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February 13, 2008
Top Stories
HP WINS $675 MILLION UNILEVER EXTENSION...HP and Unilever announced an extension of their relationship with the signing of a seven-year, $675 million outsourcing contract for the management of Unilever’s technology infrastructure in the Americas, Asia, Africa, Turkey and Middle East. HP will provide an infrastructure designed to quickly adapt to the changing needs of Unilever’s business by standardizing, virtualizing and optimizing Unilever’s enterprise computing environment in the regions above as well as its client services environment in Asia Pacific, Africa, Turkey and the Middle East.
EDS QUARTERLY REVENUES UP...EDS 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. Fourth quarter 2007 net income, in accordance with U.S. GAAP, was $189 million, or 36 cents per share, versus $217 million, or 40 cents per share, in the prior year's fourth quarter (A statement reconciling GAAP and adjusted results is included in this release). Fourth quarter revenue increased 2 percent to $5.83 billion from $5.70 billion in the year-ago quarter(1). Fourth quarter revenue decreased 3 percent on an organic basis, which excludes the impact of currency fluctuations, acquisitions and divestitures.
Posted by jbowles at February 13, 2008 05:53 PM
