IBM - International Business Machines Corporation
| Previous Close | 123.91 |
| Open | 123.90 |
| Bid | 0.00 x 800 |
| Ask | 0.00 x 200 |
| Day's Range | 118.87 - 124.05 |
| 52 Week Range | 114.09 - 171.13 |
| Volume | 7,019,616 |
| Avg. Volume | 6,968,600 |
| Market Cap | 108.455B |
| Beta (3Y Monthly) | 1.87 |
| PE Ratio (TTM) | 19.23 |
| EPS (TTM) | 6.20 |
| Earnings Date | Jan 22, 2019 |
| Forward Dividend & Yield | 6.28 (5.26%) |
| Ex-Dividend Date | 2018-11-08 |
| 1y Target Est | 155.94 |
- Financial Times•13 minutes ago
[$$] Returnships reap rewards for tech companies and women
After taking a four-and-a-half-year career break to look after her two children, Ellein Cheng wanted to go back to work and become a “role model” for them. Ms Cheng is one of the thousands of women globally who have re-entered the workforce via this route. The schemes have been particularly attractive among technology companies grappling with gender diversity issues and seeking to unearth much-needed talent.
- Motley Fool•6 hours ago
2 Dividend Stocks to Buy on Sale
These two stocks have recently seen their prices slashed and offer attractive returned income components.
- GuruFocus.com•yesterday
Stocks That Fell to 3-Year Lows in the Week of Dec. 7
Anheuser-Busch InBev (BUD), International Business Machines Corp. (IBM), Celgene Corp. (CELG) and American International Group Inc. (AIG) have declined to their three-year lows
- Motley Fool•2 days ago
2 Embarrassingly Cheap Dividend Stocks
These two stocks offer big yields and underappreciated growth potential.
- Motley Fool•2 days ago
IBM Raises Cash Ahead of Megadeal
The tech company is selling some software products that no longer fit the IBM mold.
- American City Business Journals•2 days ago
GSA appoints director of Technology Transformation Services
He will drive IT modernization throughout government by helping agencies build, buy and share technology more easily.
- Market Realist•2 days ago
Why IBM Is Selling Key Assets to HCL Technologies
Yesterday, IBM (IBM) announced that it would be selling key software assets to HCL Technologies for a total of $1.8 billion. Some of these products include Notes and Domino, Portal, and Connections. Among these products, IBM places the most value on its collaborative client-server platform, Notes and Domino.
- Investing.com•2 days ago
IBM Falls 3%
Investing.com - IBM (NYSE:IBM) fell by 3.03% to trade at $120.15 by 10:43 (15:43 GMT) on Friday on the NYSE exchange.
- TechCrunch•3 days ago
IBM selling Lotus Notes/Domino business to HCL for $1.8B
IBM announced last night that it is selling the final components from its 1995 acquisition of Lotus to Indian firm HCL for $1.8 billion. IBM paid $3.5 billion for Lotus back in the day. The big pieces here are Lotus Notes, Domino and Portal.
- American City Business Journals•3 days ago
IBM selling Indian tech company $1.8 billion in software products
IBM Corp. on Friday said it's selling $1.8 billion in software products to Indian tech company HCL Technologies. ... The large-scale deployments of these products provide us with a great opportunity to reach and serve thousands of global enterprises across a wide range of industries and markets," said C Vijayakumar, president and CEO of HCL Technologies, in a statement. “We believe the time is right to divest these select collaboration, marketing and commerce software assets, which are increasingly delivered as stand-alone products," said John Kelly, IBM senior vice president, cognitive solutions and research, in the statement.
Market Realist•3 days agoLooking into HPE’s Capital Return Policy
In 2015, Hewlett Packard Company was split into HP (HPQ) and Hewlett Packard Enterprise (HPE). HPE has been consistently rewarding shareholders with cash dividends and share buyback programs. In fiscal 2018, the company returned 39% more share repurchases and dividends (~$4.1 billion) than capital ($3 billion) to shareholders. It returned around $3 billion in fiscal 2017 and $3.1 billion in fiscal 2016 to shareholders. In fiscal 2019, the company expects to reward shareholders with $2.9 billion in dividends and share repurchases, bringing its total payout to $13 billion over four years.
Market Realist•3 days agoWhy Oracle Thinks Its Stock Is a Compelling Buy
Oracle expects its EPS to rise between 11% and 15% to reach $0.77–$0.79 in the current quarter—healthy growth compared to the flattish revenue growth the company expects. According to Oracle, its free cash flow has risen 10% in the last year. Free cash flow is an important metric that shareholders consider when making investment decisions.
- TheStreet.com•3 days ago
IBM Sells Software Portfolio to India's HCL Technologies
HCL Technologies Ltd. on Friday, Dec. 7, said it had agreed to acquire a portfolio of software products from International Business Machines Corp. Noida, India-based HCL said it was buying seven software products with a total addressable market of more than $50 billion, in the marketing, commerce, security and collaboration segments. The sales and marketing teams will transfer to HCL, which will borrow $300 million to fund the acquisition.
Market Realist•3 days agoWhy Oracle’s Revenue Growth Could Fall in the Current Quarter
In the previous article, we discussed how Oracle’s (ORCL) revenue growth slowed in the fourth quarter of fiscal 2018 and improved just ~0.5% in the first quarter of fiscal 2019. According to the outlook provided by Oracle, it expects its revenue to grow between 0% and 2% in constant currency terms in the quarter, but the strengthening US dollar could hurt its revenue growth expectations. In August, the Turkish lira went through a bad phase that spread to other emerging markets.
- Bloomberg•3 days ago
HCL Drops Most in Seven Weeks on $1.8 Billion IBM-Asset Buy
The shares slid 5 percent to 961.95 rupees at the close in Mumbai on a day when the S&P BSE Sensex was the biggest gainer among Asian benchmark equity gauges. The planned purchase -- the biggest by an Indian software maker -- has had some investors questioning the price tag in relation to the assets’ return potential. “The market is grappling with the question of whether HCL has bitten too much, too early with this deal,” said Girish Pai, head of equity research at Mumbai-based Nirmal Bang Equities Pvt.
- Reuters•3 days ago
In biggest Indian IT deal, HCL Tech to buy $1.8 billion of IBM software
MUMBAI/BENGALURU (Reuters) - HCL Technologies (HCLT.NS) will buy some software assets from U.S.-based IBM Corp (IBM.N) for $1.8 billion (1.41 billion pounds), the companies said on Friday, marking the largest purchase ever by an Indian IT services firm. HCL Tech will buy seven software platforms from IBM, giving it a larger clientele and allowing it to step up its presence in areas such as commerce, security, and marketing — an over $50 billion market opportunity that the Indian firm said would help boost profits. The deal will also help HCL collect additional revenue of about $650 million in the second year of the acquisition on a run-rate basis, though sales would take a roughly $25 million hit in the first year.
- Reuters•3 days ago
In biggest Indian IT deal, HCL Tech to buy $1.8 billion of IBM software
MUMBAI/BENGALURU (Reuters) - HCL Technologies (HCLT.NS) will buy some software assets from U.S.-based IBM Corp (IBM.N) for $1.8 billion, the companies said on Friday, marking the largest purchase ever by an Indian IT services firm. HCL Tech will buy seven software platforms from IBM, giving it a larger clientele and allowing it to step up its presence in areas such as commerce, security, and marketing — an over $50 billion market opportunity that the Indian firm said would help boost profits. The deal will also help HCL collect additional revenue of about $650 million in the second year of the acquisition on a run-rate basis, though sales would take a roughly $25 million hit in the first year.
- Business Wire•3 days ago
HCL Technologies to Acquire Select IBM Software Products for $1.8B
IBM and HCL Technologies today announced a definitive agreement under which HCL will acquire select IBM software products for $1.8 billion. The transaction is expected to close by mid-2019, subject to completion of applicable regulatory reviews.
- Reuters•3 days ago
IBM to sell some of its software products to HCL for $1.8 billion
(Reuters) - International Business Machines Corp (IBM.N) said on Thursday it will sell some of its software products business to Indian software services exporter HCL Technologies (HCLT.NS) for $1.80 billion. ...
Reuters•3 days agoIBM to sell some of its software products to HCL for $1.8 billion
International Business Machines Corp said on Thursday it will sell some of its software products business to Indian software services exporter HCL Technologies for $1.80 billion. The software products ...
- Zacks•3 days ago
IBM (IBM) Gains As Market Dips: What You Should Know
In the latest trading session, IBM (IBM) closed at $123.90, marking a +1.89% move from the previous day.
- Reuters•3 days ago
White House huddles with tech execs on future of jobs
The Trump administration, which has had strained relations with technology companies, met on Thursday with top tech executives to discuss ways to "ensure American dominance" of innovation and the future of high tech jobs. Chief executive officers who participated included Microsoft Corp's (MSFT.O) Satya Nadella, Alphabet Inc's (GOOGL.O) Sundar Pichai, Qualcomm Inc's (QCOM.O) Steven Mollenkopf and Oracle Corp's (ORCL.N) Safra Catz, the White House said. President Donald Trump briefly stopped by the meeting that focused on the latest and next-generation technology, including artificial intelligence (AI), a White House official confirmed.
- Reuters•3 days ago
White House huddles with tech execs on future of jobs
The Trump administration, which has had strained relations with technology companies, met on Thursday with top tech executives to discuss ways to "ensure American dominance" of innovation and the future of high tech jobs. Chief executive officers who participated included Microsoft Corp's Satya Nadella, Alphabet Inc's Sundar Pichai, Qualcomm Inc's Steven Mollenkopf and Oracle Corp's Safra Catz, the White House said. President Donald Trump briefly stopped by the meeting that focused on the latest and next-generation technology, including artificial intelligence (AI), a White House official confirmed.
- PR Newswire•3 days ago
HCL Technologies to Acquire Select IBM Software Products for $1.8B
ARMONK, New York and NOIDA, India , Dec. 6, 2018 /PRNewswire/ -- IBM (NYSE: IBM ) and HCL Technologies (HCL) today announced a definitive agreement under which HCL will acquire select IBM software products ...
