GO
Loading...

International Business Machines Corp

More

  • NEW YORK, March 1- Warren Buffett, at a news conference in Bengaluru in 2011, lavishly praised Berkshire Hathaway executive Ajit Jain for smoothly running much of the conglomerate's insurance businesses. Buffett, the billionaire chief executive officer and chairman of Berkshire, said he would also support Jain if ever he decided to seek Buffett's post.

  • OMAHA, Neb.— The crowd at this year's Berkshire Hathaway annual meeting is likely to top 40,000 as the company marks 50 years of Warren Buffett's leadership. Berkshire investors routinely fill Omaha's downtown arena and overflow rooms at the conference center and a hotel across the street for the meeting. Not long before the arena doors open at 7 a.m. on May 2, a...

  • NEW YORK, Feb 28- In his 50 years at the helm of Berkshire Hathaway Inc, Warren Buffett has transformed a failing textile company into a sprawling conglomerate that has vastly outperformed most of the rest of corporate America. Within 10 to 20 years, Buffett said, Berkshire's girth could require whoever then runs the Omaha, Nebraska- based company to consider steps...

  • In the 84- year-old's annual shareholder letter released on Saturday, Buffett said Berkshire has grown so large- 751,000 times its original net worth per share- that the future pace of gains "will not come close" to those of the past. "I think Berkshire will outperform the average American company, but our advantage, if any, won't be great." Buffett, also addressing one...

  • NEW YORK, Feb 28- In his 50 years at the helm of Berkshire Hathaway Inc, Warren Buffett has transformed a failing textile company into a sprawling conglomerate that has vastly outperformed most of the rest of corporate America. Within 10 to 20 years, Buffett said, Berkshire's girth could require whoever then runs the Omaha, Nebraska- based company to consider steps...

  • Berkshire Hathaway's 4Q profit declines 17 percent Saturday, 28 Feb 2015 | 9:23 AM ET

    OMAHA, Neb.— Berkshire Hathaway Inc. said Saturday that its fourth quarter profit slid 17 percent because of declines in the paper value of its investments and derivative contracts. Berkshire's quarterly profit declined to $4.16 billion, or $2,529 per Class A share, on $48.3 billion in revenue. Those were $3.96 billion, or $2,412 per share, which is up from $3.78...

  • Feb 28- Warren Buffett's Berkshire Hathaway Inc on Saturday said fourth-quarter profit declined 17 percent as investment gains declined, but operating results improved. Net income fell to $4.16 billion, or $2,529 per Class A share, from $4.99 billion, or $3,035 per share, a year earlier. Quarterly operating profit rose 5 percent to $3.96 billion, or $2,412 per...

  • Final Glance: Computer companies Friday, 27 Feb 2015 | 6:02 PM ET

    Apple Inc s fell $1.96 or 1.5 percent, to $128.46. Hewlett Packard Co. rose$. 83 or 2.4 percent, to $34.84. International Business Machines Corp. rose $1.07 or. 7 percent, to $161.94.

  • Midday Glance: Computer companies Friday, 27 Feb 2015 | 1:25 PM ET

    Apple Inc s fell$. 64 or. 5 percent, to $129.78. Hewlett Packard Co. rose$. 80 or 2.4 percent, to $34.81. International Business Machines Corp. rose $1.05 or. 7 percent, to $161.92.

  • Early Glance: Computer companies Friday, 27 Feb 2015 | 11:10 AM ET

    Apple Inc s fell$. 29 or. 2 percent, to $130.12. Hewlett Packard Co. rose$. 52 or 1.5 percent, to $34.53. International Business Machines Corp. rose$. 41 or. 3 percent, to $161.28.

  • Final Glance: Computer companies Thursday, 26 Feb 2015 | 6:02 PM ET

    Apple Inc s rose $1.63 or 1.3 percent, to $130.41. Hewlett Packard Co. fell$. 66 or 1.9 percent, to $34.01. International Business Machines Corp. fell $1.94 or 1.2 percent, to $160.87.

  • US stocks close narrowly mixed as energy, data weigh Thursday, 26 Feb 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange in New York City.

    U.S. stocks closed narrowly mixed, with stocks near recent highs, as lackluster economic data and oil concerns weighed on investor sentiment.

  • IBM's Rometty: We're focusing on high growth Thursday, 26 Feb 2015 | 1:58 PM ET
    Virginia 'Ginni' Rometty, CEO, IBM

    IBM CEO Ginni Rometty told CNBC about the company's drive for growth, and strategy for the future.

  • Midday Glance: Computer companies Thursday, 26 Feb 2015 | 1:19 PM ET

    Apple Inc s rose $1.11 or. 9 percent, to $129.90. Hewlett Packard Co. fell$. 53 or 1.5 percent, to $34.14. International Business Machines Corp. fell $2.57 or 1.6 percent, to $160.24.

  • Early Glance: Computer companies Thursday, 26 Feb 2015 | 10:35 AM ET

    Apple Inc s fell $1.67 or 1.3 percent, to $127.12. Hewlett Packard Co. fell$. 33 or 1.0 percent, to $34.34. International Business Machines Corp. rose$. 98 or. 6 percent, to $163.79.

  • Feb 26- International Business Machines Corp, which ruled computing in the age of the mainframe, is targeting $40 billion in annual revenue from the cloud, big data, security and other growth areas by 2018.. The aggressive target, set by IBM executives at the company's annual investor meeting in New York on Thursday, is the latest step for the technology giant...

  • IBM outlines plan to revamp business for investors Thursday, 26 Feb 2015 | 9:12 AM ET

    NEW YORK— IBM's CEO says the company's plan to revamp its business to shift away from hardware and focus on business analytics, cloud computing, mobile services and security is on track. In a media briefing ahead of an investor conference in New York on Thursday, Virginia Rometty said the company plans that the new tech markets should make up 40 percent of IBM's...

  • How IBM plans to win back investors Thursday, 26 Feb 2015 | 9:05 AM ET
    Ginni Rometty, CEO of IBM

    At the annual IBM investors' meeting, CEO Ginny Rometty and her lieutenants lay out a plan for winning back investors.

  • Cramer Remix: This one stock leading many higher Wednesday, 25 Feb 2015 | 7:27 PM ET
    Jim Cramer on Mad Money.

    It’s the leader of the pack, and “Mad Money” host Jim Cramer thinks you can still hop aboard.

  • Cramer: The stock rotation ruining your portfolio Wednesday, 25 Feb 2015 | 6:19 PM ET

    Jim Cramer sees a rotation happening in this sector right now. Don't let these stocks ruin your portfolio.