International Business News - IBM http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif EMC Corp. said Wednesday its second-quarter profit climbed 13 percent, topping Wall Street's forecasts, as the data storage specialist rang up record sales despite fears that economic uncertainty is tamping down information technology spending. http://www.ibtimes.com/articles/20080723/emc-2q-profit-jumps-13-pct-tops-wall-street-view.htm Wed, 23 Jul 2008 19:10:40 EDT A shareholder group is trying to pressure Electronic Data Systems Corp. into demanding more than the $13.2 billion that Hewlett-Packard Co. has offered for the technology services company. http://www.ibtimes.com/articles/20080722/hp-eds-deal-price-at-issue-in-court-hearing.htm Tue, 22 Jul 2008 10:23:45 EDT Citigroup Inc. said Monday that former International Business Machines Corp. executive Lawrence Ricciardi has been elected to its board of directors. Ricciardi, 67, previously served as senior vice president, general counsel and adviser to the chairman of IBM. His election to the board brings the total number of directors to 15. http://www.ibtimes.com/articles/20080721/citi-names-former-ibm-executive-to-board.htm Mon, 21 Jul 2008 11:01:28 EDT Gibson Guitar Corp. has begun promoting its instruments in the virtual world. The Nashville company is following the trend of other companies such as IBM and Nissan North America, which have set up venues on the Second Life online community for consumers to interact with their products in a virtual 3-D world. http://www.ibtimes.com/articles/20080721/tenn-s-gibson-promotes-guitars-in-virtual-world.htm Mon, 21 Jul 2008 10:43:55 EDT Asian stock markets were mixed Friday as investors weighed lower crude oil prices against worse-than-expected earnings results from some American blue-chip companies. http://www.ibtimes.com/articles/20080718/asia-stocks-mixed-after-us-tech-earnings.htm Fri, 18 Jul 2008 14:28:50 EDT Shares of IBM Corp. edged higher in early Friday trading, after the technology bellwether's second-quarter earnings proved to be a bright spot in an otherwise dreary economic landscape. http://www.ibtimes.com/articles/20080718/ibm-2q-profit-soars-on-services-strength.htm Fri, 18 Jul 2008 09:33:34 EDT Japanese shares fell Friday as sentiment dampened on fresh worries over a slump in the U.S. economy following worse-than-expected earnings results from American high-tech giants. http://www.ibtimes.com/articles/20080718/japanese-shares-fall-on-us-worries.htm Fri, 18 Jul 2008 09:20:07 EDT IBM Corp.'s earnings, used to gauge the health of global technology spending, were a bright spot in an otherwise dreary economic landscape. The Armonk, N.Y.-based company reported Thursday that its profit leaped 22 percent in the second quarter, sailing past Wall Street estimates on the continued strength of its bread-and-butter services division. But continued worries about the health of the broader market tamped down IBM's shares, stunting an expected rally in the stock. http://www.ibtimes.com/articles/20080718/ibm-2q-profit-soars-on-services-strength.htm Fri, 18 Jul 2008 09:06:01 EDT THE PROFIT: IBM Corp.'s second-quarter profit rose 22 percent, easily beating Wall Street's expectations. The Armonk, N.Y.-based company is benefiting from continued strength in its services division despite growing economic worries. http://www.ibtimes.com/articles/20080717/summary-box-ibm-2q-profit-jumps-22-percent.htm Thu, 17 Jul 2008 20:26:02 EDT Among the earnings stories for Thursday, July 17, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080717/earnings-roundup-ibm-jpmorgan.htm Thu, 17 Jul 2008 18:04:12 EDT Among the earnings projection stories for Thursday, July 17, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080717/outlook-roundup-ibm-illinois-tool-works.htm Thu, 17 Jul 2008 18:03:04 EDT IBM Corp. its raising its profit targets for the year--again. The technology company says it should earn $8.75 per share this year, as its international diversity and product mix help it get past troubles in its biggest customer segment, financial services, and broader weakness in the U.S. economy. http://www.ibtimes.com/articles/20080717/ibm-ups-2008-earnings-target-again.htm Thu, 17 Jul 2008 16:26:10 EDT IBM Corp.'s second-quarter profit leaped 22 percent, blowing past Wall Street estimates as the technology company's bread-and-butter services division continued to thrive despite economic malaise in the U.S. http://www.ibtimes.com/articles/20080717/ibm-2q-profit-jumps-22-percent-beats-forecast.htm Thu, 17 Jul 2008 23:19:39 EDT IBM Corp. reports second-quarter financial results on Thursday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20080716/earnings-preview-improved-2q-profits-seen-for-ibm.htm Wed, 16 Jul 2008 20:21:32 EDT IBM Corp. will invest $1.5 billion to promote nanotechnology research and to create and retain jobs in New York, Gov. David Paterson said Tuesday. The state is giving IBM $140 million in economic development grants to support creation of as many as 1,000 new high-tech jobs upstate and to advance IBM's work on nanotechnology computer chips. http://www.ibtimes.com/articles/20080715/ibm-to-invest-1-5-billion-to-expand-ny-operations.htm Tue, 15 Jul 2008 14:38:39 EDT The National Business Aviation Association spent $670,000 in the first quarter to lobby on legislation to reauthorize the Federal Aviation Administration and other issues. http://www.ibtimes.com/articles/20080711/business-aviation-group-spent-670k-to-lobby-in-1q.htm Fri, 11 Jul 2008 17:38:35 EDT An executive who worked at IBM Corp. for nearly a decade pleaded guilty Friday to stealing trade secrets about the company's pricing and trying to pass them off to his superiors at rival Hewlett-Packard Co. when he took a job there. http://www.ibtimes.com/articles/20080711/fmr-hp-exec-pleads-guilty-in-trade-secrets-case.htm Fri, 11 Jul 2008 19:55:01 EDT Microsoft Corp. is strengthening its early-stage push to fend off competition by offering more Internet-based software, a change from its traditional method of selling programs that run on individual desktops or corporate servers. http://www.ibtimes.com/data/articleimgs/87990-microsoft.jpg http://www.ibtimes.com/articles/20080708/microsoft-expands-its-response-hosted-software.htm http://www.ibtimes.com/articles/20080708/microsoft-expands-its-response-hosted-software.htm Tue, 08 Jul 2008 09:40:44 EDT The Dow Jones industrial average ended sharply lower on Monday, with drug maker Merck & Co. posting the largest percentage loss, following an analyst downgrade. http://www.ibtimes.com/articles/20080707/djia-leaders-laggards-mrk-aa.htm Mon, 07 Jul 2008 16:35:29 EDT Computer and peripheral stocks mostly gained Monday, with shares of Apple Inc. rising several days ahead of its planned release an updated, cheaper iPhone that will work over faster wireless networks. http://www.ibtimes.com/articles/20080707/closing-glance-computer-peripheral-stocks.htm Mon, 07 Jul 2008 16:26:15 EDT