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NEWS ABOUT: EPS

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... More »

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