Buffett cuts stake in IBM and shares slide
Warren Buffett says he's sold about a third of the 81 million shares he holds in IBM, sending the stock down sharply in early trading.
Warren Buffett says he's sold about a third of the 81 million shares he holds in IBM, sending the stock down sharply in early trading.
Business
May 5, 2017
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International Business Machines Corp. (IBM) on Thursday reported fourth-quarter profit of $4.5 billion.
Business
Jan 19, 2017
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IBM said Tuesday it is raising its quarterly dividend to $1.30 from $1.10, an increase of 18 percent.
Business
Apr 28, 2015
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Apple and IBM, once the most unlikely of allies, on Wednesday announced the first fruits of a partnership aimed at developing new mobile software—and selling more mobile devices—to business customers.
Business
Dec 10, 2014
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IBM will pay $1.5 billion to Globalfoundries in order to shed its costly chip division.
Business
Oct 20, 2014
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IBM is raising its quarterly dividend by 16 percent to $1.10 per share from 95 cents per share.
Business
Apr 29, 2014
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Investors Wednesday pummelled IBM after the computer and technology giant reported disappointing sales and said most of its 2014 earnings would come in the latter half of the year.
Business
Jan 22, 2014
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IBM's board has approved the repurchase of $15 billion of its common stock.
Business
Oct 29, 2013
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IBM said Wednesday that its third-quarter net income rose 6 percent, but its revenue fell and missed Wall Street's expectations by more than $1 billion. The company's stock fell in extended trading.
Business
Oct 16, 2013
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(AP)—IBM is buying human resources management company Kenexa Corp. for about $1.3 billion, adding to its stable of cloud-based software.
Business
Aug 27, 2012
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