Perot Shares Down On Q3 News
Perot Systems?s third-quarter numbers came in just below analysts? expectations, and the company announced a slew of job cuts to boost profitability and in relation to the termination of its large outsourcing contract with Triad Hospitals, a US health system. The news didn?t go over well on Wall Street, where shares fell nearly 8% to close at $14.85 on Tuesday.