|Bid||162.18 x 100|
|Ask||162.22 x 200|
|Day's range||161.30 - 165.40|
|52-week range||139.13 - 182.79|
|PE ratio (TTM)||13.52|
|Forward dividend & yield||6.00 (3.66%)|
|1y target est||N/A|
Let’s check out the Yahoo Finance charts of the day:
Researchers at International Business Machine Corp.’s Thomas J. Watson Research Center say they’re working out the bugs in their next-generation quantum computing chip, which could help derive competitive ...
IBM's fourth-quarter results will broadly underwhelm some investors, given steady revenue headwinds and margin declines,
The bulls today are focusing on the company’s first quarterly revenue increase in nearly six years, dismissing issues of margins as merely some “work to do,” as Morgan Stanley’s Katy Huberty put it. Bears are fixated on the quality of earnings, with various puts and takes following tax reform seeming to muddy the outlook. Katy Huberty, Morgan Stanley: Reiterates an Overweight rating, and raises her price target to $198 from $192.
IBM's results call after U.S. markets closed on Thursday forecast an operating profit of at least $13.80 (9.94 pounds) per share for 2018, compared with $13.80 in 2017 and market expectations of $13.92, according to Thomson Reuters I/B/E/S. The outlook came on the back of the computing services and hardware firm's first quarterly revenue growth in six years. "While slight growth is a modest positive, we were largely underwhelmed by IBM's results, and felt the numbers showed IBM has much more work to do to turn the ship around," Deutsche Bank analyst Sherri Scribner wrote in a client note.
IBM's results call after U.S. markets closed on Thursday forecast an operating profit of at least $13.80 per share for 2018, compared with $13.80 in 2017 and market expectations of $13.92, according to Thomson Reuters I/B/E/S. The outlook came on the back of the computing services and hardware firm's first quarterly revenue growth in six years. IBM's 3.6 percent revenue growth came mostly from a 71 percent jump in sales of its new Z14 mainframe, which was launched in September, and a 27 percent growth in its cloud business.
Among the companies with shares expected to trade actively in Friday's session are International Business Machines Corp., American Express Co., Nike Inc., Berkshire Hathaway Inc., JPMorgan Chase & Co., ...
Stocks took a bit of a hit on Thursday, but looked prepared to start Friday on a high note, brushing off worries of a partial government shutdown. American Express (AXP) is down 3.8% after its mixed earnings report and guidance, and after announcing it will end its buyback program. International Business Machines (IBM) is down 2.7% despite its earnings and revenues coming in ahead of expectations.
IBM Q4 revenues up year over over, driven by better-than-expected growth in Strategic Imperatives (cloud, analytics, mobility and security).
Illinois Tool Works, Aegean Marine Petroleum Network and International Business Machines highlighted as Zacks Bull and Bear of the Day
Now the challenge is to make sure that so-called strategic imperatives such as the cloud and AI account for more than 50% of revenue, just beyond the current level of 49%.
Cryptocurrencies have witnessed another down day with only a handful of them rising. The big brother of digital currencies, Bitcoin, has fallen 16.7% in the last day, trading at $10,116 as of 7:00 AM EST on January 17, 2018. The Ark Web x.0 ETF (ARKW), which is known to track the price of cryptocurrencies, was trading at $49.20 on January 16, 2018.
The company forecast stable margins and revenue growth for 2018, buoyed by growth in its newer businesses such as cloud computing and security services. IBM forecast a 2018 operating tax rate of 16 percent, plus or minus 2 percentage points, compared with a rate of 12 percent in 2017. "Tax will be a headwind in 2018," IBM veteran and new Chief Financial Officer James Kavanaugh said on a conference call.
International Business Machines Corp. reported higher revenue for the first time in 23 quarters and signaled continued growth into 2018, giving Chief Executive Ginni Rometty breathing space as she tries ...
IBM Corp. achieved its first quarter of revenue growth in five years thanks mostly to a huge boon in its system business and the new mainframe.