Does IBM Beating Lower Expectations Make for a Real Turnaround?
IBM has been posting earnings that were down and out for so long that it is almost hard to imagine a good earnings report.
IBM has been posting earnings that were down and out for so long that it is almost hard to imagine a good earnings report.
This one is a stock that everyone seems to hate. Still, IBM has bounced handily off its lows, and Warren Buffett is the largest holder.
One-third of the 30 Dow stocks are reporting quarterly results between July 18 and 22. The main question is whether these earnings can push the Dow to new highs.
With the Dow Jones Industrial Average hitting new all-time highs this past week, we have to wonder what we have in store going forward as earnings reporting ramps up.
July 13, 2016: Markets opened higher again Wednesday but by noon only the DJIA was still trading with a gain. A weakish dollar trade lasted most of the day while oil started…
The five best performing Buffett stocks so far in 2016 are handily outperforming the broader market. It will be interesting to see if these stocks will hold their gains in the rest…
June 30, 2016: Markets opened higher again for a third straight day Thursday as the dollar continued to gain strength, pushing down oil prices. The Bank of England said it may launch…
Warren Buffett is deemed by many investors and market watchers to be the greatest investor of the modern era. Some may not agree at all, but Berkshire Hathaway Inc. (NYSE: BRK-A) is not…
June 24, 2016: Markets opened Friday following the surprise U.K. decision to leave the European Union. The Brexit vote dominated the day’s currency, energy, commodities, and equity markets as traders and investors…
BrandZ has released its 2016 list of 100 most valuable brands. Google ranked in first place at $229 billion and Apple in second at $228 billion.
May 25, 2016: Markets opened higher again Wednesday on news that eurozone ministers have agreed to release the next tranche of bailout money to Greece. The dollar weakened and crude oil prices…
Should investors be concerned that five of the Dow Jones Industrial Average are trading above their fair value targets?
A note from Wells Fargo says that IBM is starting to execute on an announced restructuring. The Wells Fargo analyst sees IBM continuing to restructure its workforce to align with strategy.
Based on the lastest SEC filings, Warren Buffett's favorite tech stocks include Apple and IBM.
May 20, 2016: Markets opened higher Friday as the dollar started out strong and oil started out weak. The dollar eventually ended up with a small increase, but the June crude contract…