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Latest IBM News From Around the Web
Below are the latest news stories about International Business Machines Corp that investors may wish to consider to help them evaluate IBM as an investment opportunity.
In the latest trading session, IBM (IBM) closed at $128.89, marking a -0.12% move from the previous day.
Anaconda, Inc., provider of the leading Python data science platform, and IBM Watson (NYSE: IBM) today announced a new collaboration to help simplify enterprise adoption of AI open-source technologies. Today, we see that data scientists rely on open-source technologies for innovation and to tap into a wealth of AI skills and talent.
IBM (NYSE: IBM) and Kvarøy Arctic (pronounced "Kwa-ray"), a major producer of Norwegian farmed salmon, announced today that they will join IBM Food Trust to enhance the traceability of its Arctic salmon and help foster consumer trust across their supply chain.
Spain's CaixaBank Teams with IBM Services to Accelerate Cloud Transformation and Innovation in the Financial Services Industry
CaixaBank, a leading financial institution in Spain and Portugal, serving more than 15.5 million customers, has announced an agreement with IBM Services (NYSE: IBM) to help accelerate its hybrid cloud journey and continue their work to increase the bank's capability to develop innovative, digital-first solutions to enhance client experiences.
IBM Services Collaborates with Lotte Card to Adopt A Hybrid Cloud Strategy To Help Transform Core Financial Accounting Systems
IBM (NYSE: IBM) announced today that the Korean credit card company, Lotte Card, which services a wide network of retailers including department stores, hypermarkets and cinemas, is collaborating with IBM Services to transition its entire enterprise system, including mission critical and core financial accounting systems, to a hybrid cloud environment. By using cloud native technology from IBM and Red Hat Openshift to migrate its core business applications to a managed private cloud, Lotte Card aims to achieve greater visibility, scalability, security and speed while reducing costs, risk and complexity to its IT infrastructure so it can deliver innovative services to its clients.
The Dow Jones Industrial Average - that group of 30 blue-chip behemoths with long track records of outperformance - is trailing the other major indexes by a wide margin this year.But the Dow's 30 stocks are starting to catch up.The DJIA is down nearly 10% year-to-date. That compares unfavorably with the S&P; 500's drop of less than 5%, to say nothing of the Nasdaq Composite's rise of more than 7%. Since the market's bottom in March, however, it's essentially a three-way tie. The Dow, S&P; 500 and Nasdaq are all up about 40%.If you want to ride the coattails of the Dow's accelerating revival, just remember that not all Dow stocks are created equal. Each index component has a solid pedigree. However, their short- to intermediate-term prospects diverge widely.If you want to pick and choose...
Many companies have been suspending their dividends during the COVID-19 crisis, and in many cases it is understandable. At the same time, many companies are maintaining or increasing their dividends during this crisis. Here are three stocks that dividend investors should love.
IBM and Persistent Systems to Accelerate IBM Cloud Pak Deployment and Core IT Modernization for Enterprises
IBM (NYSE: IBM) and Persistent Systems (BSE & NSE: PERSISTENT) today announced a new collaboration to help accelerate IBM Cloud Pak deployments to speed clients' enterprise modernization and their move to the cloud. Over the last year, more than 2,000 Persistent engineers and technical professionals have been extensively trained on critical containerization and Kubernetes skills needed to deliver value in multi-cloud environments, especially those leveraging IBM Cloud Paks on Red Hat OpenShift. Persistent also announced a new IBM Cloud Pak deployment practice to help organizations migrate and modernize IBM workloads across all cloud environments, including IBM public cloud and IBM Cloud services.
The market's violent rebound since the March 23 lows has been a welcome relief for long-term shareholders and a boon for dip buyers. But one group of investors has actually been put out by the rally: income investors looking to put dry powder to work in high-dividend stocks.As the S&P; 500 has crashed and recovered, its yield has whipsawed. The blue-chip index yielded roughly 1.8% to start 2020, jumped all the way to 2.3% as of March, and has dipped back below 2%. That might not sound like much, but remember: That's the average among 500 large-cap companies. The swings across the broader stock market have been much more pronounced, and several high-yield dividend opportunities have disappeared as a result.Several ... but not all.Hundreds of high-dividend stocks still deliver payouts of ...
"Following this new agreement TietoEVRY and IBM have no notices of arbitration," it said in the statement. Last year both companies submitted notices of arbitration related to their co-operation. As part of the deal some 180 employees currently employed by IBM will join TietoEVRY's cloud specialists team, and some 25 employees currently employed by TietoEVRY will join IBM.