Ibm Stories
Tech distributors look forward to late 2009 bounce
Electronics distributors from Ingram Micro to Avnet could report disappointing quarterly results as pricing pressure intensified, but analysts were cautiously hopeful that profits would rebound by year's end as corporate spending returns.
CORRECTED: Tech distributors look forward to late 2009 bounce
(Corrects 5th paragraph from the bottom to weak from money-losing, to show IBM's hardware division still profitable)
IBM announces Brocade, Cisco, and Juniper OEM Deals
Working together to Support Increasingly Interconnected IT Infrastructures, the top networking technology Companies entered into an agreement deals. IBM announced the agreement of reseller and original equipment manufacturing (OEM) of switches and routers which will benefit all the Companies creating good relationship among them.
IBM boosts Juniper pact, plays down Cisco rivalry
IBM on Wednesday announced it was stepping up its partnership with Juniper Networks Inc, but said it was also boosting ties with other equipment vendors including Cisco Systems Inc, playing down suggestions it was aiming to keep an increasingly competitive Cisco at bay.
India becomes R&D hot spot as high-tech firms cut costs
At Microsoft's research center in a leafy lane in India's tech capital, a new generation of researchers are being groomed half a world away from the software giant's sprawling headquarters in Seattle.
PREVIEW-Microsoft deal talk, optimism overshadow results
Microsoft Corp will likely report the first annual sales dip in its history as a public company, but investors are looking beyond that for upbeat comments on Windows 7, signs of a tech sector recovery, and even a deal with Yahoo Inc to challenge Google Inc.
Microsoft deal talk, optimism overshadow results
Microsoft Corp will likely report the first annual sales dip in its history as a public company, but investors are looking beyond that for upbeat comments on Windows 7, signs of a tech sector recovery, and even a deal with Yahoo Inc to challenge Google Inc.
Wall St scores best week in 4 months with IBM's help
U.S. stocks closed out their best week in four months on Friday on a flat note as strong earnings from IBM softened the blow of disappointing results from General Electric Co .
IBM helps Wall St score best week in four months
U.S. stocks closed out their best week in four months on Friday on a flat note as strong earnings from IBM softened the blow of disappointing results from General Electric Co .
Dow, Nasdaq end up, but S&P dips
U.S. stocks ended mixed on Friday, with the Dow and Nasdaq up and the S&P 500 down. Upbeat earnings results from IBM offset disappointing numbers from General Electric Co .
Wall Street flat as IBM offsets GE, Bank of America
Stocks were little changed on Friday, as stronger quarterly earnings from IBM Corp offset disappointing results from bellwether companies like General Electric Co and Bank of America Corp
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U.S. banks take center stage, economic picture mixed
U.S. banks, at the center of the world's financial crisis, will command investor focus on Friday with Bank of America and Citigroup results following strong showings from their peers.
U.S. banks take centre stage, economic picture mixed
U.S. banks, at the center of the world's financial crisis, will command investor focus on Friday with Bank of America and Citigroup results following strong showings from their peers.
Eyes on U.S. banks as earnings boost recovery hopes
Investors were looking to Bank of America and Citigroup for a fresh dose of earnings optimism on Friday, after strong reports from JPMorgan Chase and IBM raised hopes for a global recovery.
IBM hikes full-year outlook, shares shine
IBM sharply raised its full-year earnings forecast as it benefits from focusing more on higher-margin businesses in software and services, sending its shares up as much as 3 percent.
IBM hikes full-year outlook, shares rise
IBM surprised markets by sharply raising its full-year earnings forecast as its growing software and services businesses boosted profit margins, lifting its shares in after-hours trade.
Daily Wrap Up - July 16
JPMorgan Powers Ahead, CIT Plummets, Cap and Trade and Jobs
Daily Wrap up July 16 - Tech
Google Inc.'s second-quarter earnings were up 19 percent, but revenue slowed as advertising sales were down from the previous quarter. The search engine giant posted a profit of $1.48 billion, or $4.66 a share, compared with $1.25 billion, or $3.92 a share, in the same quarter last year.
IBM hikes full-year outlook, shares jump
IBM reported a 13 percent slide in revenue as corporate spending fell, but cost cuts and a shift to more profitable businesses helped it trump earnings expectations, and the company raised its profit outlook for the full year.
IBM raises full-year outlook despite lower revenue
IBM reported a 13 percent fall in revenue amid a decline in corporate spending, but cost cuts and a shift to more profitable businesses helped it achieve higher-than-expected earnings, and the company raised its outlook for the full year.
Wall St gains on tech shares as IBM results awaited
U.S. stocks rose on Thursday, as investors anticipated another round of strong corporate earnings, sending technology shares higher ahead of quarterly results from IBM.
IBM shares jump ahead of results, focus on outlook
Shares in IBM rose 2.5 percent in afternoon trade, leading the market higher ahead of the company's quarterly results, as investors bet on the possibility of an improved full-year forecast.
Stock futures point to lower start on Wall St
U.S. stock index futures pointed to a lower start on Wall Street Thursday, ahead of second-quarter numbers from JPMorgan, Google and IBM.
Rally stalls as caution builds ahead of results
World stocks hovered around flat on Thursday despite strong Chinese growth data that provided reassurance on the global economy as investors braced for the spate of U.S. and European corporate results due this week.
Intel trumps forecasts, bodes well for PC sector
Intel Corp's quarterly results and outlook blew past Wall Street forecasts on better-than-expected consumer demand for PCs, especially in Asia, setting an auspicious tone for the technology sector.
Sun Micro sees weaker than expected revenue
Sun Microsystems Inc , the computer server maker being acquired by Oracle Corp , issued a revenue forecast that fell short of Wall Street estimates.
Sun sees weaker than expected revenue, net loss
Sun Microsystems Inc, the computer server maker being acquired by Oracle Corp, issued a revenue forecast that fell short of Wall Street estimates.
Daily Outlook - July 14 - Tech
Google reports earning reasults on Thursday after the closing bell. Analysts expect $5.06 a share in profit, up from $4.63 last year.
Mosaid sues IBM for patent infringement
Patent licensing firm Mosaid Technologies Inc said on Monday it was taking IBM to court for allegedly infringing on six of Mosaid's U.S. patents.
Futures up on analyst's bullish comment on banks
U.S. stocks were set to open higher on Monday after influential bank analyst Meredith Whitney upgraded Goldman Sachs Group shares and gave bullish comments on financial stocks, sparking hopes corporate quarterly results may be surprisingly strong.