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International Business Machines Corp (IBM.N)

IBM.N on New York Stock Exchange

121.73USD
15 Jan 2019
Change (% chg)

$1.34 (+1.11%)
Prev Close
$120.39
Open
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$120.82
Volume
950,526
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52-wk High
$171.12
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Latest Key Developments (Source: Significant Developments)

Exxonmobil And IBM To Advance Energy Sector Application Of Quantum Computing
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - Exxon Mobil Corp ::EXXONMOBIL AND IBM TO ADVANCE ENERGY SECTOR APPLICATION OF QUANTUM COMPUTING.  Full Article

Juniper Networks - Entered Into Master Services Agreement With IBM
Monday, 7 Jan 2019 

Jan 7 (Reuters) - Juniper Networks Inc::JUNIPER NETWORKS - ENTERED INTO MASTER SERVICES AGREEMENT WITH IBM.JUNIPER NETWORKS - IBM WILL PROVIDE CO WITH RANGE OF INFORMATION TECHNOLOGY SERVICES.JUNIPER NETWORKS - EXPECTS THAT CERTAIN EMPLOYEES WILL BECOME EMPLOYEES OF IBM.JUNIPER NETWORKS - UPON EXPIRATION OR TERMINATION OF AGREEMENT, WILL HAVE RIGHTS TO HIRE CERTAIN IBM PERSONNEL.JUNIPER NETWORKS - EXPECTS TO PAY IBM ABOUT $325 MILLION, INCLUDING FOR TRANSITION SERVICES.JUNIPER NETWORKS - TO PAY IBM THROUGH FIXED & VARIABLE FEES.  Full Article

Red Hat Reports Q3 Earnings Per Share $0.51
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Red Hat Inc ::RED HAT REPORTS THIRD QUARTER RESULTS FOR FISCAL YEAR 2019.Q3 REVENUE $847 MILLION VERSUS REFINITIV IBES ESTIMATE OF $852.8 MILLION.Q3 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.96.Q3 EARNINGS PER SHARE $0.51.Q3 EARNINGS PER SHARE ESTIMATE $0.87 -- REFINITIV IBES DATA.SUBSCRIPTION REVENUE FOR QUARTER WAS $741 MILLION, UP 13% YEAR-OVER-YEAR.RED HAT - DUE TO PENDING TRANSACTION WITH INTERNATIONAL BUSINESS MACHINES CORPORATION, CO WILL NOT BE UPDATING ITS OUTLOOK FOR FISCAL 2019.RED HAT - DUE TO PENDING TRANSACTION WITH INTERNATIONAL BUSINESS MACHINES CORPORATION, CO WILL NOT BE HOSTING CONF CALL FOR Q3 2019 RESULTS.QTRLY APPLICATION DEVELOPMENT-RELATED AND OTHER EMERGING TECHNOLOGY SUBSCRIPTION REVENUE OF $207 MILLION, UP 28% YEAR-OVER-YEAR.  Full Article

IBM CEO Ginni Rometty on tech regulation says regulation slows down an economy - CNBC Interview
Thursday, 6 Dec 2018 

Dec 6 (Reuters) - :IBM CEO GINNI ROMETTY ON TECH REGULATION SAYS REGULATION SLOWS DOWN AN ECONOMY BUT IT IS IMPORTANT TO REGULATE, LEGISLATE A PROBLEM- CNBC INTERVIEW.  Full Article

IBM Credit LLC Files For Three Part Note Offering For $2 Bln
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - International Business Machines Corp ::IBM CREDIT LLC FILES FOR THREE PART NOTE OFFERING FOR $2 BILLION - SEC FILING.IBM CREDIT LLC- FILES FOR OFFERING OF $750 MILLION FLOATING RATE NOTES DUE 2020, $750 MILLION 3.450% NOTES DUE 2020 AND $500 MILLION 3.600% NOTES DUE 2021.  Full Article

Red Hat Acquires Hybrid Cloud Data Management Provider NooBaa
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - Red Hat Inc ::RED HAT ACQUIRES HYBRID CLOUD DATA MANAGEMENT PROVIDER NOOBAA.RED HAT INC - ACQUIRED NOOBAA, AN EARLY STAGE COMPANY DEVELOPING SOFTWARE FOR MANAGING DATA STORAGE SERVICES ACROSS HYBRID AND MULTICLOUD ENVIRONMENTS.  Full Article

IBM CEO Ginni Rometty calls for regulation of consumer tech companies - CNBC
Monday, 26 Nov 2018 

Nov 26 (Reuters) - :IBM CEO GINNI ROMETTY CALLS FOR REGULATION OF CONSUMER TECH COMPANIES , SAYS DOMINANT COS HANDLE DATA IRRESPONSIBLY - CNBC.IBM'S CEO, SPEAKING WITH EU COMMISSIONERS IN BRUSSELS, SAYS TARGETED REGULATION OF CONSUMER TECH COS WILL PROMOTE COMPETITION - CNBC.  Full Article

Nielsen Holdings To Name IBM's David Kenny As CEO- WSJ
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - :NIELSEN HOLDINGS TO NAME IBM'S DAVID KENNY AS CEO- WSJ.  Full Article

IBM Board Authorizes $4 Billion For Stock Repurchase
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - International Business Machines Corp ::BOARD APPROVES QUARTERLY CASH DIVIDEND; AUTHORIZES $4 BILLION FOR STOCK REPURCHASE.BOARD APPROVES QUARTERLY CASH DIVIDEND; AUTHORIZES $4 BILLION FOR STOCK REPURCHASE.SETS REGULAR QUARTERLY CASH DIVIDEND OF $1.57PER SHARE.$4 BILLION FOR STOCK REPURCHASE IS IN ADDITION TO APPROXIMATELY $1.4 BILLION REMAINING AT END OF SEPTEMBER 2018 FROM A PRIOR AUTHORIZATION.WITH THIS NEW AUTHORIZATION, IBM WILL HAVE APPROXIMATELY $5.4 BILLION FOR ITS STOCK REPURCHASE PROGRAM..  Full Article

IBM Intends To Finance Red Hat Merger With Combination Of Cash & Debt Financing
Monday, 29 Oct 2018 

Oct 29 (Reuters) - International Business Machines Corp ::INTENDS TO FINANCE RED HAT MERGER WITH COMBINATION OF CASH & DEBT FINANCING - SEC FILING.ENTERED COMMITMENT LETTER FOR 364-DAY SENIOR UNSECURED BRIDGE FACILITY OF UPTO $20 BILLION TO FUND MERGER.  Full Article

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Ford and IBM among quartet in Congo cobalt blockchain project

LONDON Carmaker Ford , technology giant IBM , South Korean cathode maker LG Chem and China's Huayou Cobalt have joined forces in the first blockchain project to monitor cobalt supplies from Democratic Republic of Congo.