The shortage of heating fuel across the country and rise in prizes. We have all of that and more for this tuesday, january 21st. Good evening, on this cold and snowy day for much of the eastern part of the country, ibm, one of the priceyest and therefore one of the most important stocks in the price weighted dow index tried its best to warm things up on wall street. The Worlds Largest Technology Services Company Reported better than expected earnings in the latest quarters, 6. 13 a share, thats 14 cents better than the forecast. But the good news sort of ended there. Margins narrowed ever so slightly and revenue declined 5 ending about a half billion dollars short of estimates. That sent shares initially lower in late trading today. As you see on that graphic. Josh lipton joins us with more. What is the key takeaway from these results . Tyler, listen, ibm reports and the big number investors focused on, 27. 7 billion. That was ibms revenue for the Fourth Quarter and it was a miss. Anal
Across the country and rise in prizes. We have all of that and more for this tuesday, january 21st. Good evening, on this cold and snowy day for much of the eastern part of the country, ibm, one of the priceyest and therefore one of the most important stocks in the price weighted dow index tried its best to warm things up on wall street. The Worlds Largest Technology Services Company Reported better than expected earnings in the latest quarters, 6. 13 a share, thats 14 cents better than the forecast. But the good news sort of ended there. Margins narrowed ever so slightly and revenue declined 5 ending about a half billion dollars short of estimates. That sent shares initially lower in late trading today. As you see on that graphic. Josh lipton joins us with more. What is the key takeaway from these results . Tyler, listen, ibm reports and the big number investors focused on, 27. 7 billion. That was ibms revenue for the Fourth Quarter and it was a miss. Analysts covering ibm wanted to s
Across the country and rise in prizes. We have all of that and more for this tuesday, january 21st. Good evening, on this cold and snowy day for much of the eastern part of the country, ibm, one of the priceyest and therefore one of the most important stocks in the price weighted dow index tried its best to warm things up on wall street. The Worlds Largest Technology Services Company Reported better than expected earnings in the latest quarters, 6. 13 a share, thats 14 cents better than the forecast. But the good news sort of ended there. Margins narrowed ever so slightly and revenue declined 5 ending about a half billion dollars short of estimates. That sent shares initially lower in late trading today. As you see on that graphic. Josh lipton joins us with more. What is the key takeaway from these results . Tyler, listen, ibm reports and the big number investors focused on, 27. 7 billion. That was ibms revenue for the Fourth Quarter and it was a miss. Analysts covering ibm wanted to s
Barometer Capital Management Inc. purchased a new position in shares of Royal Bank of Canada (NYSE:RY – Free Report) (TSE:RY) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 19,620 shares of the financial services provider’s stock, valued at […]
Sollinda Capital Management LLC bought a new stake in Royal Bank of Canada (NYSE:RY – Free Report) (TSE:RY) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,098 shares of the financial services provider’s stock, valued at approximately $313,000. Other hedge funds […]