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
What To Watch For As Big Investors Reveal Their Q1 Portfolio Bets This Week investopedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investopedia.com Daily Mail and Mail on Sunday newspapers.
Adam Neumman has bid more than $500 million to take back WeWork, the bankrupt coworking company he founded and led before being ousted in 2019. Neumman has since started a real estate venture, Flow.
Advance Auto Parts inks corporation agreement with activist investors streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Billionaire Dan Loeb's Third Point Capital exited its position in Alphabet and significantly reduced its stake in Uber in the fourth quarter, while also trimming positions in Amazon, Microsoft and Taiwan Semiconductor, according to the company's latest 13-F filling.