EDS Investor News Releases

HP to Acquire EDS for $13.9 Billion

Tue, 13 May 2008 00:00:01 CDT

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

Mon, 12 May 2008 00:00:01 CDT

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

Wed, 30 Apr 2008 00:00:01 CDT

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

Thu, 24 Apr 2008 00:00:01 CDT

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

Fri, 18 Apr 2008 00:00:01 CDT

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

Tue, 15 Apr 2008 00:00:01 CDT

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

Tue, 08 Apr 2008 00:00:01 CDT

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

Tue, 12 Feb 2008 00:00:01 CDT

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

Wed, 06 Feb 2008 00:00:01 CDT

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

Tue, 05 Feb 2008 00:00:01 CDT

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

Mon, 07 Jan 2008 00:00:01 CDT

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 Reports 2007 Third Quarter Results

Fri, 02 Nov 2007 00:00:01 CDT

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

Tue, 16 Oct 2007 00:00:01 CDT

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

Wed, 10 Oct 2007 00:00:01 CDT

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

Tue, 11 Sep 2007 00:00:01 CDT

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

Thu, 30 Aug 2007 00:00:01 CDT

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

Tue, 07 Aug 2007 00:00:01 CDT

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.