Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it …
-- International Business Machines Corp. rode cost cuts and software acquisitions to healthy fourth-quarter profits, and the company posted a blockbuster number for contract signings. But investors found reasons to be disappointed, sending …
Warren Buffett disclosed today that he has secretly been buying a huge position in IBM stock. Now, he’s beginning to take the covers off the details of his investment. According to a previously confidential regulatory filing, Buffett’s Berkshire ...
The IBM board of directors did a huge favor for mediocre CEOs the world over on Friday by announcing (quietly) that it has granted Chairman and Chief Executive Virginia Rometty a $3.6-million bonus for 2014 and a $13.3-million stock
Rick Pendergraft: International Business Machines Corp.(NYSE:IBM) appeared on my bullish scan the other night due to the stochastic lines making a bullish crossover. At first glance, I didn’t think the setup looked all that great, but then I …
Is Big Blue back? IBM (IBM) caught investors’ attention last week when it reported what some saw as positive and indicative of better things to come. Although the skeptics on Wall Street weren’t convinced that IBM’s long-awaited …
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This afternoon, Ginni Rometty was given the great pleasure of announcing to investors that IBM beat analyst estimates on revenue for the first time in almost six years. It was a watershed moment for her leadership, a true sign that IBM is …
(Reuters) - Shares of International Business Machines Corp (IBM.N) hit a lifetime high on Wednesday as analysts welcomed the tech giant’s commitment to double its profit by 2015. IBM shares rose as much as 3.3 percent to …