0.13%SPY 128.17 
0.54%WM 4.65 20.10%
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IBM Corp. announced on Friday it signed two deals in Brazil to provide its services in an attempt to extend its market in South America.
| IBM | 129.52 |  -0.48 |
The Brazilian partners are Rede Brasil Sul de Comunicacao, an entertainment company to which IBM will provide a service to manage files and BNDES a financial company that will benefit from data and disaster recovery service from IBM.
Shares of IBM were down 0.50 percent to $127.82 in the closing composite trading of the New York Stock Exchange Friday. Shares were trading at $127.59 late Friday.
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