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International Business Machines Corporation (IBM)

  • Dec. 28, 2010, 2:36 PM
    While Computer Science Corp's (CSC) sales and earnings were stuck in 2010, there is "future potential," says Trade Radar Operator. While it faces a downturn in government spend, CSC may offset that with initiatives in cloud computing, health care billing and records systems, and cyber-security.
    | Dec. 28, 2010, 2:36 PM | Comment!
  • Dec. 28, 2010, 11:11 AM
    Apple (AAPL +0.4%) tops its 52-week high of $325.72/share, and may even hit a $300B valuation. No suprise: Apple is a unique high tech giant that can "generate consistent high growth, strong profits and a steady stream of must-have new products." Some think it will top Exxon (XOM) as most valuable U.S. firm.
    | Dec. 28, 2010, 11:11 AM | Comment!
  • Dec. 28, 2010, 10:39 AM
    Sales of external storage devices will rise 14% for Q4 2010 from Q4 2009, with growth exceeding 10% in 2011, says Barclays Capital. A survey of 20 storage resellers reinforces this thesis. Most of the resellers also say both NetApp (NTAP -0.7%) and EMC (EMC -0.2%) sales are in line for Q4.
    | Dec. 28, 2010, 10:39 AM | Comment!
  • Dec. 28, 2010, 9:29 AM
    After big vendors spent some $10B on data storage and warehousing companies, there are 5 other technology sectors ripe for mergers, says GigaOm. Acquisition candidates include companies that offer data center networking gear, cloud platforms and gateways, big data solutions, and virtual desktop infrastructure.
    | Dec. 28, 2010, 9:29 AM | Comment!
  • Dec. 28, 2010, 8:21 AM
    NASA awards Hewlett-Packard (HPQ) a $2.5B IT products and services contract that will run from 4 to 10 years. Ousting incumbent Lockheed Martin (LMT), H-P will support the agency's core business, scientific, and research functions. Premarket, H-P is +0.4%.
    | Dec. 28, 2010, 8:21 AM | Comment!
  • Dec. 27, 2010, 3:57 PM
    IBM (IBM -0.2%) is developing a public information management center for Rio de Janeiro that integrates information from various city departments. The project will also include a weather forecasting and hydrological modeling system. Cities are a key part of IBM's expansion strategy. (PR)
    | Dec. 27, 2010, 3:57 PM | Comment!
  • Dec. 27, 2010, 10:05 AM
    The IT sector will rise in 2011, along with the overall economy, says an optimistic John Dorfman. One promising company is disk driver maker Western Digital (WDC -0.8%), undervalued at 6 times earnings. So is Intel (INTC -0.7%), which this year saw 9 company insiders buy their own shares - a good sign.
    | Dec. 27, 2010, 10:05 AM | Comment!
  • Dec. 23, 2010, 3:46 PM
    With NetApp (NTAP -0.4%) trading near 10-year highs, option traders are "positioning for downside," says optionMonster. NetApp is up more than 60% this year, and close to its 52-week high of $57.96. Thus, the firm "may be reaching the end of its long run and will be ready to pull back soon."
    | Dec. 23, 2010, 3:46 PM | 1 Comment
  • Dec. 23, 2010, 11:08 AM
    With solid growth prospects, a diversity of offerings, a strong international footprint, and a competitive moat, Hewlett-Packard (HPQ +0.8%) is trading at a 'bargain price,' says Tyler McKendry. Much of  this discounting is the result of Mark Hurd's departure - but the dip is unjustified and mostly caused by 'Mr. Market's mood swings.'
    | Dec. 23, 2010, 11:08 AM | 2 Comments
  • Dec. 23, 2010, 10:01 AM
    IBM (IBM +0.1%) says by 2015 mobile phones will project 3-D images - potentially, the fruit of just one of its many ambitious and costly R&D efforts. Doubters should recall in 2007 IBM also made the outlandish prediction that mobile phones would function as wallets, ticket brokers, and banking assistants.
    | Dec. 23, 2010, 10:01 AM | 1 Comment
  • Dec. 22, 2010, 2:55 PM
    Hewlett-Packard (HPQ -0.7%) isn't finished doing deals, says the company's head of networking, Marius Haas. "The big are going to get bigger." He hints the next targets may be in the software arena, and then H-P will move "up the stack."
    | Dec. 22, 2010, 2:55 PM | Comment!
  • Dec. 22, 2010, 1:17 PM
    In a first-of-its-kind deal, IBM (IBM +0.1%) will build a cloud-computing system to assist NATO to quickly gather and analyze data. The system will support NATO military command in Virginia, then possibly deploy out to other divisions. Terms weren't disclosed.
    | Dec. 22, 2010, 1:17 PM | 1 Comment
  • Dec. 20, 2010, 4:40 PM
    An aggressive Hewlett-Packard (HPQ) will offer a 20% discount on some switches to customers who trade in comparable Cisco (CSCO) gear. H-P needs to make its $2.7B 3Com buyout pay, and sees about $9B worth of Cisco hardware it can replace in 2011. H-P closed at -0.1%.
    | Dec. 20, 2010, 4:40 PM | Comment!
  • Dec. 20, 2010, 4:21 PM
    Apparently 'feeling chipper' about Dell's (DELL) future, CEO Michel Dell has bought $100M worth of the firm's shares, according to an SEC filing. Dell and his family now own about 263M shares, worth some $3.6B. Dell closed at -2%.
    | Dec. 20, 2010, 4:21 PM | Comment!
  • Dec. 20, 2010, 9:33 AM
    Intel (INTC) is -0.4% and McAfee (MFE) is -0.1% after sources say European Union antitrust regulators have reservations over Intel's $7.7B McAfee buyout. This could result in a full investigation and delay or block the acquisition.
    | Dec. 20, 2010, 9:33 AM | 1 Comment
  • Dec. 17, 2010, 2:40 PM
    Dell's (DELL +1.9%) offer to buy Compellent (CML -0.2%) at an 18% discount to its prevailing share price was a "rare and surprising" move, says Frank Voisin. But a purchase offer is based on future earnings estimates, and this is Compellent's first year of profitability. Compellent "shareholders should be happy."
    | Dec. 17, 2010, 2:40 PM | Comment!
Company Description
International Business Machines Corp is an Information Technology (IT) company. It creates business value for clients and solves business problems through integrated solutions that leverage information technology & knowledge of business processes.