The shares of International Business Machines Corp. (NYSE:IBM) witnessed 1% increase after the company announced additional $5 billion contribution to its share repurchase program. The company announced dividend of $1.10 per common share and by paying its December dividend, the company would complete regular quarterly dividend payments since 1916. According to the news release on…
International Business Machines Corp. (IBM) Ready to Pay Up To $1.5 Billion For Its Chip Unit
It didn’t came as much of a surprise for the market when International Business Machines Corp. (NYSE:IBM) announced to pay $1.5 billion to Globalfoundries for taking its blue chip unit. The technology company was in talks with Globalfoundries for the past several months considering its ailing chip manufacturing business. International Business Machines Corp. (NYSE:IBM) gave…
The Valspar Corporation (VAL), International Business Machines Corp. (IBM), Microsoft Corporation (MSFT): Top 3 Stock Holdings of Palisade Asset Management, LLC
Palisade Asset Management was founded in 2002 and it has a current investment portfolio of $487 million with The Valspar Corporation (NYSE:VAL), International Business Machines Corp. (NYSE:IBM), Microsoft Corporation (NASDAQ:MSFT) as its top stock holdings in accordance with its latest SEC 13F filing on October 9. Palisade Asset Management has its primary investment in material…
International Business Machines Corp. (IBM) Ready to Reinitiate Talks to Spin off its Ailing Chip Unit
International Business Machines Corp. (NYSE:IBM) is likely to resume its discussion with Globalfoundries Inc to spin off its chip-manufacturing unit. This is the second time these two companies are entering negotiations as Globalfoundries rejected IBM’s $1 billion offer to take the unit during previous discussions in July. According to the sources, International Business Machines Corp.…
International Business Machines Corp. (IBM) Sells Its x86 Server Business To Lenovo Group Limited (LNVGY)
Lenovo Group Limited (ADR) (OTCMKTS:LNVGY) and International Business Machines Corp. (NYSE:IBM) announced on September 29, 2014 with an official statement that IBM’s x86 server business will be acquired by Lenovo Group Limited (ADR) (OTCMKTS:LNVGY). Lenovo will pay approximately $2.1 billion for this acquisition which will make the company third largest player in x86 server market.…
Apple Inc. (AAPL) and International Business Machines Corp. (IBM) Are Working Together to Increase Sales Of iPhones and iPads
In an exclusive interview, Apple CEO, Tim Cook, shaded more light on how International Business Machines Corp. (NYSE:IBM) will help Apple Inc. (NASDAQ:AAPL) make entry into the enterprise market after the two companies announced a partnership in July. The core of the partnership is to have the two companies work in tandem to bring devices…
Facebook Inc (FB) Surpasses International Business Machines Corp (IBM) and The Coca-Cola Company (KO) in Market Capitalization
Facebook Inc (NASDAQ:FB) is, for all reasons, the biggest name in social media for past several years and the tech-giant has added another feather to its hat. Facebook Inc (NASDAQ:FB) has surpassed both International Business Machines Corp (NYSE:IBM) and The Coca-Cola Company (NYSE:KO) in terms of market capitalization. Facebook Inc (NASDAQ:FB) has become the fastest…
VMware, Inc. (VMW) Challenges Microsoft Corporation (MSFT) and International Business Machines Corp. (IBM) with All-In-One Offerings
VMware, Inc. (NYSE:VMW) is aiming for a bigger slice of the pie — the $440 billion data-center industry long dominated by rivals such as Microsoft Corporation (NASDAQ:MSFT) and International Business Machines Corp. (NYSE:IBM) with a new line of all-in-one products and related partnerships. Today at the VMworld conference in San Francisco, the initiatives being announced…
Apple Inc. (AAPL), International Business Machines Corp. (IBM), and Intel Corporation (INTC) among top three holdings of Bridgewater Associates, LP
Ray Dalio’s Bridgewater Associates LP filed its 13F form on August 12, 2014 with declared net value of $13,605 million and 66 new positions in the SEC filing. There were some major changes in the top holdings of Bridgewater Associates with 88.91% increase in Apple Inc. (NASDAQ:AAPL)’s shares, 55.18% increase in International Business Machines Corp.…
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