EDS Continues To Report An Earnings Slide

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Electronic Data Systems Corp. continues to struggle, reporting a loss of $600,000, essentially break-even on a per share basis, for the third quarter, compared to net income of $86 million, or 18 cents a share, for the third quarter last year. Third quarter earnings include a $139 million gain on the sale to Fiserv of the company's CU group, which at one point served more than 2,500 credit unions.

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