4:17am ET
Media
Media Digest 11/15/2007
According to Reuters, Barclays (BCS) took a $2.7 billion write-down due to exposure to subprime markets. Reuters writes that IBM (IBM) will push into the business of running huge data centers for…
Companies
/Technology
International Business Machines Corp
$225.51
▼ $1.55 (−0.68%) today
Markets closed · 1:09pm ET
IBM Coverage
Page 1227:44am ET
Investing
IBM Pays $5 Billion for Cognos (COGN)
IBM (IBM) said today that it was buying business intelligence company Cognos (COGN) for about $5 billion. The move takes IBM deeper into the software business and moves it away from its…
Douglas A. McIntyre 6:55am ET
Apps & Software
Virtual Iron CEO Calls VMware Dominance Bad For All In I.T. (VMW, EMC, CTXS, SAP, GS, MSFT, DELL, HPQ, IBM, INTC, AMD, SYMC, SUNW)… 24/7 Wall St. Exclusive
The CEO of Virtual Iron, Ed Walsh, spoke exclusively to 24/7 Wall St. partners in two separate interviews. Virtual Iron is the virtualization company owned in part and backed by Goldman Sachs…
4:57am ET
Consumer Electronics
Are Lenovo’s Results Good For Dell (DELL). No.
PC-maker Lenovo, which bought the IBM (IBM) personal computer business, had the kind of break-out quarter that tech companies seem to be racking up with regularity now. For the three months ended…
5:54pm ET
Technology
Sun Micro (JAVA) In The Shadows: Selected Stocks Under $10
Share in Sun Microsystems (JAVA) have been drifting. Their performance for the last three months looks like larger proxies for big tech, Hewlett Packard (HPQ), Dell (DELL), and IBM (IBM). All four…
3:16am ET
Media
Media Digest 11/1/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, US car sales are expected to have fallen in October. Reuters writes that China has approved the trading of stock futures. Reuters reports that Google (GOOG) is in talks…
12:48pm ET
Investing
Chinese Companies Seize Top Of List Of Most Valuable Global Companies (PTR)(CHL)(LFC)
The New York Times was good enough to run a list of the world’s 20 most valuable companies ranked by market cap in 1989, 1999, and 2007. Japan owned the list in…
7:57am ET
Economy
DJIA Components 20 Years After The Crash (MO, GM, IBM, MCD, MRK, MMM, PG, UTX) Part 2
Astoday is the 20th anniversary of the 1987 stock market crash, 24/7 WallSt. wanted to go back in time to review how the individual DJIAcomponents held up around the time and how…
3:16pm ET
Investing
IBM Earnings Lack Significant Upside (IBM)
IBM (NYSE:IBM) has posted earnings at $1.68 EPS on $24.1 Billion in revenues, versus First Call estimates of $1.67 EPS & $24.07 Billion in revenues; Big Blue usually holds off on formal…
Douglas A. McIntyre 9:44am ET
Investing
Tech Earnings Trifecta: IBM, Intel, Yahoo! (IBM, INTC, YHOO)
It used to be that banks all grouped their earnings around each other. We’ve already started seeing some of the big earnings come out, but today we have a major day from…
3:12am ET
Media
Media Digest 10/10/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, economists cut forecasts for US growth for the third month in a row. Reuters writes that IBM (IBM) and Second Life will work on ways to eventually let people…
3:17am ET
Media
Media Digest 10/8/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, Morgan Stanley (MS) plans to start a wealth management business in India. Reuters writes that Alan Greenspan said that US economic growth is slowing. Reuters writes that SAP (SAP)…
6:43am ET
Investing
Wachovia: Tech Analyst Coverage After A.G.Edwards Merger (AMD, INTC, TXN, DELL, IBM, HPQ, NOK, QCOM, BRCM, MOT, JAVA)
Yesterday was a bad day for chip stocks based upon Morgan Stanley’s key downgrades in the semiconductor sector. But today is a different day as many major technology companies have been initiated…
7:21am ET
Investing
Q3 Biggest Stock Winners: Apple (AAPL), Amazon (AMZN), Nvidia (NVDA)
Big tech continued to do extraordinarily well in the third quarters. Stocks that would seem to have outrun their earnings continued to climb. Among the members of the S&P 500, Apple (AAPL)…
4:51am ET
Technology
Sun: Growth Plans In China, Like Everyone Else
Sun Microsystems (JAVA) thinks China will be the hot country in Asia over the next few years. Like almost every other US company, it believes it can double sales in the huge…