International Business Machines Corp. IBM, -2.61% said late Tuesday it will book a charge of about $5.9 billion in the third quarter to offload pension risk. The Armonk, NY-based tech company said in ...
Tag: IBM
IBM to Post $5.9 Billion Pension-Transfer Charge in Third Quarter
(Bloomberg) — International Business Machines Corp. said it would report a $5.9 billion one-time pretax charge in the third quarter as a result of an agreement to offload pension obligations to ...
Top 100 Public Company Crypto Involvement
August 24, 2022, 9:55AM EDT • 2 min read Quick Take 28 out of the top 100 publicly traded firms ranked by Forbes have at least one crypto/blockchain investment since 2021 SoftBank and Samsung have the...
IBM Spinoff Kyndryl Is Betting on Amazon, Microsoft, and Google for Growth
(Bloomberg) — Kyndryl Holdings Inc., the information-technology services company spun off from IBM, is betting that a previously forbidden strategy will help drive growth: helping customers use ...
Royal Investing: 3 High Yield Dividend Aristocrats
Where can you find extremely high-quality dividend stocks with high yields? We like to start hunting the Dividend Aristocrats. This is a group of just 66 stocks in the S&P 500 that have dividend i...
IBM Gets a Quant Downgrade, But Here’s What the Charts Reveal
Shares of IBM (IBM) were downgraded Tuesday by TheStreet’s Quant Ratings service. Let’s check the charts to see if what the technicals say. In the daily bar chart of IBM, below, we can see...
IBM Research Albany Nanotech Center Is A Model To Emulate For CHIPS Act
IBM Research 2016 Albany Site IBM With the passage of the CHIPS+ Act by Congress and its imminent signing by the President of the United States, a lot of attention has been paid to the construction of...
IBM, Boeing, Hasbro, Ford & more
IBM CEO Arvind Krishna appears at a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Check out the companies making headlines i...
IBM, NCR, Cinemark and more
Take a look at some of the biggest movers in the premarket: IBM (IBM) – IBM slid 5.9% in premarket action despite beating top and bottom line estimates for the second quarter. IBM warned of a $3.5 bil...
IBM stock tanks after reporting earnings
International Business Machines (NYSE: IBM) reported quarterly earnings on July 19, garnering attention from market participants. With over 60 companies reporting earnings this week, a common thread o...
IBM Earnings Beat Estimates. The CEO Says Tech Demand Remains Strong.
IBM has restructured to focus on software and services tied to hybrid cloud computing and artificial intelligence. David Paul Morris/Bloomberg Text size IBM kicked off tech earnings season with better...
IBM Posts Highest Sales Growth in a Decade, Cuts Cash-Flow Estimate
(Bloomberg) — International Business Machines Corp. lowered its forecasts for free cash flow this year due to the impact of a strong dollar and the loss of business in Russia, sending the shares...
IBM Stock: What To Expect From Q2 Earnings
IBM (IBM) will kick off earnings season for tech companies when it reports second-quarter results late Monday. IBM stock jumped more than 7% in reaction to its last earnings report. X Other companies ...
Want to Hide Out in Tech? Buy IBM Stock, Morgan Stanley Says.
Text size IBM stock has outperformed the broader market this year. Andreas Arnold/Bloomberg One of the best-performing tech stocks in 2022 has been IBM , as the company continues to show progress on a...
Xerox CEO Visentin Has Died. What It Means for the Company.
Text size John Visentin. Courtesy Xerox Xerox Holdings shares are in the spotlight as investors respond to news that CEO and Vice Chairman John Visentin has died unexpectedly at age 59, a development ...
Only 20% of U.S. workers in office three days or more: IBM CEO
As major American corporations began to welcome workers back in the spring, they were surprised by what they saw: fewer employees than they expected who wanted to return to offices. That was the case ...
IBM Shed Half Its Stake in Kyndryl. The Rest Will Follow Soon.
Text size IBM disclosed that it swapped half of its stake in Kyndryl, about 22.3 million shares, along with $46 million in cash, to Goldman Sachs. Miguel Medina/AFP via Getty Images IBM has swapped ha...
IBM Has to Pay BMC $1.6 Billion for Poaching AT&T Account
(Bloomberg) — International Business Machines Corp. must pay $1.6 billion to BMC Software Inc. for swapping in its own software while servicing their mutual client, a federal judge ruled. Most R...
Apple, IBM, and 14 More Companies That Raised Their Stock Dividends
Text size IBM plans to raise its dividend. Migel Medina/AFP via Getty Images Apple, International Business Machines, and Discover Financial Services were among the large U.S. companies that announced ...
Yes, You Can Get Dividend Yields Around 5%. Here’s How.
If a stock’s yield is around 5%, it could foreshadow a dividend cut or worse. A yield that high, however, doesn’t have to spell doom. Several investors Barron’s spoke to say they can find good opportu...
Due diligence Can Lead Investors to Some Solid Companies With Yields of about 5%.
If a stock’s yield is around 5%, it could foreshadow a dividend cut or worse. A yield that high, however, doesn’t have to spell doom. Several investors Barron’s spoke to say they can find good opportu...
The news coming from this giant volcano is even gloomier than the new forecasts from the IMF and World Bank
Investors love looking at esoteric indicators for clues on how the economy is performing, and therefore how stocks, bonds and other assets will trade. How about looking at carbon dioxide emissions? Th...
Netflix, M&T Bank, Baker Hughes, IBM & more
IBM’s logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading Wednesday/ Netflix — Shares of th...
Jim Cramer: IBM stock is a buy following strong Q1 results
A day after IBM Corp (NYSE: IBM) reported strong results for its fiscal first quarter, CNBC’s Jim Cramer says the stock that’s roughly flat year-to-date is a buy. Cramer is bullish on IBM/...
This veteran money manager has seen it all. And these 19 dividend stocks pass his rigorous quality screen right now.
Lewis Altfest’s time in the finance industry spans seven decades. He has some words of advice for investors who aren’t used to stomach-churning stock-price moves. He founded Altfest Personal Wealth Ma...