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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.
Dow 30 Stock Roundup: Boeing, Caterpillar Beat, IBM Misses - Analyst Blog24 Oct 2014, 11:49 amDow 30 Stock Roundup: Boeing, Caterpillar Beat, IBM Misses - Analyst Blog
Dow 30 Stock Roundup: Boeing, Caterpillar Beat, IBM Misses24 Oct 2014, 10:30 amThe Dow experienced a largely positive week, buoyed by bullish earnings results.
IBM Stock Plays Catch-Up to Wall Street: Chart of the Day24 Oct 2014, 6:38 amThis week, shareholders are playing catch-up. Chief Executive Officer Ginni Rometty had to give up on a long-held profit goal for next year, after disappointing demand for software and services led to a 10th straight quarter of declining revenue.
The IBM view: a dinosaur that’s plodding along22 Oct 2014, 1:11 pmTech giant seen as barely able to make the moves it may need to remain relevant.
Mark Cuban Slams IBM: It’s ‘No Longer A Tech Company. They Have No Vision.’22 Oct 2014, 1:08 pmSteve Jennings/Getty Images Mark Cuban Three days after IBM reported yet another disappointing quarter, its stock is still in a downward spiral, and people are piling on to criticize the company. That’s because this was 10 quarters in a row of declining revenue, with every business unit shrinking. Outspoken billionaire investor Mark Cuban told CNBC on Wednesday that he would “absolutely not ...
IBM Shares Continue Slump After Weak Earnings Report21 Oct 2014, 11:10 amIBM stock is down again today following its weak earnings report on Monday.
IBM stock falls as company drops chip business21 Oct 2014, 5:18 amIBM's stock price is on the decline, after the company agreed to pay GlobalFoundries $1.5 billion to take on its ailing chipmaking business and abandoned its controversial "2015 Roadmap" to deliver $20 (£12) earnings per share by next year. News of the GlobalFoundries deal arrived on Sunday, via Bloomberg, and IBM CEO Ginni Rommety confirmed the agreement during the company's financial earnings ...
IBM's future: 6 things it needs to thrive20 Oct 2014, 4:59 pmThe GlobalFoundries semiconductor factory deal is only part of the recipe for Big Blue's ongoing survival. Here are a few other things that Armonk needs in order to maintain relevancy for the next decade and beyond.
IBM 3Q disappoints as it sheds 'empty calories'20 Oct 2014, 4:30 pmNEW YORK (AP) — IBM disappointed investors Monday, reporting weak revenue growth again and a big charge to shed its costly chipmaking division as the tech giant tries to steer its business toward cloud computing and social-mobile services. Shares fell more than 7 percent as investors sold off sharply and the stock dragged the Dow 30 into the red.
IBM Stock Plummets as Company Abandons Chip Business20 Oct 2014, 4:02 pmIBM’s stock price is on the decline, after the company agreed to pay GlobalFoundries $1.5 billion to take on its ailing chipmaking business and abandoned its controversial “2015 Roadmap” to deliver $20 earnings per share by next year. News of the GlobalFoundries deal arrived on Sunday, via Bloomberg, and IBM CEO Ginni Rommety confirmed the […] The post IBM Stock Plummets as Company Abandons Chip ...