Recent Articles
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First Data Shareholders Approve Concord EFS Merger
DENVER – A US District Court judge set December 15 as the date to hear a Department of Justice request for an injunction to stop the proposed merger of First Data and Concord EFS, giants in transaction processing services and e-commerce solutions. In April the companies announced a definitive merger agreement in an all-stock transaction…
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CompuCom Earnings Dip in Third Quarter
DALLAS, TX – CompuCom Systems, Inc. (NASDAQ: CMPC), reported net earnings of $2.14 million for the third quarter ending September 30, down from $3.28 million in the third quarter last year. President and CEO J. Edward attributed the difference to “a revenue shortfall in our software licensing business” adding that the company was encouraged by…
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EDS Reports Narrow Loss
After adopting the new Financial Accounting Standards Board revenue recognition accounting rule, EDS today announced a net loss of $.6 million on revenues of $5.24 billion. The Plano, Texas IT outsourcing firm said it would have met Wall Street earnings estimates of 32 cents a share without the change. The rule, which EDS adopted retroactively…
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Manugistics Secures Supply Chain Data
Manugistics Group Inc. is taking on the supply chain—from a different perspective. The company announced yesterday at its enVISION2003 user conference in Washington, D.C., a new grid architecture for distributed supply chain processes. Today, Manugistics announced software to both secure and synchronize supply chain data. Manugistics’ Emergency Planning and Simulation software provides a framework for…
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Fiorina Talks Technology, Convergence, Consulting
BOSTONTechnology is not about the next best thing; it’s about everything. That’s the keynote message Hewlett-Packard Co. Chairman and CEO Carly Fiorina delivered this morning here at Forrester Research Inc.’s Executive Strategy Forum. “I think the technology era of the next best thing, technology of the silver bullet, maybe was never here, but it’s certainly…
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Microsoft’s Mundie on Longhorn, PDC
Microsoft Corp. this week officially started the process of driving interest in its next-version Windows client operating system, code-named Longhorn. The Redmond, Wash., software titan turned its attention to the developer community in the hopes that they will start building a wealth of new applications to run above the operating system. Craig Mundie, Microsoft’s chief…