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IBM is headed higher?

IBM Stock ChartSimilar Stocks: SAP MSFT ORCL HPQ VMW CSCO ETSZ


IBM
Analyze

Sector:

Technology
Daily

Industry:

Information Technology Services
Weekly

Employees:

431,212
Monthly

Website:

http://www.ibm.com

IBM International Business Machines Corporation

International Business Machines Corporation provides information technology (IT) products and services worldwide. The company’s 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 Corporation’s 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 company’s 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.

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IBM says magazine report predicting 100,000 layoffs is 'ridiculous,' 'baseless'

26 Jan 2015, 3:06 pmSAN FRANCISCO - Calling it "ridiculous" and "baseless," IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people.
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IBM "flatly denies" report of mass layoffs

26 Jan 2015, 3:04 pmCalling it "ridiculous" and "baseless," IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people. The company "flatly ...
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IBM denies reports of layoff of 100,000 staff

26 Jan 2015, 11:12 amCalling it "ridiculous" and "baseless," IBM on Monday dismissed a report that said the technology giant plans to lay off 1 in 4 of its workers, or 100,000 people.The company "flatly denies" the Forbes report, IBM spokesman Ian Colley...
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Will IBM Stock be Impacted Today After Refuting Massive Layoff Claim

26 Jan 2015, 10:29 amNEW YORK (TheStreet) -- Shares of IBM Corp. are up by 0.66% to $156.90 in early afternoon trading on Monday, after the company commented on claims made in a Forbes article published on Thursday that suggested the tech giant was on the verge of a massive employee layoff. Forbes suggested IBM had a plan to eliminate 26% of its workforce, the largest such employee reduction in the company's history ...
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Sources Say IBM Planning On Laying Off 12,000 Over Next Year

26 Jan 2015, 10:02 am Rumors have been swirling — and IBM’s stock has been rising — on reports that the company is planning a huge round of layoffs of up to 26% of its workforce, or 118,000 people. TechCrunch has been digging and has found out from two separate sources that there will in fact be job cuts, but not anywhere close to this magnitude. Multiple sources tell TechCrunch the 118,000… Read More
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Why IBM Is Now An Undervalued Long-Term Investment Play

26 Jan 2015, 6:03 amOur current model reflects that IBM's sales and operating profit cycles bottomed in the fourth quarter of 2014.
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IBM's stock gains amid reports that a massive layoff is coming

26 Jan 2015, 5:46 amNEW YORK (MarketWatch) -- Shares of IBM Corp. are rising 1.2% in premarket trade Monday, on the heels of reports that the technology giant is prepping for a reorganization that will lead to the largest corporate layoff in history. Reports from multiple sources suggest Big Blue will will slash its global workforce by 26%, which would represent about 112,000 of the approximately 431,000 people IBM ...
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IBM’s Big Blues: How to Save an Iconic American Company

26 Jan 2015, 4:15 amThe company, under CEO Ginni Rometty, is rumored to be planning the biggest shakeup in its history as it tries to find a path toward new growth. In 2004, JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon stunned the technology world when he abruptly canceled the Wall Street bank’s $5 billion contract for IBM to run its computer networks. The company acquired PricewaterhouseCoopers’ consulting group for ...
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IBM profits beat, but shares slip on outlook

20 Jan 2015, 2:14 pmIBM easily beat earnings expectations on Tuesday, but shares fell as the company handed in a disappointing outlook for 2015.
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IBM handily beats earnings estimates; shares jump

20 Jan 2015, 2:06 pmIBM easily beat earnings expectations on Tuesday, but shares fell as the company handed in a disappointing outlook for 2015.