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Transcripts For CNBC Closing Bell 20151027

Gilead. We will have the instant analysis. We are 26 hours away from the start of the cnbcs coverage of the gop president ial debate. Steve forbes and todd butch holds are here to tell what you say they want to hear from the candidates and predict who they think will come out on stop. We begin with ibm under investigation by the sec they have dis pleased. Bob pisani has the latest as the shares are falling. Well, obviously investors are taking this a little ease seriously. Ibm down 3. 6 . It dropped 2 on this news and their investigation on revenue recognition issues at the sec, ibm says they are cooperating with them. They are investigating how they account for certain revenues that they get from transactions in the u. S. , in the u. K. And irela ireland. You would think does that sound that serious . I think the issue here is that revenue recognition is sort in the Software Services particularly is sort of the heart of their growth that theyre having and anything that interrupts that

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