International Business Machines Corporation (IBM)
Pre-market:
| Previous close | 164.43 |
| Open | 164.35 |
| Bid | 0.00 x 1300 |
| Ask | 164.87 x 800 |
| Day's range | 162.62 - 164.88 |
| 52-week range | 120.55 - 199.18 |
| Volume | |
| Avg. volume | 4,628,309 |
| Market cap | 151.285B |
| Beta (5Y monthly) | 0.71 |
| PE ratio (TTM) | 18.65 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 6.68 (4.06%) |
| Ex-dividend date | 09 May 2024 |
| 1y target est | N/A |
- Barrons.com
Remembering Joe Rosenberg, a Wall Street Veteran and Man of All Markets
Rosenberg, a keen observer of financial markets and the longtime chief investment officer at Loews, died Monday at 91.
- Reuters
UPDATE 2-IBM wins reversal of $1.6 billion judgment to BMC over software contract
A federal appeals court on Tuesday overturned a judgment requiring IBM to pay rival BMC Software $1.6 billion, after a judge found IBM improperly replaced BMC's mainframe software at AT&T with its own. The 5th U.S. Circuit Court of Appeals in New Orleans said a lower court judge's determination concerning liability was in error. Writing for a three-judge panel, U.S. Circuit Judge Edith Jones said AT&T, one of BMC's biggest clients, had switched to IBM software "independently" and that BMC had "lost out to IBM fair and square."
- Reuters
IBM wins reversal of $1.6 billion judgment to BMC over software contract
(Reuters) -A federal appeals court on Tuesday overturned a judgment requiring IBM to pay rival BMC Software $1.6 billion, after a judge found IBM improperly replaced BMC's mainframe software at AT&T with its own. The 5th U.S. Circuit Court of Appeals in New Orleans said a lower court judge's determination concerning liability was in error. Writing for a three-judge panel, U.S. Circuit Judge Edith Jones said AT&T, one of BMC's biggest clients, had switched to IBM software "independently" and that BMC had "lost out to IBM fair and square."
