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International Business Machines Corp (IBM.N)

IBM.N on New York Stock Exchange

120.89USD
11 Dec 2018
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Latest Key Developments (Source: Significant Developments)

HCL Technologies To Acquire Select IBM Software Products For $1.8 Bln
Thursday, 6 Dec 2018 05:47pm EST 

Dec 6 (Reuters) - International Business Machines Corp ::HCL TECHNOLOGIES TO ACQUIRE SELECT IBM SOFTWARE PRODUCTS FOR $1.8B.IBM - HCL AND IBM HAVE AN ONGOING IP PARTNERSHIP FOR FIVE OF THE SELECT IBM SOFTWARE PRODUCTS.  Full Article

IBM CEO says "We support the European Commission's draft regulation aimed at removing online terrorism activity" - Spokesman
Monday, 26 Nov 2018 01:49pm EST 

Nov 26 (Reuters) - :IBM CEO, SPEAKING AT AN EVENT IN BRUSSELS, SAYS WHEN IT COMES TO CONSUMER TECH COMPANIES IT'S NO LONGER CASE OF IF THERE WILL BE REGULATION BUT WHEN - SPOKESMAN.IBM CEO ON CONSUMER-FACING TECH COMPANIES SAYS "PLATFORMS WHICH TOLERATE DISSEMINATION OF ILLEGAL CONTENT SHOULD NOT BE SHIELDED FROM LIABILIT" - SPOKESMAN.IBM CEO SAYS THAT "TARGETED REGULATION WILL PROMOTE COMPETITION AND CORRECT A POWER IMBALANCE IN THE CONSUMER AND PLATFORM RELATIONSHIP" - SPOKESMAN.IBM CEO SAYS “WE SUPPORT THE EUROPEAN COMMISSION’S DRAFT REGULATION AIMED AT REMOVING ONLINE TERRORISM ACTIVITY" - SPOKESMAN.IBM CEO SAYS "GENESIS OF THE TRUST CRISIS IS THE IRRESPONSIBLE HANDLING OF PERSONAL DATA BY A FEW DOMINANT CONSUMER-FACING PLATFORMS" - SPOKESMAN.  Full Article

IBM And Nvidia Collaborate To Expand Open Source Machine Learning Tools For Data Scientists
Wednesday, 10 Oct 2018 06:00am EDT 

Oct 10 (Reuters) - International Business Machines Corp ::IBM AND NVIDIA COLLABORATE TO EXPAND OPEN SOURCE MACHINE LEARNING TOOLS FOR DATA SCIENTISTS.IBM-PLANS TO INCORPORATE NEW RAPIDS OPEN SOURCE SOFTWARE INTO ENTERPRISE-GRADE DATA SCIENCE PLATFORM FOR ON-PREMISES, HYBRID, MULTICLOUD ENVIRONMENTS.  Full Article

Zitovault Licenses Cryptoscale Patent To IBM
Wednesday, 22 Aug 2018 09:00am EDT 

Aug 22 (Reuters) - International Business Machines Corp ::ZITOVAULT LICENSES CRYPTOSCALE™ PATENT TO IBM.ZITOVAULT - SETTLED PATENT INFRINGEMENT CASE AGAINST IBM BROUGHT ON BY ZITOVAULT, LLC BEFORE U.S. DISTRICT COURT FOR NORTHERN DISTRICT OF TEXAS.ZITOVAULT - PURSUANT TO SETTLEMENT, LAWSUIT WILL BE DISMISSED.  Full Article

IBM Enters New Infrastructure Outsourcing Agreement With KMD
Thursday, 28 Jun 2018 09:00am EDT 

June 28 (Reuters) - International Business Machines Corp ::SAYS ENTERED INTO A NEW INFRASTRUCTURE OUTSOURCING AGREEMENT WITH KMD.SAYS TOTAL CONTRACT VALUE EXCEEDS $320 MILLION USD.  Full Article

IBM Acquires Oniqua
Friday, 15 Jun 2018 12:00pm EDT 

June 15 (Reuters) - International Business Machines Corp ::IBM ACQUIRES ONIQUA, STRENGTHENS LEADING IOT CAPABILITIES TO HELP BUSINESSES PROACTIVELY MAINTAIN VITAL ASSETS.IBM - FINANCIAL TERMS AND CONDITIONS WERE NOT RELEASED.  Full Article

Berkshire Hathaway dissolves stake in Graham Holdings, cuts stake in Phillips 66
Tuesday, 15 May 2018 04:31pm EDT 

May 15 (Reuters) - Berkshire Hathaway Inc ::DISSOLVED ITS SHARE STAKE IN IBM CORP <<>>, ACCORDING TO 13F FILING WITH U.S. SEC.BERKSHIRE HATHAWAY DISSOLVES SHARE STAKE IN GRAHAM HOLDINGS CO <<>>.BERKSHIRE HATHAWAY CUTS SHARE STAKE IN PHILLIPS 66 <<>> BY 43.4 PERCENT TO 45.7 MILLION SHARES.  Full Article

Buffett Says Berkshire Hathaway Has Zero Shares In IBM Right Now - CNBC
Friday, 4 May 2018 08:00am EDT 

May 4 (Reuters) - :BUFFETT SAYS BERKSHIRE HATHAWAY HAS ZERO SHARES IN IBM RIGHT NOW - CNBC.  Full Article

Carige to sell 1 bln euros of bad loans, 700 mln euros of unlikely to pay
Tuesday, 27 Mar 2018 01:47pm EDT 

March 27 (Reuters) - Italian lender Banca Carige says::APPROVES 2018-2020 NON PERFORMING EXPOSURES PLAN TO SELL GROSS BAD LOANS OF UP TO 1 BILLION EUROS AND UNLIKELY TO PAY LOANS OF 500 MILLION EUROS IN 2018 AND A FURTHER 200 MILLION EUROS OF UNLIKELY TO PAY LOANS IN 2019.SALE OF 1 BILLION EUROS OF BAD LOANS WILL BE CARRIED OUT WITH GACS STATE-BACKED GUARANTEES.PRELIMINARY ESTIMATES USING IFRS9 PRINCIPLES POINT TO IMPACT ON FULLY-LOADED CET1 RATIO OF ABOUT -160 BASIS POINTS.APPROVES DEAL WITH IBM FOR OUTSOURCING ITS IT SYSTEM.ACKNOWLEDGES MARKET CONDITIONS ARE NOT THERE FOR ISSUANCE OF SUBORDINATED BOND WITH "EXPECTED CHARACTERISTICS".  Full Article

IBM Continues To Expect Operating EPS To Be At Least $13.80 For FY2018
Tuesday, 20 Mar 2018 09:25am EDT 

March 20 (Reuters) - International Business Machines Corp ::IBM - CONTINUES TO EXPECT OPERATING EPS TO BE AT LEAST $13.80 FOR FY2018, EXPECTS TO DELIVER BETWEEN 17% AND 18% OF FY EXPECTATION IN Q1.FY2018 EARNINGS PER SHARE VIEW $13.83 -- THOMSON REUTERS I/B/E/S.  Full Article

2nd Circuit revives lawsuit over IBM employee stock plan

A U.S. appeals court on Monday revived a lawsuit accusing IBM Corp of causing a drop in the value of its employee stock option plan by failing to disclose that one of its divisions was overvalued, but refrained from issuing a broader ruling on the standard for weighing such claims.