- International Business Machines Corporation stock price today and history
Please, Signup (Login) to subscribe or trade (demo)
International Business Machines Corporation stock price
International Business Machines Corporation latest news:
PRESS DIGEST-New York Times business news - Jan 23
The following are the top stories on the New York Times business pages. - U.S. President Donald Trump slapped steep tariffs on imports of washing machines and solar energy cells and panels on Monday, the first major step by the administration to erect the kind of trade barriers Trump has frequently said are necessary to protect manufacturers in the United States. http://nyti.ms/2BjN6nn.
IBM's stock slump is a 40-point drag on the Dow industrials in late-morning trade
The Dow Jones Industrial Average on Friday morning was being dragged lower on the back of a sharp decline in shares of International Business Machines Corp. The Dow component was down 3.6%, or about $6, which translates to a roughly 40-point weight on the blue-chip benchmark. The slide in IBM's shares occurred despite fourth-quarter results that topped Wall Street estimates, and returning to revenue growth. IBM's shares has beaten earnings expectations for 13 straight quarters but its stock has still suffered. A $1 swing in any one of the Dow's components translates to a $6.83-point move in the benchmark. The Dow was most recently down 33 points with the lion's shares of that decline coming from the Armonk, N.Y.-based technology company. The S&P 500 index was up 0.1% at 2,800, while the Nasdaq Composite Index was showing a 0.1% gain at 7,303. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
IBM's post-earnings stock selloff cuts Dow's gain by more than half
Shares of International Business Machines Corp. sank 3.1% in premarket trade Friday, in the wake of fourth-quarter results, which would cut the Dow Jones Industrial Average's gain by more than half. IBM's stock price decline of $5.22 would shave about 36 points off the Dow, while Dow futures were up about 22 points. The stock's pullback comes after it had run up 10% so far in 2018 to close Thursday at a nine-month high. A stock selloff after earnings isn't much of a surprise, as it is on track to suffer the 12th one-day, post-earnings decline in the past 14 quarters. Meanwhile, IBM has beat earnings-per-share expectations for 13-straight quarters.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
IBM returns to growth after six years, but dour forecast hits shares
(Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters, beating analysts' estimates, but the company warned that a higher tax rate this year would eat into its profit.
IBM's first revenue rises in nearly six years tops estimates
(Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters and beat analysts' estimates as the company's shift into its focus areas such as cloud computing and security services gains traction.
IBM's revenue rises for the first time in nearly six years
- International Business Machines Corp's quarterly revenue rose for the first time in nearly six years, largely due to growth in its focus areas such as cloud and security services. IBM's revenue rose 3.6 percent to $22.54 billion in the fourth quarter ended Dec. 31, increasing for the first time in 23 quarters.
IBM's revenue rises for the first time in nearly 6 years
International Business Machines Corp's(IBM) quarterly revenue rose for the first time in nearly six years, largely due to growth in its focus areas such as cloud and security services. IBM's (IBM) revenue rose 3.6 percent to $22.54 billion in the fourth quarter ended Dec. 31, increasing for the first time in 23 quarters.
IBM walks back weekly share gains after results top Street view
International Business Machines Corp. shares fell in the extended session Thursday after the company topped Wall Street estimates following a run-up in shares. IBM shares fell 3.1% to $163.87 after hours, following a 0.3% gain for the regular session and a 3.7% advance for the week. The company reported a fourth-quarter loss of $1.05 billion, or $1.14 a share, compared with net income of $4.5 billion, or $4.72 a share, in the year-ago period. Adjusted earnings were $5.18 a share. Revenue rose to $22.54 billion from $21.77 billion in the year-ago period, snapping a 22-quarter streak of revenue declines. Analysts surveyed by FactSet had estimated adjusted earnings of $5.17 a share on revenue of $22.05 billion.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
IBM heads into earnings on expected revenue gain, analyst optimism
Shares surge 10% in January after 2017' s 8% slide. Software and cloud growth are expected to be key in turning around several quarters of revenue declines at International Business Machines Corp. (IBM) when Big Blue reports results Thursday. IBM (IBM) is scheduled to report fourth-quarter results after the closing bell on Thursday, the first with recently installed Chief Financial Officer James Kavanaugh.
Dow ends above 26,000 for first time as stocks rally broadly
U.S. stocks closed higher on Wednesday, with major indexes ending at records and the Dow closing above 26,000 for the first time as equities jumped in a broad advance. The Dow Jones Industrial Average rose 324 points, or 1.3%, to 26,117. The S&P 500 advanced 26 points, or 0.9%, to 2,803. The Nasdaq Composite Index closed up by 75 points, or 1%, to 7,298. All three closed at records. The day's gains were broad, with all 11 of the S&P 500's primary sectors ending higher, although technology shares were the biggest gainers of the day, up 1.5%. Positive sentiment was supported after the Beige Book from the Federal Reserve portrayed an economy that is steadily growing, although opinion on the latest tax reform was mixed. Among the day's most active movers, both Bank of America and Goldman Sachs fell after reporting their quarterly results. Bank of America lost 0.2% while Goldman lost 1.9%. On the upside, International Business Machines Corp. rose 2.8% after Barclays upgraded the stock to overweight from underweight.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
IBM names James Kavanaugh as CFO, replacing Schroeter
International Business Machines Corp(IBM) said on Thursday Chief Financial Officer Martin Schroeter will move to a new role and will be replaced by company veteran James Kavanaugh, effective Jan. 11. Schroeter, who has been with the company for more than 25 years and has been finance chief for the last four years, will become senior vice president, global markets.
UPDATE 2-IBM to reassign 30 pct of Global Services staff in 2018-The Register
Jan 11 (Reuters) - International Business Machines Corp
plans to reassign up to 30 percent of the 103,000 staff
in its computer service delivery business this year with job
cuts through attrition of around 10,000, technology website The
Register reported on Thursday, citing unnamed company insiders.
BRIEF-Priceline.Com And IBM Settle Patent Lawsuits
International Business Machines Corp(IBM). * PRICELINE.COM AND IBM SETTLE PATENT LAWSUITS. * IBM(IBM) - AS PART OF CONFIDENTIAL SETTLEMENT, PARTIES WILL OBTAIN PATENT CROSS-LICENSES TO EACH COMPANY'S WORLDWIDE PATENT PORTFOLIO Source text for Eikon: Further company coverage:
IBM server responsible for Macy's Black Friday credit card issues, analysts say
Susquehanna Financial Group analysts led by Bill Dreher have come to the conclusion that a problem with International Business Machines Corp. servers caused the credit card problems that Macy's Inc. had on Black Friday. Analysts had a conference call with a credit card processing expert they call Tom P. that led Susquehanna to believe that the servers stopped working for cards that weren't private label. "We believe that it is highly likely that this interruption will have a financial impact on the company's business, but believe that sales could have been running ahead of conservative guidance provided prior to the interruption, preventing a miss but offsetting a gain," analysts wrote. "While the specifics of the impact will not be detailed until post-holiday commentary from the company, we are increasingly confident that the processing issue will be a headwind during FQ4, possibly much worse if it affects core customer goodwill." Macy's said Friday that the problem was "due to a capacity-related issue that caused some transactions to take longer to process." IBM did not comment on the problem by press time. Macy's shares are up 6% in Wednesday trading, but down more then 34% for the year so far. IBM shares are down 8.1% for the year to date. And the S&P 500 index is up 17.3% for 2017 so far.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
International Game TechnologyIGT
International Paper CompanyIP
International Shipholding CorporationISH
International Shipholding CorporationISH^A
International Shipholding CorporationISH^B
Interpublic Group of CompaniesIPG
Interstate Power and Light CompanyIPL^D
InterXion Holding N.V.INXN