News: International Business Machines Corp (IBM)

IBM on New York Consolidated

190.01USD
17 Apr 2014
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Thu, Apr 17 2014

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Ford, IBM to face renewed U.S. lawsuit over apartheid-era abuses

NEW YORK - Ford Motor Co and IBM Corp will again have to face a U.S. lawsuit claiming they encouraged race-based human rights abuses in apartheid-era South Africa, despite a series of recent court decisions limiting the right to pursue such cases.

Ford, IBM to face renewed U.S. lawsuit over apartheid-era abuses

NEW YORK, April 17 - Ford Motor Co and IBM Corp will again have to face a U.S. lawsuit claiming they encouraged race-based human rights abuses in apartheid-era South Africa, despite a series of recent court decisions limiting the right to pursue such cases.

Earnings lift S&P 500, Nasdaq; S&P's best week since July

NEW YORK - Stocks ended a holiday-shortened week with mostly modest gains on Thursday, though the S&P 500 notched its biggest weekly advance since July as Morgan Stanley and General Electric rallied after strong results. | Video

US STOCKS-Earnings lift S&P 500, Nasdaq; S&P's best week since July

* S&P 500 scores biggest weekly percentage gain since July

IBM's quarterly revenue sinks to 5-year low as hardware sales fall

- IBM Corp , the world's biggest technology services company, reported its lowest quarterly revenue in five years on Wednesday, as Big Blue struggles with falling demand for its hardware and faces challenges in growth markets like China.

CORRECTED-UPDATE 5-IBM's quarterly revenue sinks to 5-year low as hardware sales fall

(Corrects paragraph 10 to remove reference to Lenovo buying System z. Lenovo is acquiring System x.)

US STOCKS-Wall St edges higher during earnings flurry

* Jobless claims rise less than expected; Philly Fed jumps

REFILE-US STOCKS-Wall St little changed amid earnings flurry

(Replaces extraneous word "market" for "most" in quote in 6th paragraph )

US STOCKS-Wall St to open little changed on mixed earnings

* Futures up: Dow 15 pts, S&P 3 pts, Nasdaq up 12 pts (Recasts, updates prices)

US STOCKS-Weak earnings weigh on futures after rally

NEW YORK, April 17 - U.S. stock index futures were flat and pointed to a lower open on Thursday after three days of gains on Wall Street, weighed by results including those from Google and IBM and ahead of employment and regional business growth data.

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