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Stock Market & Financial Investment News

News For STM;IBM From The Last 14 Days
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July 7, 2015
07:01 EDTIBMAllen & Company to hold a conference
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July 1, 2015
06:03 EDTIBMIBM completes sale of its semiconductor business to Globalfoundries
IBM announced that the acquisition of the company's global commercial semiconductor technology business by Globalfoundries has been completed. With the closing of this transaction, Globalfoundries becomes IBM's exclusive semiconductor processor technology provider for the next 10 years.
05:53 EDTIBMIBM and BOE sign agreement to develop health management platform, DigiTimes says
IBM and BOE have signed an agreement to develop a new health management data platform, reports DigiTimes. The companies will form a team to build health management systems specializing in cognitive computing and other health management areas. Reference Link
June 30, 2015
05:59 EDTIBMGartner: Worldwide IT spending on pace to decline 5.5% in 2015
Worldwide IT spending is on pace to total $3.5T in 2015, a 5.5% decline from 2014, according to the latest forecast by Gartner, Inc. Analysts attribute the decline to the rising U.S. dollar. In constant-currency terms, the market is projected to grow 2.5%. In Gartner's previous forecast in April, it had forecast IT spending to decline 1.3% in U.S. dollars and grow 3.1% in constant currency. "We want to stress that this is not a market crash. Such are the illusions that large swings in the value of the U.S. dollar versus other currencies can create," said John-David Lovelock, research vice president at Gartner. "However, there are secondary effects to the rising U.S. dollar. Vendors do have to raise prices to protect costs and margins of their products, and enterprises and consumers will have to make new purchase decisions in light of the new prices." Communications services will continue to be the largest IT spending segment in 2015 with spending at nearly $1.5T. However, this segment is also experiencing the strongest decline among the five IT sectors. In the device market, mobile phones continue to be the leading segment, with growth in Apple phones, especially in China, keeping overall phone spending consistent. However, overall smartphone unit growth will start to flatten. The PC and tablet market continues to weaken. The expected 10 percent increase in average PC pricing in currency-impacted countries is going ahead, delaying purchases even more than expected. Excessive PC inventory levels, especially in Western Europe, need to be cleared, which will delay Windows 10 inventory in the second half of the year. Within the data center systems segment, storage and network markets are both expected to see weaker growth in U.S. dollar terms as a result of the appreciation of the U.S. dollar. Reference Link
June 29, 2015
06:05 EDTIBMNotebook demand expected to be weaker than expected in 2H15, DigiTimes reports
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June 25, 2015
07:17 EDTIBMRed Hat to hold a summit
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June 24, 2015
17:57 EDTIBMWall Street applauds Senate giving go-ahead for 'fast track' trade powers
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16:21 EDTIBMOn The Fly: Top stock stories for Wednesday
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12:30 EDTIBMOn The Fly: Top stock stories at midday
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09:10 EDTIBMOn The Fly: Pre-market Movers
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05:10 EDTIBMIBM, Box announce global partnership
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