Ibm Stories
US stocks decline; Cisco shares plunge 16 pct
U.S. stocks declined in early trade on Thursday with tech stocks particularly remaining weak as weaker-than-expected sales and revenue forecast from Cisco Systems weighed on the sentiment.
IBM introduces security initiative for cloud computing
IBM Corp has introduced a new security initiative to make cloud computing safer.
Amidst high unemployment in U.S., guest worker programs under fire
In the current economic malaise of high pervasive unemployment and growing uneasiness over immigration, the H-1B visa program (among others) has come under tremendous criticism.
Mobile, cloud computing to dominate software apps, IT deliveries in next 5 yrs, says survey
Mobile and cloud computing technology will dominate enterprises as these two emerge as the most in-demand platforms for software application development and IT delivery over the next five years, an IBM survey report said.
U.S. prosecutors ask 6 months prison for ex-IBM exec
U.S. prosecutors on Monday recommended a six-month prison term for Robert Moffat, a former IBM executive who pleaded guilty in the Galleon hedge fund insider trading probe.
Dell to buy storage company 3PAR for $1.15 billion
Dell Inc plans to buy data storage company 3PAR Inc for $1.15 billion in cash, expanding its offering of data center products to compete with rivals like IBM.
Supercomputer to be used in Australia to battle glaucoma
The arrival of Victoria's supercomputer at the University of Melbourne marks a significant time for hundreds of thousands of Australian with glaucoma as they get to access a much more accurate data about their worsening sight.
Cisco CEO Chambers stokes fears of downturn 2.0
Cisco Systems Inc CEO John Chambers' comments on the economy sent jitters through financial markets on Thursday, stoking fears that a recovery in technology spending could be waning.
IBM, Oracle end lawsuit over poaching executives
IBM Corp and Oracle Corp have agreed to end a cross-country legal battle over a 31-year IBM veteran that Oracle chief Larry Ellison hired away from his arch-rival in June.
IBM and Aetna tie up to offer clinical support service
IBM and Aetna Inc on Thursday jointly launched a service aimed at helping hospitals improve patient care by making better use of electronic medical records and other digital data.
HP agrees to settle government kickback probe
Hewlett-Packard Co said on Monday it has agreed to settle a U.S. Justice Department probe into an alleged kickback scheme related to government technology contracts.
EU opens anti-trust probe of IBM mainframe
European Union competition regulators launched two anti-trust investigations against International Business Machines Corp, suspecting it of abusing its dominant position in the mainframe computer market.
Corrected: EU opens anti-trust probe of IBM mainframe
(In paragraph 2, deletes Reuters stock code for T3, adds company's full name)
EU opens anti-trust probe of IBM mainframe business
European Union competition regulators launched two anti-trust investigations against International Business Machines Corp, suspecting it of abusing its dominant position in the mainframe computer market.
High hopes for Microsoft, but stock still adrift
Signs point to strong results for Microsoft Corp as companies get around to buying computers after a two-year drought, but its stock may find it tough to gain altitude amid worries about where growth will come from in coming years.
IBM launches faster and more cost-efficient mainframe
IBM on Thursday unveiled a new mainframe computer called zEnterprise, which it said was the most powerful mainframe ever and is more cost-efficient than previous-generation products.
Oil steady near $77.50 as eyes equities, storm and supplies
Oil held steady near $77.50 on Wednesday, as rising stock markets and a forming Atlantic storm countered mixed U.S. inventories and disappointing housing data.
U.S. crude for September, the front month-contract after Tuesday's expiry of August, shed 10 cents to $77.48 a barrel at 12:06 a.m. ET. ICE Brent fell 14 cents to $76.08.
Australian Dollar Outlook 21/7/2010
The Australian Dollar has opened higher after the Reserve Bank of Australia (RBA) said the next rate movement was all but dependent on official inflation data due next week.
Nokia jumps on hopes of CEO change
Shares in Nokia jumped on Tuesday on news that the world's top cellphone maker has sent out headhunters to find a replacement for Chief Executive Olli-Pekka Kallasvuo.
Stock futures lower after IBM earnings
Stock index futures were lower on Tuesday after technology bellwethers International Business Machines and Texas Instruments posted quarterly revenues that fell shy of expectations.
Stock futures drop after IBM earnings
Stock index futures were lower on Tuesday after technology bellwethers International Business Machines and Texas Instruments posted quarterly revenues that fell shy of expectations.
Stock index futures down as Goldman results eyed
Futures for the S&P 500, Dow Jones and Nasdaq were down 0.2 to 0.3 percent at 900 GMT (5 a.m. EDT), pointing to a lower open on Wall Street on Tuesday.
Jewelers pluck gold from near 2-month lows
Gold regained strength on Tuesday as jewelry makers resurfaced after the price dropped to its weakest in nearly two months, while investors looked to movements in other markets for further cues.
A drop in Japanese shares also spurred buying from speculators, who are keeping an eye on U.S. corporate earnings and Federal Reserve Chairman Ben Bernanke's comments on the economy on Wednesday. Silver and palladium firmed, but platinum tracked equities lower.
TI revenue disappoints even as guidance impresses
Texas Instruments said weaker-than-expected orders from one mobile phone customer, identified as Nokia by some analysts, caused second-quarter revenue to miss Wall Street forecasts.
IBM contracts and revenue disappoint
IBM disappointed investors by reporting a decline in new technology services contracts in the second quarter, while a weaker euro hit revenue more than expected, sending its shares down more than 4 percent.
Instant view: IBM and TI's revenues fail to impress
IBM's quarterly revenue missed Wall Street's expectations as a weaker euro hurt overseas sales, although firm growth in the company's higher-margin services and software units bolstered profit.
Instant view: IBM, TI's revenues fail to impress, shares slide
IBM's quarterly revenue missed Wall Street's expectations as a weaker euro hurt overseas sales, although firm growth in the company's higher-margin services and software units bolstered profit.
Instant view: IBM disappoints on revenue, shares slip
IBM's quarterly revenue missed Wall Street's expectations as a weaker euro hurt overseas sales, although firm growth in the company's higher-margin services and software units bolstered profit.
IBM revenue disappoints, shares fall
IBM's quarterly revenue missed Wall Street's expectations and a decline in services contract signings further damaged investors' confidence, sending its shares down 3 percent.
Tech lifts Wall Street, but IBM falls after the bell
Stocks rose on Monday, spurred by optimism ahead of earnings from key technology companies and after Dow component Boeing announced strong orders.