BMO Capital Raises Price Target on IBM (IBM) to $165; Reiterates Market Perform
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CSC and IBM Expand Strategic Alliance with Collaboration Utilizing IBM Cloud for z to Enable Clients' Move to Cloud
July 19, 2016 12:00 AM EDTTYSONS, Va. and ARMONK, N.Y., July 19, 2016 /PRNewswire/ -- CSC (NYSE: CSC) and IBM (NYSE: IBM) today announced a collaboration in which IBM will provide its Cloud Managed Services for z Systems -- IBM Cloud for z -- and associated mainframe hardware, software, monitoring and governance support to CSC clients who are moving to the cloud and want a... More
IBM Reports 2016 Second-Quarter Earnings
July 18, 2016 4:09 PM EDTContinued Strong Growth in Strategic Imperatives Led by IBM Cloud
Highlights
Diluted EPS: GAAP of $2.61; Operating (non-GAAP) of $2.95 Revenue from continuing operations of $20.2 billion Strategic imperatives revenue of $30.7 billion over the last 12 months represents 38 percent of IBM revenue- Strategic imperatives revenue of $8.3 billion in the quarter, up 12 percent year to year Cloud revenue of $11.6 billion over the last 12 months
- Cloud as-a-service annual run rate of $6.7 billion in the quarter, up 50 percent year to year... More
Xinyuan Real Estate Co., Ltd. Announces Blockchain-Powered Real Estate Finance Technology Platform
July 18, 2016 8:30 AM EDTBEIJING, July 18, 2016 /PRNewswire/ -- Xinyuan Real Estate Co., Ltd. ("Xinyuan" or "the Company") (NYSE: XIN), an NYSE-listed real estate developer and property manager primarily in China and recently in other countries, today announced that its new blockchain-powered real estate finance technology platform was released at the 1st China Financial Technology Conference held in Beijing in the second week of July. As IBM's (NYSE: IBM) first blockchain cooperation partner in China, Xinyuan established the online platform that connects home owners with broad channels for financing opportunities, while... More
Pritzker Group Venture Capital Promotes Gabe Greenbaum to Partner and Peter Liu to Vice President
July 18, 2016 8:00 AM EDTCHICAGO--(BUSINESS WIRE)-- Pritzker Group Venture Capital, which recently celebrated its 20th year of venture capital investing, today announced the promotions of Gabe Greenbaum to partner and Peter Liu to vice president.
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