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Stock Market & Financial Investment News

News Breaks
August 7, 2014
18:03 EDTIBM, CSCCSC, IBM expand alliance to accelerate customers transition to the cloud
Leading technology companies CSC (CSC) and IBM (IBM) announced they are building on their existing alliance with new ways to help global customers accelerate their transition to the cloud. Both companies will collaborate on consulting, apps modernization tools, big data and analytics, cloud and mobile capabilities, and security to create a single, consumable services framework.
News For CSC;IBM From The Last 14 Days
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November 19, 2014
09:02 EDTIBMVeolia Environment, IBM announce new partnership
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November 18, 2014
11:48 EDTIBMIBM introduces new e-mail application for business
IBM announced earlier today that it is reinventing enterprise email with a new freemium social collaboration offering that uses built-in analytics to give individuals a new way to converse, find the right people and information fast, and get work done. The company added, "IBM Verse stems from the company's $100M investment in design innovation and brings together its leading cloud, analytics, social and security platforms to transform the future of work. IBM Verse takes a vastly different approach to enterprise email by integrating the many ways employees connect each day – via email, meetings, calendars, file sharing, instant messaging, social updates, video chats and more – through a single collaboration environment. It is the first messaging system to feature 'faceted search,' which enables users to pinpoint and retrieve specific information they're seeking across all the various types of content within their email. IBM Verse uses built-in analytics to provide an 'at-a-glance' view that intelligently surfaces an individual's most critical actions for the day. By learning unique employee preferences and priorities over time, it provides instant context about a given project as well as the people and teams collaborating on it. This is in contrast to most freely available mail services that mine a user's inbox to increase advertising and monetize that data in other ways – an unwelcome proposition for business users concerned about privacy or which operate in regulated industries such as healthcare and finance.Clients using IBM Verse will also have the future option to embed a Watson feature into their collaboration environment, which enables users to query Watson on a given topic and receive a direct reply with answers ranked by degree of confidence."
07:36 EDTIBMUBS to hold a conference
Global Technology Conference to be held in Sausalito, California on November 18-20 with webcasted company presentations to begin on November 18 at 10:45 am; not all company presentations may be webcasted. Webcast Link
06:57 EDTIBMCray price target raised to $40 from $35 at Stifel
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05:29 EDTIBMIBM signs EUR 1B contract with Lufthansa
IBM (IBM) announced that it has signed a seven-year EUR 1B outsourcing contract to deliver IT infrastructure services for the Deutsche Lufthansa AG (DLAKY) and its Group companies. According to the agreement, which is subject in particular to the approval of the Lufthansa Supervisory Board and antitrust authorities, IBM will first optimize the airline's IT processes to increase efficiency, which is expected to generate an estimated cost savings by an average of approximately EUR 70M annually for the Lufthansa Group. This agreement is in line with the terms and conditions as published already in October. As part of the outsourcing agreement, IBM will manage Lufthansa Systems' entire data center operations, help desk and printer services along with individual infrastructure services. Around 1,400 Lufthansa Systems employees will transfer to IBM. Infrastructure services are scheduled to begin from IBM on April 1, 2015. The contract was signed November 15, 2014.
November 17, 2014
07:52 EDTIBMDepartment of Energy awards $425M for supercomputing technologies
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November 14, 2014
16:52 EDTCSCGreenlight Capital gives quarterly update on stakes
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16:39 EDTIBMBerkshire Hathaway gives quarterly update on stakes
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November 13, 2014
13:28 EDTIBMBlackBerry hits 52-week high after unveiling partnerships
Shares of BlackBerry (BBRY) hit a new 52-week high after the company announced three new partnership deals. The company is slated to hold its analyst day today, starting at 3:30 PM ET. WHAT'S NEW: BlackBerry announced that it would partner with Samsung to provide a security solution for the South Korean company's mobile devices that utilize Google's (GOOG) Android operating system. Under the deal, BlackBerry’s BES12, an Enterprise Mobility Management system, or EMM that was launched today, will be integrated with some of Samgung's Galaxy smartphones and tablets. BES 12 "securely manages devices from all of the major enterprise mobile platforms" and "will help organizations securely connect employees with each other and with the corporate information and machines” they need, BlackBerry stated. Also today, Blackberry announced that it would connect its EMM solutions to Salesforce's (CRM) top customer relationship management platform. "This agreement will allow Salesforce and BlackBerry joint customers to run their businesses from their phone while complying with specific industry regulations," said Vivek Kundra, a Salesforce Executive Vice President in a statement. "BlackBerry has an excellent reputation in security and networks, and when matched with the Salesforce Customer Success Platform, public sector organizations can use their mobile devices to connect with customers in a whole new way," added Kundra. Finally, BlackBerry announced that Brightstar would distribute BES 12. BlackBerry described Brightstar as "the world's largest wireless distribution company and leader in services for the wireless industry." WHAT'S NOTABLE: BES12 is expected to compete with Apple (AAPL) in the enterprise space. Apple earlier this year announced that it was partnering with IBM (IBM) in an effort to sell more products to corporate customers. PRICE ACTION: In mid-afternoon trading, BlackBerry jumped 6% to $11.95. Earlier today the shares set a new 52-week high of $12.05.
12:02 EDTIBMIBM signs 10-year, large-scale services agreement with WOOX Innovations
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November 12, 2014
07:48 EDTIBMWells Fargo to hold a conference
5th Annual Technology, Media & Telecom Conference is being held in New York on November 12-13.
07:13 EDTIBMIBM data solutions selected by Kenya Power
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06:03 EDTIBMAcacia Research enters into settlement and patent license agreement with IBM
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November 11, 2014
13:08 EDTIBMIBM CFO says not looking for big, transformative acquisitions
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November 10, 2014
10:28 EDTIBMIBM announces collaboration with with NVIDIA and Julich Supercomputing
IBM (IBM), in collaboration with NVIDIA (NVDA), and the Julich Supercomputing Center, part of the largest research center in Germany, announced plans for a new competency center to advance the creation and optimization of research applications on GPU-accelerated OpenPOWER compatible systems.
07:12 EDTIBMCA Technologies to hold a conference
CA World 2014 is being held in Las Vegas on November 9-12.

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