International Business Machines Corp
NYSE: IBM
$222.97
+$0.57 (+0.3%)
Closing Price on November 22, 2024
IBM Articles
Investors have headed for the exits ever since IBM announced its $34 billion acquisition of Red Hat. They are right to be wary.
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IBM shares dropped about 7% last week following the company's announcement that it will acquire open-source software firm Red Hat for a cool $34 billion.
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This last week was a crazy end to the October selling craze being followed by a flood of stock buying this week prior to Friday’s major profit taking. Some of that buying is obviously being...
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Following a rocky October, a solid choice for investors may be the old school big cap technology leaders that also were crushed last month.
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IBM, General Electric, McDermott International, and Clovis Oncology all posted new 52-week lows Wednesday.
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IBM, Boeing, Microsoft, and Visa were the worst Dow performers Monday as the index dropped more than 320 points.
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There are several wild things about the IBM buyout of cloud company Red Hat. Among them is that IBM will pay $34 billion for a company that made less than $260 million last year.
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IBM buys Red Hat, "Halloween" is number one at the box office, Japan is building relationships with China, and other important business headlines.
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DowDuPont and Caterpillar closed the week tied for the dubious honor of being the Dow's worst-performing stocks of 2018.
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DowDuPont returned for another week as the year-to-date's worst-performing Dow stock. In a filing related a planned spin-off of the company's agricultural business, DowDuPont added a bit of a...
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Apple, IBM, Home Depot, and Caterpillar were the biggest losers in a significantly poor day for the Dow stocks.
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Wednesday was a down day for the broad U.S. markets. Despite a strong showing Tuesday, the bears won out in this session. Crude oil also suffered a massive drop in the session. The S&P 500...
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Investors were hugely disappointed with IBM’s report and sent shares lower, making it the worst performing Dow stock on Wednesday. Yet, analysts maintained optimism for the tech giant, looking past...
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The top analyst upgrades, downgrades and initiations seen on Wednesday included Cree, Goldman Sachs, Home Depot, IBM, Lennar, Lowe's, NetApp, Netflix, Starbucks and United Continental.
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Ginni Rometty, has been at the helm of IBM since the start of 2012. Over that period, IBM has been nearly ruined, and without a new CEO, that will not change.
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