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October 24, 2007
Top Stories
EDS WINS $550 MILLION CONTRACT FROM CONTINENTAL AIRLINES...EDS and Continental Airlines today announced the signing of a seven-year information technology (IT) services contract valued at approximately $550 million. Under the agreement, EDS will manage Continental's compute environments, reservation systems, legacy application development and maintenance, field services, network and voice systems, help desk and complete desktop support. This agreement also calls for Continental and EDS to work together closely on a joint application modernization strategy, updating legacy systems to better suit the needs of Continental and its customers.
UNISYS NARROWS QUARTERLY LOSS...Unisys reported a third-quarter 2007 net loss of $31.0 million, or 9 cents per share. These results compared with a third-quarter 2006 net loss of $77.5 million, or 23 cents per share, which included a pre-tax restructuring charge of $36.4 million. Pre-tax retirement-related expense in the third quarter of 2007 was $22.8 million compared with $47.5 million a year ago. Revenue for the third quarter of 2007 declined 1 percent to $1.39 billion from $1.41 billion in the year-ago quarter.
EMPTORIS 7 RELEASED...Emptoris, Inc. announced the release of Emptoris 7, the company’s Supply and Contract Management software suite. Emptoris 7 includes solutions for contract management, sourcing, spend analysis, and compliance, as well as a significantly expanded supplier performance management solution.
GEVITY RELEASES ANSWER BOOK...Gevity, which serves as a fullservice human resources department for small- and mid-sized businesses, the release of the Gevity Answer Book. The Gevity Answer Book brings together seasoned business leaders and HR experts,including Dr. Christopher Collins of Cornell University’s Center for Advanced Human Resource Studies. Focusing on topics such as growing your business and maximizing people and performance.
Posted by jbowles at October 24, 2007 08:18 PM
