Share. That topped estimates by a full six cents. That was the positive revenue came in a bit shy of expectations. Still, big blue brought in nearly 21 billion in the quarter. If thats shy, id like to be shy. Investors were not pleased, though they sent shares lower right off the bat in extended trading today. John fort has the one takeaway you should focus on. One takeaway from the ibm call the downturn in Growth Markets was not enough to make up for stabilization in the services business. Brazil russia and china, and particularly down doubledigits. Those were markets that ibm was looking forward to grow. India was up partially. Services backlog was up to 122 billion. The first time thats seen positive growth in a couple years. That wasnt enough to make up for the trouble in Growth Markets and the stock was down after hours. For nightly Business Report im john fort. The street will be focused on ibms earnings there will be plenty of big name teks companies announcing their results thi
Share. That topped estimates by a full six cents. That was the positive revenue came in a bit shy of expectations. Still, big blue brought in nearly 21 billion in the quarter. If thats shy, id like to be shy. Investors were not pleased, though they sent shares lower right off the bat in extended trading today. John fort has the one takeaway you should focus on. One takeaway from the ibm call the downturn in Growth Markets was not enough to make up for stabilization in the services business. Brazil russia and china, and particularly down doubledigits. Those were markets that ibm was looking forward to grow. India was up partially. Services backlog was up to 122 billion. The first time thats seen positive growth in a couple years. That wasnt enough to make up for the trouble in Growth Markets and the stock was down after hours. For nightly Business Report im john fort. The street will be focused on ibms earnings there will be plenty of big name teks companies announcing their results thi
Share. That topped estimates by a full six cents. That was the positive revenue came in a bit shy of expectations. Still, big blue brought in nearly 21 billion in the quarter. If thats shy, id like to be shy. Investors were not pleased, though they sent shares lower right off the bat in extended trading today. John fort has the one takeaway you should focus on. One takeaway from the ibm call the downturn in Growth Markets was not enough to make up for stabilization in the services business. Brazil russia and china, and particularly down doubledigits. Those were markets that ibm was looking forward to grow. India was up partially. Services backlog was up to 122 billion. The first time thats seen positive growth in a couple years. That wasnt enough to make up for the trouble in Growth Markets and the stock was down after hours. For nightly Business Report im john fort. The street will be focused on ibms earnings there will be plenty of big name teks companies announcing their results thi
Nike on a downgrade from jpmorgan after those layoffs yesterday. Apple getting serious on content hiring two big time executives from sony. Well go live to miami ahead of the president s expected announcement on cuba this afternoon. We are getting some breaking news on whole foods. Holy cow. I heard you gasp just now. This is such a game changer amazon to buy whole foods. You know yesterday was a day for kroger that was tough today will be an even tougher day. This is a game changer this is it this is what everybody thought could happen they will now dominate food within the next two years. Wow. Just yesterday we were reading a piece in texas monthly, john mackey, basically going after activists saying theyre not interested in the long term. More interested in the short term stock was halted i would say about four or five minutes ago for news pending but this this is wow. A day well remember for a long time. Yes, we will. I guess mackie had enough of them hes one tough hes a tough guy,