International Business Machines Corporation (IBM)
| Previous Close | 166.20 |
| Open | 165.69 |
| Bid | 164.71 x 800 |
| Ask | 164.79 x 800 |
| Day's Range | 164.46 - 165.94 |
| 52 Week Range | 120.55 - 199.18 |
| Volume | |
| Avg. Volume | 4,628,142 |
| Market Cap | 151.799B |
| Beta (5Y Monthly) | 0.71 |
| PE Ratio (TTM) | 18.71 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 6.64 (4.00%) |
| Ex-Dividend Date | Feb 08, 2024 |
| 1y Target Est | N/A |
- 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."
- Reuters
IBM 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."
- Insider Monkey
30 Largest Software Companies in the World by Market Cap
In this article, we will look into the 30 largest software companies in the world by market cap. If you want to skip our detailed analysis, you can go directly to the 5 Largest Software Companies in the World by Market Cap. Software Industry Outlook According to a report by Morningstar, the total revenue of […]
