UPDATE 3-EDS 2nd-quarter earnings hit by WorldCom exposure

Newswire

(Adds details, stock performance) By Siobhan Kennedy NEW YORK, July 24 (Reuters) - Electronic Data Systems Corp. on, the No. 2 computer services company, Wednesday reported a smaller-than-expected second-quarter profit due to potential losses on its contract with bankrupt WorldCom. EDS said that new business contracts fell short of expectations as customers delayed signing deals amid a near freeze in technology spending. It said revenue growth would remain in the low single digits ...

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