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Does Warren Buffett See Something In IBM That Others Don't? Bernstein Analyst Illuminates
Thursday, February 26, 2015 - 2:46pm | 481The last year has been great for tech companies when it comes to stock performance. With the NASDAQ returning over 16 percent, several tech companies have seen shares skyrocket. However, International Business Machines Corp. (NYSE: IBM) is an exception. The stock is down more than 10 percent...
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IBM's Report Weighs On The Dow, Apple Helps Boost The Nasdaq, S&P 500 Extends Winning Streak
Monday, October 20, 2014 - 4:57pm | 2950U.S. stocks started the week on a positive note as all three major indices ended the day in positive territory. Dow component IBM reported a disappointing third quarter along with a cautious outlook weighing down the entire Dow index. The Nasdaq benefited from high expectations over Apple's...
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Market Wrap For March 10: Markets Slightly Lower On Chinese Growth Concerns
Monday, March 10, 2014 - 4:56pm | 1832U.S. stocks closed the day slightly lower as investors digested news that China's exports dropped significantly. Philadelphia Fed Chief Charles Plosser said in a speech today that February's harsh winter likely curbed jobs growth in the month. Plosser's remarks echo similar sentiments by other...
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Market Wrap For February 12: Markets Take a Breather, Senate Passes Debt Limit Bill
Wednesday, February 12, 2014 - 5:59pm | 3119U.S. stocks took a breather on Wednesday with major indices little changed after one of the largest four-day bull runs in recent history. The House has authorized a one year extension to the government's borrowing authority until March 16, 2015. The Senate gave the final seal of approval this...
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Top Trending Tickers On StockTwits For January 22
Wednesday, January 22, 2014 - 11:57am | 878Here's a look at the top tickers trending on StockTwits.com: Coach: Iconic brand losing market share This morning Coach (NYSE: COH) released its second quarter results. The company reported an EPS of $1.06, missing the consensus estimate of $.11. Revenue declined 5.3 percent year over year at...
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IBM Falls Slightly After Q4 Earnings
Tuesday, January 21, 2014 - 5:30pm | 275IBM (NYSE: IBM) is down less than one percent in after hours trading after the company announced its fourth quarter earnings results. The company reported a Q4 EPS of $6.13 versus the Street estimate of $5.99. Earnings per share were up 14 percent from the year-ago period. Revenue arrived at $27...
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IBM's Watson Coming to Smartphones Soon (IBM)
Tuesday, October 22, 2013 - 9:10am | 622What if you could speak into your smartphone, describing your symptoms when you felt ill, and receive an accurate medical diagnosis that could help you decide whether what you had was as serious as a heart attack or more likely just heartburn? What if you could take a picture of a used car you...
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IBM Wants to 'Watsonize' the World (IBM)
Friday, October 4, 2013 - 1:22pm | 623Imagine a supercomputer so powerful it could absorb millions of bits of data including complete patient records, drug interactions, and past results. Imagine this machine, which understands natural language, could then generate hypotheses based on the data it had assimilated and that in fractions...
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IBM Q2 Profit Falls; Company Raises Full-Year Outlook (IBM)
Wednesday, July 17, 2013 - 5:39pm | 298IBM (NYSE: IBM) released its fiscal second-quarter earnings results after the closing bell on Wednesday. The company reported earnings per share that were ahead of Wall Street estimates, but revenue missed expectations. Despite reporting lower earnings and revenue in the most recent quarter, IBM...