BLOOMBERG Bloomberg Bottom Line October 20, 2014
Monitoring wall street after last weeks roller coaster ride for stocks. We will get to those stories in just a moment. First, lets get you right to the top story that we are following. Ibm shares plunged the most in the most in four years, struggling to transform fast enough to handle the shifted cloud computing. An earningsd forecast for 2014 and said it will provide an update on its projections in january. Ditching a fiveyear plan to boost profit. The shares tumbled by dragging down the value of the stake held ibms biggestett, shareholder. Earlier, ibm announced an globalnt to pay foundries ...