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IBM boosts quarterly dividend by a penny, stock gains

International Business Machines Corp. announced Tuesday that it was raising its quarterly dividend to $1.63 a share, which marks an increase of a penny. The dividend will.....»»

Category: topSource: marketwatchApr 28th, 2020

The Ratings Game: IBM says customers are in cash-conservation mode, a foreboding sign for software earnings

If International Business Machine Corp.’s early warnings are any indication, this isn’t likely to be a pretty earnings season for software companies......»»

Category: topSource: marketwatchApr 21st, 2020

Earnings Results: IBM stock slips as software sales slumped in March due to coronavirus

International Business Machines Corp. reveals Monday that revenue returns to a decline in the first quarter amid the spread of COVID-19, even as Red Hat sales boost its cloud business, and said it was pulling its annual forecast for now......»»

Category: topSource: marketwatchApr 20th, 2020

Slack stock soars after report of IBM employee migration

Shares of Slack Technologies Inc. are up 15% in Monday trading after a report indicated that International Business Machines Corp. would be deploying access to the workplace-communications service to its more than 350,000 employee.....»»

Category: topSource: marketwatchFeb 10th, 2020

Unisys"s stock rockets toward best day in nearly 11 years after after detailing use of asset sale proceeds

Shares of Unisys Corp. rocketed 44% toward a 15-month high in active midday trading Thursday, after the information technology company announced a deal to sell its U.S. Federal business for $1.2 billion, to Science Applications International Corp. .....»»

Category: topSource: marketwatchFeb 6th, 2020

IBM stock rallies as Krishna to succeed Rometty as CEO

International Business Machines Corp. shares rally late Thursday after the tech giant announces that Ginny Rometty’s eight-year tenure as president, chief executive and chairman is coming to a close......»»

Category: topSource: marketwatchJan 30th, 2020

IBM stock rallies after earnings show surprise revenue gain

International Business Machines Corp. shares rose in the extended session Tuesday after the technology giant turned in a surprise revenue gain, its first year-over-year sales increase in more than a year......»»

Category: topSource: marketwatchJan 21st, 2020

IBM stock falls as Morgan Stanley downgrades ahead of earnings

Shares of International Business Machines Corp. are off 0.8% in Friday morning trading after Morgan Stanley analyst Katy Huberty downgraded the stock to equal weig.....»»

Category: topSource: marketwatchJan 17th, 2020

IBM stock falls after Evercore downgrade

Shares of International Business Machines Corp. are off 0.5% in premarket trading Monday after Evercore ISI analyst Amit Daryanani downgraded the stock to in-line fr.....»»

Category: topSource: marketwatchJan 13th, 2020

Agree To Buy International Business Machines Corp At $85, Earn 4.1% Using Options

Stock Options Channel.....»»

Category: topSource: redinewsOct 23rd, 2019

IBM stock drops after UBS downgrade

UBS analyst Munjal Shah cut his rating on International Business Machines Corp. shares to neutral from buy on Monday, writing that he believes it will be hard for the company to sustainably reach mid-single-dig.....»»

Category: topSource: marketwatchOct 21st, 2019

IBM"s stock drop a 60-point drag on the Dow

International Business Machines Corp.'s stock tumbled 6.2% in premarket trading, and was the only Dow Jones Industrial Average component trading lower, after the technology giant topped profit expectations but missed on revenue. The stoc.....»»

Category: topSource: marketwatchOct 17th, 2019

Earnings Outlook: IBM earnings: Focus shifts back to legacy revenue as Red Hat settles in

International Business Machines Corp. short-term stock performance will likely depend on the company’s global technology services business even though much attention has been shifted to the recent acquisition of Red Hat Inc......»»

Category: topSource: marketwatchOct 12th, 2019

Earnings Results: IBM stock slips as earnings, cloud revenue beat Street view

International Business Machines Corp. shares give back gains in the extended session Wednesday and slip to a loss after the tech giant top Wall Street earnings estimates for the second quarter......»»

Category: topSource: marketwatchJul 17th, 2019

Kforce sells government solutions business for $115M; 500 employees expected to relocate to D.C. area

Kforce (NASDAQ: KFRC), one of the largest public companies in the Tampa Bay area, has sold its federal government solutions business in a $115 million stock purchase agreement with ManTech International Corp., a Washington-D.C. area advanced techno.....»»

Category: topSource: bizjournalsMar 1st, 2019

IBM"s stock tumbles toward worst post-earnings performance in 5 years

Shares of International Business Machines Corp. tumbled 7.3% in midday trade Wednesday, in the wake of what is shaping up to be the most disappointing earnings report for investors in five years. IBM reported first-quarter earnings .....»»

Category: topSource: marketwatchApr 18th, 2018

IBM"s stock selloff could shave over 60 points off the Dow"s price

Shares of International Business Machines Corp. tumbled 5.7% in premarket trade Wednesday in the wake.....»»

Category: topSource: marketwatchApr 18th, 2018

IBM stock drops as full-year forecast falls short

International Business Machines Corp (IBM.N) reported full-year profit forecast that missed Wall Street expectations, sending the shares of the company down 6 percent in extended trading......»»

Category: topSource: moneycentralApr 17th, 2018

GE’s stock surges into bull-market territory after deal to merge transportation unit with Wabtec

GE shares surge, putting them on track to kick off a new bull market, as investors cheer the industrial conglomerate’s $11.1 billion deal to merge its struggling transportation business with Wabtec Corp......»»

Category: topSource: marketwatchMay 21st, 2018

GE’s stock surges to flight with a new bull market after deal to merge transportation unit with Wabtec

GE shares surge, putting them within earshot of a new bull market, as investors cheer the industrial conglomerate’s $11.1 billion deal to merge its struggling transportation business with Wabtec Corp......»»

Category: topSource: marketwatchMay 21st, 2018