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International Business Machines Corporation (IBM)

  • Oct. 4, 2010, 2:34 PM
    F5 Networks (FFIV +1.4%) was approached over a year ago about a potential takeover, Reuters reports, and remains a potential target for a number of large tech firms. Mentioned as possible suitors: IBM (IBM -0.6%), Dell (DELL -1.7%), Hewlett-Packard (HPQ -0.7%), Oracle (ORCL -0.4%), Juniper (JNPR +0.5%) and Cisco (CSCO -1.3%).
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  • Sep. 22, 2010, 11:15 AM
    Call options spike on Brocade (BRCD +8%), showing investors getting ready for price upside, on another round of takeover chatter. Who's the subject of the latest storage-buy rumors? IBM (IBM).
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  • Sep. 20, 2010, 3:12 PM
    As Netezza (NZ +15.6%) blows past IBM's (IBM +1.4%) $27/share offer price, speculation swirls around other potential targets in the IT storage sector. Several analysts view Teradata (TDC +7.7%) as a logical target, with Hewlett-Packard (HPQ +1%) and SAP (SAP +0.9%) among the interested parties for Netezza or Teradata.
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  • Sep. 20, 2010, 8:14 AM
    IBM (IBM) says it will acquire data-warehousing firm Netezza (NZ) for about $1.7B ($27/share), a 10% premium to Friday's close. Netezza will expand IBM's business analytics services. NZ +13.6% premarket to $28. (PR)
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  • Sep. 14, 2010, 3:45 PM
    IBM CEO Samuel Palmisano slams Hewlett-Packard's (HPQ) decision to spend heavily to acquire 3Par (PAR) and pay a hefty severance to former CEO Mark Hurd. Palmisano expresses scorn for companies that have slashed investments in core technology, saying H-P "had no choice" in overpaying for 3Par because Hurd had cut all R&D.
  • Sep. 7, 2010, 7:47 AM
    Corporate shake-up #2: Oracle (ORCL) confirms weekend rumors that Mark Hurd, the ousted CEO of H-P (HPQ), will join the company as co-president and a member of the board. Analysts say the move is a coup for Oracle as the company is increasingly coming into competition with firms like H-P and IBM (IBM). Shares +5.5%.
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  • Sep. 1, 2010, 8:40 AM (SLRY) is +43% premarket (on light volume) to $4.11 after Kenexa (KNXA) announced it will acquire the firm for $4.07/share in cash. (PR)
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  • Aug. 27, 2010, 7:23 AM
    Shares of cybersecurity firm ArcSight (ARST) shot up 30% yesterday on reports it was quietly shopping itself to such tech heavyweights as Oracle (ORCL), H-P (HP), IBM (IBM) and EMC Corp. (EMC). A deal could be worth $40/share or more, and could be inked by the beginning of September.
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  • Aug. 25, 2010, 12:15 PM
    After Intel (INTC) and McAfee (MFE), and H-P's (HPQ) pursuit of 3Par (PAR), who's next up in tech's buyout binge? Jeff Reeves figures suitors are Google (GOOG), Cisco Systems (CSCO), Microsoft (MSFT) and IBM - and potential targets include NetApp (NTAP), Juniper Networks (JNPR) and Brocade (BRCD). (previously)
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  • Aug. 23, 2010, 11:12 AM
    As part of a wider look at spending cuts, the Obama administration is reviewing 26 troubled technology projects worth up to $30B, in order to find fixes. OMB officials say the projects are over budget, haven't worked as expected or both; key contractors include AT&T (T), Lockheed Martin (LMT), Accenture (ACN), IBM (IBM) and Oracle (ORCL).
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  • Aug. 19, 2010, 9:36 AM
    Mark Hurd has been humiliated in public, so Doug McIntyre speculates that he will want to be exonerated by turning around another tech titan. The CEO job may be open soon at Dell (DELL) after Michael Dell's stunning vote of no confidence, and McIntyre thinks Hurd's the man - "the most skilled tech CEO since Louis Gerstner took over IBM" in 1993.
  • Aug. 13, 2010, 8:45 AM
    IBM (IBM) to acquire Unica (UNCA +118%) for $480M, or $21/share - a 120% premium to Thursday's close. "Unica will expand IBM's ability to help organizations analyze and predict customer preferences and develop more targeted marketing campaigns," IBM said. Unica's 500 employees will work in IBM's Software Solutions Group. (PR)
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  • Aug. 6, 2010, 9:55 AM
    IBM, Expedia (EXPE), Newell Rubbermaid (NWL) and Xcel Energy (XEL) are among firms which sold bonds with coupons at historic lows this week. “Books have been multiple-times oversubscribed,” an analyst says. “It’s not uncommon to have deals five to eight times covered. Given the depth of demand, this is a very benign environment for spreads.”
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  • Aug. 3, 2010, 4:29 PM
    IBM (IBM -0.3%) raised $1.5B today at the lowest rate on record (3-years at 1%), a clear signal investors remain confident the economy won't slip back into recession. Despite some weak economic data, strong corporate earnings seem to demonstrate companies are successfully remodeling themselves to a low-growth environment.
  • Jul. 26, 2010, 9:05 AM
    The European Commission launches a formal antitrust probe against IBM on suspicion that the company has abused its dominant position in the mainframe computer markets.
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  • Jul. 20, 2010, 9:05 AM
    Premarket gainers: TSTR +22%. MTG +4%.
    Losers: TUP -12%. VTG -8%. RSH -8%. ZION -8%. ATHR -7%. IBM -5%. CRUS -5%. YRCW -4%. NBG -4%.
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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.