It's a Merger.

Cramer: Hewlett-Packard, EDS a Great Pairing
The recent merger is solid news for Hewlett-Packard, says Jim Cramer.

Click here to watch the video.

From a recent Mad Money show:

"No, you're a seller of that one. This may not be that great a deal. Don't be greedy. Move on."

EDS (EDS) was downgraded by Friedman Billings from Outperform to Market Perform.

EDS was downgraded by Citigroup from Hold to Sell.

EDS was downgraded by Stifel Nicolaus from Buy to Hold.

Electronic Data Systems (EDS) was downgraded to Underweight, Morgan Stanley said. $19 price target. Estimates also cut, as the company will likely lose market share to Indian outsourcers. Business also leveraged to the health of the overall economy.

Need to track employee shares

Technology services company Electronic Data Systems Corp. recently said its board approved a stock buyback program authorizing the repurchase of up to $1 billion in common stock over the next approximately 18 months.

The buyback represents about 50.3 million, or 9.8 percent, of the company's about 512.1 million outstanding shares.

The stock trades for 4.5x cash flow.

Morningstar

ACQUIRED EMPHASIS CORP IN INDIA

already own

employer