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IBM affirmed its full-year profit outlook on Thursday and forecast growth in its services business in the first quarter, in sharp contrast to many technology companies that have scaled back expectations.

Top technology services company IBM affirmed its full-year earnings outlook and said results in January signaled growth in services contract signings in the first quarter, lifting the shares nearly 3 percent. Contract signings for its business services have grown so far this year, IBM said in the filing with the U.S. Securities and Exchange Commission. Recognizing that it is stil...

Top technology services company IBM affirmed its full-year earnings outlook and said results in January signaled growth in services contract signings in the first quarter, lifting the shares nearly 3 percent.

Stocks fell on Wednesday as President Barack Obama's first address to Congress shed little new light on how he plans to stabilize the economy and shore up banks, and gloomy home sales data fed the negative sentiment. Obama said in his speech on Tuesday night the United States would emerge stronger from the ongoing crisis, but investors found little in what he said to spur buying after the market...

Wall Street slumped to a 12-year low on Monday as investors lost faith that the U.S. government will be able to stabilize the financial system. The S&P 500 and the Dow both posted their lowest closes since the spring of 1997 as reports the government may convert its stake in Citigroup into a big common stock holding fell short of what many see as necessary to fix big banks. It is generally...

Wall Street slumped to a 12-year low on Monday as investors lost faith that the U.S. government will be able to stabilize the financial system. The S&P 500 and the Dow both posted their lowest closes since the spring of 1997 as reports the government may convert its stake in Citigroup into a big common stock holding fell short of what many see as necessary to fix big banks. It is generally...

The Dow Jones industrial average fell to an 11-year low on Monday as investors dumped shares on uncertainty about the latest potential U.S. government action to shore up beleaguered banks. Making matters worse, worries about a fall-off in business and consumer spending on technology hurt the biggest names in the tech sector. IBM and Hewlett-Packard were the top drags o...

IBM unveiled Tuesday its cloud computing technology, which stores information and runs applications in shared computing facilities to users over the Internet, and announced the new head of the cloud computing division.

International Business Machines Corp. (IBM) announced software designed for reducing cost.

International Business Machines Corp. (IBM) announced software designed for reducing cost.

IBM has announced a supercomputer with computing power of 2 million laptops, faster-and-speedier than its own supercomputer released just seven months ago.

Kellogg School professors weigh in on the management lessons awaiting President Barack Obama

U.S. stocks climbed on Wednesday after tumbling steeply Tuesday on worries that governments would be forced to take over banks to avoid a financial meltdown.

T3 Technologies Inc will file an antitrust complaint with the European Commission on Tuesday accusing IBM of abusing its power in the mainframe computer industry.

International Business Machines Corp. reported Tuesday a gain of 12 percent on its fourth quarter surpassing forecasts and breaking the trend of dismal results in technology companies hit by the economic crisis.

International Business Machines Corp., the world's third-biggest software maker, will release an online version of its Lotus programs, LotusLive, in an effort to attract new customers.

With the situation in all the sectors worsening the New Year is proving to be no good for neither companies nor employees.

Technology stocks rose slightly on Tuesday on as Hewlett-Packard shares sank after announcing it would acquire EDS and a report that activist investor Car Icahn is mulling a proxy fight for making changes to the board of directors at Yahoo.

Hewlett-Packard's services sales will more than double from fiscal 2007 after its acquisition of EDS with combined yearly revenues of $38 billion, the company said on Monday.

The weak U.S. dollar may help American multinational companies meet profit expectations in the quarters ahead, but the first sign of a reversal could eat away profits at a time when every cent counts...

Technology related stocks rose Friday afternoon while tax-maker Intuit stumbled after reporting a drop in second quarter profit.

Services and software companies IBM (IBM.N: Quote, Profile, Research) and SAP (SAPG.DE: Quote, Profile, Research), longtime technology partners, will bring out their first joint software product in the fourth quarter of this year, the two companies said on Monday.

Sun Microsystems Inc. announced plans on Wednesday to buy MySQL, an open-source database software company for a proposed $1 billion.

International Business Machines Corp. (IBM) posted strong results for its fourth fiscal quarter on Monday, beating analysts expectations on good results from its international divisions and boosting the overall tech sector.

U.S. stocks rallied on Monday after IBM Corp. reported better-than-estimated preliminary fourth quarter earnings, boosting technology shares and pushing the Dow Jones Industrial Average to a gain of more than 100 points. Shares of IBM, the world's biggest computer-services provider, rose the most in five years.

Technology stocks ended lower on Monday as many of the sector's major players tumbled giving the Nasdaq its seventh consecutive day fall, its longest losing streak since June 2006.

China's Lenovo Group Ltd introduced its first consumer computers in the United States on Wednesday, expanding in a region it entered in 2005 with the purchase of IBM's PC business. The unveiling of three new notebook computers with advanced features is part of a broader expansion by Lenovo into the global consumer PC market. The company also plans to sell the new consumer computers in ...

International Business Machines Corp. said on Wednesday it had acquired XIV, a privately held storage technology company based in Tel Aviv. Financial terms were not disclosed.

Toshiba Corp said on Tuesday it would join a group led by International Business Machines Corp to develop system chips using 32-nanometre circuitry, as chip makers increasingly team up to cut development costs.