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Business Video

IBM revenue misses as server, software sales slow

IBM Corp reported a bigger-than-expected drop in revenue on Tuesday, hit by slowing software sales and wavering demand for mainframe servers, pointing to a bumpy recovery for the technology services giant that is in the midst of a turnaround.

World stocks extend rise after blockbuster U.S. earnings

Forecast-beating U.S. company earnings improved the mood on world equity markets on Wednesday, as Asian and European shares put aside concerns on global growth and trade and took their cue from Wall Street's best one-day rise in eight months.

Markets

S&P » 2,809.92 +2.15%
Dow » 25,798.42 +2.17%
FTSE 100 » 7,074.57 +0.21%
Nikkei 225 » 22,841.12 +1.29%
US 10YR
+3.163
+0.007
DE 10YR
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-0.020
JP 10YR
+0.147
+0.001
USD / EUR » 0.8645 +0.07%
USD / GBP » 0.7606 +0.32%
USD / JPY » 112.2100 -0.04%