International Business Machines Corp
NYSE: IBM
$226.99
-$1.84 (-0.8%)
Closing Price on November 27, 2024
IBM Articles
Credit Suisse believes the quality of the latest IBM earnings was again low and the manner in which the company has chosen to manage its business seems unsustainable.
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Apple continues to be the American company with most money parked offshore. The amount has reached $181 billion.
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April 20, 2016: Markets opened slightly higher again Wednesday after an oil field strike in Kuwait ended, pushing oil prices down. Asian markets closed mixed on the day. Equities recovered quickly...
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The top analyst upgrades, downgrades and initiations seen on Wednesday morning include ArcelorMittal, Boeing, Intel, Johnson & Johnson, Schlumberger, Yahoo and Vivint Solar.
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Credit Suisse reiterated an Underperform rating with a price target that implies downside of roughly 24% from the current price level.
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The case for CEO Virginia Rometty's dismissal was bolstered by IBM's recent quarterly results, which took its share price down nearly 5% in after-hours trading Monday.
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IBM posted modest earnings that were in line with the Wall Street consensus, but shares sold off about 5% after hours.
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International Business Machines is expected to report first-quarter results after markets close Monday.
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24/7 Wall St. has put together a preview of some of the top Dow tech and financial companies reporting their quarterly results this week.
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In an effort to find value for investors, 24/7 Wall St. noted several analyst calls seen last week in well-known stocks that stood out above and beyond the rest of the pack.
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Oxfam reports that 50 U.S. companies have $1.3 trillion offshore. It is hard to figure out why it matters to Oxfam, but the data are true nonetheless.
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Credit Suisse's Kulbinder Garcha is telling investors that they better not fall into believing that IBM's recovery is sustainable.
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Merrill Lynch's well-followed RIC Report has reviewed the intersection where technology is changing how health care is being handled.
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In a joint announcement Wednesday morning, IBM and SAP announced plans to create cognitive and cloud-based solutions for the two companies' customers.
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CEO Jeff Bezos says Amazon Web Services has reached the level of the parent company's total revenue 10 years ago, and currently its grows at a rate faster than Amazon's more traditional businesses.
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