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Stock Market & Financial Investment News

News Breaks
June 2, 2014
19:44 EDTIBMIBM discloses conclusion of SEC investigation regarding cloud revenue
The Division of Enforcement of the SEC informed IBM that it has concluded its investigation regarding how IBM reports cloud revenue. IBM was notified that based on the information to date, the Division of Enforcement does not intend to recommend any enforcement action by the commission against IBM.
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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