International Business Machines Corp. (NYSE:IBM) released its earnings report for the three month period through June 2013 this afternoon after the market closed. The company showed earnings of $3.91 per share for the quarter on revenues totaling $24.92 billion. On today's market, stock in International Business Machines Corp. (NYSE:IBM) trended upward and finished the day at $194.54.
Growth in the Eurozone is more broadly based than anticipated, a Goldman Sachs research report indicated yesterday, as they revised higher their economic forecasts for Spain and Italy while... Read More
Federal prosecutors from the Southern District of New York have filed a four count indictment against Charlie Shrem and Robert M. Faiella. On January 27, 2014, Charlie Shrem and... Read More
High-yield update from UBS: Barbarians at the Gate Recent credit market stress has captured the attention of all market participants due to its speed and ferocity. UBS's Global Credit Strategy team... Read More
Could the just-announced departure of Tom Lee, JPMorgan Chase & Co. (NYSE:JPM)'s notoriously bullish chief U.S. equity strategist, also coincide with the end of the Fed stimulus driven stock... Read More
This past week we saw a relatively strong employment report at +257K. The strengthening labor market picture poses the question: How have the big five economic indicators recently performed... Read More
After Gotham City Research released a scathing report on Quindell PLC (LON:QPP) (OTCMKTS:QUPPF) questioning the company’s earnings and setting a price target of 2p, Quindell saw its stock price... Read More
European corporate hybrids are set to face volatility during 1H2017, as the Australian construction materials firm Wienerberger may not call its euro-denominated 6.5% hybrid on the first call date,... Read More
India’s foreign direct investment inflows remain robust, which could be key driver for the country’s economic growth and productivity increase over the medium term, notes Goldman Sachs. Tushar Poddar of... Read More
The Internal Revenue Service said Friday it has commenced exchange of financial account information with certain foreign tax administrators, meeting a key September 30the milestone related to the implementation... Read More
Political leaders on U.S. House and Senate finance committees are asking the same questions that certain hedge fund managers and regulators want answered As issues of potential sovereign debt default... Read More
