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News Stories

Showing 1-10 of 10 results found

EDS delays earnings again

November 4, 2004 Auditor KPMG says it isn't ready. Struggling IT services giant is also probing its bonus plan. TAGS: Electronic Data Systems Corp., KPMG Consulting Inc., contract, financial statement, earnings, audit, spokesman, asset

Loss of contract may hit EDS earnings

December 12, 2003 Analysts reduce their outlook for the company's earnings next year after it loses a $5.2 billion U.K. contract. TAGS: Electronic Data Systems Corp., Capgemini, earnings, contract, earnings estimate, IT infrastructure, tax, U.K., information technology, security

EDS financial probe deepens

March 1, 2004 The SEC asks for information about a massive asset write-down by the information technology services firm related to its $6 billion U.S. Navy contract. TAGS: Electronic Data Systems Corp., inquiry, contract, asset, information technology

Problems mount for EDS

March 15, 2004 The IT services giant reports deepening troubles with a major commercial contract and predicts a loss of up to $75 million related to pension liability. TAGS: Electronic Data Systems Corp., contract, Dow Chemical Co., agreement, asset, client, information technology, U.K.

U.S. agency urges revocation of EDS contract

January 7, 2004 Congress' auditing arm recommends that a HUD contract with Electronic Data Systems, potentially worth roughly $860 million, be overturned, more bad news for the services giant. TAGS: Electronic Data Systems Corp., Lockheed Martin Corp., auditing, information technology, contract, IT services, agency, U.S.

GSA to cast shadow over Sun?

May 30, 2007 GSA testimony next week before congressional committee to address propriety of government's tech contracts, and could focus on Sun. TAGS: Electronic Data Systems Corp., Sun Microsystems Inc., Accenture Ltd., government, administrator, lawsuit, contract, spokesman, agency, HP

IBM concocts a deal with Dow Chemical

August 3, 2004 Electronic Data Systems gives way to Big Blue four years into a high-profile outsourcing job. TAGS: Dow Chemical Co., Electronic Data Systems Corp., termination, contract, agreement, IBM Corp., outsourcing, client, asset, voice, networking, video, server, e-mail

Outsourcing megadeals lose momentum

September 16, 2004 The shift is highlighted by IBM's loss of its $5 billion JPMorgan contract, one of the largest outsourcing deals in recent memory. TAGS: megadeal, Electronic Data Systems Corp., Dow Chemical Co., outsourcing, contract, Gartner Inc., shift, IBM Corp., agreement, desktop computer, research company, information technology

Can offshore outsourcers end reign of Big Six?

January 12, 2006 Huge outsourcing contracts are soon up for grabs, and Indian companies could give big players a run for their money. TAGS: outsourcing company, outsourcing, renewal, Electronic Data Systems Corp., contract, Indian company, Accenture Ltd., IBM Corp.

Cisco notches new Net phone deal

September 28, 2004 Bank of America signs a deal to deploy 180,000 Cisco IP telephones nationwide over the next three years. TAGS: Bank of America Corp., Cisco Systems Inc., IP phone, integrator, Dow Chemical Co., data network, systems integrator, VoIP, Electronic Data Systems Corp., contract, IP telephony, telephony, IP, Internet phone, IBM Corp.

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contract [x] , Electronic Data Systems Corp. [x]