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International Business Machines Corp (IBM)

IBM on New York Consolidated

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22 Jul 2016
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Latest Key Developments (Source: Significant Developments)

IBM qtrly GAAP earnings per share of $2.61
Monday, 18 Jul 2016 04:09pm EDT 

International Business Machines Corp : Says second-quarter revenues from company's strategic imperatives increased 12 percent year to year . Qtrly gaap earnings per share of $2.61; qtrly operating (non-gaap) earnings per share of $2.95 . Fy gaap diluted earnings per share are now expected to be at least $12.23 . There is no change to Ibm's previously provided free cash flow guidance . IBM reports 2016 second-quarter earnings . Q2 revenue $20.2 billion versus I/B/E/S view $20.02 billion . Sees FY 2016 non-gaap operating earnings per share at least $13.50 . IBM says q2 gaap gross profit margin from continuing operations of 47.9 percent versus 46.5 percent in q1 . Gaap gross profit margin from continuing operations of 49.0 percent versus 47.5 percent in Q1 .Q2 earnings per share view $2.89 -- Thomson Reuters I/B/E/S.  Full Article

Microsoft announcing new subscription options for Windows 10 and Surface for Businesses
Tuesday, 12 Jul 2016 08:59am EDT 

: Announcing new subscription options for Windows 10 and Surface For Businesses . Introducing the Surface As A Service program and additions to the Surface enterprise initiative . Announced an expansion of Surface multi-national purchasing program with the addition of CDW, Insight, SHI and zones . Microsoft says businesses can get enterprise-grade security, management capabilities at just $7 a seat/month through cloud solution provider channel . Microsoft says expansion to surface enterprise initiative with 2 new partnerships with IBM, Booz Allen Hamilton to deliver industry specific solutions Source - http://bit.ly/29MFAq6 Further company coverage: [MSFT.O] (Bengaluru Newsroom; +1 646 223 8780).  Full Article

IBM Corp - Collaborative agreement to manage Blackboard Inc's datacenters
Wednesday, 29 Jun 2016 11:19am EDT 

International Business Machines Corp :Announced a collaborative agreement for IBM to manage Blackboard Inc's datacenters and cloud infrastructure.  Full Article

IBM says announced test of potential of blockchain for use in settlements with virtual currency
Thursday, 23 Jun 2016 07:30am EDT 

International Business Machines Corp : Announced thursday a test of potential of blockchain for use in settlements with virtual currency .Mizuho is working with newly-opened ibm bluemix garage in tokyo.  Full Article

Agfa HealthCare collaborates with IBM and Watson
Thursday, 23 Jun 2016 01:28am EDT 

Agfa Gevaert NV :Reported on Wednesday that Agfa HealthCare collaborates with IBM and Watson to advance Cognitive Imaging.  Full Article

WMware, IBM expand cloud partnership with desktop services
Tuesday, 14 Jun 2016 08:05am EDT 

WMware Inc : WMware and IBM expand global cloud partnership with desktop services . The two companies will jointly market and sell WMware horizon air portfolio of cloud services around world throughout year .Availability WMware horizon air on IBM cloud is expected to be available in Q3 2016.  Full Article

IBM signs $300 million services agreement with Emirates Airline
Tuesday, 7 Jun 2016 03:00am EDT 

IBM : IBM signs $300 million services agreement with Emirates Airline . Says has signed a ten-year technology services agreement with Emirates Airline worth approximately $300 million .IBM signs $300 million services agreement with Emirates Airline.  Full Article

Cisco and IBM to collaborate to provide instant internet of things insight at edge of network
Thursday, 2 Jun 2016 08:00am EDT 

Cisco : Announced collaboration with IBM to provide instant internet of things insight at the edge of the network .Cisco and IBM are working with bell Canada to deliver IBM Watson IOT and Cisco edge over 4G Lte network.  Full Article

IBM to acquire EZSource
Wednesday, 1 Jun 2016 08:00am EDT 

International Business Machines Corp : IBM to acquire EZSource to help developers modernize mainframe applications for digital business .Financial terms of deal were not released.  Full Article

True Corp, IBM say will establish a new R&D Center for digital technology in Bangkok - Nikkei
Thursday, 26 May 2016 06:32am EDT 

: True Corp and IBM announced Thursday they will establish a new R&D Center for digital technology, the True IBM Innovation Studio In Bangkok - Nikkei . True Corp CEO Suphachai Chearavanont did not disclose the investment amount - Nikkei .True Corporation CEO Suphachai insisted that the Innovation Studio is not exclusively for the two companies - Nikkei.  Full Article

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IBM's full-year earnings forecast greeted with skepticism

IBM Corp has given itself a tall order - a full-year profit target many analysts think it will have trouble meeting.