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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.
IBM Said to Reject Globalfoundries Offer for Chip Unit25 Jul 2014, 12:49 pmInternational Business Machines Corp.’s talks to sell its money-losing chip-manufacturing operations to Globalfoundries Inc. have ended after the two companies failed to agree on terms, according to people familiar with the process.
The Fed suckered IBM into a failing cloud strategy?25 Jul 2014, 7:56 amEconomist David Stockman, who is probably best known for being President Reagan’s budget director back in the era of voodoo economics, has been particularly outspoken about IBM as a poster child for bad policy on the part of the US Federal Reserve. How this would be isn’t immediately obvious but I think is worth exploring because IBM is far from the only company so afflicted. There’s an ...
Facebook stock soars, as company briefly passes IBM in market value24 Jul 2014, 6:25 pmFacebook's one-day stock surge also added about $1.6 billion to the personal wealth of founder and CEO Mark Zuckerberg, whose company holdings are now worth more than $33 billion.
IBM Shares Grow Scarcer as Buybacks Bring Count Below 1 Billion17 Jul 2014, 10:01 pmIBM shares are getting scarcer as the company acquires its outstanding stock, making each share of the company more valuable. The company, led by Chief Executive Officer Ginni Rometty, spent $3.7 billion on buybacks in the three months starting in April.
IBM Stock Buybacks Reduce Share Count Below 1 Billion17 Jul 2014, 4:44 pmIBM shares are getting scarcer as the company acquires its outstanding stock, making each share of the company more valuable.
Druckenmiller: IBM isn't really growing17 Jul 2014, 12:22 pmStan Druckenmiller said IBM's recent stock buybacks represent what's wrong with the economic recovery.
Druckenmiller: IBM 'poster child' of bad growth17 Jul 2014, 12:21 pmStan Druckenmiller said IBM's recent stock buybacks represent what's wrong with the economic recovery.
Apple-IBM deal dents BlackBerry's prospects, slams stock16 Jul 2014, 12:05 pmBy Euan Rocha TORONTO (Reuters) - BlackBerry Ltd's shares took a beating on Wednesday after IBM Corp outlined plans to partner with Apple Inc to sell iPhones and iPads loaded with applications for business users. The Apple-IBM tie up, beginning this fall, is set to target the customer base that BlackBerry needs to woo as part of a turnaround under new Chief Executive Officer John Chen. "It is ...
Apple-IBM partnership smacks BlackBerry stock16 Jul 2014, 9:04 amBlackBerry's shares took a hit after IBM said it planned to partner with Apple to sell devices loaded with business applications.
Must-know: Does IBM as a stock hold promise for investors?15 Jul 2014, 11:00 amAdhering to its "2015 Roadmap," IBM has shifted its focus from low margin businesses to high margin businesses.