Fitch doubts EDS will meet contract signing goal


NEW YORK, March 25 (Reuters) - Fitch Ratings on Thursday questioned whether Electronic Data Systems Corp. can achieve its goal for contract signings this year, one day after the rating agency cut the No. 2 technology services provider's debt to one notch above junk. New contract signings plunged 43 percent in 2003 as EDS faced intensifying competition, rating downgrades and an ongoing investigation by the Securities and Exchange Commission. The company, which wrote off $559 million on ...

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