Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

The Latest Breaking News from International Business Machines Corp

IBM posts highest sales growth in a decade, cuts cash-flow estimate

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 down.

Tribune News Service

Raymond James Downgrades Rating On VMware - Read Why

Raymond James analyst Simon Leopold downgraded VMware, Inc (NYSE:VMW) from Outperform to Market Perform. The re-rating reflects the expiry of the "Go Shop" period with no other bidders. He expects Broadcom Inc (NASDAQ:AVGO) deal to win approval but will take about a year to close. Leopold views Broadcom's bid of $61 billion, or $142.50 per share…

Benzinga

Microsoft Goes Aggressive In Its Protest Against Russia's Ukraine Invasion - Read How

In an email accessed by Bloomberg, Microsoft Corp (NASDAQ:MSFT) disclosed materially scaling down its operations in Russia following the Russian invasion of Ukraine. Microsoft joined the likes of International Business Machines Corp (NYSE:IBM) and Apple Inc (NASDAQ:AAPL), cutting back or exiting the country after the invasion. The scaling down will affect over 400 employees. “As a result…

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Court Orders IBM To Pay $1.6B To BMC In Lawsuit Involving AT&T

A Houston federal judge ordered International Business Machines Corp (NYSE:IBM) to pay $1.6 billion to BMC Software Inc. for swapping in its software while servicing their mutual client, Bloomberg reports. The U.S. District Judge Gray Miller, after a seven-day non-jury trial, rejected IBM’s claim that their mutual client AT&T Inc (NYSE:T), opted to switch software products on…

Benzinga

Microsoft Jumps the Sustainability Tracking Product Bandwagon With Latest Launch

Microsoft Corp (NASDAQ:MSFT) launched a new offering called Microsoft Cloud for Sustainability to improve its carbon footprint. Salesforce, Inc (NYSE:CRM), Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, and International Business Machines Corp (NYSE:IBM) made similar endeavors, the TechCrunch reports. Microsoft's solution looks to use a set of measuring devices to collect the data and exploit Microsoft's cloud-based data collection services to…

Benzinga

Converge Unveils New Services Product For IBM Guardium Insights

Converge Technology Solutions Corp (TSX:CTS) (OTCQX:CTSDF) launched a new services product for International Business Machines Corp (NYSE:IBM) IBM Guardium Insights. Converge Enterprise Cloud for IBM Guardium Insights (CECIGI) is a cloud-agnostic, hosted, and managed solution for data security and compliance. The new offering is featured and available in the IBM product catalog. CECIGI allows clients…

Benzinga

IBM Shares Are Surging: Here's Why

International Business Machines Corp (NYSE: IBM) shares are trading higher Wednesday after the company reported better-than-expected financial results.

Benzinga

Read news from The Economist, FT, and more,
with one subscription

Why IBM Shares Are Trading Higher After Hours

International Business Machines Corp (NYSE: IBM) shares are trading higher in Tuesday's after-hours session after the company announced better-than-expected financial results.

Benzinga

Is IBM Stock 'A Place To Hide' In Volatile Market? PreMarket Prep Crew Talks Big Blue

One former Wall Street darling that has been a serial underperformer during the greatest bull market of all time was the recipient of an upgrade Friday morning. That company is International Business Machines Corp (NYSE: IBM), and it's the PreMarket Prep Stock of the Day.

Benzinga

Here's Why Morgan Stanley Is Bullish On IBM

Morgan Stanley analyst Erik Woodring upgraded the rating on International Business Machines Corp (NYSE:IBM) to Overweight from Equal-weight, with a price target boost to $150 from $147 (16% upside). Woodring saw IBM as a reliable "defensive play" amid more significant risks in the tech sector. IBM will likely outperform in Q1 in a scenario of…

Benzinga

Alibaba Undergoes Aggressive Restructuring At Its Cloud Unit

Alibaba Group Holding Ltd (NYSE:BABA) owned Alibaba Cloud initiated a new round of organizational restructuring, the Pandaily reports. Alibaba Cloud China President Ren Geng resigned for undisclosed reasons. Geng looked to leave as early as 2021 but stayed back. Also Read: Alibaba Looks To Slash Workforce By 30% After Its MMC Division Decides…

Benzinga

Intel Becomes Latest Western Tech Firm to Suspend Business in Russia

US chipmaker Intel Corp said on Tuesday it has suspended business operations in Russia, joining a slew of companies to exit the country following its invasion of Ukraine. The company, which had last month suspended shipments to customers in Russia and Belarus, said it has implemented business continuity measures to…

Asharq Al-Awsat

What's Going On With IBM Stock?

International Business Machines Corp (NYSE: IBM) shares rallied toward the end of March, moving up from around $123 to $130 during the second half of the month. Here's a look at what Intel announced during that time.

Benzinga

Evercore Upgrades Dell, Calls FY23 Outlook Conservative

Evercore ISI analyst Amit Daryanani upgraded the rating on Dell Technologies Inc (NYSE:DELL) to Outperform from In-Line due to several factors, including what he called the company's "very conservative" for its 2023 fiscal year outlook. Daryanani believes Dell will surpass its Q1 FY22 forecasts due to "share gains across [Dell's] PC and infrastructure segments," as…

Benzinga

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

IBM Collaborates With Quebec Government

International Business Machines Corp (NYSE:IBM) collaborated with the Government of Quebec. They look to further establish Quebec as a leading technology hub in the development of quantum computing, artificial intelligence, semiconductors, and high-performance computing through the launch of the Quebec-IBM Discovery Accelerator. The new technology hub focuses on developing new projects, collaborations, and…

Benzinga

IBM Acquired Sentaca For Undisclosed Terms

International Business Machines Corp (NYSE: IBM) acquired&nb

Benzinga

Why IBM Shares Are Rising Today

International Business Machines Corp (NYSE: IBM) is trading higher Tuesday after the company announced better-than-expected fourth-quarter financial results.

Benzinga

Analysts Remain Divided On IBM Post Q4 Results

Analysts have mixed opinions on International Business Machines Corp (NYSE: IBM)

Get all your
news in one place.

100’s of premium titles.
One news app.

Benzinga

Francisco Partners To Buy IBM's Healthcare Data And Analytics Assets For Undisclosed Sum

Francisco Partners agreed to acquire healthcare data and analytics assets from International Business Machines Corp (NYSE:IBM) that are currently part of the Watson Health business. The financial terms of the transaction remain undisclosed. Francisco Partners is a global investment firm specializing in partnering with technology businesses. Related Content: IBM Attempts To Divest Watson Health This…

Benzinga

Twitter Reorganizes Security Team: All You Need To Know

Twitter Inc (NYSE:TWTR) shook up the top ranks of its security team this week with the termination of the head of security and the exit of the chief information security officer, the New York Times reports. Peiter Zatko, the head of security, is no longer at the company. Rinki Sethi, the chief…

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.