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Stock Market & Financial Investment News

News Breaks
July 5, 2014
17:38 EDTLNVGY, IBMChina regulators approve Lenovo-IBM server pact, Reuters says
China's regulators approved Lenovo Group's (LNVGY) proposed $2.3B deal to buy IBM's (IBM) low-end server business, says Reuters. Reference Link
News For IBM;LNVGY From The Last 14 Days
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August 4, 2015
07:30 EDTIBMNational Instruments to hold a user conference
NI Week 2015 is being held in Austin, Texas on August 3-6 where the webcasted keynote presentation is being held on August 4 at 12 pm. Webcast Link
August 3, 2015
10:09 EDTIBMRumor: IBM moves off lows amid renewed activist investor speculation
08:25 EDTIBMMobileye, Delphi named Volkswagen supplier partners for ADAS
On Friday, Volkswagen Group (VLKAY) announced it has nominated the first 44 suppliers who will be collaborating with the Group on a new common strategic level under the joint "Future Automotive Supply Tracks," or "FAST," initiative. "These suppliers were chosen for their outstanding performance in their respective field of competence based on a systematic selection process," Volkswagen stated. Mobileye (MBLY) and Delphi (DLPH) were each named as partners for ADAS, or advanced driver assistance systems. Other supplier partners named by the German automaker included NVIDIA (NVDA), Vodafone (VOD), IBM (IBM), Avis Budget (CAR), Corning (GLW), Honeywell (HON), BP (BP) and Exxon Mobil (XOM).
July 31, 2015
10:02 EDTLNVGYOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ACE Limited (ACE) upgraded to Outperform at Bernstein on Chubb deal potential... Aixtron (AIXG) upgraded to Outperform from Neutral at Exane BNP Paribas... Anglo American (AAUKY) upgraded to Neutral from Underperform at Exane BNP Paribas... Antero Resources (AR) upgraded to Buy from Accumulate at KLR Group... Autoliv (ALV) upgraded to Outperform from Neutral at Credit Suisse... Barrick Gold (ABX) upgraded to Hold from Sell at Canaccord... California Water Service (CWT) upgraded to Buy from Neutral at Hilliard Lyons... Calpine (CPN) upgraded to Buy from Hold at Evercore ISI... CenturyLink (CTL) upgraded to Hold from Underperform at Jefferies... China Unicom (CHU) upgraded to Hold from Reduce at HSBC... Chubb (CB) upgraded to Outperform from Market Perform at Bernstein... Delphi (DLPH) upgraded to Buy from Outperform at CLSA... Diebold (DBD) upgraded to Outperform from Neutral at Wedbush... Discovery (DISCA) upgraded to Neutral from Sell at UBS... Eldorado Gold (EGO) upgraded to Buy at Canaccord... GoPro (GPRO) upgraded to Buy with $90 price target at Citi... Guidance Software (GUID) upgraded to Buy from Hold at Gabelli... H&E Equipment (HEES) upgraded to Buy from Neutral at UBS... Integra LifeSciences (IART) upgraded to Overweight from Neutral at JPMorgan... Lenovo (LNVGY) upgraded to Hold from Underperform at Jefferies... Methanex (MEOH) upgraded to Buy from Hold at TD Securities... Molina Healthcare (MOH) upgraded on strong results at Stifel... NCI, Inc. (NCIT) upgraded to Outperform from Market Perform at Cowen... Nationstar (NSM) upgraded to Market Perform from Underperform at FBR Capital... NetScout (NTCT) upgraded at Sterne Agee CRT... Pacira (PCRX) upgraded to Neutral from Underperform at BofA/Merrill... Premiere Global (PGI) upgraded to Strong Buy from Outperform at Raymond James... Regal Entertainment (RGC) upgraded to Outperform from Neutral at Wedbush... ResMed (RMD) upgraded to Overweight from Equal Weight at Morgan Stanley... RingCentral (RNG) upgraded to Strong Buy from Outperform at Raymond James... Robert Half (RHI) upgraded to Buy from Hold at Jefferies... SkyWest (SKYW) upgraded to Buy from Hold at Evercore ISI... Stratasys (SSYS) upgraded to Overweight from Neutral at Piper Jaffray... Under Armour (UA) upgraded to Buy from Hold at Argus... Western Union (WU) upgraded to Equal Weight from Underweight at Barclays... Yahoo Japan (YAHOY) upgraded to Buy from Hold at Jefferies... eHealth (EHTH) upgraded to Neutral from Underperform at BofA/Merrill.
06:32 EDTLNVGYLenovo upgraded to Hold from Underperform at Jefferies
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July 30, 2015
06:48 EDTIBMCVS Health announces partnership with IBM Watson
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06:48 EDTLNVGYGlobal tablet market fell 7% y/y in Q2, DigiTimes reports
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July 29, 2015
09:07 EDTIBMIBM partners with Rochester Institute of Technology in cybersecurity lab
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July 28, 2015
15:15 EDTIBMIBM says may see $250M pre-tax charge due to U.K. pension case
In a regulatory filing, IBM disclosed that proceedings to determine remedies in IBM UK's legal proceedings in London against the IBM UK Pensions Trust were held in July 2014, and in February 2015 the High Court held that for IBM to make changes to accruals under the plan would require a new consultation of the participants, but other changes, including to early retirement policy, would not require such consultation. IBM UK has appealed both the breach and remedies judgments and a decision is not expected until at least 2016. If the appeal is unsuccessful, the Courtís rulings would require IBM to reverse the changes made to the UK defined benefit plans retroactive to their effective dates. This could result in an estimated non-operating one-time pre-tax charge of approximately $250M, plus ongoing defined benefit related accruals. In addition, IBM UK is a defendant in approximately 290 individual actions brought since early 2010 by participants of the defined benefits plans who left IBM UK. These actions, which allege constructive dismissal and age discrimination, are pending before the Employment Tribunal in Southampton UK, IBM stated.
July 27, 2015
12:30 EDTIBMIBM invests $60M over three years in African Skills Initiative
IBM announced an investment of $60M over three years to develop the next generation of technical talent in Africa. As part of the initiative, IBM is expanding the Africa Technical Academy and the company's Africa University Programme to over 20 African countries. IT professionals across the continent are set to benefit with advanced skills in analytics, cloud and big data technologies which are crucial to the next phase of Africa's economic and social development. The courses are available at no cost and are facilitated by both IBM online trainers and certified faculty in the participating universities.
July 26, 2015
14:44 EDTIBMAmazon cloud sales signal risk for traditional data storage, Barron's says
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July 24, 2015
16:30 EDTIBMStocks end week lower as Apple headlines busy week of earnings
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July 23, 2015
12:01 EDTIBMIBM acquires Compose, terms not disclosed
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