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International Business Machines Corp (IBM.N)

IBM.N on New York Stock Exchange

139.70USD
18 Aug 2017
Change (% chg)

$-1.00 (-0.71%)
Prev Close
$140.70
Open
$140.60
Day's High
$141.10
Day's Low
$139.60
Volume
1,107,480
Avg. Vol
1,156,059
52-wk High
$182.78
52-wk Low
$139.60

Latest Key Developments (Source: Significant Developments)

Soros Fund Management dissolves share stake in IBM
Monday, 14 Aug 2017 05:57pm EDT 

Aug 14 (Reuters) - Soros Fund Management::Soros Fund Management dissolves share stake in IBM - SEC filing.Soros Fund Management takes share stake in Nike Inc for 4,700 Class B shares.Soros Fund Management - Change in holdings are as of June 30, 2017 and compared with the previous quarter ended as of March 31, 2017‍​.  Full Article

IBM gets notification of unsolicited “mini-tender” offer by baker mills to buy co's shares ‍​
Monday, 7 Aug 2017 04:37pm EDT 

Aug 7 (Reuters) - International Business Machines Corp :On Aug 4, co got notification of unsolicited “mini-tender” offer by Baker Mills to buy up to 10,000 shares of co at $130.00 per share in cash ‍​.Does not endorse Baker’S mini-tender offer and recommends that IBM stockholders do not tender their shares in response to the offer.IBM says Baker’S mini-tender offer is at a price below the current market price for IBM’s shares.  Full Article

Berkshire Hathaway says it had $27.3 bln stake in Wells Fargo as of June 30
Friday, 4 Aug 2017 05:23pm EDT 

Aug 4 (Reuters) - Berkshire Hathaway Inc ::Berkshire says Berkshire Hathaway Energy to buy remaining 19.97% minority interest in Oncor through deals separate from agreement with Energy Future Holdings.Berkshire Hathaway Inc says it had $19.4 billion stake in Apple Inc as of June 30, 2017.Berkshire Hathaway says it had $27.3 billion stake in Wells Fargo & Co as of June. 30, 2017 – sec filing.Berkshire Hathaway says it had $8.3 billion stake in IBM as of June 30, 2017.Berkshire Hathaway had reported $27.8 billion stake in Wells Fargo & Co as of March 31, 2017‍​.Berkshire Hathaway had reported $19.2 billion stake in Apple Inc as of march 31, 2017‍​.Berkshire Hathaway had reported $11.2 billion stake in IBM as of march 31, 2017.Berkshire Hathaway says Berkshire currently owns 26.7% of the outstanding shares of Kraft Heinz common stock‍​.  Full Article

iKang Group enters into partnership with Baheal Intelligent Technology
Friday, 28 Jul 2017 08:08am EDT 

July 28 (Reuters) - iKang Healthcare Group Inc -:iKang Group announces partnership to establish ibm watson oncology centers in china.iKang - partnership with Baheal Intelligent Technology to introduce IBM Watson for oncology cognitive computing solutions into ikang service platform.  Full Article

IBM expects 2017 pre-tax retirement-related plan cost to be about $2.9 bln - SEC filing‍​
Tuesday, 25 Jul 2017 05:04pm EDT 

July 25 (Reuters) - International Business Machines Corp :IBM - expects 2017 pre-tax retirement-related plan cost to be about $2.9 billion, an increase of about $900 million compared to 2016 - SEC filing‍​.IBM - within total retirement-related plan cost, operating retirement-related plan cost is expected to be about $1.4 billion for 2017.  Full Article

IBM sets regular quarterly cash dividend of $1.50 per share
Tuesday, 25 Jul 2017 11:23am EDT 

July 25 (Reuters) - IBM ::Sets regular quarterly cash dividend of $1.50 per share.  Full Article

IBM reports Q2 operating earnings $2.97/shr
Tuesday, 18 Jul 2017 04:06pm EDT 

July 18 (Reuters) - International Business Machines Corp :IBM reports 2017 second-quarter results.Q2 revenue $19.3 billion versus I/B/E/S view $19.46 billion.Sees FY 2017 non-GAAP operating earnings per share at least $13.80.Sees FY 2017 GAAP earnings per share at least $11.95.IBM qtrly ‍diluted EPS from continuing operations: GAAP of $2.48; operating (non-GAAP) of $2.97​.IBM - Q2 operating non-GAAP gross profit margin from continuing operations ‍47.2​ percent versus 44.5 percent in Q1.IBM - second-quarter cloud revenues increased 15 percent (up 17 percent adjusting for currency) to $3.9 billion.IBM - strategic imperatives revenue of $34.1 billion over trailing 12 months, up 11 percent.IBM - maintains full-year EPS and free cash flow expectations.Q2 earnings per share view $2.74 -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $13.68 -- Thomson Reuters I/B/E/S.IBM's CEO says "‍continue to innovate, adding regtech capabilities to our portfolio of watson offerings"​.  Full Article

IBM collaborates with Stockx to design, build and deploy a new app on IBM Cloud
Thursday, 13 Jul 2017 09:00am EDT 

July 13 (Reuters) - International Business Machines Corp ::IBM - collaboration with Stockx to design, build and deploy a new app on IBM Cloud.  Full Article

IBM and Automation Anywhere team up to help businesses streamline operations​
Thursday, 13 Jul 2017 08:00am EDT 

July 13 (Reuters) - International Business Machines Corp :IBM - ‍cos plan to integrate Automation Anywhere's Robotic Process Automation (RPA) platform with IBM's portfolio of digital process automation software​.  Full Article

Lightbend announces close of $15 mln funding round investors
Wednesday, 12 Jul 2017 07:30am EDT 

July 12 (Reuters) - International Business Machines Corp :Lightbend announces close of $15 million funding round; investors involved in round include Bain Capital Ventures, Blue Cloud Ventures, IBM, Intel Capital​.  Full Article