EDS shares rise on investor relief worst is over


NEW YORK, Oct 31 (Reuters) - Shares of Electronic Data Systems Corp. jumped more than 7 percent on Thursday, a day after the world's No. 2 computer services company posted profits that tumbled 60 percent, but reassured investors there were no more skeletons in the closet. "It's called a relief rally I guess," Moshe Katri, an analyst with SG Cowen Securities said. "Management hasn't disclosed additional problem contracts or underperforming contracts, but let's wait and see." EDS -- second ...

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