IBM (IBM) Declares $1.57 Quarterly Dividend; 4.4% Yield
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July 30, 2018 7:10 AM EDT
Wells Fargo resumes coverage on IBM (NYSE: IBM) with a Market Perform rating.
For an analyst ratings summary and ratings history on IBM click here. For more ratings news on IBM click here.
Shares of IBM closed at $145.15 yesterday.
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July 30, 2018 4:16 AM EDT
By Anna Irrera
NEW YORK (Reuters) - Foreign exchange settlement provider CLS, IBM (NYSE: IBM) and nine financial institutions, including Barclays Plc and Citigroup Inc (NYSE: C), are testing a platform to access blockchain-based applications, the companies said on Monday.
The platform, LedgerConnect, will offer applications and services provided by different vendors in areas such as customer compliance checks, sanctions screening and collateral management, the companies said.
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July 27, 2018 2:24 PM EDT
By Jan Wolfe
(Reuters) - A U.S. jury on Friday awarded International Business Machines Corp (NYSE: IBM) $83 million in a patent dispute with e-commerce company Groupon Inc (NASDAQ: GRPN).
A jury in Delaware said Groupon used IBM's patented e-commerce technology without authorization following a two-week trial.
"IBM invests nearly $6 billion annually in research and development, producing innovations for society," IBM spokesman Douglas Shelton said in a statement. "We rely on our patents to protect our innovations. We are... More
July 27, 2018 1:43 PM EDT
IBM (NYSE: IBM) Wins $83M From Groupon (NASDAQ: GRPN) in E-Commerce Patent Case - Bloomberg
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