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December 2, 2008 9:44:24 PM CST


analyst guidance

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Broker Breaks Ranks to Rant on Profession's 'Gibberish'

Anonymous London columnist goes public

(Newser) - A London broker who wrote a popular, anonymous newspaper column that lambasted the greed, superficiality, and "gibberish"-peddling nature of his profession is going public, quitting the financial world, and, of course, writing a book about it all, Bloomberg reports. “We didn't invent greed,” said Geraint Anderson, who revealed his identity in TheLondonPaper this week, “but we have certainly become its finest exponents.” More »

More about:  Great Britain business newspaper columnists analyst guidance greed

IBM to Buy Back $15B of Stock

Company raises its profit forecast

(Newser) - IBM will repurchase $15 billion of its own stock, it revealed today, leading the IT company to raise its profit forecast for the year to beat Wall Street predictions. The Armonk, NY-based computing giant will spend $12 billion on the buyback this year, the AP reports. The company told the Street that would help elevate its projected earnings-per-share for the year by five cents over previous estimates. More »

More about:  Wall Street IBM earnings forecast stock buyback analyst guidance

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