International Business Machines Corp
NYSE: IBM
$227.80
+$1.67 (+0.7%)
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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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