Ginni Rometty

IBM Sales Slump for Fifth Straight Quarter
The Cloud

IBM Sales Slump for Fifth Straight Quarter

“The company’s cloud business hasn’t been able to make up for declining sales in its services, hardware, and financing businesses."
By Matthew Heller | October 17, 2019
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IBM Posts First Annual Revenue Gain in 7 Years
Financial Performance

IBM Posts First Annual Revenue Gain in 7 Years

The 2018 revenue growth reflected "growing demand for our services and leadership solutions in hybrid cloud, AI, analytics, and security."
By Matthew Heller | January 23, 2019
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Brand Risk Soars in Today’s Social & Political Climate
Risk Management

Brand Risk Soars in Today’s Social & Political Climate

Companies walk a fine line trying to protect brand value amid a starkly divided society.
By David McCann | August 15, 2018
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‘Strategic Imperatives’ Drive IBM’s Q2 Growth
Financial Performance

‘Strategic Imperatives’ Drive IBM’s Q2 Growth

"We've done the work to reposition our company. We are seeing our investments ... now paying off," CFO James Kavanaugh says.
By Matthew Heller | July 19, 2018
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IBM Beats Q1 Estimates But Stock Dives 5.7%
Financial Performance

IBM Beats Q1 Estimates But Stock Dives 5.7%

“In a nutshell, patience is wearing thin on the Street around the IBM turnaround story, which continues to be elusive,” one analyst says.
By Matthew Heller | April 18, 2018
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James Kavanaugh Named IBM Finance Chief
People

James Kavanaugh Named IBM Finance Chief

The 22-year company veteran replaces Martin Schroeter, who becomes senior vice president of global markets.
By Matthew Heller | January 12, 2018
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IBM Stock up 5% on Renewed Turnaround Hopes
Financial Performance

IBM Stock up 5% on Renewed Turnaround Hopes

In Q3, Big Blue almost ended its long drought in revenue growth and beat analysts' estimates on revenue across all its main business segments.
By Matthew Heller | October 18, 2017
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IBM Shares Sink on Unexpected Revenue Drop
Turnarounds

IBM Shares Sink on Unexpected Revenue Drop

Investors express their impatience with the pace of IBM's turnaround effort by sending its shares down nearly 5% to $161.84.
By Matthew Heller | April 19, 2017
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IBM Beats Estimates But Sales Drop Again
Turnarounds

IBM Beats Estimates But Sales Drop Again

If the "strategic imperatives" IBM is betting on were really working, "the company's growth rate should be improving," one analyst says.
By Matthew Heller | April 19, 2016
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Third Quarter Brings Little Relief for IBM Shareholders
The Cloud

Third Quarter Brings Little Relief for IBM Shareholders

The company's shift from its legacy businesses to cloud computing continues to be painful as sales drop a greater-than-expected 14%.
By Matthew Heller | October 20, 2015
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Sales Drop at IBM for 13th Straight Quarter
Technology

Sales Drop at IBM for 13th Straight Quarter

IBM's strong growth in cloud computing was offset by sharp declines in its legacy software and systems hardware businesses.
By Matthew Heller | July 20, 2015
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Big Blue Moves Away from ‘Absolute’ Earnings Forecasts
Risk Management

Big Blue Moves Away from ‘Absolute’ Earnings Forecasts

In addition, IBM expects 2014 operating earnings per share to decline as much as 4% from 2013.
By Matthew Heller | November 12, 2014
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