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Stock Market & Financial Investment News

News Breaks
September 8, 2013
12:13 EDTIBMIBM moving retirees off health plan, WSJ says
International Business Machines plans to move around 110,000 retirees off its company-sponsored health plan but will give them a payment to buy coverage on a health-insurance exchange,says the Wall Street Journal. Reference Link
News For IBM From The Last 14 Days
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November 24, 2014
16:08 EDTIBMChinaCache announces strategic partnership with Aspera
ChinaCache (CCIH) announced that it has formed a strategic partnership with Aspera to provide best-performance high-speed data transmission services for large files. Aspera, an IBM (IBM) company, developed the technologies that move the world's data at maximum speeds. ChinaCache will combine its high quality CDN network service with Aspera's FASP™ transmission technology to ensure high-speed transmission of large data files around the globe, with the added benefits of safety, controllability, cost-effectiveness and flexibility. The combination can increase the data transmission speed by 3 to 184 times, while enhancing the connectivity and stability of networks, as well as the security of data transmission.
14:24 EDTIBMIBM off highs after CNBC refutes earlier Icahn rumor
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14:18 EDTIBMIcahn has 'no involvement' in IBM, CNBC reports
Sources say Carl Icahn has "absolutely no involvement" in IBM, reported CNBC's Scott Wapner on Twitter, noting that the stock "had moved earlier on rumor that he did." Reference Link
09:57 EDTIBMRumor: IBM moves up on renewed activist investor speculation
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08:56 EDTIBMEricsson, IBM collaborate to research phased-array antenna designs for 5G
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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
16:39 EDTIBMBerkshire Hathaway gives quarterly update on stakes
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