HP re-brands EDS as HP Enterprise Services

Hewlett-Packard Co. is re-branding Electronic Data Systems as HP Enterprise Services, roughly a year after buying the company in a blockbuster $13.9 billion deal.

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HP surprises Wall Street with size of EDS job cuts

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.

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HP taking aim on IBM with risky $13.2B acquisition of EDS

Riding a hot streak that has doubled its stock price in the past three years, Hewlett-Packard Co. is rolling the dice on a $13.2 billion acquisition of technology services provider Electronic Data Systems Corp.

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Wall Street heads to flat open ahead of data

Wall Street headed for a flat open Monday ahead of a report expected to show the economy remains sluggish amid the continuing housing slump and credit crisis.

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HEWLETT-PACKARD plans to cut 7.5 per cent of its workforce, or 24,600 jobs, as it attempts to realise savings from its recent acquisition of Electronic Data Systems, the technology outsourcing group.

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Hewlett-Packard is in talks to buy Electronic Data Systems, the companies confirmed on Monday.

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Electronic Data Systems Corp. (EDS) Monday launched a world-first payment card utility in Australia to make it easier for financial institutions to modernize and manage card services in an increasingly competitive market.

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