IBM signs $500 million contract extension with U.K. driver-license agency IBM Corp. said Wednesday it signed a contract extension worth 300 million pounds ...
IBM on Monday announced it has created the world's largest business computing "cloud" capable of holding an amount of digital data on a ...
Linden Lab on Wednesday announced it is adding a new dimension to Second Life online world to give businesses private places for virtual meetings. Linden launched a beta, or test, version of Second Life Enterprise "behind-the-firewall product" with a price starting at ...
NEW YORK (Reuters) - IBM <IBM.N> has replaced senior executive Robert Moffat as the head of its hardware division, saying he left the company two weeks after he was arrested in a high-profile insider trading scandal. Moffat, once widely seen as a ...
GALLEON'S DOWNFALL Profiting from insider info has plagued stock markets from time immemorial. But the bust of Raj Rajaratnam, billionaire founder of hedge fund Galleon Group, for allegedly trafficking in ill-gotten information, harks back to what might be called the Golden Age ...
Federal judge orders Indiana to improve its timeliness in approving, denying food stamps A federal judge has ordered Indiana's partially privatized welfare intake system to speed up decisions on food stamp applications, but the state has a year to meet its first ...
I've written previously about stock buybacks, and whether they're in the best interest of shareholders. Today IBM's board has decided to increase their current stock-buyback program by an additional $5billion. Buybacks, in my opinion, do little if anything for shareholders. IBM management ...
IBM board authorizes $5 billion to use for stock repurchases IBM Corp. has boosted its stock buyback program by $5 billion, a sign of the company's ability to spit out cash despite the recession choking off revenue growth. The announcement Tuesday brings ...
NEW YORK (Reuters) - IBM <IBM.N> said its board approved an additional $5.0 billion in share repurchases, bringing the company's total stock buyback program to $9.2 billion in a reflection of its strong cash flow. The buyback would add to around $4.2 ...
IBM names CEO of Boeing to its board of directors Computer giant IBM Corp. on Monday named Boeing CEO W. James McNerney Jr. to its board. McNerney, 60, is also chairman and president of The Boeing Co. He assumed his current posts ...
EMC's net falls 24 percent but co. boosts guidance on better data-storage spending forecast EMC Corp. said Thursday its profit fell 24 percent and sales dropped 5 percent in the latest quarter as corporations spent less on data storage. But the storage ...
Sun Microsystems said Tuesday it is cutting 3,000 jobs over the next 12 months because of its delayed takeover by US business software giant Oracle. In a filing with the US Securities and Exchange Commission (SEC), Sun said the layoffs were part ...
