IBM - International Business Machines Corporation
| Previous Close | 134.26 |
| Open | 134.22 |
| Bid | 134.00 x 800 |
| Ask | 134.15 x 900 |
| Day's Range | 132.25 - 134.49 |
| 52 Week Range | 105.94 - 152.95 |
| Volume | 6,949,928 |
| Avg. Volume | 3,841,386 |
| Market Cap | 118.787B |
| Beta (3Y Monthly) | 1.56 |
| PE Ratio (TTM) | 13.84 |
| EPS (TTM) | 9.69 |
| Earnings Date | Oct 16, 2019 |
| Forward Dividend & Yield | 6.48 (4.56%) |
| Ex-Dividend Date | 2019-08-08 |
| 1y Target Est | 151.35 |
- Decrypt
IBM puts scallops on the blockchain
Blockchain-based supply chains track seafood products from ocean to fork
- Benzinga
Global Container Terminals Joins IBM-Maersk Blockchain Group
Global Container Terminals Inc. (GCT) said it will take part in the TradeLens blockchain platform developed by Maersk and IBM (NYSE: IBM). TradeLens has said the platform allows shippers, ocean carriers, freight forwarders, port and terminal operators, inland transportation and customs authorities to interact more efficiently through real-time access to shipping data and shipping documents. TradeLens will facilitate "seamless data sharing, collaboration and improved trade flows" with ocean carriers, beneficial cargo owners and railways, GCT said in a statement, adding that 10 of its ocean carrier customers have committed to using the TradeLens platform.
- MarketWatch
Johnson & Johnson, American Express share losses lead Dow's 70-point fall
DOW UPDATE Shares of Johnson & Johnson and American Express are posting losses Friday morning, dragging the Dow Jones Industrial Average into negative territory. Shares of Johnson & Johnson (JNJ) and American Express (AXP) have contributed to the index's intraday decline, as the Dow (DJIA) was most recently trading 70 points (0.
- American City Business Journals
'Shock:' Analyst reacts to CFO departure at Red Hat
A week after Red Hat CFO Eric Shander unexpectedly left the company, little information on his departure has come out of Red Hat Tower other than the decision came down to “workplace standards.”
- Investor's Business Daily
IBM Stock Drops As Sales From Business Transition Continue To Slide
IBM stock dropped Thursday, following a quarterly earnings report that fell short of expectations as the computer giant continues a business transition that's caused a lengthy sales slowdown.
- Zacks
Manufacturing & Retail Worries, Brexit, Q3 Earnings & Buy Google Stock - Free Lunch
Signs of hope for a Brexit deal and U.S.-China trade war updates. Some disappointing U.S. manufacturing and retail data. Q3 earnings results from the likes of Netflix. And why Google parent Alphabet is a Zack Ranks 1 (Strong Buy) stock. - Free Lunch
- Benzinga
PreMarket Prep Recap: Netflix's Early Gains, And What Is Going On With Cronos?
For some unexplained reason, there was a relentless buyer in the issue on huge volume. To begin the regular session, the issue opened at the high for the day, $10.56, and has traded as low as $8.33. After the close Wednesday, Netflix Inc (NASDAQ: NFLX) delivered a solid third-quarter beat for EPS and sales.
- Barrons.com
Netflix Stock Is Rising and IBM Is Falling. The Market Might Have It Backward.
IBM and Netflix reported better-than-expected earnings and sales that fell a bit short of Wall Street analysts’ forecasts. IBM stock is getting hammered, while Netflix is on the rise, a sign that investors prefer growth to cash flow.
- Yahoo Finance
IBM is really hoping the Red Hat acquisition pays off: analyst
One technology analyst says despite IBM's disappointing third quarter results, its long-term saving grace is its acquisition of Red Hat.
- Benzinga
Wall Street Reacts To IBM's Weak Quarter
IBM (NYSE: IBM ) shares tumbled 6% on Thursday after the company missed consensus revenue expectations and reported its fifth consecutive quarter of negative sales growth. Third-quarter revenue was down ...
- Barrons.com
Stocks Lost Their Gains Because There’s More News Than the Brexit Deal
The three major U.S. stock market indexes were close to flat following a slide in IBM and mixed news about the economy.
- MarketWatch
The Dow's decline belies broader market rally--blame IBM
The Dow Jones Industrial Average could blame International Business Machines Corp.'s stock for falling into negative territory Thursday, despite gains in the broader stock market amid bullish breadth data. The Dow, which was up as much as 110 points earlier in the session, but was now down 11 points, or less than 0.1%, in midday trading, although 18 of 30 components were trading higher. IBM's stock was the Dow's biggest lower, falling $8.93, or 6.3%, to shave about 61 points off the Dow's price, after the technology company reported third-quarter results late Wednesday. Meanwhile, the S&P 500 was up 0.2% and the Nasdaq Composite was up 0.3%. The number of advancing stocks outnumbered decliners 1,725 to 1,060 on the NYSE and 1,786 to 940 on the Nasdaq, while volume in advancing stock represented 57.1% of total volume on the Big Board and 63.3% of total volume on the Nasdaq.
- GuruFocus.com
Parnassus Endeavor Fund Buys 4 Stocks in 3rd Quarter
The fund’s largest new position is in Arista Networks Continue reading...
- Barrons.com
Here’s How Many Points IBM Has Shaved Off the Dow on Thursday
The Dow has fallen 8.48 points. With IBM stock down 5.7% at $133.97, it is responsible for subtracting 52.04 points from the blue-chip benchmark.
- Zacks
Discovery, The Mosaic Company, Netflix and IBM highlighted as Zacks Bull and Bear of the Day
Discovery, The Mosaic Company, Netflix and IBM highlighted as Zacks Bull and Bear of the Day
- TheStreet.com
IBM's Organic Revenue Growth Still Leaves a Lot to Be Desired
Though the Red Hat acquisition will boost IBM's top line in the coming quarter, many of its existing businesses continue to see little or no revenue growth.
- MarketWatch
IBM earnings show few positives beyond Red Hat, analysts say
Even the bulls had trouble pointing to many positives in IBM’s legacy businesses as the tech giant reported revenue that fell short of expectations.
- Barrons.com
IBM Stock Is Down After Beating Earnings Expectations. Here’s Why.
IBM’s third-quarter per-share earnings beat Wall Street estimates by a penny, but sales were $200 million below expectations.
- MarketWatch
Dow flat despite losses in shares of IBM, Intel
DOW UPDATE Shares of IBM and Intel are posting losses Thursday morning, though the Dow Jones Industrial Average is trading essentially flat. The Dow (DJIA) was most recently trading 3 points, or 0.0%, lower, as shares of IBM (IBM) and Intel (INTC) are contributing -24% of the index's intraday losses.
- Zacks
ETFs in Focus After IBM's Q3 Earnings
ETFs with the highest allocation to IBM will be in focus post its mixed third-quarter 2019 results.
- Investing.com
IBM Falls 5%
Investing.com - IBM (NYSE:IBM) fell by 4.71% to trade at $135.35 by 09:30 (13:30 GMT) on Thursday on the NYSE exchange.
- Benzinga
Brexit Deal Adds To Optimism On The Geopolitical Front
Investors have something to cheer about this morning in addition to an encouraging start to earnings season. News that Britain and the European Union have struck a preliminary Brexit deal boosted market sentiment. While the deal faces opposition from key lawmakers representing Northern Ireland and still has to be approved by Britain’s parliament and other EU member states, the draft deal seems to have gone a long way toward soothing investors worried about the state of the global economy.
- Zacks
IBM Surpasses Earnings, Revenues Fall Shy of Estimates in Q3
IBM's blockchain, cloud and ML capabilities, among others poises its offerings well to gain robust adoption.
- MarketWatch
IBM's stock drop a 60-point drag on the Dow
International Business Machines Corp.'s stock tumbled 6.2% in premarket trading, and was the only Dow Jones Industrial Average component trading lower, after the technology giant topped profit expectations but missed on revenue. The stock's implied price decline would shave about 60 points off the Dow's price, while Dow futures rose 72 points.
