Accenture’s recent cloud and digital investments pay off in Q2; but margin outlook overshadows
The consulting and outsourcing giant has spent more than US$3bn on 70-or-so acquisitions in the digital and cloud spaces over the past few years
Company
NYSE:IBM
International Business Machines Corp is a provider of hybrid cloud and artificial intelligence (AI) and business services. The company provides integrated solutions and products that use data, information technology in industries and business processes. Its segments include Software, Consulting, Infrastructure and Financing.
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The consulting and outsourcing giant has spent more than US$3bn on 70-or-so acquisitions in the digital and cloud spaces over the past few years
Substantial growth in recurring revenue is helping to provide income predictability.
Wall Street shares closed higher; US Federal gov't shutdown
Proactive takes a look at what was piquing investor interest after the bell in New York
IBM remains in a ‘work-in-progress’ mode, according to Wedbush Securities, which has increased its target price for "Big Blue"
Investments and investor services
The Dow enjoyed its best session in seven weeks, rising 323 points
The system will digitise the supply chain and allow users to track international cargo in real time.
'Meltdown' and 'Spectre' are two related, side-channel attacks against modern CPU microprocessors; AMD it not susceptible to Meltdown but it is to Spectre. Intel chips are susceptible to both
RBC’s analysts said: "A return to gross margin stability coupled with revenue growth in 2018 should set-up the stock for a year of outperformance especially considering the depressed valuation"
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Proactive picks out some highlight stocks from Wednesday's pre-market trade
Hardware & electrical equipment
Proactive takes a look at what was piquing investor interest after the bell in New York
US stocks head higher into the close on Wednesday as the rally continues
Big Blue was wanted in screen-based trading ahead of the market open after releasing third quarter earnings last night
FTSE 100 closed at 7,542, below last Thursday’s closing high of 7,556.24 while the Dow soared above the 23,000 level today
The project is part of IBM’s ‘blockchain as a service’ initiative which was first announced earlier this year.
The company recently signed a multi-year agreement with Bloomberg.
IBM has posted its 21st quarterly decline, reflecting waning legacy businesses
We are looking at what moved the needle last night after hours in New York
It would take the disruptive financial technology behind cryptocurrencies, like Bitcoin, into one of the first implementations within the institutional banking system.
Hardware & electrical equipment
Apple, Google, Facebook, Twitter, Tesla, Microsoft and IBM have accused Donald Trump of putting the environment under threat
After dithering for most of the day blue-chips staged a rousing finale
Weak demand for IT services weighed on IBM's revenue in the first quarter but the company has kept its full year expectations unchanged
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John Allan, who became Tesco chairman in 2015, told the Retail Week Live conference last week that women and people from an ethnic background were in an "extremely propitious period" when it came to getting top jobs in business
US stocks closed higher on Friday, but little changed following Donald Trump’s first speech as President
US stocks ended Tuesday right back where they started, as falling oil prices and forecasts of heightened American fuel output this year, wiped out initial gains on the bourse
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Several major companies have faced the wrath of US President-elect Donald Trump during or since the November elections. Now a foreign-owned business has been put in its place too. But how long will it last in government?
Investors were treated to another stock rotation opportunity – read surprise – on Wednesday when US President-elect Donald Trump struck a conciliatory tone with technology company chiefs in a New York meeting
US stocks closed lower on Wednesday with the S&P 500 marking its biggest one-day decline in two months, as investors reacted to the more-hawkish-than-expected statement from the Federal Reserve
US stocks scaled new record highs on Tuesday, on the eve of the Federal Reserve’s rate decision
Tech stocks have had a rough month since the election of Donald Trump to be next President. But some commentators think there is a silver lining
After a week of haemorrhaging, the tech sector looks like it might be turning a corner – but only as it offers an olive branch to the US President-elect Donald Trump
While the S&P 500 index may have slipped on Friday, and other tech stocks are licking wounds from Donald Trump’s election victory, one stock was bravely leading the risers - and done so in spectacular style: PC graphics maker NVIDIA
Technology giants IBM and Cisco are reported to be interested in acquiring the cyber security firm
Britain's Prime Minister May met US businesses in New York this week. The government has heard the British electorate. Now it wants to canvas the views of US business on Brexit
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Britain’s decision to quit the European Union last month is a bit like a vague black hole, but still investor relations departments from across the United States are signing off company earnings reports and taking questions from analysts wh
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The online film and TV subscription service missed subscription targets for the last quarter leading to a series of downgrades from brokers
US stocks closed firm on Monday, with the bellwether S&P 500 marking a fresh record high, after Bank of America earnings buoyed the market
US stocks rose on Monday, after opening with a mild nosebleed, struggling for direction as investors analysed the turmoil of Turkey’s failed coup and with the second quarter earnings season continuing to pick up pace from last week’s launch
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The two banking giants have picked the stocks they think will emerge unscathed from the Brexit fire
Emirates Airline is the world’s fourth-largest carrier of international passengers and has a fleet of more than 250 planes.
While companies like IBM and Korea's Samsung have led the crusade to make us control our domestic boiler using a smartphone app, it was never going to take an eternity for Google to get in on the act
The same reasoning was behind the gas industry's slowness in adopting a probe and analyser that measures the quality of gas almost instantaneously..
Hardware & electrical equipment
It may have surprised traders and impressed the Apple Inc board but was Warren Buffett's acquisition of $1.1bn-worth of the IT company's shares such a wow moment?
Investments and investor services
It was a nightmare week for shareholders of portable accommodation company Snoozebox Holdings PLC
Signs of stability returning to the battered Chinese economy buoyed markets
US stocks close higher as oil price gains on the back of signs of stability returning to the battered Chinese economy
In the small cap world, the Russell 2,000, was around seven points higher at 1,146.
In the small cap world, the Russell 2,000, was around seven points higher at 1,146.
The US followed European shares, which headed south and as the volatile oil market came into focus again.
Wall St shares retreat after snag in oil supply cuts
Hardware & electrical equipment
Tech giant's bond offering was its fifth since 2013
There were some big names taking a hit on Wednesday shedding light on the state of the global economy and none bigger than Apple...
Computer giant IBM (NYSE:IBM) shares rose 1.34% to US$123.44 as it acquired cloud-based video streaming company Ustream.
Skittish Chinese markets overnight and plunging oil prices today have opened a trap-door beneath equities across the world.
U.S. struggled on Tuesday as WTI oil delved deeper into the sub-$30 territory.
Financial terms were not disclosed; Shares advance
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The Dow fluctuates; the S&P 500 is down less than 0.1%.
Whilst benchmarks were middle of the road, today's financial results were very much in different lanes.
Investments and investor services
IBM, Harley Davidson, Verizon, and United Technologies were among the in-focus blue-chips
IBM blamed “a pretty substantial currency headwind” for the drop in revenue
Halliburton and Morgan Stanley disappointed with their respective third quarter earnings
Pre-market dealing saw the Dow Jones about 14 points lower at 17,101, while the S&P 500 and Nasdaq futures were lower too
Wall Street rose more than 1 percent today, bouncing back sharply from last week's steep lows, helped by optimism around China and Greece, and as Warren Buffett's latest billion-dollar deal showed the M&A boom was alive and well. Buffet
Wall Street dropped today on the heels of results from IBM and United Technologies which curbed some optimism over earnings season while investors awaited quarterly profits from tech giants including Apple and Microsoft. The S&P 500 (IN
U.S. stock index futures fluctuated ahead of a batch of earnings from technology giants, including Apple and Microsoft. Futures for the Nasdaq-100 index added 0.2 percent to 4,679.25, on track for a fourth straight session in record territo