IBM is scheduled to report earnings after Tuesday's close. IBM's stock hit a record high of $215.90/share in 2013 and is trading near $169/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down. more...
IBM 8-inch Floppy Disk 1971
Chen Liming is the new IBM chairman of the Greater China region. Before joining IBM, Chen was China president of British Petroleum and has extensive operating experience in the Chinese market. Chen gained his Master's degree from Cornell University in 1989 and completed an advanced management program at Harvard Business School in 2003. He joined British Petroleum in November 2008 and was appointed ...
These six Dow components are set to report quarterly results this week. Investor reaction to these reports could decide whether or not the weekly chart for the Dow 30 shifts to negative or not. American Express reports quarterly results after the closing bell on Wednesday and analysts expect the company to earn $1.38 per share. The stock is down 7.5% year to date and is below its 50-day and 200-day simple moving averages at $91.43 and $89.89, ...
On Monday, August 25, 2014 the S&P 500 Index crossed 2,000 points for the first time ever more than 16 years after it hit 1,000. Take a look at the ten largest components then and now. #1 Then General Electric (GE) Market Value Then: $240.1 Billion % Index Then: 3.2% 2014 Rank: 8 #2 Then Coca-Cola (KO) Market Value Then: $164.9 Billion % Index Then: 2.2% 2014 Rank: 19 ...
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