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June 24, 2014
06:01 EDTIBM, TMToyota selects IBM to build development platform for advanced in-car services
IBM (IBM) announced it has been selected by Toyota (TM) to build and design a new application development platform that will foster the creation of in-car services to improve the driver experience. The project is part of Toyota's new telematics service, called T-Connect, and aims to accelerate application development and deployment as well as enhance in-car services that will shape the future of connected vehicles.
News For TM;IBM From The Last 14 Days
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November 30, 2015
07:31 EDTIBMCredit Suisse to hold a conference
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November 29, 2015
12:57 EDTIBMHigh-yield tech stocks could offer significant returns, Barron's says
Growth-focused investors have piled into Facebook (FB), Alphabet (GOOG, GOOGL), Salesforce (CRM), and others, but if the "current situation" changes, high-yield stocks with compelling valuations could grab some of the spotlight, Barron's contends in a feature story. The publication names Seagate (STX), Garmin (GRMN), Qualcomm (QCOM), Hewlett-Packard (HPQ), IBM (IBM), and Western Digital (WDC) as attractive plays, noting that their dividends -- ranging 3.2% to 7.3% -- look secure and offer nice rewards for those willing to wait for potential turnarounds or strategic transactions. Reference Link
November 25, 2015
08:37 EDTTMToyota to recall Takata air bag inflators previously ruled safe, NY Times says
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06:29 EDTTMTakata manipulated air bag testing data as early as 2000, NY Times reports
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05:58 EDTTMToyota recalls 1.6M cars after Nissan air bag injury, Bloomberg reports
Toyota (TM) reissued a recall for 1.6M cars in Japan over Takata air bags, reports Bloomberg. The recall comes after a component that was deemed safe in a Nissan (NSANY) vehicle ended up injuring a passenger last month. Reference Link
November 23, 2015
10:37 EDTTMFord no longer using Takata air bag inflators in future cars, AP reports
Ford (F) will stop using air bag inflators manufactured by Takata (TKTDY) in future vehicles, the Associated Press reports. The company joins Honda (HMC), Toyota (TM), and Nissan (NSANY) in choosing not to put the inflators in vehicles currently under development, the report says. Reference Link
08:20 EDTIBMMerge Healthcare, eviCore partner to streamline medical imaging process
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November 20, 2015
10:00 EDTIBMOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Acceleron (XLRN) initiated with an Outperform at Oppenheimer... CSRA (CSRA) initiated with an Outperform at Cowen... HP Enterprise (HPE) initiated with a Neutral at Baird... Hortonworks (HDP) initiated with a Buy at Needham... IBM (IBM) initiated with an Outperform at JMP Securities... ITC Holdings (ITC) initiated with a Buy at Citi... Sucampo (SCMP) initiated with a Hold at Jefferies.
07:13 EDTIBMIBM initiated with an Outperform at JMP Securities
JMP Securities analyst Greg McDowell initiated IBM with an Outperform rating and $167 price target on shares. McDowell believes sentiment is too negative and investors do not appreciate its leadership position in multiple technology categories and sticky customer base, the potential for a crossover point within the next two years, when the fast-growing revenue components of the business will offset declines in the more mature businesses, its revenue diversity, with software now a significant portion of revenue and hardware less, and its capacity for self-renewal.
November 19, 2015
13:45 EDTIBMIBM mulling 3,000 job cuts in Germany, Reuters says
IBM is weighing cutting 3,000 jobs in Germany over the next two years, Reuters reports, citing Wirschafts Woche magazine. The magazine was quoting a union leader who sits on the firm's supervisory board, the report says. Reference Link
November 18, 2015
09:32 EDTTMThe House Oversight & Government Reform Committee to hold a hearing
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06:32 EDTTMToyota's Mirai gaining traction in California, Reuters says
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November 17, 2015
06:31 EDTIBMBerkshire buys more IBM shares, WSJ says
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November 16, 2015
07:50 EDTIBMUBS to hold a conference
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05:42 EDTIBMXilinx, IBM announce strategic collaboration
IBM (IBM), and Xilinx (XLNX) announced a multi-year strategic collaboration to enable higher performance and energy-efficient data center applications through Xilinx FPGA-enabled workload acceleration on IBM POWER-based systems. IBM and Xilinx, through a private signed agreement and collaboration through the OpenPOWER Foundation, are teaming to develop open acceleration infrastructures, software and middleware to address emerging applications such as machine learning, network functions virtualization, or NFV, genomics, high performance computing, or HPC, and big data analytics. As part of the IBM and Xilinx strategic collaboration, IBM Systems Group developers will create solution stacks for POWER-based servers, storage and middleware systems with Xilinx FPGA accelerators for data center architectures such as OpenStack, Docker, and Spark. IBM will also develop and qualify Xilinx accelerator boards into IBM Power Systems servers. Xilinx is developing and will release POWER-based versions of its leading software defined SDAccel Development Environment and libraries for the OpenPOWER developer community. Additionally, IBM and Xilinx will continue to further utilize IBM's innovative Coherent Accelerator Processor Interface, or CAPI, to deliver accelerated computing value to its clients. CAPI, a unique feature built into the POWER architecture, provides Xilinx and the technology industry at large with the ability to build tightly integrated, coherent solutions right on top of the POWER architecture.

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