5:40am ET
Technology
IBM’s Earnings: No Bellwether For Tech (ORCL)(MSFT)(CSCO)(INTC)
It would not be a good idea to look at IBM’s (IBM) superior earnings and assume that tech will have had a good third quarter and that the rest of the year…
Companies
/Technology
International Business Machines Corp
$229.55
▼ $8.20 (−3.45%) today
Markets closed · 9:04pm ET
IBM Coverage
Page 1172:59am ET
Media
Media Digest 10/9/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the US Treasury may buy interests in large banks following the model set up by the UK. Reuters reports that IBM’s (IBM) earnings strength helped calm tech investors. Reuters…
10:14am ET
Investing
Ten Things To Do To Save Yourself In a Market Meltdown (AAPL)(GOOG)(SIRI)(MCD)(INTC)
Jim Cramer wants people to sell all of their stocks. Even though the market may keep falling, that might not be a practical solution for everyone. There are several things investors can…
12:23pm ET
Technology
IBM (IBM) Pessimism Overblown
A number of people are trying to convince IBM (IBM) shareholders that the company may miss its quarterly numbers. Not likely. IBM stock was almost $121 on Friday. It trades at $104…
Douglas A. McIntyre 10:49am ET
Technology
Weak Techs Fade As Economy Heads To Toilet (AMD)(JAVA)(EMC)(HPQ)(IBM)(VMW)
Joe Tucci, the CEO of EMC (EMC), has done his best to ruin his company and its spin-out VMWare (VMW). VMWare has the look and feel of a public firm but Tucci…
2:47am ET
Media
Media Digest 9/24/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Warren Buffett invested $5 billion in Goldman Sachs (GS). Reuters says that the Paulson bailout plan is being attacked in Congress. Reuters reports that Japanese banks, in trouble a…
10:31am ET
Economy
A Dozen Companies Which Should Lay-Off 10,000 People This Year
The evidence that sales at many companies are struggling and that employment will suffer are almost everywhere. Recently, a division of GMAC said it would let 5,000 people go. According to MSNBC,…
2:51am ET
Media
Media Digest 8/26/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Singapore sovereign fund Temasek say it sees value in US and UK stocks. Reuters writes that two large bond investors may get involved in raising capital for Fannie Mae…
10:09am ET
Investing
Sun Microsystems (JAVA): A Mistake For Southeastern Asset Management
Somehow the people who run Southeastern Asset Management got it into their heads that Sun Microsystems (JAVA) is a good investment. Southeastern now owns $1 billion of Sun stock. According to the…
11:35am ET
Consumer Electronics
Bracing for H-P Earnings: Did Its Dominance Peak? (HPQ, EDS, IBM, DELL)
Traders and investors alike are braced for the long awaited earnings out of Hewlett-Packard Co. (NYSE: HPQ) after today’s close. First Call has estimates at $0.83 EPS on $27.41 Billion in revenues. …
10:32am ET
Banking, finance, and taxes
Carlyle Chairman Retires (IBM)
Private equity giant The Carlyle Group has announced that Lou Gerstner will retire as Chairman of Carlyle and will become a senior advisor to its buyout funds in the U.S., Europe, and…
Douglas A. McIntyre 6:48am ET
Investing
Analyst Downgrades 8/8/2008
Ambac Financial (ABK) Cut To Underweight at JPMorgan. Ann Talor (AMM) Cut to Market Perform at FBR Bank of America (BAC) Cut to Neutral at UBS FEMSA (FMX) Cut to Equal Weight…
7:10am ET
Investing
Sun Microsystems (JAVA) Continues To Float Down
Sun Microsystems (JAVA) announced a $1 billion share buy-back. It was not much of a beard to put on its particularly poor earnings.
2:50am ET
Media
Media Digest 8/1/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, GM (GM) is expected to post a huge loss. Reuters reports that oil company profits rose, but Exxon (XOM) missed its numbers. Reuters reported that stressed banks borrowed a…
4:44am ET
Apps & Software
In Blow To Global Software Industry, VMWare (VMW) Stumbles
VMWare (VMW) was the hot IPO of 2007. Its shares rose from $50 to $125 almost overnight. The run-up improved the fortunes of the stockholders of its majority shareholder EMC (EMC) and…