Houston Business News - May 13, 2008 (6:33:00 am)
News reports by Houston Business Journal






Reports: Hewlett-Packard in talks to buy EDS
Several news agencies were reporting late Monday that Hewlett-Packard Co. is negotiating to buy information technology services giant Electronic Data Systems Corp. (HP) (EDS)


Survey: Most small business owners optimistic
Nearly 78 percent of owners and managers of small businesses say their companies are either on target or will grow at a faster pace than projected this year, according to a national survey released Monday. (ASF)


McLean Cargo Specialists leases LEED-certified industrial building
Liberty Property Trust has leased the second of two LEED-registered industrial buildings that the developer said were a first for Houston when they broke ground late last year. (LRY)


Bar Association contest winning videos to be screened
The winners of the Houston Bar Association's high school video contest will screen their shorts at City Hall on May 14.


After the bell: DXP, Enterprise, Integrated, McDermott
After the bell: DXP, Enterprise, Integrated, McDermott (DXPE) (EPE) (MDR) (IESC)


Kanaly trades Post Oak office for Marathon tower
Kanaly Trust Co. is relocating from the Galleria area office building where it has operated for more than 30 years, but the moving trucks won't have far to go.


Continental Alloys opens Malaysia facility
Continental Alloys & Services is expanding its presence in Asia with the opening of a facility in Johor, Malaysia.


Houston companies report earnings
Calpine Corp., EV Energy Partners LP, GeoMet Inc., GeoResources Inc., Houston Wire & Cable Co., Repros Therapeutics Inc., Targa Resources Partners LP and Tetra Technologies Inc. all reported first-quarter results Monday, while Imperial Sugar Co. reported second-quarter earnings and Contango Oil & Gas Co. reported third-quarter results. (CPN) (EVEP) (GMET) (GEOI) (HWCC) (RPRX) (NGLS) (TTI) (IPSU)


Shell divests some Calif. stations to Nakash
Shell Oil Products US is transitioning 20 of its branded gasoline stations in the Sacramento, Calif.-area to Nakash Enterprises LLC.


Hyperdynamics prices offering
Hyperdynamics Corp. is offering about 2.4 million shares at $1.65 per share.