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In addition beating FQ2 estimates, IBM is slightly lifting its FY2011 non-GAAP EPS guidance to...

In addition beating FQ2 estimates, IBM is slightly lifting its FY2011 non-GAAP EPS guidance to $13.25 from $13.15. The company's much-watched services division is reporting 10% annual sales growth, compared with 6% in FQ1; and IBM's services backlog stood at $144B as of 6/30, up slightly from $142B as of 3/31. Shares now +2.1% AH. (PR)
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