Accenture’s recent cloud and digital investments pay off in Q2; but margin outlook overshadows
The consulting and outsourcing giant has spent more than US$3bn on 70-or-so acquisitions in the digital and cloud spaces over the past few years
Company
International Business Machines Corp
NYSE:IBM
International Business Machines Corp is a provider of hybrid cloud and artificial intelligence (AI) and business services. The company provides integrated solutions and products that use data, information technology in industries and business processes. Its segments include Software, Consulting, Infrastructure and Financing.
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9 Spokes International poised to win more banking clients while reaffirming guidance
Substantial growth in recurring revenue is helping to provide income predictability.
US government in shutdown as Senate fails to pass budget; stocks close higher Friday
Wall Street shares closed higher; US Federal gov't shutdown
IBM, American Express Company, Mellanox Technologies - AFTER HOURS
Proactive takes a look at what was piquing investor interest after the bell in New York
International Business Machines Corp needs to step up its digital transformation
IBM remains in a ‘work-in-progress’ mode, according to Wedbush Securities, which has increased its target price for "Big Blue"
Investments and investor services
Stocks reach for the sky while Bitcoin stages a recovery
The Dow enjoyed its best session in seven weeks, rising 323 points
IBM and Maersk join forces to launch blockchain-based platform for shipping industry
The system will digitise the supply chain and allow users to track international cargo in real time.
AMD, Intel, IBM, Finisar, Exact Sciences Corporation - AFTER HOURS
'Meltdown' and 'Spectre' are two related, side-channel attacks against modern CPU microprocessors; AMD it not susceptible to Meltdown but it is to Spectre. Intel chips are susceptible to both
IBM up as RBC Capital raises rating to ‘outperform’, targets US$180 a share
RBC’s analysts said: "A return to gross margin stability coupled with revenue growth in 2018 should set-up the stock for a year of outperformance especially considering the depressed valuation"
Archive
International Business Machines, General Mills, Alibaba Group - PRE-MARKET
Proactive picks out some highlight stocks from Wednesday's pre-market trade
Hardware & electrical equipment
Apple, CarGurus, IBM and more - AFTER HOURS
Proactive takes a look at what was piquing investor interest after the bell in New York
US benchmarks higher into close as Beige Book assessed
US stocks head higher into the close on Wednesday as the rally continues
IBM tops expectations
Big Blue was wanted in screen-based trading ahead of the market open after releasing third quarter earnings last night
FTSE 100 closing in on record high; Pearson top riser
FTSE 100 closed at 7,542, below last Thursday’s closing high of 7,556.24 while the Dow soared above the 23,000 level today
IBM launches new blockchain ventures
The project is part of IBM’s ‘blockchain as a service’ initiative which was first announced earlier this year.
Kyckr gets a lift after signing data services deal with IBM
The company recently signed a multi-year agreement with Bloomberg.
IBM shares fall after worse-than-expected second quarter revenue decline
IBM has posted its 21st quarterly decline, reflecting waning legacy businesses
IBM, Vertex Pharmaceuticals and more
We are looking at what moved the needle last night after hours in New York
IBM set to bring blockchain into banking mainstream with SME-targeted venture
It would take the disruptive financial technology behind cryptocurrencies, like Bitcoin, into one of the first implementations within the institutional banking system.
Hardware & electrical equipment
Apple, Google, Facebook, Twitter and Tesla protest Trump's Paris climate accord decision
Apple, Google, Facebook, Twitter, Tesla, Microsoft and IBM have accused Donald Trump of putting the environment under threat