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International Business Machines Corp (IBM.N)

IBM.N on New York Stock Exchange

144.48USD
18 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Finjan Holdings Says Unit Entered Into A Patent Assignment And Support Agreement With International Business Machines Corporation
Wednesday, 16 May 2018 

May 16 (Reuters) - Finjan Holdings Inc ::FINJAN HOLDINGS - ON MAY 15, UNIT ENTERED INTO A PATENT ASSIGNMENT AND SUPPORT AGREEMENT WITH INTERNATIONAL BUSINESS MACHINES CORPORATION.FINJAN HOLDINGS INC SAYS TERMS OF PATENT ASSIGNMENT AGREEMENT ARE CONFIDENTIAL - SEC FILING.FINJAN HOLDINGS INC - PURSUANT TO PATENT ASSIGNMENT AGREEMENT, IBM ASSIGNED TO FINJAN BLUE 30 U.S. PATENTS, 11 RELATED INTERNATIONAL PATENTS.FINJAN HOLDINGS - PURSUANT TO PATENT ASSIGNMENT DEAL, IBM ALSO ASSIGNED TO UNIT 1 EUROPEAN PENDING PATENT APPLICATION FOR UNDISCLOSED AMOUNT IN CASH.  Full Article

Host Hotels & Resorts Announced Development Agreement With IBM Research
Thursday, 26 Apr 2018 

April 26 (Reuters) - Host Hotels & Resorts Inc ::HOST HOTELS & RESORTS INC - ANNOUNCED A DEVELOPMENT AGREEMENT WITH IBM RESEARCH.HOST HOTELS & RESORTS INC - COMPANIES WILL COLLABORATE TO DEVELOP PREDICTIVE MODELS DESIGNED TO IMPROVE INVESTMENT DECISIONS.  Full Article

IFTTT Raises $24Mln in Funding to Build a More Connected World
Thursday, 26 Apr 2018 

April 26 (Reuters) - International Business Machines Corp ::IFTTT - $24 MILLION IN FUNDING LED BY SALESFORCE VENTURES WITH PARTICIPATION FROM IBM, CHAMBERLAIN GROUP, AND FENOX VENTURE CAPITAL.  Full Article

Fortinet Says Collaborated With IBM On New IBM X-Force Threat Management Services
Tuesday, 17 Apr 2018 

April 17 (Reuters) - Fortinet Inc ::FORTINET INC - COLLABORATED WITH IBM ON NEW IBM X-FORCE THREAT MANAGEMENT SERVICES.  Full Article

IBM Adopts New FASB Guidance On Pension Reporting Change Effective In 2018
Thursday, 29 Mar 2018 

March 29 (Reuters) - International Business Machines Corp ::IBM - IBM ADOPTS NEW FASB GUIDANCE ON PENSION REPORTING CHANGE EFFECTIVE IN 2018.IBM - IMPACT OF THE CHANGES ESSENTIALLY OFFSET EACH OTHER WITHIN CO'S 2018 EXPECTATIONS OF AT LEAST $13.80 OF OPERATING EPS.IBM SAYS ADOPTION OF NEW REVENUE RECOGNITION GUIDANCE, EXPECTED TO MODESTLY INCREASE IBM'S OPERATING NON-GAAP EPS IN 2018 - SEC FILING.IBM - 2016 OPERATING EPS REDUCED BY $0.15 TO $13.44 AND 2017 OPERATING EPS REDUCED BY $0.14 TO $13.66.  Full Article

IBM Says To Reduce Share Count By About 2 Percent Annually Through Share Buybacks In Longer Term Model
Thursday, 8 Mar 2018 

March 8 (Reuters) - International Business Machines Corp ::IBM SAYS LONGER-TERM FINANCIAL MODEL POSITIONED FOR LOW SINGLE-DIGIT REVENUE GROWTH - SEC FILING.IBM SAYS LONGER-TERM FINANCIAL MODEL POSITIONED FOR HIGH SINGLE-DIGIT EPS GROWTH.IBM SAYS WILL REDUCE SHARE COUNT BY ABOUT 2 PERCENT ANNUALLY THROUGH SHARE BUYBACKS IN LONGER TERM MODEL.  Full Article

Italy's Banca Carige signs IT outsourcing deal with IBM
Friday, 2 Feb 2018 

Feb 2 (Reuters) - Italy's Banca Carige says::SIGNS IT OUTSOURCING DEAL WITH IBM.APPROVED 2018 BUDGET GUIDELINES.CONFIRMS TARGETS IN ITS 2017-2020 INDUSTRIAL PLAN.  Full Article

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

Abu Dhabi's Mubadala to launch $400 million European tech fund

ABU DHABI Abu Dhabi's Mubadala Investment Company said on Wednesday it plans to launch a $400 million (300 million pounds) fund to invest in leading European technology companies.