Highlights
A collection of news and information related to International Business Machines Corporation published by Tribune Company sources.
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Traders on Wall Street say the past 2 weeks are the worst they've ever seen
AP Business WriterNEW YORK (AP) _ "There's nothing that's come anywhere near this." Alan Valdes, a trader for brokerage and financial services firm Hilliard Lyons, said past market crises — the 1987 crash, the dot-com bust, the savings and loan collapse — were...Tags: Stock Broking, Stock Activities, Marketing, New York Stock Exchange, Stocks
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Stock indexes slammed
U.S. stocks on Thursday sprinted to fresh five-year lows, with the major indexes slammed for a seventh straight session as financial shares and General Motors Corp. tanked and global credit woes caused panicked investors to flee equities. One year to the...Tags: Stock Activities, XL Capital Limited, Bonds, Stocks, American International Group
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Short-selling ban leaves SEC with little to show
When Ric Dillon, chief executive of Diamond Hill Investment Co., saw his company's name on the list of firms protected by regulators from short sellers, he had an instinctive reaction: Get off that list. Perhaps more corporate executives should have...Tags: Federal Reserve, Stock Activities, The Goodyear Tire & Rubber Company, Stocks, Securities
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Dow dips below 9,000 for first time since 2003
The Associated PressStocks plunged in the final hour of trading today, sending the Dow Jones industrial average down 679 points -- more than 7 percent -- to its lowest level in five years after a major credit ratings agency said it might cut its rating on General Motors...Tags: Stock Broking, Stocks, American International Group, Financial Markets, Petroleum Industry
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IBM 3Q profit a bright spot but tech stocks choppy as more gloom likely ahead
AP Technology WriterSAN FRANCISCO (AP) _ Even after IBM Corp. surprised Wall Street with a healthy profit in the third quarter and a reaffirmation of its earnings outlook for the rest of the year, the broader technology sector dived again Thursday. There's just not enough of...Tags: Stock Activities, Technology, Marketing, Stocks, Earnings Forecasts
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IBM sells $3.9B worth of corporate bonds after reporting better-than-expected quarterly profit
AP Business WriterNEW YORK (AP) _ IBM Corp. sold $3.9 billion in bonds on Thursday, a sign that the stalwarts of the corporate world are still finding lenders. "The markets were open to us at this time, so we decided to enter," said IBM spokesman Doug Shelton. He added...Tags: Caterpillar Inc., Stock Activities, Lehman Brothers Holdings Incorporated, Stocks, Bonds
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Market opens higher after tough stretch
Stocks opened higher Thursday after IBM Corp. affirmed its profit forecast and investors hoped the government might take ownership stakes in banks to help stabilize the financial industry. Investors also looked to recover from near-panic selling that...Tags: Stock Broking, Stocks, American International Group, Financial Markets, Petroleum Industry
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IBM 3Q profit tops forecasts; surprise announcement helps shore up falling stock price
AP Technology WriterSAN FRANCISCO (AP) _ Shares of IBM Corp. jumped Thursday after the technology company's surprise announcement that it was still plenty prosperous in the third quarter despite the worsening economic climate. The Armonk, N.Y.-based company released its...Tags: Stock Activities, Prices, Stocks, Sales, Sap AG
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Supercomputer delves into global warming
So many global-warming studies have been conducted now that you have to wonder: What new revelations could possibly be brought to light at this point? That global warming makes presidential debates more tedious? But the National Center for Atmospheric...Tags: Global Warming, Global Change, Executive Branch, Regional Authority, Allen Boyd
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Patience pays off for Philadelphia Phillies' slugger Ryan Howard
Tribune NewspapersPHILADELPHIA — Aristotle believed patience to be a virtue. Ryan Howard disagrees. And Aristotle might have, too, had he, like Howard, led the National League in intentional walks through his first three full seasons. "Baseball's the only game...Tags: Civil Rights, Major League Baseball, Philadelphia Phillies, Pat Burrell, Jeff Suppan
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IBM's Bluefire supercomputer seen as potential tool to predict global weather
South Florida Sun-SentinelIt's as fast as 25,000 high-end laptops linked together. It has enough capacity to store 30 million novels. And someday, it might help keep you safe in severe weather. This is the Bluefire, an IBM supercomputer so powerful that scientists think it will...Tags: Global Warming, Weather Statistics, Tropical Weather, Global Change, Natural Disasters
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Allianz Invests $2.5 Billion In The Hartford
A $2.5 billion helping hand for The Hartford, announced Monday after a battering week in stock market hell, marks a dramatic attempt by the homegrown insurer to restore investor confidence. But the investment from German financial powerhouse Allianz...Tags: Stock Broking, Mergers, Acquisitions and Takeovers, Employers, United Technologies Corporation, Stocks
Oct 10, 2008
|Story| Associated Press
Oct 10, 2008
|Story| Hampton Roads Daily Press
Oct 10, 2008
|Story| Chicago Tribune
Oct 9, 2008
|Story| Associated Press
Oct 9, 2008
|Story| Associated Press
Oct 9, 2008
|Story| Associated Press
Oct 9, 2008
|Story| Newsday
Oct 9, 2008
|Story| Associated Press
Oct 9, 2008
|Story| Orlando Sentinel
Oct 8, 2008
|Story| Chicago Tribune
Oct 8, 2008
|Story| South Florida Sun-Sentinel
Oct 7, 2008
|Story| Hartford Courant
