IBTimes Australia : IBM Topic

Dell Profits Plunge on Lower PC Sales

Fri, 17 May 2013 14:58:34 +1000

Net profit declines 79% to $130m amid investors' battle to takeover the company.

Cisco shares up sharply in relief rally after earnings

Fri, 17 May 2013 01:00:04 +1000

Shares of Cisco Systems Inc rose as much as 14 percent on Thursday, a day after the company reported quarterly results and financial targets that were better than Wall Street expected.

Government Creates £7.5m Fund to Train Cyber Security Experts

Thu, 09 May 2013 18:42:02 +1000

Two universities will receive £7.5m in government funding to research cyber security threats and train students.

How the Dow is Just Wall Street’s Marketing Tool

Thu, 09 May 2013 15:54:50 +1000

In the olden days - let's say back in the 13th century during the Mongol invasions of Europe - if you wanted to escape the Horde you retreated behind big thick city walls.

Buffett says he won't sell shares of IBM: CNBC

Fri, 03 May 2013 21:49:03 +1000

Berkshire Hathaway chairman and chief executive Warren Buffett said that he would not sell shares of IBM Corp., even as the company missed earnings expectations last month.

Why Apple’s Advantage is Gone

Thu, 02 May 2013 13:03:42 +1000

If you accept the idea that a corporation has 'personhood' then it's possible a well-managed corporation can grow, if not forever, then at least for a very long time. Institutions survive changes in leadership, provided they are built on solid foundations. A good business can remain a good business a long time.

IBM, Lenovo call off server deal talks - report

Thu, 02 May 2013 07:35:02 +1000

IBM and Lenovo <0992.HK> have called off negotiations over a multibillion-dollar deal in which the Chinese company would have bought Big Blue's low-end server business, Fortune magazine cited unidentified sources as saying on Wednesday.

Berkshire size, Buffett age cloud annual gathering

Wed, 01 May 2013 02:21:01 +1000

Warren Buffett may be on safari for major acquisitions, which he likes to call elephants, but shareholders may wonder if his Berkshire Hathaway Inc has become the biggest elephant in the room.

Tata to Invest in Technology, R&D at Tel Aviv University

Tue, 30 Apr 2013 13:57:24 +1000

Tata Industries will invest $5 million in a new Tel Aviv University (TAU) technology fund, saying it saw the university as its Israeli research and development centre.

Wall Street climbs further; Nasdaq up 1 percent

Tue, 30 Apr 2013 02:28:03 +1000

Stocks extended gains on Monday, with the Nasdaq briefly 1 percent higher while the Dow and S&P 500 were at session highs, boosted by gains in large-cap technology companies such as Apple Inc, IBM and Microsoft Corp.

From hackers to security experts, the Balkan IT sector is booming

Fri, 26 Apr 2013 23:42:03 +1000

After hacking the Pentagon, NASA and Britain's Royal Navy for fun, TinKode got a real job as a computer security expert for a Romanian cyber safety consultancy.

Yahoo Chairman Fred Amoroso resigns

Fri, 26 Apr 2013 08:28:03 +1000

Yahoo Inc Chairman Fred Amoroso is resigning effective immediately, the struggling Internet company announced on Thursday.

Why Too Much Data Might Actually Protect Your Privacy

Thu, 25 Apr 2013 15:00:39 +1000

We've entered a new age based in technology and huge volumes of data. All this data will help to shape our future world.

IBM CEO Rometty urges employees to act faster: WSJ

Thu, 25 Apr 2013 10:49:02 +1000

IBM Corp's Chief Executive Virginia Rometty told employees the company had become too sluggish and unresponsive, after it posted weak first-quarter results, the Wall Street Journal reported on Wednesday, citing IBM's internal video message addressed to its employees.

IBM on Edge of Selling Server Business Due to Poor Q1 Performance

Wed, 24 Apr 2013 09:41:47 +1000

In what many see as the backlash of poor performing in the first quarter and quick strategy to greater growth, International Business Machines Corp. (IBM) looks to sell-off its low-end server business. Interestingly, the most likely buyer could be Lenovo Group Ltd, the same Chinese company to which IBM had sold, in a game-changing move, PC business back in 2004.

Wall Street rises on strong earnings despite soft data

Wed, 24 Apr 2013 00:28:02 +1000

Stocks rose on Tuesday as strong earnings from Travelers Cos Inc and others put shares on track for a third straight day of gains, although investors said recent volatility was likely to return.

Stock futures point to third day of gains on earnings

Tue, 23 Apr 2013 23:14:03 +1000

Stock index futures pointed to a higher open on Tuesday, indicating stocks could notch a third straight day of gains as strong earnings improved sentiment.

Futures higher as profits offset disappointing China data

Tue, 23 Apr 2013 22:21:02 +1000

Stock index futures edged higher on Tuesday as strong earnings improved sentiment, but weak data from China underlined concerns about global growth.

Stock futures edge higher as technology earnings help Nasdaq

Tue, 23 Apr 2013 21:56:02 +1000

Stock index futures edged higher on Tuesday as strong earnings improved sentiment, but weak data from China underlined concerns about global growth.

Celestica profit plunges as Blackberry exits

Tue, 23 Apr 2013 21:28:02 +1000

Contract electronics manufacturer Celestica Inc reported a 76 percent fall in first-quarter profit, hit by the loss of contracts from its once-biggest customer, Blackberry.

Wall Street set to open higher after worst week since November

Mon, 22 Apr 2013 23:28:02 +1000

Stocks were set for a modestly higher open on Monday, rebounding from stocks' worst week in 2013, as earnings from Caterpillar, Halliburton and other major companies pointed to choppy trading ahead.

Stock futures up with full earnings calendar on tap

Mon, 22 Apr 2013 22:35:03 +1000

Stock futures were higher on Monday, rebounding from stocks' worst week in 2013, as the latest quarterly earnings included major companies ranging from Caterpillar Inc to Halliburton Co to Texas Instruments Inc

Stock futures rise as Wall Street faces full earnings calendar

Mon, 22 Apr 2013 22:07:01 +1000

Stock futures were higher on Monday, rebounding from stocks' worst week 2013, as the latest quarterly earnings included major companies ranging from Caterpillar Inc to Halliburton Co to Texas Instruments Inc

Global Markets Overview - 22 April 2013

Mon, 22 Apr 2013 10:00:34 +1000

Stocks rose Friday, trimming the biggest weekly loss of the year for the Dow, as continued strength in defensive corners of the market offset a selloff in International Business Machines shares.

Japanese banks say hola, go local as they woo overseas borrowers

Mon, 22 Apr 2013 07:42:03 +1000

Japan's banking titans are hiring Spanish-speaking bankers to win new business in Latin America and handing out loans to junk-grade borrowers in the United States as they probe deeper overseas to fight meager returns at home.

Wall Street Week Ahead: In earnings frenzy, will Apple get crushed?

Sat, 20 Apr 2013 09:21:03 +1000

Apple may have lost nearly half of its value since its peak in September, but it's still the talk of the town. Only this time, it's all about how low can it go?

Wall Street rebounds with help from tech shares; IBM tumbles

Sat, 20 Apr 2013 04:35:02 +1000

Most stocks rose on Friday, bouncing back a day after the S&P 500 closed below its 50-day moving average for the first time this year, but IBM's largest drop in eight years held back the Dow.

Wall Street rebounds, all eyes on Boston

Sat, 20 Apr 2013 02:28:03 +1000

Most U.S. stocks rose on Friday, bouncing back a day after the S&P 500 closed below its 50-day moving average for the first time in 2013, but IBM's largest drop in eight years kept the Dow in slightly negative territory.

Nasdaq extends gain, up 1 percent on tech results

Sat, 20 Apr 2013 01:42:02 +1000

The Nasdaq extended its early gains on Friday, jumping 1 percent on the strength of quarterly results from Microsoft Corp and Google Inc .

Wall Street bounces back with all eyes on Boston

Sat, 20 Apr 2013 01:14:02 +1000

Most stocks edged higher on Friday, bouncing back a day after the S&P 500 index closed below its 50-day moving average for the first time this year, but a sharp drop in IBM shares kept the Dow in the red.