|Bid||148.20 x 800|
|Ask||148.20 x 900|
|Day's Range||147.47 - 148.43|
|52 Week Range||137.45 - 171.13|
|PE Ratio (TTM)||23.87|
|Earnings Date||Oct 16, 2018|
|Forward Dividend & Yield||6.28 (4.23%)|
|1y Target Est||164.50|
Accenture (ACN) has extended its alliance with SAP to build a SAP S/4HANA Cloud solution, which could be extremely useful to oil and gas companies. Oil and gas companies can gain access to the new SAP S/4HANA Cloud solution through public and private cloud platforms. The new solution could help oil and gas companies reduce operational expenses through proper implementation of cloud technology.
IBM’s (IBM) Watson AI platform seems to be seeing higher adoption across the industry, driven by the ongoing digitalization trend. Watson AI technology, combined with machine learning, offers key insights to complex business problems for IBM’s Fortune 500 clients.
In fiscal Q4 2018, Western Digital (WDC) returned $586 million to shareholders in the form of buybacks and dividends. While WDC bought back shares worth $436 million, it paid $150 million in dividends to shareholders.
The growing demand for AI in the health industry has encouraged IBM (IBM) to target the health sector with its Watson Health technology. The company’s increasing presence, particularly in oncology and not only in the United States but also in highly populated countries such as China and India, is also contributing to Watson Health’s growth.
IBM is being sued by laid-off employees for allegedly violating age-discrimination regulations. Shannon Liss-Riordan is defending the company's three former employees in the case.
Mastercard Inc. ( MA), the leading global payments & technology company, is actively exploring the use of blockchain to keep track of consumer payments, according to a series ( one, two and three) of similar patent filings published recently by the U.S. Patent and Trademark Office. Titled “Method and system for recording point to point transaction processing,” th patent filings describe methods based on distributed ledger technology (DLT) for providing a multi-service platform to enable secure storage of key data for transactions, “including point to point and business to business transactions.” Highlighting the particular use of blockchain to efficiently restructure account management for keeping up with the needs of financial book keeping, one of the implementations mentioned in the filing explains how blockchain can be used to simplify registering and monitoring buy orders.
A new class-action lawsuit accuses Research Triangle Park’s largest employer, IBM, of “systemically laying off older employees in order to build a younger workforce.”
Unlike many large cap stocks, International Business Machines Corp. ( IBM) has failed to recover from its losses earlier this year, its shares still down more than 12% off their January highs. Options trades are also suggesting the stock rises by the start of early next year. Shares may continue to rise toward technical resistance of $159, an increase of about 7% from its current price.
Shannon Liss-Riordan has been compared to “a pit bull with a Chihuahua in its mouth.” In a career spanning almost 20 years, the Boston-based lawyer has gone after corporations that have either harmed consumers or their own employees. On Monday, she filed a class-action lawsuit on behalf of three former IBM employees who say the tech giant discriminated against them based on their age when it fired them. “Over the last several years, IBM has been in the process of systematically laying off older employees in order to build a younger workforce,” the former employees claim in the suit. In the last decade, IBM has fired thousands of people in the U.S., Canada and other high-wage jurisdictions in an effort to cut costs and retool its workforce after coming late to the cloud computing and mobile tech revolutions.
A lawyer known for battling tech giants over the treatment of workers has set her sights on International Business Machines Corp. Shannon Liss-Riordan on Monday filed a class-action lawsuit in federal court in Manhattan on behalf of three former IBM employees who say the tech giant discriminated against them based on their age when it fired them. Liss-Riordan, a partner at Lichten & Liss-Riordan in Boston, has represented workers against Amazon, Uber and Google and has styled her firm as the premier champion for employees left behind by powerful tech companies.
Red Hat's (RHT) second-quarter fiscal 2019 earnings are likely to benefit from robust traction of OpenShift, Ansible and strong cross-selling, driven by an expanding partner base.
Box (BOX), a cloud storage, backup, and file-sharing provider, is currently in its fiscal third quarter of 2019. The company reported losses in the first two quarters of the year, but it expects to report at least one profitable quarter on a non-GAAP (generally accepted accounting principles) basis in its current fiscal year, meaning that it’s eyeing a non-GAAP profit in either the fiscal third quarter or the fiscal fourth quarter of 2019.
IBM (IBM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Database-management company Oracle (NYSE:ORCL) is having a middling year. The stock performance isn’t awful but nothing to write home about. On a year-to-date basis, ORCL was up nearly 5% heading into its fiscal first-quarter 2019 earnings report.
There is no question that there is a connection between blockchain and cryptocurrencies — without blockchain, cryptocurrencies wouldn’t exist. One stock that is as close to a pure play on cryptocurrencies as you can get is Bitcoin Investment Trust (OTCMKTS:GBTC), which basically tracks the price of bitcoin. As goes the price of bitcoin, so goes GBTC’s share price.
On September 7, 35 analysts tracked Oracle (ORCL) stock, as shown in the chart below. Sixteen analysts offered “buy” ratings, and another 16 analysts gave “hold” recommendations for ORCL stock. Two analysts provided “overweight” ratings, and one analyst gave a “sell” rating. There were no “underweight” recommendations on the stock.
Autodesk (ADSK) is underway with the transition to a cloud-based subscription business model, where customers pay ongoing subscription fees instead of one-time software license purchases. Many Autodesk customers have transitioned to cloud-based subscriptions. But there are about 2.0 million customers still on legacy software licenses, and the company is working to get them to transition to subscriptions.
On September 13, IBM (IBM) extended its existing technology partnership with India-based leading fashion and lifestyle company Aditya Birla Fashion and Retail (ABFRL). The ten-year partnership deal may help ABFRL minimize costs, boost store productivity, and assist in opening new stores.
Alphabet’s (GOOGL) Google is making some leadership changes in its cloud computing division. The company is stepping up its pursuit of the $186.4 billion revenue opportunity in the global public cloud market this year.