Ibm Stories
HP Earnings Beat Estimates; $3.3 Billion Writeoff for TouchPad and webOS
Hewlett-Packard, the world’s largest computer company, reported fourth-quarter earnings that exceeded expectations even as sales of PCs and printers fell. As well, the company wrote off a record $3.3 billion of the failure of its TouchPad in the tablet sector.
Citrix VP Warns Enterprises Ill-Prepared for Mobile Era
Corporate IT managers don’t have clue about their employees’ mobile devices and how they could potentially kidnap proprietary information, Citrix VP Elizabeth Cholawsky told IBTimes.
Buffett in Japan, Spotlight on Investment
Octogenarian billionaire investor Warren Buffett arrived on his first visit to Japan on Monday, fanning speculation about his possible investments in the country's battered stock market.
Insight: Is Ray Lane HP's Agent of Change?
When Ray Lane took over as chairman of Hewlett-Packard Co a year ago, he was looking forward to working with longtime associate Leo Apotheker, who had just been appointed CEO to repair the damage done by the messy departure of Mark Hurd.
HP: Does Whitworth Make a Difference?
Hewlett-Packard, the No. 1 computer services company, has elected Ralph Whitworth, a well-known activist investor to its board, its first election since new CEO Meg Whitworth was elected Sept. 25.
LANDesk Sees Security Threat from Mobile Platforms
LANDesk Software, the venerable desktop management systems developer, is tapping into the burgeoning market of mobile platforms with new security systems.
Apple Elects Levinson as its Second Chairman Post-Jobs
Apple elected Genentech CEO Arthur Levinson as its second Chairman, following the Oct. 5 death of Steve Jobs.
Dell Shares Slip Despite Higher Net on Slowing Sale Fears
Shares of Dell feel 2 percent despite the company's report of higher-tha-expected results.
Dell Profit View Raised by BMO
BMO Capital Markets has raised its profit estimates for Dell Inc. (NASDAQ:DELL), a day after the PC maker reported better-than-expected third-quarter profits.
Dell: Earnings Beat Estimates on Strong Enterprise Sales
Dell, the No. 2 PC maker, reported third-quarter net income rose nine percent, or 49 cents a share, ahead of estimates largely due to stronger sales to enterprise clients.
Pre-Market NASDAQ Movers (NLST, CAST, SPIL, AAPL, MKTAY, CADX, ATVI, AIXG, URBN, LOGI)
The top pre-market NASDAQ Stock Market gainers are: Netlist, ChinaCast Education, Siliconware Precision Industries, Apple, and Makita. The top pre-market NASDAQ Stock Market losers are: Cadence Pharmaceuticals, Activision Blizzard, Aixtron, Urban Outfitters, and Logitech International.
Post-Market NASDAQ Movers (NLST, VNET, CYTX, SWSH, ACXM, SYMC, GURE, URBN, Z, ARRS, TTWO)
The top after-market NASDAQ Stock Market gainers are: Netlist, 21Vianet Group, Cytori Therapeutics, Swisher Hygiene, Acxiom, and Symantec. The top after-market NASDAQ Stock Market losers are: Gulf Resources, Urban Outfitters, Zillow, Arris Group, and Take-Two Interactive Software.
Who's afraid of big tech? Not Buffett, who buys IBM stake
Warren Buffett has always made his distaste for technology investments clear, but on Monday he changed his ways in spectacular fashion.
Dell: Earnings May Hint if PC Giant Moving More Upscale
Shares of Dell, the No. 2 PC maker, rose slightly Monday, ahead of the company’s third-quarter earnings report scheduled for Tuesday. Investors await news on Dell’s moves upscale as well as supply shortages caused by floods in Thailand.
Buffett sheds tech aversion with big IBM investment
Warren Buffett has always made his distaste for technology investments clear, but on Monday he changed his ways in spectacular fashion.
Five Reasons Why Warren Buffett Finally Bought IBM
So now we know one reason why shares of IBM, the No. 2 computer services company rose nearly 13 percent over the past three months: Warren Buffett has been buying.
Buffett Builds $10.7 Billion Stake in IBM
Warren Buffett said his Berkshire Hathaway Inc has accumulated a 5.5 percent stake in IBM, the billionaire investor's biggest bet in the technology field he has historically shunned.
Cloud Computing is Key for Oracle: Analyst
Cloud computing could be key for Oracle's (NASDAQ:ORCL) future and the company's recent acquisition of RightNow implies it is making the right moves in this space.
Buffett builds $10 billion stake in IBM
Berkshire Hathaway has accumulated a 5.5 percent stake in IBM, Warren Buffett said on Monday, his biggest bet on the technology field that he has historically shunned.
Cisco Shares Keep Rising as Chambers Wins Plaudits
Shares of Cisco Systems, the world’s biggest supplier of Internet equipment, kept up their two-day upward spree after the company reported first-quarter results that slightly beat expectations.
IBM Starts Selling Security Software Patch for Smartphones, Tablets
IBM said it will sell a new security software patch to enterprises to ensure mobile devices like smartphones and tablets are secure. The move is part of a new emphasis on computer security.
China's Suning signs deal with IBM for e-commerce
China's Suning Appliance Co Ltd, the country's biggest electronics retailer has signed an agreement with IBM to build a multi-billion e-commerce platform, both companies said in a statement on Friday.
Cisco Systems Shares Soar After Solid Profit Report
Shares of Cisco Systems, the world’s biggest supplier of Internet equipment, soared nearly seven percent Thursday after the company reported first-quarter results that slightly beat expectations.
U.S. Stocks Plunge on Europe’s Debt Woes: What Should Investors Do?
The Dow Jones Industrial Average (DJIA) registered another difficult day Tuesday, plunging 389 points to 11,781 on institutional investor concern that Italy will not be able to service its debt, and that one, and possibly more countries may leave the Eurozone. What's the prudent stance for the typical investor?
Cisco Systems: First-Quarter Results Beat Expectations
Cisco Systems, the world’s biggest supplier of Internet equipment, reported first-quarter results that slightly beat expectations because of new sales to telecommunications carriers.
Tech IPOs: Will Groupon Tempt Facebook, Others Now?
Now that Groupon has finally gone public, raising $700 million through its Nov. 4 IPO, how about some others in the pipeline as well as the king of them all, Facebook?
Cisco Systems: Nervous Investors Await Profit News
Shares of Cisco Systems shares fell 2.6 percent in early Wednesday trading to $17.84 as nervous investors await the first-quarter earnings announcement scheduled after the close.
HP Weighing Sale of WebOS Unit
Hewlett-Packard Co is looking to sell Palm's webOS mobile software platform, a deal that could fetch hundreds of millions of dollars but less than the $1.2 billion that HP paid last year, four sources close to the matter said.
Cisco Systems: Could Profit Pickup Show Doldrums Over?
Shares of Cisco Systems have jumped 20 percent in the past three months, which could be an indicator the No. 1 vendor of Internet networking products has surmounted a rough patch.
The Bank of Technology: Top 10 Leaders have $300 Billion in Cash, Investments
Forget about the quarterly earnings. Just look at what’s in their treasuries. An IBTimes compilation of 10 of the top technology leaders determined they are sitting on a record $301.3 billion in cash and investments.