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Stock Market & Financial Investment News

News Breaks
April 28, 2014
11:12 EDTIBMIBM introduces IBM Cloud Marketplace
On a company blog , IBM introduced a cloud-based marketplace which will be one of the primary channels through which the company will deliver IBM as a Service. IBM will collaborate with partners from its global ecosystem to deliver hundreds of cloud services for the enterprise. The company's SVP Robert LeBlanc said in part: "The IBM Cloud marketplace, a new digital channel for IBM, is part of a shift in how we deliver capabilities... We have designed the marketplace to be a compelling destination for business leaders, IT managers and application developers to visit—via their PCs, tablets or smartphones–and find solutions to their business and technology needs...The IBM Cloud Marketplace is the new digital front door for IBM. We are designing it to be as welcoming and as useful as they have every right to expect, and we are committed to making continuous improvements. The goal is transforming IBM into a cloud company and delivering IBM as a Service–and the launch of the IBM Cloud Marketplace is a major step along that path." Reference Link
News For IBM From The Last 14 Days
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April 17, 2015
09:32 EDTIBMIBM acquires Explorys from Heritage Group
Explorys, a portfolio company of venture capital firm Heritage Group, has been acquired by IBM in an agreement signed April 13. In May 2012, big data company Explorys received a significant investment from the Heritage Healthcare Innovation Fund, a $167M strategic venture fund that invests in businesses that reduce healthcare costs, improve outcomes and increase the efficiency of delivery.
06:33 EDTIBMChina suspends new bank technology policy, NY Times reports
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April 15, 2015
15:14 EDTIBMIBM April volatility elevated into Q1 and outlook
IBM April weekly call option implied volatility is at 31, May is at 22, June is at 18; compared to its 26-week average of 20 according to Track Data, suggesting large near term price movement into the expected release of Q1 results after the market close on April 21.
08:43 EDTIBMIBM estimates lowered at Credit Suisse ahead of the Q1 report
Credit Suisse lowered IBM estimates ahead of the Q1 report on April 20 and reiterated its Underperform rating and $125 price target on the stock. The firm's Q1 estimates for EPS and revenue go to $2.84/$19.8B versus consensus of $2.86/$19.9B and FY15 to $15.59/$85B versus consensus of $15.98/$85.4B. Credit Suisse concerns remain a weak order book and a reduction in industry-wide deal sizes, margin dilution from the cloud despite any revenue growth, less effective restructuring, and internal turmoil and underinvestment.
April 13, 2015
17:13 EDTIBMIBM Medtronic to partner to improve diabetes care
IBM (IBM) and Medtronic (MDT) announced that they will work together to combine powerful analytics and cognitive computing with diabetes medical devices and health data to develop a new generation of personalized diabetes management solutions. People using Medtronic diabetes solutions could benefit from new solutions developed in collaboration with IBM's newly-formed Watson Health unit.
17:12 EDTIBMIBM acquires Cleveland-based Explorys and Dallas-based Phytel
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17:10 EDTIBMIBM establishes a Watson Health Cloud
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April 8, 2015
12:21 EDTIBMIBM announces U.S. Army is using IBM Hybrid Cloud for logistics
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10:01 EDTIBMIBM announces longstanding collaboration with Care.com
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April 7, 2015
16:55 EDTIBMXerox upgraded to Buy ahead of Q1 results at Citigroup
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09:19 EDTIBMCLSA holds an analyst/industry conference call
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06:31 EDTIBMIBM an unlikely target for activists, Reuters columnist says
Shareholders calling for activist investors to take aim at IBM are likely to be disappointed, according to a Reuters columnist. The company has already carried out a great deal of financial engineering, and it will probably need to spend heavily on R&D and invest in its business for a couple of years in order to turn itself around, the columnist believes. Reference Link

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