IBM Shares Drop on Weaker-Than-Expected Quarterly Revenue
IBM expects to spin out its managed infrastructure services unit early next month, CEO Arvind Krishna said in a statement. The move should boost revenue growth.
Source: nbcdfw.com
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IBM Shares Drop on Weaker-Than-Expected Quarterly Revenue
IBM expects to spin out its managed infrastructure services unit early next month, CEO Arvind Krishna said in a statement. The move should boost revenue growth.
Source: nbcnewyork.com
Stock Futures Inch Lower in Overnight Trading After Dow Retakes Record High
The 30-stock Dow jumped about 150 points to hit an intraday record Wednesday, surpassing its peak from mid-August.
Source: nbcconnecticut.com
Stock Futures Inch Lower in Overnight Trading After Dow Retakes Record High
The 30-stock Dow jumped about 150 points to hit an intraday record Wednesday, surpassing its peak from mid-August.
Source: nbcphiladelphia.com
IBM's 3% sales growth may not seem like much but it's the biggest it's had in three years
Copy IBM on Monday reported better than anticipated revenue for Q2 2021, sending its shares up in after-hours trading. Big Blue, evidently unfazed by a multi-week email disruption that's still not entirely resolved, delivered sales totaling $18.7bn for the quarter, an increase of three per cent year over year. It's the strongest revenue growth for the biz in three years. Net income, however, fell by three per cent to $1.3bn for the quarter. That translates to non-GAAP adjusted earnings of $2.33 per share, seven per cent more than the $2.18 reported during the same period in 2020. Analysts on ...
Source: theregister.com