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Text size John Visentin. Courtesy Xerox Xerox Holdings shares are in the spotlight as investors respond to news that CEO and Vice Chairman John Visentin has died unexpectedly at age 59, a development that could trigger renewed speculation about a potential sale or breakup of the 116-year-old company. The enterprise printing company (ticker: XRX ) … Read More “Xerox CEO Visentin Has Died. What It Means for the Company.” »
Text size IBM plans to raise its dividend. Migel Medina / AFP via Getty Images Apple , International Business Machines, and Discover Financial Services were among the large US companies that announced dividend increases this week. It was a busy stretch for these announcements as first-quarter earnings season continues. Tech giant Apple (ticker: AAPL) declared … Read More “Apple, IBM, and 14 More Companies That Raised Their Stock Dividends” »
Text size IBM’s results lifted other low-multiple, legacy-tech stocks including Oracle and HP. Miguel Medina / AFP via Getty Images Score one for the old timers. On a day when Netflix stock plunged 35% on concerns about disappointing subscriber growth, the market is getting a boost from none other than 111-year old International Business Machines … Read More “IBM Stock Soared. Why the 111-Year-Old Tech Company Outperformed Today.” »
Text size IBM has a dividend yield of 5.2%, the highest of any stock in the Dow Jones Industrial Average. Ethan Miller / Getty Images IBM posted better-than-expected first-quarter financial results, as the tech giant continues shifting its focus to cloud computing and artificial intelligence software. Big Blue also cheered investors by saying its full-year … Read More “IBM Sales Growth Tops Estimates, Powered by Software and Consulting” »
Text size Wall Street projects IBM will post revenue of $ 13.8 billion for its first quarter. MIGUEL MEDINA / AFP via Getty Images When IBM reports first-quarter earnings on Tuesday, Wall Street will be focused on the growth rate of the tech giant’s software business — and any hints on the early progress on … Read More “IBM Reports Earnings Tuesday. What to Expect.” »
Text size Wall Street projects IBM will post revenue of $ 13.8 billion for its first quarter. MIGUEL MEDINA / AFP via Getty Images When IBM reports first-quarter earnings on Tuesday, Wall Street will be focused on the growth rate of the tech giant’s software business — and any hints on the early progress on … Read More “IBM Reports Earnings Tuesday. Wall Street Is Watching for Software Growth.” »
US stock markets are poised for a subdued open on Monday. Michael Nagle / Bloomberg Text size US stocks are set for a flat to lower open on Monday. On Sunday night, the Dow Jones Industrial Average futures gained 27 points, or 0.1%, while the S&P 500 futures lost 0.1%, and the Nasdaq Composite futures … Read More “US Stocks Poised for a Subdued Open on Monday” »
Text size IMB stock is a buy according to Morgan Stanley. Dreamstime Worried about recession? Then maybe you want to take a fresh look at IBM stock. That advice comes courtesy of Morgan Stanley analyst Erik Woodring. On Thursday, he boosted the firm’s rating on IBM (ticker: IBM) shares to Overweight from Equal Weight, with … Read More “Worried About a Recession? Buy IBM Stock, Morgan Stanley Says.” »
Exxon Mobil is among the companies whose yield on free cash flow indicates strong support for the payout’s resilience. Here, an Exxon refinery in Rotterdam, Netherlands. Dean Mouhtaropoulos / Getty Images Text size Quarterly dividend payments can be a lifeline for investors who depend on income, retirees in particular. Those cash payments, however, do not … Read More “These 6 ‘Dividend Aristocrats’ Have a Strong Pipeline for Cash. That’s a Plus.” »
Russian prosecutors have issued warnings to Western companies in Russia, threatening to arrest corporate leaders there who criticize the government or to seize assets of companies that withdraw from the country, according to people familiar with the matter. Russian President Vladimir Putin last week expressed support for a law to nationalize assets of foreign companies … Read More “Russian Prosecutors Warn Western Companies of Arrests, Asset Seizures” »
