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SUNDAY, NOVEMBER 8, 2009
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NEWS ABOUT: IBM

IBM stories: 57 news summaries

1 - 20 of 57 Stories | 1 2 3 Next >>

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MARKETS

 Dow Drops 67, 
 Sinks Below 10,000, 
 on IBM, BoA Reports 

Dour day cuts into weekly gains

Oct 16, 09 3:16 PM CDT
(Newser) - Stocks fell today as optimism about economic recovery waned in the face of disappointing earnings. Bank of American and General Electric’s financing division both posted quarterly losses. IBM, which reported strong profits but spooked investors with downbeat comments on the readiness of businesses to spend on technology, fell 5.... More »

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Bank of America • Dow Jones • General Electric • IBM • Nasdaq • S&P 500

(Newser) - IBM is developing a set of water grid technologies, designed to revamp the world’s badly outdated fresh water delivery systems in much the same way many countries are trying to upgrade their energy grids, CNET reports. IBM projects the water management business could be worth $20 billion within 5... More »

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environment • greenhouse gases • IBM • infrastructure • water supply • Internet infrastructure • energy grid

Scientists Capture Detailed Image of Molecule

Technique could help improve electronics, drugs

Aug 28, 09 9:32 AM CDT
(Newser) - In a scientific first, IBM researchers have produced a detailed image of a molecule’s structure, the BBC reports. The stunning image, made with an atomic force microscope that vibrates like a tuning fork, is so finely detailed that it shows chemical bonds. Such intricate familiarity with the molecule opens... More »

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drugs • science • electronics • IBM • image • microscopic • atom • scientific research • molecules

MARKETS

 Dow Ends Solid Week Up 32 

Indices all up at least 7% for the week

Jul 17, 09 3:17 PM CDT
(Newser) - Stocks were generally flat today as investors stepped back from a 4-day rally. IBM boosted the Dow, rising 4.3% after reporting strong quarterly profits, the Wall Street Journal reports. GE and Bank of America both trended lower after reporting declining earnings. Housing data showed home construction rose in June,... More »

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Bank of America • Dow Jones • construction • General Electric • IBM • housing • Nasdaq • S&P 500

Nerds Bet Machine Can Beat Man on Jeopardy

IBM says the digital-human match could be the next big step for artificial intelligence

Apr 27, 09 10:27 AM CDT
(Newser) - Hal, meet Watson. IBM announced it will unleash a new supercomputer program, named after founder Thomas J. Watson, which they say could beat human competitors on Jeopardy, the New York Times reports. More advanced than the software that beat chess champion Gary Kasparov in 1997, Watson will weigh nearly infinite... More »

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artificial intelligence • IBM • Ken Jennings • Jeopardy

 Oracle Buys Sun Microsystems 


Apr 20, 09 7:20 AM CDT
(Newser) - Oracle Corp. has agreed to buy Sun Microsystems, swooping in after Sun’s talks with IBM fell apart. Oracle will pay $7.4 billion, or $9.50 a share for Sun, the Wall Street Journal reports, a 42% premium on Friday’s close. Though Sun has been losing money,... More »

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mergers and acquisitions • IBM • Sun Microsystems • Oracle • software • tech sector • Java • computer hardware

MARKET Open

 Stocks Slide Ahead of Earnings 


Apr 6, 09 8:57 AM CDT
(Newser) - Stocks turned south this morning, as a series of downgrades and bad news for the Sun/IBM deal spooked investors ahead of earnings season, the Wall Street Journal reports. The Dow dropped 92, the S&P 12. Financials sank after a veteran analyst downgraded 11 major US banks. The Nasdaq fell... More »

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stock market • Citigroup • Bank of America • Dow Jones • IBM • Sun Microsystems • Nasdaq • S&P 500 • JPMorgan Chase

(Newser) - IBM withdrew a $7 billion offer to buy Sun Microsystems this weekend after Sun's board called the bid too low, the Wall Street Journal reports. Sun also worried that IBM sought too much leeway to walk away from the deal if antitrust regulators challenged the merger, insiders say. People expected... More »

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Silicon Valley • mergers and acquisitions • IBM • Sun Microsystems

 IBM to Nab Rival Sun for $7B 

Deal would let IBM rule Unix server market

Apr 3, 09 7:11 AM CDT
(Newser) - IBM looks set to buy rival Sun Microsystems in a $7 billion deal that would make IBM king of the lucrative Unix server market, the New York Times reports. The $9.50-per-share agreement, already approved by IBM’s board, insiders say, could be announced today—though next week is more... More »

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IBM • Sun Microsystems • software • acquisition • computer servers • computer hardware

(Newser) - Intel has rolled out a new chip for servers that will more than double the effectiveness of systems but consume no extra power, the Wall Street Journal reports. The Xeon 5500 excels at “virtualization,” allowing multiple operating systems and applications to run on one server—which Intel... More »

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Dell • Intel • IBM • Apple • recession • computer servers • chip • Hewlett-Packard • performance • chipset

 IBM Slashes 5K US Jobs 

Moves many to India

Mar 26, 09 10:08 AM CDT
(Newser) - IBM will cut 5,000 US jobs, the Wall Street Journal reports, sending many to India to continue its expansion there and downsizing in the US. The cuts hit IBM’s global business services unit. They stem in part from customers ending contracts and the automation of some work, but... More »

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India • layoffs • outsourcing • IBM • job market • job cuts

MARKET Open

 Stock Rally Screeches to Halt 


Mar 18, 09 8:42 AM CDT
(Newser) - Stocks took a turn for the worse at the open today, heading south after yesterday’s rally. The Dow fell 67 points, while the S&P declined 0.8%. The Nasdaq fell 0.5%, but component Sun Microsystems soared 65% on news IBM might acquire it. Investors are anxiously awaiting... More »

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inflation • stock market • NASDAQ • Federal Reserve • Dow Jones • Consumer Price Index • IBM • Sun Microsystems • S&P 500

 IBM Trying to Buy Sun Micro 


Mar 18, 09 7:09 AM CDT
(Newser) - IBM is in talks to buy Sun Microsystems, sources tell the Wall Street Journal, in a deal that could be completed as early as this week. IBM would likely dole out at least $6.5 billion for Sun, a premium of more than 100% on yesterday’s closing price.... More »

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mergers and acquisitions • IBM • Sun Microsystems

MARKETS

 Tech Stocks Fall; Dow Down 80 

Google remains below $300

Mar 9, 09 3:19 PM CDT
(Newser) - Withering tech stocks tugged the broader market down today, the Wall Street Journal reports. Hewlett-Packard fell 4.6% while IBM closed down 2.9%, Cisco dropped 3.95% and Google 5.9%—after that stock closed below $300 on Friday for the first time since January. The Dow fell 79.... More »

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technology • Google • Dow Jones • IBM • Nasdaq • Cisco • S&P 500 • Hewlett-Packard

MARKETS

 Dow Off 251; 
 Lowest Close Since '97 

Financials do better on reports of that nationalization will be gentle

Feb 23, 09 3:09 PM CST
(Newser) - Stocks fell today as concerns about waning global demand sank shares of giants like IBM, Hewlett-Packard, General Electric, and Alcoa, the Wall Street Journal reports. Citigroup bucked the trend on reports that a government takeover wouldn’t wipe out shareholders, and rose 11%. The Dow fell 250.89 to 7,... More »

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Citigroup • Bank of America • Dow Jones • IBM • nationalization • Nasdaq • S&P 500 • Hewlett-Packard

MARKETS

 Financials Kick Dow Up 279 

Stocks rebound after dismal Inauguration Day

Jan 21, 09 3:22 PM CST
(Newser) - A rebound in the financial sector today and qualified confidence in President Obama’s stimulus plan drove stocks to recover some of yesterday’s large losses, MarketWatch reports. The Dow gained 279.01 to close at 8,228.10. The Nasdaq added 66.21, closing at 1,507.07, and... More »

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Citigroup • Bank of America • Toyota • Dow Jones • General Motors • IBM • Nasdaq • economic stimulus package • S&P 500 • President Obama

MARKET Open

 IBM Gives Stock Market Hope  

At least in tech

Jan 21, 09 8:47 AM CST
(Newser) - Stocks bounced back at the open this morning, as tech sector hope outpaced financial sector gloom. The Dow climbed 126 points, while the Nasdaq and S&P jumped 2% and 1.7% respectively. IBM was the star of the show, after posting a 12% surge in fourth-quarter profits and an... More »

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stock market • IBM • Nasdaq • Dow • tech sector • S&P 500


 What Slump? 
 Big Blue Sees Growth 

IBM had a good Q4 and says its business services and software sales are solid

Jan 21, 09 8:37 AM CST
(Newser) - Strong software and business-services sales—including outsourcing services, a cash cow in the current economy—pushed IBM’s profits up 12% in the fourth quarter and prompted a recession-busting forecast of continued growth for 2009, reports the Wall Street Journal. Although Big Blue's revenue fell in the quarter, its margins... More »

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Google • IBM • Oracle • corporate earnings • Intel Corp • what recession?


 Why This Recession Won't 
 Be Another Dot-Com Bust 

Despite layoffs, companies are better prepared

Jan 17, 09 10:03 AM CST
(Newser) - The tech industry is going through tough times, including widespread layoffs, but it's not going to be another dot-com bust, predicts the Economist, laying out the differences between 2001 and 2009. In 2000, technology companies grew nearly 16%, only to contract by 6% a year later. “The... More »

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technology • Internet • Microsoft • IBM • recession • smartphones • Intel Corp

 Humble Mouse 
 Turns 40 

A look at milestones in the life of that crucial computer accessory

Dec 9, 08 2:39 PM CST
(Newser) - It’s been 40 years since the computer mouse made its public debut, and though innovations have been legion, the basic concept is still the same. Macworld takes a look back at some key moments in the device’s evolution.
  • 1963: The first recognizable mouse prototype is built.
... More »

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Microsoft • IBM • Apple • history • mouse • computer • Xerox PARC • computer hardware • Logitech

1 - 20 of 57 Stories | 1 2 3 Next >>


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