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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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August 29, 2014
06:38 EDTIBMFord, IBM 12-year apartheid case granted dismissal, Reuters says
U.S. District Judge Shira Scheindlin granted Ford (F) and IBM (IBM) dismissal of a 12-year case which accused the companies of backing human rights abuses in South Africa during the apartheid-era, according to Reuters, citing comments from Scheindlin. The judge decided that the lawsuit does not belong in the U.S. court system. Reference Link
August 27, 2014
08:01 EDTIBMIBM, Monitise form global go-to-market and resourcing alliance
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August 26, 2014
09:07 EDTIBMIBM launches first SoftLayer data center in Australia
IBM announced that SoftLayer, an IBM company, plans to launch its first Australian data center in Melbourne in September. It will be the latest of 15 new data centers that IBM plans to open as part of a $1.2B dollar global investment to strengthen and extend its cloud services in Asia Pacific and around the world. .
08:12 EDTIBMIBM selected by Davich Optical to expand global business
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August 22, 2014
07:08 EDTIBMIBM says China bank server business still alive, China Daily reports
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August 21, 2014
11:44 EDTIBMHP hits 52-week high after solid revenue growth, positive analyst commentary
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09:03 EDTIBMIBM cloud technology selected by Wespac
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09:02 EDTIBMIBM's private cloud resilence services selected by Ujjivan Financial
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09:01 EDTIBMIBM partners with Veda
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August 19, 2014
11:05 EDTIBMImperva seen as takeover candidate under new CEO
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08:42 EDTIBMImperva new CEO has history of selling companies, says Sterne Agee
After Imperva (IMPV) appointed Anthony Bettencourt as its new CEO, Sterne Agee says that he has a history of selling companies. The firm believes that Imperva "would likely be an acquisition candidate" for a number of large tech companies such as Cisco (CSC), Juniper (JNPR), HP (HPQ), IBM (IBM), Check Point (CHKP), or F5 (FFIV). Sterne Agee believes that Imperva could be acquired for as much as $45 per share, and it keeps a Buy rating on the stock.

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