News: International Business Machines Corp (IBM.N)

IBM.N on New York Stock Exchange

172.22USD
22 May 2015
Change (% chg)

$-1.12 (-0.65%)
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Thu, May 21 2015

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Lenovo annual profit up 1 percent, missing forecasts, amid China smartphone competition

BEIJING/HONG KONG - Lenovo Group Ltd , the world's biggest PC maker by sales, said on Thursday its annual net profit rose 1 percent to $829 million, slightly below analyst expectations, as intense competition in the Chinese smartphone market eroded margins. | Video

UPDATE 2-Lenovo annual profit up 1 pct, missing forecasts, amid China smartphone competition

* FY revenue up 20 pct to $4.6 bln (Adds details and CEO comments)

Lenovo annual profit up 1 pct, misses forecasts, on IBM, Motorola deals

BEIJING, May 21 - Lenovo Group Ltd, the world's leading PC maker, said on Thursday its annual net profit rose one percent to $829 million, below analysts expectations, after completing two major acquisitions.

Buffett's Berkshire adds to favorites IBM, Wells Fargo

- Warren Buffett's Berkshire Hathaway Inc on Friday said it has boosted its holdings in some of the billionaire's favorite companies, including Wells Fargo & Co and International Business Machines Corp.

UPDATE 1-Buffett's Berkshire adds to favorites IBM, Wells Fargo

May 15 - Warren Buffett's Berkshire Hathaway Inc on Friday said it has boosted its holdings in some of the billionaire's favorite companies, including Wells Fargo & Co and International Business Machines Corp.

Buffett's Berkshire adds to some of its biggest stock holdings

May 15 - Warren Buffett's Berkshire Hathaway Inc on Friday said it has increased its holdings in some of its biggest stock investments, including Wells Fargo & Co and International Business Machines Corp.

11th Circuit says IBM had power to lower sales commission

- A U.S. appeals court on Monday rejected an IBM Corp software salesman's challenge to the company's ability to slash a commission he earned for his role in a "blockbuster deal" with Bank of America.

BRIEF-Monitise and IBM win Société Générale's mobile banking contract

* Société Générale has announced launch of new mobile banking offering, developed with support of IBM and Monitise that it will gradually roll out across Africa Source text for Eikon: Further company coverage:

Buffett defends core holdings like IBM, Coca-Cola, in interview

NEW YORK - Billionaire investor Warren Buffett defended some of his core holdings in a televised interview on Monday, but reiterated that equities in general would look expensive in an environment with normal interest rates. | Video

UPDATE 1-Buffett defends core holdings like IBM, Coca-Cola, in interview

NEW YORK, May 4 - Billionaire investor Warren Buffett defended some of his core holdings in a televised interview on Monday, but reiterated that equities in general would look expensive in an environment with normal interest rates.

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