Oct 20- International Business Machines Corp reported a marked slowdown in business in September and abandoned its 2015 operating earnings target on Monday, as weak client spending and a slumping software sector weighed down quarterly revenue. IBM shares fell nearly 7 percent to a three-year low, a blow for legendary investor Warren Buffett whose Berkshire...» Read More
NEW YORK, Oct 20- U.S. "Both the Ebola scare and the expansion of ISIS have added jitters to the market and fear bids into the bond market," said Larry Milstein, head of government and agency trading at R.W. Pressprich& Co. in New York. "We feel the earliest is fourth quarter of next year when the Fed will take any action on rates," said Sean Simko, head of fixed-income...
*Portugal Telecom drops as Rioforte set for liquidation. *Nutreco, Adidas, Havas surge on M&A activity. EDINBURGH, Oct 20- European stocks fell on Monday, trimming gains made in the previous session, as a profit warning by SAP hit technology shares.
*Tech sector weaker with Gemalto also sliding. *Nutreco, Adidas, Havas surge on M&A activity. Dutch tech firm Gemalto fell 3.2 percent after Barclays cut the stock to underweight from overweight, joining SAP as a top faller on the STOXX 600 Technology index, which was down 2.8 percent.
IBM Chairman and CEO Ginni Rometty, discusses the company's efforts to create long-term shareholder value.
NEW YORK, Oct 20- U.S. Wall Street shares prices opened lower and European stocks declines on disappointing results from IBM and German business software maker SAP respectively. "It's a bit of a risk-off trade today, which is supportive of Treasuries," said Larry Milstein, head of government and agency trading at R.W. Pressprich& Co. in New York.
Discussing the unique role IBM can play in the cloud industry, with IBM Chairman and CEO Ginni Rometty.
*Gold ticks up after two straight sessions of losses. LONDON, Oct 20- Gold snapped two days of losses to rise on Monday as renewed weakness in European stocks boosted interest in the metal as an alternative asset, though a tentative recovery in risk appetite in other markets limited its gains. "Gold sentiment I would say has moved from negative to neutral, but as long...
IBM Chairman and CEO Ginni Rometty, breaks down the quarterly earnings miss at the company, including for hardware and services sales.
CNBC's David Faber speaks to IBM Chairman and CEO Ginni Rometty, about the company's quarterly miss and transformation happening at the company.
CNBC's Jon Fortt spoke to Microsoft CEO Satya Nadella, about spinoffs in the tech industry. Jim Cramer, weighs in.
CNBC's Jim Cramer discusses IBM's miss, and Oracle shares getting hammered.
*Sees 5.6- 5.8 billion euro operating profit in 2014. FRANKFURT, Oct 20- German software maker SAP cut its 2014 operating profit forecast on Monday as customers shifted faster than expected to products delivered over the Internet, delaying when those orders can be booked as sales. SAP said it now expects 2014 operating profit, excluding some special items, of 5.6...
*Gold ticks up after two straight sessions of losses. *Silver holds near cheapest versus gold in 5 years. LONDON, Oct 20- Gold snapped two days of losses to rise on Monday as renewed weakness in European stocks boosted interest in the metal as an alternative asset, though a tentative recovery in risk appetite on other markets limited its gains.
*Nutreco, Adidas, Havas surge on M&A activity. The market's losses were limited, however, by brisk M&A activity, boosting the shares of Nutreco, Adidas and Havas. German sportswear firm Adidas AG surged 5.6 percent after the Wall Street Journal reported that an investor group, that includes Jynwel Capital and funds affiliated with the Abu Dhabi government, was...
NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. General Electric Co., up 57 cents to $24.82. Morgan Stanley, up 69 cents to $33.22.
NEW YORK, Oct 17- A slowdown in stock quote updates to the trading platform of OTC Markets on Friday led brokerage watchdog the Financial Industry Regulatory Authority to halt trading for almost two hours. OTC Markets is a marketplace for about 10,000 securities, some of them foreign, that are not listed on the New York Stock Exchange or Nasdaq.
NEW YORK, Oct 16- Getty Images Inc has failed to convince a federal judge to halt Microsoft Corp's Bing Image Widget, which it said enabled massive copyright infringement, because the software company had already taken it down voluntarily. The multimedia photo and video agency sued Microsoft on Sept. 4 over the widget, which it said permitted the display of images...
SAN FRANCISCO, Oct 16- Boston- based Battery Ventures said it hired software executive Russell Fleischer as a partner for its private-equity business amid a buyout environment that offers rich returns but hard-to-find deals. It has backed companies such as Marketo, Splunk and HighJump, which he ran until its acquisition by Accellos earlier this year.
BOSTON, Oct 14- Three Google Inc researchers have uncovered a security bug in widely used web encryption technology that they say could allow hackers to steal data in what they have dubbed a "Poodle" attack. It requires the attacker to have a privileged position in the network, "said Ivan Ristic, director of application security research with Qualys and an expert in...
SAN FRANCISCO, Oct 14- The prospect of tens of thousands of potentially racy Snapchat photos hitting the Internet has driven home a simple fact: the mobile app's core feature- delivering photos and videos that vanish seconds after viewing- is flawed. But whether this will affect the valuation of the 3- year-old Silicon Valley start-up as it seeks another round of...
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Matt Hunter is the senior technology editor at CNBC.com.
Cadie Thompson is a tech reporter for the Enterprise Team for CNBC.com.
Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.
Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.
Josh Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.
Mark Berniker is CNBC's Silicon Valley/San Francisco Bureau Chief covering technology and digital media.
Entertainer and entrepreneur will.i.am unveiled "The Puls" smartwatch in hopes of blending fashion and technology.
Earlier Monday, IBM posted quarterly results that badly missed Wall Street expectations, which was enough to drag the entire Dow lower.
IBM posted earnings that fell short of analysts' expectations, after seeing a "marked slowdown" in September.