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Stock Market & Financial Investment News

News Breaks
February 7, 2013
05:03 EDTIBMIBM awarded $69.5M contract for continued support of IESO to operate MDM/R
IBM announced that it has been selected to continue supporting the Independent Electricity System Operator, or IESO, to operate Ontario's Meter Data Management and Repository, or MDM/R, system with new computing infrastructure and an updated operating environment. The 5-year $68.5M contract was awarded following a competitive procurement process and includes options to extend to 7 or 10 years. Under the agreement, IBM will enhance the overall performance of the MDM/R through new computing infrastructure, enhanced web services facility to support increasing volumes of requests for consumption information, enhanced disaster recovery capabilities, and operational improvements with a focus on reducing risk and costs.
News For IBM From The Last 14 Days
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June 18, 2013
07:29 EDTIBMSecurities Industry and Financial Markets Association to host a conference
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June 14, 2013
06:09 EDTIBMIBM revenue can grow again in second half, says Citigroup
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June 12, 2013
15:01 EDTIBMNew Four Horsemen of Tech option implied volatility is mixed
Amazon.com (AMZN) overall option implied volatility of 29 is below its 26-week average of 31, Google (GOOG) is at 24, near its 26-week average of 23, Apple (AAPL) is at 27; below its 26-week average of 29, IBM (IBM) is at 19, above its 26-average of 16 according to Track Data.
13:25 EDTIBMIBM starts U.S. job cuts, Bloomberg says
IBM began cutting U.S. jobs today as part of a $1B plan, announced in April, to trim its global workforce, reports Bloomberg, citing a person familiar with the move. Reference Link
11:51 EDTIBMIBM heading for test of $200 area, levels to watch
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05:51 EDTIBMAmazon, IBM battle over $600M CIA contract, WSJ reports
The fight between IBM (IBM) and Amazon.com (AMZN) over a $600M contract to set up a cloud-computing system for the Central Intelligence Agency shows the growing importance of intelligence-agency business for technology companies, reports the Wall Street Journal. Reference Link
June 10, 2013
07:17 EDTIBMStorage Networking Industry Association to host conference
Storage Plumbing & Data Engineering Conference is being held in Santa Clara on June 10-12.
June 6, 2013
18:03 EDTIBMAT&T, IBM announce eCommerce agreement
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07:22 EDTIBMIDG Enterprise to host a seminar
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June 5, 2013
12:04 EDTIBMJuniper CEO says IBM a key enterprise partner
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07:15 EDTIBMIBM acquisition positive, says RBC Capital
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