|Bid||142.30 x 400|
|Ask||143.51 x 200|
|Day's Range||140.68 - 143.05|
|52 Week Range||139.13 - 182.79|
|PE Ratio (TTM)||11.69|
|Dividend & Yield||6.00 (4.26%)|
|1y Target Est||N/A|
Walmart, Unilever, Nestle, Kroger, Dole, Tyson Foods, and McCormick are all on board with a new IBM blockchain initiative to track shipment data and food safety information over a blockchain.
Some of the revenue decline has been voluntary—the result of walking away from commodity hardware business. A new analysis by Morgan Stanley finds that gross profit--that is, product- and service-level profits that don’t factor in corporate-level contortions—is both a relatively clean measure for tracking IBM’s progress, and one that has had a high correlation with its share price movements. IBM has invested more than $30 billion in what it calls strategic imperatives: social, mobile, analytics, cloud and security technology.
IBM and a consortium of major food companies are teaming up to improve food safety using blockchain.