International Business Machines Corporation (IBM)
After hours:
| Previous Close | 166.20 |
| Open | 165.69 |
| Bid | 165.31 x 800 |
| Ask | 164.47 x 800 |
| Day's Range | 164.31 - 166.27 |
| 52 Week Range | 120.55 - 199.18 |
| Volume | |
| Avg. Volume | 4,628,309 |
| Market Cap | 151.046B |
| Beta (5Y Monthly) | 0.71 |
| PE Ratio (TTM) | 18.62 |
| EPS (TTM) | 8.83 |
| Earnings Date | Jul 24, 2024 - Jul 25, 2024 |
| Forward Dividend & Yield | 6.64 (4.00%) |
| Ex-Dividend Date | Feb 08, 2024 |
| 1y Target Est | 184.84 |
Barrons.comRemembering Joe Rosenberg, a Wall Street Veteran and Man of All Markets
Rosenberg, a keen observer of financial markets and the longtime chief investment officer at Loews, died Monday at 91.
- Reuters
UPDATE 2-IBM wins reversal of $1.6 billion judgment to BMC over software contract
A federal appeals court on Tuesday overturned a judgment requiring IBM to pay rival BMC Software $1.6 billion, after a judge found IBM improperly replaced BMC's mainframe software at AT&T with its own. The 5th U.S. Circuit Court of Appeals in New Orleans said a lower court judge's determination concerning liability was in error. Writing for a three-judge panel, U.S. Circuit Judge Edith Jones said AT&T, one of BMC's biggest clients, had switched to IBM software "independently" and that BMC had "lost out to IBM fair and square."
ReutersIBM wins reversal of $1.6 billion judgment to BMC over software contract
(Reuters) -A federal appeals court on Tuesday overturned a judgment requiring IBM to pay rival BMC Software $1.6 billion, after a judge found IBM improperly replaced BMC's mainframe software at AT&T with its own. The 5th U.S. Circuit Court of Appeals in New Orleans said a lower court judge's determination concerning liability was in error. Writing for a three-judge panel, U.S. Circuit Judge Edith Jones said AT&T, one of BMC's biggest clients, had switched to IBM software "independently" and that BMC had "lost out to IBM fair and square."
