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.
AIG, IBM Partner on Novel Blockchain Contract
The 'smart contract' is said to streamline complex insurance policies for multinational clients.
S&P Downgrades IBM’s Credit Rating to ‘A+’
The rating agency says IBM's transition to operating stability as it spends heavily on new businesses "will take longer than we had previously forecast."
How to Tell Good Buybacks from Bad Ones
Buyback ROI, a tool first introduced on CFO.com, can be used by executives and investors to determine when buybacks are more likely to be successful.
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.
Worldwide Server Sales Drop 0.4% in Q2
An IDC survey finds the decline of the high-end segment continued but volume system growth is a positive sign for the future.
Suit Against Oracle Spotlights Cloud Accounting
The whistleblower lawsuit by a former senior finance manager marks the latest criticism of how technology vendors are reporting cloud-related revenues.
Lenovo Posts First Loss In Six Years
Lenovo CEO Yang Yuanqing said integration efforts related to the company's past acquisitions "did not meet expectations."
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.
IBM Buys Resilient Systems in Cybersecurity Move
The company is piecing together a portfolio of services that will enable customers to protect against, defend and respond to cyber attacks.
IBM Adds Data With $2.6B Truven Health Deal
The acquisition brings IBM's investment in medical tech companies to $4 billion over the past year.