Daily Stocks News » IBM

IBM Lifts FY Earnings Guidance, Shares Gain (IBM)

Warren Paige — Thu, 18 Jul 2013 09:03:28 +0000

International Business Machines Corp. (NYSE: IBM) reported late on Wednesday that its fiscal second-quarter net income fell 17% as restructuring expenses (charges related to job cuts) and softness in hardware and software sales put pressure on the bottom line.

“In the first half, we’ve had strength in Latin America and the Middle East and [...]

Major Movers on April 19; RH, VRTX, IBM, ACTG, MSFT, EFII

Warren Paige — Fri, 19 Apr 2013 18:25:02 +0000

Restoration Hardware Holdings Inc. (NYSE: RH) skyrocketed about 20% by midday trading after the home furnisher, late last evening reported very strong fiscal fourth quarter results and provided upbeat guidance on the fiscal first quarter and full-year. The Company reported earnings of 64 cents a share, while analysts’ consensus estimate was for earnings of 60 [...]

Major Gainers and Losers on March 14; SAVE, VHC, DYN, TSLA, IBM, WMT, CVX

Warren Paige — Thu, 14 Mar 2013 20:23:28 +0000

Shares of Spirit Airlines Incorporated (NASDAQ: SAVE), an airline company that provides services principally throughout the domestic U.S., have edged higher in trading today. At last check, SAVE shares were trading 2.89% higher at $24.79 on above average volume of 1.23 million. The stock hit a 52-week high of $25.64 earlier today. In the last [...]

International Business Machines Shares Rise Sharply as Investors Cheer Q4 Results (IBM)

Warren Paige — Wed, 23 Jan 2013 15:31:35 +0000

Shares of International Business Machines Corp. (NYSE: IBM), an information technology company, have risen sharply in early trading today after the company reported strong fourth-quarter financial results.

Ginni Rometty, Chairman, President and CEO of IBM, said that the company achieved record profit, earnings per share and free cash flow in 2012 and its performance [...]

Major Gainers and Losers in Early Trading on October 17; INTC, RLGY, IBM, PEP

Warren Paige — Wed, 17 Oct 2012 14:48:20 +0000

Shares of Intel Corporation (NASDAQ: INTC), a designer and manufacturer of integrated digital technology platforms, are down sharply in trading today. At last check, INTC shares were trading 3.76% lower at $21.51 on volume of 4.62 million. The stock hit a 52-week low of $21.26 in trading today.

INTC shares are falling after the company [...]

Advanced Micro Devices to Launch Energy-Efficient Server Platform (AMD, HPQ, DELL, IBM, INTC)

Warren Paige — Wed, 12 Sep 2012 09:24:44 +0000

In a move to diversify away from stagnating PC market, struggling semiconductor manufacturer, Advanced Micro Devices (NYSE:AMD) announced that it will be lunching energy-efficient server platform focused on vast data and cloud computing—the first major result of its acquisition of SeaMicro.

According to AMD, the latest technology will work with both Intel Corp. (NASDAQ: [...]

IBM to Acquire Kenexa (IBM, KNXA)

Warren Paige — Tue, 28 Aug 2012 08:23:09 +0000

With an aim to expand its reach in online software application segment, tech giant, International Business Machines Corp. (NYSE: IBM) has announced plans to acquire its smaller rival Kenexa Corp. (NYSE: KNXA) in an all cash deal estimated at $1.3 billion, representing a 42% premium over Friday’s closing price of Kenexa’s stock.

Although Kenexa [...]

Berkshire Hathaway Annual Shareholder Meeting to Take Place this Weekend (BRK.A)

Warren Paige — Fri, 04 May 2012 12:59:15 +0000

Berkshire Hathaway (NYSE: BRK.A) shareholders are getting ready for their annual meeting, which will be held in Omaha, Nebraska this weekend. As BRK.A shareholders prepare for their annual pilgrimage, there is likely to be one major question on their mind; the health of Warren Buffett, the Chairman and CEO of Berkshire Hathaway.

Last month, [...]