IBM Plunges After Reporting Lowest Revenue In 17 Years, EPS "Beats" On 0.1% Tax Rate

IBM Plunges After Reporting Lowest Q4 Revenue This Century, Slowdown In Cloud And Another Grotesque EPS Fudge There was some hope last year that IBM was finally turning things around: after all, after 5 consecutive quarters of .....»»

Across the developed world, birth rates have fallen to some of their lowest levels since the practice of annual record keeping began. In the US and Japan, according to the Daily Mail, birth r.....»»

After years .....»»

There was some good, but mostly bad news in Deutsche Bank's Q3 earnings report. The good news is that after years of turmoil, the biggest German bank is showing signs of stabilization under new CEO Christian Sewing after a bitter boardroom battle. .....»»

Wells Fargo & Co.’s financial advisers with at least seven years of experience will see their pay rate drop next year if their 12-month revenue falls below $250,000......»»

The adjusted annual rate of new single-family home sales came in at 662,000 in February, marking a 0.3% decline before the prior month, according to the Census Bureau......»»

For years, CEO pay has caused a battle at many companies between board members and shareholders. Board members say chief executive officers are rate commodities, trained for years to run some of........»»

In recent years, the Black homeownership rate fell to the lowest level since the 1960s. Researchers say they have a plan for reversing that trend......»»

The decline in passengers translated to steep drops in the revenue streams that help support airport operations......»»

In just two months, the coronavirus outbreak undid all the economic progress made since the 2008 financial crisis — including the lowest unemployment rate in 50 years. read more.....»»

Wall Street analysts knew first-quarter earnings would be bad this year because of the COVID-19 pandemic, but they’ve been even worse than expected as companies are beating forecasts by the lowest rate in at least 10 years......»»

Nike Inc beat estimates for quarterly revenue on Tuesday as strong digital demand offset the first China sales drop in nearly six years from the coronavirus-fueled shutdowns, but the company held back from providing a forecast due to the outbreak......»»

Nike Inc beat Wall Street estimates for quarterly revenue on Tuesday, powered by demand in North America and Europe that blunted the first drop in China sales in nearly six years due to the coronavirus-fueled shutdowns......»»

U.S. mortgage rates have continued to rise, after hitting their lowest rate in nearly 50 years, according to Freddie Mac. The 30-year fixed mortgage rate averaged 3.65 percent for the week ending March 19 — an increase from last week’s rate of 3.....»»

U.S. mortgage rates ticked up slightly, after hitting their lowest rate in nearly 50 years, according to Freddie Mac. The 30-year fixed mortgage rate averaged 3.36 percent for the week ending March 12 — an increase from last week’s rate of 3.29 p.....»»

U.S. mortgage rates have reached their lowest level in nearly 50 years, according to Freddie Mac. The 30-year fixed mortgage averaged 3.29 percent for the week ending March 5 — a decrease from last week’s rate of 3.45 percent. A year ago, mortg.....»»

John Locher/AP Shake Shack plunged as much as 11% after reporting lower-than-expecte.....»»

U.S. mortgage rates are the lowest they've been in years, according to Freddie Mac. The 30-year fixed mortgage averaged 3.45 percent for the week ending Feb. 6 — a continued drop from last week’s rate of 3.51 percent. A year ago, mortgage rates.....»»

Micro Focus shares dive as chairman steps down after 15 years, with the Newbury, England–based software company suffering a huge drop in profit......»»

The lowest unemployment rate in 50 years still isn’t leading to a big increase in wages and benefits for American workers......»»