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Why IBM Shares Are Rising
Monday, January 24, 2022 - 5:26pm | 197IBM Common Stock (NYSE: IBM) shares are trading higher by around 6% at $137.00 in Monday's after-hours session after the company reported better-than-expected fourth-quarter EPS and sales results. IBM reported quarterly earnings of $3.35 per share which beat the analyst...
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Why IBM Shares Are Falling Today
Thursday, October 21, 2021 - 10:14am | 198International Business Machines Corp (NYSE: IBM) is trading lower Thursday after the company announced worse-than-expected third-quarter revenue results. IBM reported quarterly earnings of $2.52 per share, which beat the estimate of $2.50 per share. The company reported quarterly revenue of $...
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Why IBM's Stock Is Trading Higher Today
Tuesday, July 20, 2021 - 8:56am | 205International Business Machines Corp (NYSE: IBM) is trading higher Tuesday morning after the company announced its second-quarter financial results. What Happened: IBM reported quarterly earnings of $2.33 per share, which beat the estimate of $2.29 per share. The company reported quarterly...
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Fintech Focus For April 1, 2021
Wednesday, March 31, 2021 - 5:19pm | 1750Quote To Start The Day: International Business Machines Corp. expects 80% of its employees to work in a hybrid model after the pandemic, a setup that offers flexibility but also poses challenges for community-building and upward mobility for staff in a virtual workspace. The majority of workers...
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IBM's Announces Company-Wide Job Cuts As New CEO Attempts Restructuring
Friday, May 22, 2020 - 5:36am | 348International Business Machines Corporation (NYSE: IBM) is retrenching an undisclosed number of employees under its new Chief Executive Arvind Krishna. Why It Matters The job cuts come amid the ongoing coronavirus pandemic, which has led to a major economic downturn. The new CEO is trying to...
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IBM Is Getting Ready To Fight For A Place In The Cloud Universe
Tuesday, April 7, 2020 - 1:05pm | 831It all started when International Business Machines Corporation (NYSE: IBM) joined forces with the open-source software giant Red Hat. The deal was closed in July 2019, after IBM acquired Red Hat for $34 billion. This deal, one of IBM's biggest acquisitions ever, aimed to help the company...
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IBM Becomes Blockchain's Largest Supporter
Tuesday, February 16, 2016 - 9:13am | 376On Tuesday, International Business Machines Corp. (NYSE: IBM) confirmed its support for blockchain by announcing plans to create a new standard for blockchain software, according to the Wall Street Journal. The company is working on several initiatives that will help propel blockchain forward in...