International Business Machines Corporation (IBM) - NYSE
  • Jul. 12, 2011, 8:46 AM
    IBM unveils a low-end model for its System z mainframe line. Of particular interest is a new feature allowing the mainframe to integrate workloads on cheaper System x servers using Intel (INTC) and AMD CPUs - this should help IBM compete against server rivals pitching virtualization deployments using VMware's (VMW) software. (PR)
    | Jul. 12, 2011, 8:46 AM
  • Jul. 6, 2011, 1:32 PM
    Kenexa (KNXA +8.5%) shares jump on a report that the developer of human resources software has reached a resolution of a legal dispute with Taleo (TLEO -0.5%), which JMP Securities and Lazard say should add meaningfully to 2011 and 2012 earnings.
    | Jul. 6, 2011, 1:32 PM
  • Jul. 5, 2011, 1:10 PM
    Apple (AAPL +1.6%) is moving up today but appears to be “losing its shine" among top-rated investment advisers, who have been outright negative on the stock since early May, Mark Hulbert finds. The group looks more upbeat about various other tech stocks, including Google (GOOG), Cisco Systems (CSCO) and IBM.
    | Jul. 5, 2011, 1:10 PM | 1 Comment
  • Jul. 2, 2011, 11:37 AM

    Quick take on NetApp and Dell: Dell (DELL) is unlikely to slow down NetApp (NTAP) much, but its storage acquisitions should help it compete against Hewlett-Packard (HPQ) and IBM for bigger IT deals. Moreover, Dell's share losses have much to do with a diminishing reseller agreement with EMC, and could soon reverse.

    | Jul. 2, 2011, 11:37 AM
  • Jun. 30, 2011, 1:05 PM

    Google+ will have a very hard time challenging Facebook, but Google's (GOOG) embedding of Google+ notifications throughout its web empire should lead to plenty of developer and publisher interest. And, along with Google Apps, the product could help Google challenge IBM and Microsoft (MSFT) in the enterprise collaboration space.

    | Jun. 30, 2011, 1:05 PM | 1 Comment
  • Jun. 30, 2011, 10:36 AM

    In spite of Japan's earthquake, Gartner is boosting its 2011 growth forecast for global IT spending to 7.1%, from a prior level of 5.6%. Computer hardware is expected to be the fastest growing segment, delivering 11.7% growth. That should sit well with big-name systems vendors such as Dell (DELL), Hewlett-Packard (HPQ), IBM, and EMC.

    | Jun. 30, 2011, 10:36 AM
  • Jun. 24, 2011, 5:24 PM
    Shares of Kenexa (KNXA) finish -8.2% after a day-long selloff on no news.
    | Jun. 24, 2011, 5:24 PM
  • Jun. 21, 2011, 2:37 PM

    Advanced Micro Devices (AMD +4.8%) jumps as investors react to a report on brightsideofnews.com claiming the company is expected to introduce, as soon as today, a new CEO from IBM. AMD has been without a permanent CEO since January, when its previous leader was forced out.

    | Jun. 21, 2011, 2:37 PM
  • Jun. 20, 2011, 11:45 AM
    The flip side of the "short tech" thesis is the argument that techs overall are still cheap - and the three cheapest according to PEG ratio: of course, Google (GOOG), Apple (AAPL) and IBM. (The same numbers argue against picking up Amazon (AMZN), Cisco Systems (CSCO) and Netflix (NFLX)).
    | Jun. 20, 2011, 11:45 AM | 2 Comments
  • Jun. 15, 2011, 3:12 PM
    Storage is one of the most attractive segments in IT hardware, Credit Suisse says, boasting sustainable margins and growth driven by virtualization and an increase in unstructured data such as music files. NetApp (NTAP +1.5%) and EMC (EMC -2.3%) are "unchallenged" as "pure plays" in the space, the report says, and will gain share vs. IBM, DELL and HPQ.
    | Jun. 15, 2011, 3:12 PM
  • Jun. 1, 2011, 9:55 AM
    Lenovo (LNVGY.PK), the Chinese computer maker that took over IBM’s PC division six years ago, says it plans to acquire German consumer electronics manufacturer Medion in a deal valuing the company at ~$900M. The deal would double Lenovo's market share in Germany and give it a ~7.5% share in the western European PC market.
    | Jun. 1, 2011, 9:55 AM
  • May 27, 2011, 2:37 PM

    If investors are irrationally overvaluing hot young web startups, they may be irrationally undervaluing aging tech giants. Big techs may be uncool, but many shouldn't be; IBM and HPQ, for example, project profits to grow 11% a year through 2014, and even MSFT is adapting to the post-PC age. At some point, "investing in big tech will seem like a good idea in practice, and not just in theory."

    | May 27, 2011, 2:37 PM
  • May 26, 2011, 12:17 PM
    Server shipments rose in the first quarter 8.5% Y/Y and revenue grew 17%, Gartner reports, with shipments up in every region except Japan. Sales increases for market leaders: H-P (HPQ) up 13%; IBM up 23%; DELL up 13%.
    | May 26, 2011, 12:17 PM
  • May 9, 2011, 8:12 AM

    Apple (AAPL) takes the top slot as the world's most valuable brand, according to an annual study, bumping Google (GOOG) to No. 2. Apple's brand surged 84% this past year to $153.3B, Google slipped 2% to $111.5B, and IBM (IBM) took third, +17% to $100.8B.

    | May 9, 2011, 8:12 AM
  • Apr. 26, 2011, 2:23 PM

    IBM (IBM +0.7%) raises its quarterly dividend by 15% to $0.75/share and authorizes $8B in additional funds for its stock repurchase program. IBM still has about $4.7B remaining from its existing plan, bringing the total for its buyback program to ~$12.7B. (PR)

    | Apr. 26, 2011, 2:23 PM
  • Apr. 20, 2011, 9:54 AM

    Tech stocks are off to the races, as strong earnings and guidance from Intel (INTC +5.5%), VMware (VWM +10.4%) and Yahoo (YHOO +5%) lift the entire sector: STM +5.7%, ALU +4.9%, AMAT +4.3%, AMD +3%, KLAC +5.1%, ARMH +4%, EMC +1.2%. However, JNPR -4.4%, CREE -4.3%; IBM -1.8% and dampening the Dow, despite reporting an upside quarter and guidance.

    | Apr. 20, 2011, 9:54 AM
Company Description
International Business Machines Corp. is an information technology company, which provides integrated solutions that leverage information technology and knowledge of business processes. The company operates its business through five segments: Global Technology Services, Global Business Services,... More
Sector: Technology
Industry: Diversified Computer Systems
Country: United States