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International Business Machines Corp

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  • OMAHA, Neb.— Berkshire Hathaway's NetJets unit rehired two longtime executives to lead the company in the midst of an ongoing contract dispute with its pilots union. NetJets, which sells partial ownership interests in business jets, said Monday Jordan Hansell is stepping down as chairman and CEO. A group of NetJets pilots protested outside Berkshire...

  • The top 10 highest-paid female CEOs Friday, 29 May 2015 | 6:11 AM ET

    Marissa Mayer, the head of Yahoo, was the highest-paid female chief executive in the Equilar/AP pay study. No. 1: Marissa Mayer, Yahoo, $42.1 million, up 69 percent. Yahoo's stock price has climbed 177 percent since the technology company hired Mayer from Google in July 2012.

  • The total average cost of a data breach is now $3.8 million, up from $3.5 million a year ago, according to a study by data security research organization Ponemon Institute, paid for by International Business Machines Corp.. Data breaches are becoming more common and significant, with high-profile attacks on Sony Corp, JPMorgan Chase and retailers Target Corp...

  • Trader on the floor of the New York Stock Exchange.

    U.S. stocks closed about 1 percent lower as investors eyed renewed strength in the dollar and data that could strengthen the case for a rate hike.

  • US STOCKS-U.S. stocks off sharply as dollar rallies Tuesday, 26 May 2015 | 12:43 PM ET

    May 26- U.S. stocks were recording their steepest fall in three weeks in midday trading on Tuesday, as a host of positive economic data increased the likelihood of a rate hike in the near term and sent the dollar soaring. "A strong dollar is going to hurt exports and the revenue line of companies, which wasn't strong to begin with," said Rick Fier, director of trading at...

  • *Microsoft was willing to offer about $55 bln- CNBC. May 22- Microsoft Corp and Salesforce.com Inc held "significant talks" this spring but failed to agree on a price, CNBC reported, citing people familiar with the matter. A potential bidder can go up to $70 billion on the high end and Microsoft, Oracle Corp and Amazon.com Inc are the companies most likely to be suitors,...

  • Microsoft, CRM talks fizzled over price: Sources Friday, 22 May 2015 | 1:02 PM ET
    Microsoft and Salesforce

    Microsoft held talks about taking over Salesforce.com, but negotiations fell through over price differences, sources said.

  • How IBM's big data traffic cop can reduce gridlock Friday, 22 May 2015 | 9:59 AM ET
    Traffic on the New Jersey Turnpike

    Harnessing the so-called Internet of Things might help drivers get to their Memorial Day weekend destinations more quickly and safely.

  • Hewlett-Packard sells stake in Chinese unit for $2.3B Thursday, 21 May 2015 | 8:39 AM ET

    NEW YORK— Hewlett-Packard is selling a controlling stake in its China server and storage unit, a move that comes as the Chinese government, apparently worried about U.S. cyberspying, has encouraged the use of local companies. "Partnering with Tsinghua, one of China's most respected institutions, the new H3C will be able to drive even greater innovation for China,...

  • May 20- Salesforce.com Inc, the subject of takeover speculation for the past few weeks, raised its revenue forecast for the full year, after the cloud software company reported a profit for the first time in seven quarters. "I think what investors will be very enthusiastic about tomorrow is how much margin upside there was," FBR Capital Markets analyst Samad Samana...

  • UPDATE 1-Salesforce raises full-year revenue forecast Wednesday, 20 May 2015 | 4:50 PM ET

    May 20- Salesforce.com Inc, the subject of takeover speculation for the past few weeks, raised its revenue forecast for the full year, after the cloud software company reported a profit for the first time in seven quarters. Bloomberg reported last month that Salesforce had been approached by a potential buyer. SAP, along with Microsoft Corp, Oracle Corp and IBM,...

  • Salesforce revenue jumps 23 pct Wednesday, 20 May 2015 | 4:14 PM ET

    May 20- Cloud software company Salesforce.com Inc, the subject of takeover speculation for the past few weeks, reported a 23 percent jump in quarterly revenue, helped by an increase in demand for its web-based sales and marketing software. The company reported net income of $4.1 million, or 1 cent per share, in the first quarter ended April 30, compared with a loss of...

  • Salesforce shares climb on earnings beat Wednesday, 20 May 2015 | 4:06 PM ET
    Attendees arrive to the Moscone Center during the DreamForce Conference in San Francisco, California.

    The cloud computing company—which has been the recent focus of takeover rumors—saw revenue rise 23 percent year over year.

  • Bulls back Salesforce as company reports earnings Wednesday, 20 May 2015 | 12:24 PM ET
    Salesforce

    There has been a lot of speculation about Salesforce as an acquisition target but bulls say to stick with the stock.

  • Half a millennium later, that sum wouldn't buy a square foot of office space in New York City's trendiest real estate market, the area below 34th Street known as Midtown South. Fueled by an influx of workers from the Internet economy and a record 17 consecutive quarters of rising prices, the average cost per square foot of office space in Midtown South hit an...

  • The 5 US states where China invests the most Wednesday, 20 May 2015 | 6:00 AM ET
    Trucks make their way around the Smithfield Foods packaging plant in Smithfield, Virginia.

    A new report shows more than 80,000 Americans are employed by Chinese companies, up from 15,000 five years ago. Here's where those jobs are.

  • MANNHEIM, Germany, May 20- German software company SAP's chief executive once again ruled out any move to acquire Salesforce.com, then went further by saying that its richly valued rival is unlikely to be acquired by any other player in the industry. Microsoft, Oracle, IBM and SAP have all been touted as potentional buyers of Salesforce, which last month said it had...

  • Hedge funds are beating the S&P 500; here's how Monday, 18 May 2015 | 4:02 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Stock-picking hedge funds are finally beating low-cost equity index funds this year—here's how the best did it.

  • The two stocks that could help the Dow reach 20,000 Monday, 18 May 2015 | 11:19 AM ET
    Traders on the floor of the New York Stock Exchange.

    The Dow hit a fresh all-time high on Monday morning. But the big milestone could come later this year.

  • May 15- Warren Buffett's Berkshire Hathaway Inc on Friday said it has boosted its holdings in some of the billionaire's favorite companies, including Wells Fargo& Co and International Business Machines Corp.. Buffett has long praised his "Big Four" stock holdings Wells Fargo, IBM, Coca-Cola Co and American Express Co, which comprise roughly 58 percent of...