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IBM reported second-quarter earnings Wednesday that exceeded analyst expectations, sending shares up more than 3 percent.
Less than 90 days before Obamacare's government-run health exchanges are due to open up shop, Web insurers are still being locked out—a lag that could depress enrollment and jack up insurance rates.
Don't be tempted by cheap emerging market valuations just yet, say strategists: The short term is still fraught with danger.
Big Blue's steady profit growth appears to be coming undone amid a slowdown in emerging markets, according to Goldman Sachs.
LONDON, July 5- When a modest IT firm in southern England won a 13- million pound local authority contract in 1988, it was a huge coup for a business that had annual revenue of just 4.3 million pounds.
The "Fast Money" traders share their final trades of the day.
*Accenture and BlackBerry both slide after results. NEW YORK, June 28- The S&P 500 ended Friday's session with its strongest first half of any year since 1998 after reaching record highs in May on a rally underpinned by the Federal Reserve's massive monetary stimulus.
The Dow and S&P 500 finished near session lows as investors were reluctant to jump in following a three-day rally, but major averages still capped the volatile quarter with gains.
*Accenture and BlackBerry both tumble after results. NEW YORK, June 28- The Dow and the S&P 500 slipped on Friday as the end of the second quarter approached, with investors finding little reason to push shares higher after a three-day rally.
*Accenture and BlackBerry both tumble after results. *Molycorp climbs after SEC investigation ends. NEW YORK, June 28- U.S. stocks edged mostly lower in a volatile session on Friday, with investors finding little reason to push shares higher after a three-day rally.
Accenture and BlackBerry both tumble after results. *Molycorp climbs after SEC investigation.
BlackBerry's earnings report is a wake-up call for investors that basically said "sell us before it gets really bad," CNBC's Jim Cramer said.
*Molycorp climbs after SEC investigation. *Accenture tumbles after earnings, outlook. NEW YORK, June 28- U.S. stocks opened lower on Friday, as weakness in technology shares outweighed gains in other shares spurred by relief a premature pullback of central bank stimulus measures was unlikely.
*Molycorp climbs after SEC investigation. *Accenture tumbles after earnings, outlook. Accenture PLC tumbled 8.9 percent to $73.10 in premarket trading after the outsourcing and consulting services provider cut its full-year outlook and reported third-quarter revenue below analysts' estimates.
*Molycorp climbs after SEC investigation. *Accenture tumbles after earnings, outlook. NEW YORK, June 28- U.S. stock index futures advanced on Friday, putting the S&P on track for its first four-day gain since early April, as concerns eased over a premature pullback of central bank stimulus measures and following upbeat economic data from Japan.
Check out which companies are making headlines before the bell:
Shares of Accenture, whose clients include London's Heathrow Airport, Nokia Oyj, Baker Hughes Inc and AstraZeneca UK, were down 7 percent at $74.60 in extended trading on Thursday. Clients were slowing the pace and level of spending on existing contracts, said Accenture, whose rivals include Cognizant Technology Solutions Corp and Infosys Ltd.
Check out which companies are making headlines after the bell Thursday:
Stocks closed near their highs Thursday, rallying for a third-straight session, lifted by a string of upbeat economic reports and following several speeches from Federal Reserve policymakers suggesting the central bank has time before it starts reducing its bond-buying.
June 27- Outsourcing and consulting services provider Accenture Plc reported lower-than-expected quarterly revenue as consulting income dropped 2 percent. Accenture shares were down 4 percent in extended trading. Net income rose to $874.1 million, or $1.21 per share, in the third quarter, from $762.8 million, or $1.03 per share, a year earlier.