Although recent speculation had Dell interested in acquiring IBM's low-end server business, it was Lenovo that won the prize. The Chinese personal-computer maker has agreed to pay $2.3 billion.
ThinkstockWednesday was yet another mixed day in the stock market, one where the Dow Jones Industrial Average was in the red and the S&P 500 Index and NASDAQ were positive for most…
IBM said it would rebalance its workforce. Texas Instruments announced it would cut 1,100 people. These come shortly after Intel said it would fire 5,000. Big tech seems to get ever smaller,…
Jon OggInternational Business Machines Corporation (NYSE: IBM) is still one of the most important stocks of the Dow Jones industrial Average, mostly due to its major stock price in the price-weighted index.…
Jon C. Ogg 24/7 Wall St. sees that 15 of the 30 Dow Jones Industrial (DJIA) stocks have pulled back 5.0% or more from their 52-week highs. Sometimes, bargain stocks just do not feel like…
Tuesday will bring two very important pieces of the technology sector together in earnings season. IBM and Advanced Micro Devices will share their most recent quarterly results after the close of trading.
IBM is once again looking to shed its low-end server business, and Dell is rumored to be interested. A deal to sell the business to China's Lenovo Group fell through last spring…
ThinkstockIn 2013, the United States Patent and Trademark Office granted more than 270,000 patents, often to the same organizations. The USPTO awarded 76,850 patents to the top 50 companies alone. IBM received…
Jon OggWe are now well past the end of 2013, and many strategists have mixed targets for the stock and bond markets in 2014. The last year brought gains of 26.5% in…
thinkstockJanuary 8, 2014: DJIA was -70.71 at 16,460.23 (unofficial close) S&P 500 was -0.42 at 1,837.46 (unofficial close) The markets had to deal with an FOMC Minutes report and the first ten-year…
Between the federal tax rate and state corporate tax rates, some corporations pay billions of dollars every year in taxes. 24/7 Wall St. examined the 10 U.S.-based, publicly traded companies with tax…
thinkstockJanuary 7, 2014: Markets opened higher on Tuesday led by healthcare and tech stocks. The S&P 500 closed with a gain for the first time this year. The DJIA closed up 0.64%,…
24/7 Wall St. has generated a bullish and bearish scenario for 2014 in each stock of the Dow Jones Industrial Average to see what lies ahead. Here is what lies ahead for…
Buried among pages of financial data, descriptions of risks and details about the Hewlett-Packard's divisions in its recently filed 10-K was the disclosure that the HP will cut 34,000 jobs. That is…
The Dow Jones Industrial Average is up nearly 26% so far this year. While the index, which consists of stocks of 30 major U.S. companies, is a widely followed indicator of the…
