Jul 2008)
- PLANO, Texas – EDS today announced that at the special meeting of stockholders held on July 31, 2008 its stockholders have adopted the Agreement and Plan of Merger dated as of May 13, 2008 among EDS, Hewlett-Packard Company (HP) and Hawk Merger Corporation, pursuant to which EDS will become a wholly-owned subsidiary of HP. Approximately 98.8 percent of the shares of EDS common stock voting on the proposal were voted in favor of the adoption of the Agreement and Plan of Merger, representing approximately 72.4 percent of the issued and outstanding shares of EDS common stock as of the close of business on June 24, 2008, the record date for the special meeting.
- EDS Reports Second Quarter 2008 Results (28 Jul 2008)
- PLANO, Texas – EDS today reported second quarter 2008 adjusted net income of $173 million, or 33 cents per share(1), versus second quarter 2007 adjusted net income of $143 million, or 27 cents per share(2). Second quarter 2008 net income, in accordance with U.S. GAAP, was $160 million, or 31 cents per share, versus $138 million, or 26 cents per share, in the prior year's second quarter (a statement reconciling GAAP and adjusted results is included in this release).
- EDS Announces European Commission Approval of Proposed Acquisition By HP and Settlement of Stockholder Litigation (25 Jul 2008)
- PLANO, Texas – EDS today announced that the European Commission has approved Hewlett-Packard Company’s proposed acquisition of EDS without condition.
- EDS To Report Second Quarter Financial Results On July 28 (23 Jul 2008)
- PLANO, Texas – EDS today announced that it will release the company’s second quarter financial results on Monday, July 28 via a press release following the close that day of the New York Stock Exchange.
- ISS Recommends EDS Stockholders Vote for Merger Agreement with Hewlett-Packard (11 Jul 2008)
- PLANO, Texas – EDS today announced that ISS Governance Services (ISS) has published its report recommending that EDS stockholders vote FOR the proposal to approve the Agreement and Plan of Merger under which EDS would be acquired by Hewlett-Packard Company.
- EDS Announces Expiration of Waiting Period Under Hart-Scott-Rodino Act (30 Jun 2008)
- PLANO, Texas – Electronic Data Systems Corporation, today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 relating to Hewlett-Packard Company’s proposed acquisition of EDS has expired without a request for further information by the U.S. Department of Justice or Federal Trade Commission.
- Electronic Data Systems Corporation Schedules Special Meeting of Stockholders (18 Jun 2008)
- PLANO, Texas – Electronic Data Systems Corporation (NYSE: EDS), today announced that it has called a special meeting of its stockholders, to be held at 9:30 a.m. Central time on July 31, 2008 at its principal executive offices located at 5400 Legacy Drive, Plano, Texas 75024.
- HP To Acquire EDS for $13.9 Billion (13 May 2008)
- PALO ALTO, Calif., and PLANO, Texas, May 13, 2008 – HP and EDS today announced that they have signed a definitive agreement under which HP will purchase EDS at a price of $25.00 per share, or an enterprise value of approximately $13.9 billion. The terms of the transaction have been unanimously approved by the HP and EDS boards of directors.
- Electronic Data Systems Corporation Confirms Advanced Talks with Hewlett-Packard Company (12 May 2008)
PLANO, Texas – In response to market rumors, Electronic Data Systems Corporation (NYSE:EDS) announced that it is in advanced discussions regarding a possible business combination transaction with Hewlett-Packard Company. The company does not intend to comment further unless and until a definitive agreement has been entered into. There can be no assurance that a definitive agreement will be entered into.
- EDS' Ron Vargo to Speak at Merrill Lynch's Technology Conference (30 Apr 2008)
- PLANO, Texas – EDS Executive Vice President and Chief Financial Officer Ron Vargo is scheduled to speak at Merrill Lynch's Technology Conference on Thursday, May 8, 2008 at 9:45 a.m. (Eastern time) at The Westin Hotel Times Square in New York City, New York.
- EDS Reports First Quarter 2008 Results (24 Apr 2008)
- PLANO, Texas – EDS today reported first quarter 2008 adjusted net income of $63 million, or 12 cents per share, versus first quarter 2007 adjusted net income of $165 million, or 31 cents per share. First quarter 2008 net income, in accordance with U.S. GAAP, was $62 million, or 12 cents per share, versus $164 million, or 31 cents per share, in the prior year's first quarter (a statement reconciling GAAP and adjusted results is included in this release).
- EDS to Broadcast 2008 First-Quarter Earnings Teleconference via Internet on Thursday, April 24 (18 Apr 2008)
- PLANO, Texas – EDS has scheduled the release of its 2008 first-quarter earnings and its conference call with securities analysts for Thursday, April 24, before the market opens. The conference call will be broadcast live on the Internet at 8:00 a.m. Central (9:00 a.m. Eastern).
- EDS Board of Directors Approves 5-Cent Dividend on EDS Common Stock (15 Apr 2008)
- PLANO, Texas – The EDS Board of Directors today declared a dividend on the common stock of EDS of $0.05 per share, payable June 10, 2008, to shareholders of record as of the close of business May 15, 2008.
- EDS to Broadcast Annual Shareholders Meeting Live on Internet on Tuesday, April 15 (08 Apr 2008)
- PLANO, Texas – EDS will broadcast its annual shareholders meeting live on the Internet beginning at 1:00 p.m. Central time (2:00 p.m. Eastern) Tuesday, April 15 at the offices of EDS, 5400 Legacy Drive, Plano, Texas.
- EDS to Broadcast Securities Analysts’ Meeting via Internet on Tuesday, Feb. 19 (12 Feb 2008)
- PLANO, Texas – EDS will broadcast its annual meeting with securities analysts live on the Internet on Tuesday, Feb. 19, beginning at 9:00 a.m. Eastern time until approximately 12:30 p.m., from The Millennium Broadway Hotel in New York City.
- EDS Reports Fourth Quarter and Full-Year 2007 Results (06 Feb 2008)
- PLANO, Texas – EDS today reported fourth quarter 2007 adjusted net income of $295 million, or 55 cents per share, versus fourth quarter 2006 adjusted net income of $254 million, or 47 cents per share.
- EDS Board of Directors Approves 5-Cent Dividend on EDS Common Stock (05 Feb 2008)
- PLANO, Texas – The EDS Board of Directors today declared a dividend on the common stock of EDS of $0.05 per share, payable March 10, 2008, to shareholders of record as of the close of business February 20, 2008.
- EDS to Broadcast 2007 Fourth-Quarter and Full Year Earnings Teleconference via Internet on Wednesday, Feb. 6 (07 Jan 2008)
- PLANO, Texas – EDS will broadcast its conference call with securities analysts live on the Internet at 4:00 p.m. Central (5:00 p.m. Eastern) Wednesday, Feb. 6, following the release of its 2007 fourth-quarter and full-year earnings.
- EDS Agrees To Acquire Saber Corporation, a Leading Provider of U.S. State and Local Government Software and Solutions (13 Nov 2007)
- PLANO, Texas – EDS today announced it has agreed to purchase an approximate 93 percent equity interest in Saber Holdings, Inc., a leading provider of software and services to U.S. state governments, from various sellers, including majority shareholder Accel-KKR, for approximately $420 million in cash.
- EDS Reports 2007 Third Quarter Results (02 Nov 2007)
- PLANO, Texas – EDS today reported third quarter 2007 adjusted net income of $225 million, or 42 cents per diluted share, versus third quarter 2006 adjusted net income of $128 million, or 24 cents per diluted share. See “GAAP Reconciliation” below for reported net income and earnings per share for third quarter 2007 and 2006.
- EDS Board of Directors Approves 5-Cent Dividend on EDS Common Stock (16 Oct 2007)
- PLANO, Texas – The EDS Board of Directors today declared a dividend on the common stock of EDS of $0.05 per share, payable December 10, 2007, to shareholders of record as of the close of business November 15, 2007.
- EDS to Broadcast 2007 Third-Quarter Earnings Teleconference via Internet on Friday, Nov. 2 (10 Oct 2007)
- PLANO, Texas – EDS will broadcast its conference call with securities analysts live on the Internet at 8:00 a.m. Central (9:00 a.m. Eastern) Friday, Nov. 2, following the release of its 2007 third-quarter earnings.
- EDS' Ron Rittenmeyer to Speak at Bank of America 2007 Annual Investment Conference (11 Sep 2007)
- PLANO, Texas #&8211; EDS President and Chief Executive Officer Ron Rittenmeyer will be speaking at the Bank of America 2007 Annual Investment Conference on September 17, 2007, at 2:00 p.m. (Pacific time) held at The Ritz Carlton Hotel, San Francisco, Calif.
- EDS' Ron Vargo to Speak at Citigroup's 14th Annual Global Technology Conference (30 Aug 2007)
- PLANO, Texas – EDS Executive Vice President and Chief Financial Officer Ron Vargo will be speaking at Citigroup's 14th Annual Global Technology Conference on Thursday, Sept. 6, 2007, at 10:25 a.m. (Eastern Time) held at the Hilton New York Hotel in New York City.
- EDS' Kim Stevenson to Speak at RBC Capital Markets North American Technology Conference (07 Aug 2007)
- PLANO, Texas – EDS Vice President of Enterprise Service Management, Kim Stevenson, will be speaking at RBC Capital Markets North American Technology Conference on August 8, 2007 at 9:30 a.m. (Pacific time) held at the Four Seasons Hotel, San Francisco, California.
- EDS Reports 2007 Second Quarter Results (01 Aug 2007)
- PLANO, Texas – EDS today reported second quarter 2007 adjusted net income of $143 million, or 27 cents per diluted share, versus second quarter 2006 adjusted net income of $107 million, or 20 cents per diluted share.
- EDS Board of Directors Approves 5-Cent Dividend on EDS Common Stock (17 Jul 2007)
- PLANO, Texas – The EDS Board of Directors today declared a dividend on the common stock of EDS of $0.05 per share, payable September 10, 2007, to shareholders of record as of the close of business August 15, 2007.
- EDS to Broadcast 2007 Second-Quarter Earnings Teleconference via Internet on Wednesday, Aug. 1 (12 Jul 2007)
- PLANO, Texas – EDS will broadcast its conference call with securities analysts live on the Internet at 4:00 p.m. Central (5:00 p.m. Eastern) Wednesday, Aug. 1, following the release of its 2007 second-quarter earnings.
- EDS’ Charlie Feld to Speak at Bear Stearns 8th Annual Computer and Business Services Conference (04 Jun 2007)
- EDS Senior Executive Vice President of Applications Services, Charlie Feld, will be speaking at the Bear Stearns 8th Annual Computer & Business Services Conference.
- EDS’ Mike Jordan to Speak at Sanford Bernstein’s Annual Strategic Decisions Conference (24 May 2007)
- PLANO, Texas – EDS Chairman and Chief Executive Officer Mike Jordan will be speaking at Sanford C. Bernstein’s 23rd Annual Strategic Decisions Conference on May 30, 2007, at 2:00 p.m. (Eastern time) held at the Waldorf Astoria, New York.
- EDS’ Charlie Feld to Speak at JPMorgan 35th Annual Technology Conference (15 May 2007)
- EDS' Senior Executive Vice President of Applications Services, Charlie Feld, will be speaking at the JPMorgan 35th Annual Technology Conference.
- EDS Board of Directors Approves 5-Cent Dividend on EDS Common Stock (17 Apr 2007)
- PLANO, Texas – The EDS Board of Directors today declared a dividend on the common stock of EDS of $0.05 per share, payable June 11, 2007, to shareholders of record as of the close of business May 15, 2007.
- EDS to Broadcast 2007 First-Quarter Earnings Teleconference via Internet on Thursday, May 3 (11 Apr 2007)
- PLANO, Texas – EDS will broadcast its conference call with securities analysts live on the Internet at 4:00 p.m. Central (5:00 p.m. Eastern) Thursday, May 3, following the release of its 2007 first-quarter earnings.
- EDS to Broadcast Annual Shareholders Meeting Live on Internet (10 Apr 2007)
- PLANO, Texas – EDS will broadcast its annual shareholders meeting live on the Internet beginning at 1:00 p.m. Central time (2:00 p.m. Eastern) Tuesday, April 17 at the offices of EDS, 5400 Legacy Drive, Plano, Texas.
- EDS’ Bill Thomas to Speak at UBS’ Global Software and IT Services Conference (07 Mar 2007)
- PLANO, Texas – EDS Executive Vice President, Europe, Middle East and Africa, Bill Thomas, will be speaking at the UBS Global Software and IT Services Conference on March 14, 2007, at 10:30 a.m. GMT held at the UBS offices in London, England.
- EDS to Broadcast Securities Analysts Meeting via Internet on Tuesday, Feb. 20 (13 Feb 2007)
- PLANO, Texas – EDS will broadcast its annual meeting with securities analysts live on the Internet on Tuesday, Feb. 20, beginning at 9:00 a.m. Eastern time until approximately 12:30 p.m., from The Millennium Broadway Hotel in New York City.
- EDS’ Mike Jordan to Speak at Bank of America’s 2007 Technology Conference (13 Feb 2007)
- PLANO, Texas – EDS Chairman and Chief Executive Officer Mike Jordan will be speaking at Bank of America's 2007 Technology Conference on February 21, 2007, at 2:30 p.m. (Eastern time) held at the New York Palace Hotel, New York.
- EDS Board of Directors Approves 5-Cent Dividend on EDS Common Stock (06 Feb 2007)
- PLANO, Texas – The EDS Board of Directors today declared a dividend on the common stock of EDS of $0.05 per share, payable March 9, 2007, to shareholders of record as of the close of business February 20, 2007.
- EDS to Broadcast 2006 Fourth-Quarter and Full-Year Earnings Teleconference via Internet on Wednesday, February 7 (09 Jan 2007)
- PLANO, Texas – EDS will broadcast its conference call with securities analysts live on the Internet at 4:00 p.m. Central (5:00 p.m. Eastern) Wednesday, February 7.
- EDS Names Kost to Lead Investor Relations (03 Jan 2007)
- PLANO, Texas – EDS today said it has named Dave Kost vice president of Investor Relations. Kost will transition into the job over the next 60 days. He will replace Al Hamood, who will become chief financial officer for EDS’ U.S. operations.
- EDS' Ron Vargo to Speak at Lehman Brothers' Global Technology Conference (29 Nov 2006)
- PLANO, Texas – EDS Chief Financial Officer Ron Vargo will be speaking at Lehman Brothers' Global Technology Conference on December 6, 2006, at 2:00 p.m. (Eastern time) held at The Fairmont Hotel in San Francisco, Calif.
- EDS’ Ron Rittenmeyer to Speak at Credit Suisse 2006 Annual Technology Conference (22 Nov 2006)
- PLANO, Texas – EDS Chief Operating Officer Ron Rittenmeyer will be speaking at Credit Suisse 2006 Annual Technology Conference on November 29, 2006, at 12:30 p.m. (Eastern time) held at the Phoenician in Scottsdale, Arizona.
- EDS' Ron Vargo To Speak At UBS' Global Communications and Technology Conference (10 Nov 2006)
- PLANO, Texas – EDS Chief Financial Officer Ron Vargo will be speaking at UBS' Global Communications and Technology Conference on November 16, 2006, at 12:00 p.m. (Eastern time) held at the Grand Hyatt New York in New York City.
- EDS' Ron Rittenmeyer to Speak at Goldman Sachs Software & IT Services Retreat 2006 (30 Oct 2006)
- PLANO, Texas – EDS' Chief Operating Officer, Ron Rittenmeyer, will be speaking at the Goldman Sachs Software & IT Services Retreat on November 6, 2006, at 3:00 p.m. (Eastern time) held at the Goldman Sachs Conference Center, New York City, NY.
- EDS Announces Open Offer to Acquire Additional Shares in MphasiS (19 Oct 2006)
- PLANO, Texas – EDS announced today in India an open offer (the “Offer”) to acquire an additional 20 percent of MphasiS BFL Limited (“MphasiS”) (Bombay Stock Exchange: 526299 and National Stock Exchange of India: MPHASISBFL) for Rupees 204.5 per share in cash. At current exchange rates, the total purchase price for this Offer, assuming full acceptance, is approximately US$150 million. EDS expects this transaction to be completed by early first quarter 2007.
- EDS Board of Directors Approves 5-Cent Dividend on EDS Common Stock (18 Oct 2006)
- PLANO, Texas – The EDS Board of Directors today declared a dividend on the common stock of EDS of $0.05 per share, payable December 11, 2006, to shareholders of record as of the close of business November 15, 2006.
- EDS’ Board of Directors Elects Anthony Glasby as Corporate Treasurer (18 Oct 2006)
- PLANO, Texas – EDS today announced that its board of directors has elected Anthony Glasby as vice president and treasurer. Glasby replaces Ron Vargo, who was recently named executive vice president and chief financial officer for EDS.
- EDS To Broadcast 2006 Third-Quarter Earnings Teleconference Via Internet On Wednesday, November 1 (26 Sep 2006)
- PLANO, Texas – EDS will broadcast its conference call with securities analysts live on the Internet at 4:00 p.m. Central time (5:00 p.m. Eastern) Wednesday, November 1.