wwwPosted May 13th 2008 8:09AM by Douglas McIntyre
Filed under: Before the bell, Hewlett-Packard (HPQ), Electronic Data Systems (EDS)
EDS (NYSE:EDS) is up 2% on news of a takeover by Hewlett-Packard (NYSE:HPQ) with most of the gain coming yesterday afternoon when rumors surfaced.
HP is off 1.2% after a sharp drop near the end of the close yesterday.
Deutsche Telekom (NYSE:DT) is off 3% on continuing rumors that it might buy in to Sprint (NYSE:S).
Hoku Scientific (NASDAQ:HOKU) is off 7% on weak earnings.
Douglas A. McIntyre is an editor at 247walls.com and author of the Ten Stocks Under $10 letter.
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