IBM (IBM) Tops Q4 EPS by 14c; Guides FY13 EPS Above Consensus

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Notable ETF Movers of the Day 01/23: (XLK) Higher; (GDX) (KOL) Lower

January 23, 2013 2:02 PM EST

Gainers:

Technology Select Sector SPDR ETF (NYSE: XLK) gained 1 percent to 29.8. Todays strength can be traced to two companies, IBM (NYSE: IBM) and Google (Nasdaq:... More

BMO Capital Boosts PT on IBM (IBM) Post Q4

January 23, 2013 8:29 AM EST

BMO Capital analyst Keith Bachman raised estimates and his price target on IBM (NYSE: IBM) from $220 to $233 following Q4 results. He maintained a Market Perform rating.

Bachman said Q4 results were largely in-line but notes "with a modest negative sentiment... More

Societe Generale Upgrades IBM (IBM) to Hold

January 23, 2013 6:56 AM EST

Societe Generale upgraded IBM (NYSE: IBM) from Sell to Hold post Q4.

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 $196.08 yesterday, with a 52 week range of $181.85-$211.79.... More

Shift Into Higher-Value Business Drives IBM (IBM) to Q4 Beat, Strong FY13 EPS Outlook

January 22, 2013 4:59 PM EST

If you're talking about growth, add International Business Machines (NYSE: IBM) to that conversation.

The venerable IT giant reported revs fell one percent to $29.3 billion, though the number was up one percent after factoring-out divested RSS business. Operating net income rose 10 percent to $6.1 billion, or $5.39 per share.
... More