IBM Drops As Q4 Earnings, Outlook Fall Short Of Views

By | January 21, 2015

Scalper1 News

IBM (IBM) stock was trading down Wednesday following its fourth-quarter earnings report late Tuesday that showed struggles in its transition to new business models. IBM was down 3.5% in midday trading in the stock market today, near 151 and just above a four-year low. IBM has long been in transition, shedding hardware units and realigning its workforce to reduce costs as it focuses on growth areas that include cloud computing, Big Data analytics, Scalper1 News

Scalper1 News