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International Business Machines Corp (IBM.N)

IBM.N on New York Stock Exchange

162.37USD
19 Jan 2018
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$-6.75 (-3.99%)
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Latest Key Developments (Source: Significant Developments)

IBM Says Expect Revenue Growth, Margin Stabilization In 2018 - Conf Call
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - International Business Machines Corp ::IBM SAYS AS WE ENTER 2018, PROJECTED SERVICES REVENUE FROM CURRENT BACKLOG POINTS TO IMPROVED SERVICES REVENUE TRAJECTORY IN 2018 VERSUS 2017 - CONF CALL.IBM SAYS "CONTINUE TO MAKE PROGRESS IN EMERGING AREAS LIKE BLOCKCHAIN" - CONF CALL.IBM-FOR US, BLOCKCHAIN IS A SET OF TECHNOLOGIES THAT ALLOW CLIENTS TO SIMPLIFY COMPLEX, END-TO-END PROCESSES IN A WAY THAT COULDN'T HAVE BEEN DONE BEFORE.IBM SAYS EXPECT REVENUE GROWTH AND MARGIN STABILIZATION IN 2018 - CONF CALL.IBM SAYS IN 2018, WE'LL MAINTAIN A HIGH LEVEL OF INVESTMENT- CONF CALL.IBM SAYS "TAX REFORM PROVIDES ADDITIONAL FLEXIBILITY OVER THE LONGER TERM"- CONF CALL.IBM - TAX REFORM TRANSLATES TO ONGOING OPERATING RATE FOR 2018 OF 16%, PLUS OR MINUS 2 POINTS, WHICH IS A 4-POINT HEADWIND YEAR-TO-YEAR- CONF CALL.IBM SAYS THERE ARE 2 ACCOUNTING CHANGES THAT WILL BE EFFECTIVE IN 2018- CONF CALL.IBM SAYS EXPECT TO DELIVER OPERATING EARNINGS PER SHARE OF AT LEAST $13.80 IN 2018 - CONF CALL.IBM SAYS EXPECT TO DELIVER BETWEEN 17% AND 18% OF THE FULL YEAR EXPECTATION OF AT LEAST $13.80 IN THE FIRST QUARTER - CONF CALL.IBM SAYS EXPECT FREE CASH FLOW OF ABOUT $12 BILLION IN 2018- CONF CALL.IBM SAYS ANTICIPATE A POTENTIAL TAX DISCRETE BENEFIT IN FIRST QUARTER- CONF CALL.  Full Article

IBM Q4 Gaap Loss Per Share $1.14 From Continuing Operations
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - IBM ::REPORTS 2017 FOURTH-QUARTER AND FULL-YEAR RESULTS.Q4 REVENUE $22.5 BILLION VERSUS I/B/E/S VIEW $22.05 BILLION.Q4 GAAP LOSS PER SHARE $1.14 FROM CONTINUING OPERATIONS.Q4 EARNINGS PER SHARE VIEW $5.17 -- THOMSON REUTERS I/B/E/S.- FULL-YEAR STRATEGIC IMPERATIVES REVENUE OF $36.5 BILLION, UP 11 PERCENT.- ‍FOURTH-QUARTER GAAP EPS FROM CONTINUING OPERATIONS INCLUDES A ONE-TIME CHARGE OF $5.5 BILLION ASSOCIATED WITH ENACTMENT OF U.S. TAX REFORM​.- FOURTH-QUARTER STRATEGIC IMPERATIVES REVENUE UP 17 PERCENT.- ‍FOURTH-QUARTER OPERATING NON-GAAP EPS OF $5.18​.- ‍FOURTH-QUARTER CLOUD REVENUES INCREASED 30 PERCENT TO $5.5 BILLION​.- QTRLY OPERATING NON-GAAP GROSS PROFIT MARGIN OF 49.5 PERCENT VERSUS 47.6 PERCENT IN Q3.- 2018 WILL BE ALL ABOUT REINFORCING CO'S LEADERSHIP POSITION IN KEY HIGH-VALUE SEGMENTS OF IT INDUSTRY, INCLUDING CLOUD, AI, SECURITY,BLOCKCHAIN‍​.  Full Article

Maersk And IBM To Form Joint Venture Applying Blockchain To Improve Global Trade And Digitize Supply Chains
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - International Business Machines Corp ::MAERSK AND IBM TO FORM JOINT VENTURE APPLYING BLOCKCHAIN TO IMPROVE GLOBAL TRADE AND DIGITIZE SUPPLY CHAINS.IBM - ‍MAERSK AND IBM HAVE NAMED MICHAEL J. WHITE, FORMER PRESIDENT OF MAERSK LINE IN NORTH AMERICA, AS CEO OF NEW COMPANY​.IBM - UPON REGULATORY CLEARANCE, SOLUTIONS FROM JOINT VENTURE EXPECTED TO BECOME AVAILABLE WITHIN SIX MONTHS.IBM - AIM OF NEW CO WILL BE TO OFFER A JOINTLY DEVELOPED GLOBAL TRADE DIGITIZATION PLATFORM DESIGNED FOR USE BY ENTIRE GLOBAL SHIPPING ECOSYSTEM.IBM - NEW COMPANY WILL BE HEADQUARTERED IN NEW YORK METROPOLITAN AREA.IBM - NEW CO INITIALLY PLANS TO COMMERCIALIZE TWO CORE CAPABILITIES AIMED AT "DIGITIZING GLOBAL SUPPLY CHAIN FROM END-TO-END".IBM - CORE CAPABILITIES THAT NEW CO INITIALLY PLANS TO COMMERCIALIZE INCLUDE A SHIPPING INFORMATION PIPELINE & PAPERLESS TRADE.IBM - ADDITIONAL GOVERNMENT AUTHORITIES, INCLUDING SINGAPORE & PERUVIAN CUSTOMS, WILL EXPLORE COLLABORATING WITH JV PLATFORM TO FACILITATE TRADE FLOWS.IBM - GLOBAL TERMINAL OPERATORS APM TERMINALS AND PSA INTERNATIONAL WILL USE JV PLATFORM TO "ENRICH" PORT COLLABORATION AND IMPROVE TERMINAL PLANNING.  Full Article

IBM - Martin J. Schroeter, CFO, To Take A New Role As Senior Vice President, Global Markets
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - International Business Machines Corp ::IBM - MARTIN J. SCHROETER, SENIOR VICE PRESIDENT AND CFO, TO TAKE A NEW ROLE AS SENIOR VICE PRESIDENT, GLOBAL MARKETS, EFFECTIVE JAN 11, 2018.IBM - ‍JAMES KAVANAUGH WILL BECOME SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, EFFECTIVE JANUARY 11, 2018 - SEC FILING​.  Full Article

IBM Responds To Report Of Staff Reassignment
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - International Business Machines Corp ::IBM, ASKED ABOUT REPORT ON STAFF REASSIGNMENT, SAYS "WE DO NOT COMMENT ON SPECULATION".SAYS MANY CONSULTANTS' RECOMMENDATIONS REMAIN JUST RECOMMENDATIONS.  Full Article

Priceline.Com And IBM Settle Patent Lawsuits
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - International Business Machines Corp :PRICELINE.COM AND IBM SETTLE PATENT LAWSUITS.IBM - ‍AS PART OF CONFIDENTIAL SETTLEMENT, PARTIES WILL OBTAIN PATENT CROSS-LICENSES TO EACH COMPANY'S WORLDWIDE PATENT PORTFOLIO​.  Full Article

OCP And IBM Form Joint Venture
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Ocp Sa [RIC:RIC:OS.UL]::AND IBM FORM JOINT VENTURE TO ACCELERATE DIGITAL TRANSFORMATION FOR MOROCCAN AND AFRICAN COMPANIES‍​.  Full Article

Berkshire Hathaway cuts share stake in IBM, Charter, ups stake in Apple
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Berkshire Hathaway Inc ::Cuts share stake in IBM by 31.5 percent to 37 million shares - SEC filing.Takes share stake in Bank of America.Reports share stake of 679 million shares in Bank of America.Ups share stake in Apple by 3 percent to 134.1 million shares.Cuts share stake in Charter Communications by 10.1 percent to 8.5 million Class A shares.Change in holdings are as of Sept. 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

Element AI bags former IBM chief innovation officer
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - International Business Machines Corp :Element AI says former IBM chief innovation officer Linda Bernardi joins Element AI as chief product and strategy officer​.  Full Article

IBM ‍announced new offerings to its Watson Data Platform, including data cataloging and data refining​
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - International Business Machines Corp :IBM - ‍Announced new offerings to its Watson Data Platform, including data cataloging and data refining​.  Full Article

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Weaker dollar adds to optimism over U.S. earnings

NEW YORK The dollar's drop to three-year lows this week after prolonged weakness in 2017 is expected to further boost profits at big U.S. companies when investor optimism is already high over corporate tax cuts.