IBM Earnings Show It's Still Struggling With New Product Growth
IBM forecast second-quarter profit that fell short of analysts’ projections, signaling its multiyear effort to become a purveyor of cloud products and technology using artificial intelligence won’t soon stop its four-year sales slump.About 38 percent to 39 percent of the company’s full-year earnings forecast of at least $13.50 per share will come in the first half, Chief Financial Officer Martin Schroeter said Monday. That projects to about $2.78 to $2.92 a share, compared with the $3.45 averag..>> view originalDow Clambers Back Above 18000
The Dow Jones Industrial Average closed above 18000 for the first time since July, a milestone that reflects how the outlook for markets has boomeranged since stocks tumbled at the start of the year. The Dow has gained 15% since its 2016 low hit on Feb. 11, as fears about the U.S. economy have faded, oil prices have recovered and the Federal Reserve has signaled a cautious approach to raising interest rates. Some investors...>> view originalWall Street Punishes Netflix For Missing Subscriber Growth Targets, But Here's Why Consumers Should Be Happy ...
I watched two episodes of Netflix‘s Unbreakable Kimmy Schmidt on Friday evening. When I sat down to my Roku to watch the next episode two nights later, the main screen on the Netflix app knew where I was headed: One click down to Kimmy Schmidt, which was listed first under “Continue Watching.” One click into the Kimmy Schmidt episode screen. That is all. No more clicks. The next episode just started playing. I didn’t have to click a thing. If I had wanted to re-watch part of the previous epis..>> view originalAsian shares rise, taking cue from Wall Street
TOKYO A major index of Asian shares rose to five-month highs on Tuesday, taking its cue from gains on Wall Street after a strike in Kuwait helped pull crude oil prices above their overnight lows.Financial spreadbetters predicted a mixed opening for European markets, with Britain's FTSE 100 .FTSE seen opening down 0.2 percent, Germany's DAX .GDAXI seen gaining 0.3 percent, and France's CAC 40 .FCHI expected to edge 0.1 percent higher. MSCI's broadest index of Asia-Pacific shares outside Japan ...>> view originalMichigan governor to drink Flint water for at least a month
Michigan Gov. Rick Snyder fills jugs with filtered Flint tap water alongside Cheryl Hill at Hill’s house (Jake May/The Flint Journal-MLive.com via AP) By David Eggert | AP April 18 at 6:44 PM LANSING, Mich. — Michigan Gov. Rick Snyder will drink Flint water at home and at work for at least a month to show to residents it is safe with the use of a faucet filter, he said Monday. The Republican governor, who has apologized for his administration’s role in the city’s lead-tainted water crisi..>> view originalCVS introduces curbside pickup service
CVS Health is introducing a curbside pickup service accessible through its mobile app.(Photo: CVS Health)You may never need to walk into a CVS store again — and that's just fine with the drugstore chain.The retailer planned to announce Tuesday that it will allow customers to order most items using a mobile app and get their order delivered to their vehicle when they drive up to the store. The idea adds a twist to drive-through businesses — whether it has been banks, dry cleaners and, of course, ..>> view originalColorado Springs gas prices clear $2 a gallon for first time in 2016
Gas pump. Michael Ciaglo/The Gazette For the first time in more than five months, gas prices have hit the $2 mark in Colorado Springs. And you can blame Texas for the increase - a Texas refinery, that is. Local prices for a gallon of unleaded gasoline have spiked 12.1 cents in the past week - reaching $2 on Friday and averaging $2.04 on Monday, according to GasBuddy.com, the online service that tracks prices across the country. It's the first time local prices hit $2 per gallon since Nov. 5..>> view originalChina's Real Estate Conundrum: The Big Property Bubble vs. Ghost Towns
ZHUZHOU, China — The road from the center of this midsize city in China’s Hunan province to the new high-speed railway station in its suburbs is lined with newly built and, in some cases, half-completed high-rise buildings — along with billboards advertising high-end real estate.The names and the slogans are alluring: “In the city, on the mountain, villa life,” says one. “Rain Valley — Zhuzhou’s first love-themed garden,” proclaims another. “Luxury Bay,” “Luxury Mansions,” “Original French-style..>> view original22 charged with illegally collecting Social Security
LOS ANGELES (AP) — Federal grand juries in Los Angeles have indicted 22 people, including a sheriff's deputy, on charges of illegally obtaining Social Security cash benefits, the U.S. attorney's office announced Monday. The indictments were returned last week and announced after the arrest of a defendant who is an employee of the Social Security Administration. The defendants caused a cumulative loss of $2.6 million, the U.S. attorney's office said, with most of the schemes involving taking ..>> view originalBill Campbell, adviser to Steve Jobs and Larry Page, dies
SAN FRANCISCO, CA - SEPTEMBER 10: Bill Campbell (Intuit) speaks at the Tech:Crunch Disrupt SF 2012 Conference on September 10, 2012 in San Francisco, California. (Photo by C Flanigan/Getty Images)(Photo: C Flanigan, Getty Images)SAN FRANCISCO — Silicon Valley has lost a legend."Coach" Bill Campbell, an executive at Apple and Intuit who mentored the likes of Steve Jobs, Google co-founder Larry Page and Amazon CEO Jeff Bezos, died Monday morning of cancer after a long illness, according to ventu..>> view original
Tuesday, April 19, 2016
IBM Earnings Show It's Still Struggling With New Product Growth and other top stories.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment