Edition:
United States

International Business Machines Corp (IBM)

IBM on New York Consolidated

141.01USD
22 Aug 2017
Change (% chg)

$0.68 (+0.48%)
Prev Close
$140.33
Open
$140.64
Day's High
$141.15
Day's Low
$140.38
Volume
2,544,446
Avg. Vol
4,431,170
52-wk High
$182.79
52-wk Low
$139.13

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

Photo

Nestle, Unilever, Tyson and others team with IBM on blockchain

CHICAGO/NEW YORK, Nestle SA , Unilever Plc , Tyson Foods Inc and other large food and retail companies have joined IBM's project to explore how blockchain technology can help track food supply chains and improve safety, the companies said in a joint statement on Tuesday.