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Stock Market & Financial Investment News

News Breaks
July 1, 2014
09:31 EDTIBMIBM, Banco Popular sign IT agreement
Banco Popular has signed a strategic outsourcing agreement with IBM to help the bank transform its technology infrastructure, including its private cloud. The bank expects to increase efficiency and flexibility as part of its growth strategy. The agreement may result in an accumulated savings of $200M over the 10 years of the agreement. Cloud solutions provide Banco Popular with flexibility, speed and a model to allow for innovation and future growth.Under the framework of the agreement, Banco Popular will transfer to IBM 41 technology infrastructure employees.
News For IBM From The Last 14 Days
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September 16, 2014
07:19 EDTIBMCompanies' share buybacks at fasttest clip since 2007, WSJ reports
Companies are buying back their own shares at its fastest pace since the financial crisis to fuel a stock rally, reports the Wall Street Journal. According to Birinyi Associates, companies have bought back $338.3B of stock in 1H14, the most since 2007. Citing an analysis by Barclays, companies with the largest buyback programs by dollar value have outperformed the broader market by 20% since 2008. Reference Link
September 15, 2014
12:00 EDTIBMIBM, Yonyou announce collaboration
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07:22 EDTIBMAir Force Association to hold a conference
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07:19 EDTIBMSNIA to hold a conference
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September 9, 2014
08:03 EDTIBMAspera, EVS and Elemental deploy HD live video streaming cloud system
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