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IBM revenues slump amid Covid-19
21 Jul 2020

IBM revenues slump amid Covid-19

(Sharecast News) - Tech giant IBM saw revenues slump 5.4% in the second quarter as customers reduced their spending on traditional applications and ha...

IBM ends 2019 on a 'strong note'
22 Jan 2020

IBM ends 2019 on a 'strong note'

(Sharecast News) - International Business Machines (IBM) updated the market on its fourth quarter and full-year numbers for 2019 on Wednesday, reporti...

Europe open: Stocks mixed as investors ponder latest trade headlines
23 Jan 2019

Europe open: Stocks mixed as investors ponder latest trade headlines

(Sharecast News) - Stocks in Europe are heading higher in early trading, overcoming the downward pull from the losses seen overnight on Wall Street af...

IBM cheers market as results narrowly beat expectations
23 Jan 2019

IBM cheers market as results narrowly beat expectations

(Sharecast News) - Shares in IBM jumped in pre-market trading on Wednesday after the US firm beat quarterly earnings estimates.

IBM bid may flush out other Red Hat suitors, Cowen says
29 Oct 2018

IBM bid may flush out other Red Hat suitors, Cowen says

(Sharecast News) - After IBM agreed a $34bn deal to buy cloud software company Red Hat , analysts at Cowen and Co said there is a reasonable possibili...

IBM to buy Red Hat in mammoth $34bn deal
29 Oct 2018

IBM to buy Red Hat in mammoth $34bn deal

(Sharecast News) - IBM has reached agreement to acquire open-source cloud software giant Red Hat for $190 per share, it was revealed over the weekend,...

EU mergers and takeovers (March 26)
26 Mar 2018

EU mergers and takeovers (March 26)

BRUSSELS, March 26 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS...

Apple, IBM chiefs call for more data oversight after Facebook breach
26 Mar 2018

Apple, IBM chiefs call for more data oversight after Facebook breach

BEIJING, March 26 (Reuters) - Executives from Apple Inc and IBM Corp have called for more oversight on how personal data is used following the Faceboo...