Big Moving Stock keep track of the biggest moving stocks in the market.
The Hot Industries
Independent Oil & Gas 4
REIT - Retail 2
Oil & Gas Drilling & Exploration 2
The Hot Sectors
Basic Materials 8
IBM International Business Machines Corporation
International Business Machines Corporation provides information technology (IT) products and services worldwide. The companys Global Technology Services segment provides IT infrastructure and business process services, including outsourcing, process, integrated technology, cloud, and technology support. Its Global Business Services segment offers consulting solutions for strategy and transformation, application innovation, enterprise applications, and smarter analytics; and application management, maintenance, and support services. International Business Machines Corporations Software segment offers middleware and operating systems software, such as WebSphere software to integrate and manage business processes; and information management software for database and enterprise content management, information integration, data governance, data warehousing and analytics, business analytics and intelligence, and predictive analytics. This segment also provides Tivoli software for cloud and datacenter management, enterprise endpoint and mobile device management, asset and facilities management, storage management, and security systems; Rational software that supports software development; and Mobile Software for platform and application development, mobile security, and mobile device management. The companys Systems and Technology segment provides computing power and storage solutions; and semiconductor technology, products, and packaging solutions. Its Global Financing segment provides lease and loan financing to end users; commercial financing to dealers and remarketers of IT products; and remanufacturing and remarketing services for equipment. The company was formerly known as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. International Business Machines Corporation was founded in 1910 and is headquartered in Armonk, New York.
Warren Buffett Boosts IBM Stake, Calls Coca-Cola Equity Plan 'Excessive'23 Apr 2014, 2:17 pmNEW YORK (TheStreet) - Warren Buffett told CNBC on Wednesday he has increased his investment in IBM and he abstained from supporting a multi-year compensation plan floated by Coca-Cola in the soda giant's 2013 annual proxy. Buffett said he has increased his investment in IBM to a little over $13 billion, after the IT software and services giant continues to post declining revenue and lackluster ...
IBM's lower buybacks put pressure on revenue21 Apr 2014, 6:00 pmNEW YORK — IBM Corp. is reducing stock buybacks after an $8.2 billion first- quarter splurge, putting more pressure on Chief Executive Officer Ginni Rometty to reignite sales growth or cut costs to hit her profit targets.
IBM CEO Loses Tool to Reach Profit Goals as Buyback Splurge Ends21 Apr 2014, 10:59 amInternational Business Machines Corp. (IBM) is reducing stock buybacks to replenish its cash after an $8.2 billion first-quarter splurge, forcing Chief Executive Officer Ginni Rometty to seek other ways to hit profit targets.
Stock Market News for April 21, 201421 Apr 2014, 7:07 amBenchmarks finished hardly changed on Thursday as investors received mixed corporate results as well as encouraging economic data
Wells Fargo Believes IBM Is A 'Fairly Defensive Stock'17 Apr 2014, 9:23 amAnalyst Maynard Um at Wells Fargo on Thursday, April 17, 2014, released a report International Business Machines (NYSE: IBM ). Shares of the company are down $6.55 or 3.34 percent to 189.76, the company ...
IBM posts lower 1Q earnings amid hardware slump16 Apr 2014, 6:19 pmNEW YORK (AP) — IBM's first-quarter earnings fell and revenue came in below Wall Street's expectations amid an ongoing decline in its hardware business, one that was exacerbated by weaker demand in China and emerging markets.
IBM hammered on earnings slump16 Apr 2014, 3:41 pmIBM reported a 21 percent slump in first quarter earnings Wednesday, as the computer giant saw weaker hardware sales and focused more on services and the Internet "cloud." The results were largely in line with expectations, but in after-hours trade IBM stock slid 4.3 percent to $188. IBM said revenues from hardware sales including its big servers fell 23 percent, and posted an operating loss in ...
IBM15 Apr 2014, 4:41 pmIBM's (IBM) EPS growth will slow through '20 as the company invests in cloud-computing services and corporate spending on IT moderates, Citigroup said in a client note. The bank downgraded IBM stock to ...
Will This New Rating Help IBM (IBM) Stock Today?10 Apr 2014, 7:17 amStory updated at 10 a.m. to reflect market activity. NEW YORK (TheStreet) -- Deutsche Bank initiated its coverage of IBM with a "hold" rating. IBM gained 1% to $198.58 in morning trading. The bank set a $200 price target for the computer company. Analysts Sherri Scribner and Joakim Mahlberg said virtualization continues to change the spending landscape. "We view cost take outs and improving mix ...
Is Intel This Year's IBM?9 Apr 2014, 8:02 amNEW YORK (TheStreet) -- IBM stock was rolling uphill until about a year ago, when it suddenly dawned on the market that much of the company's success was due to financial engineering, and the stock rolled over. Even with recent gains it's one of the dogs of the Dow, down more than 7.0% over the last year. The same thing may now be about to happen with Intel . Tech companies are generally valued ...