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Companies, two big disappointments and two stocks that carry a lot of weight. One of them the dow, the other the nasdaq, big blues Quarterly Report out after the market close was another in a long line of revenue misses, income continues to be hurt by sharp declines in hardware sales. Ibm earned 2. 54 a share, right along with predictions but revenue missed coming in at 22 and a half billion, less than expected. That sent shares initially lower in afterhours trading. Morgan brenner has been looking through the report and has more on that. So morgan, as you look through the numbers what do you see as the key takeaway from ibm. Well, ibm is one of the ones with the bigger numbers, but shares have continued to weigh on their growth, countries like brazil, china, revenue falling in those countries about 11 from a year ago. But none more so than china. So revenues in the worlds second largest economy actually fell about 20 from a yea ....
Companies, two big disappointments and two stocks that carry a lot of weight. One of them the dow, the other the nasdaq, big blues Quarterly Report out after the market close was another in a long line of revenue misses, income continues to be hurt by sharp declines in hardware sales. Ibm earned 2. 54 a share, right along with predictions but revenue missed coming in at 22 and a half billion, less than expected. That sent shares initially lower in afterhours trading. Morgan brenner has been looking through the report and has more on that. So morgan, as you look through the numbers what do you see as the key takeaway from ibm. Well, ibm is one of the ones with the bigger numbers, but shares have continued to weigh on their growth, countries like brazil, china, revenue falling in those countries about 11 from a year ago. But none more so than china. So revenues in the worlds second largest economy actually fell about 20 from a yea ....
Companies, two big disappointments and two stocks that carry a lot of weight. One of them the dow, the other the nasdaq, big blues Quarterly Report out after the market close was another in a long line of revenue misses, income continues to be hurt by sharp declines in hardware sales. Ibm earned 2. 54 a share, right along with predictions but revenue missed coming in at 22 and a half billion, less than expected. That sent shares initially lower in afterhours trading. Morgan brenner has been looking through the report and has more on that. So morgan, as you look through the numbers what do you see as the key takeaway from ibm. Well, ibm is one of the ones with the bigger numbers, but shares have continued to weigh on their growth, countries like brazil, china, revenue falling in those countries about 11 from a year ago. But none more so than china. So revenues in the worlds second largest economy actually fell about 20 from a yea ....
That is the way it is set this stay as we go into our new week. We have switched from warm Continental Air into the cooler atlantic air. Also a more unsettled look to the weather as low pressure is now driving things in quite a big low to the north of the uk on sunday, it will make for quite a windy day and some persistent rain close to the centre of that low affecting scotland, Northern Ireland and northern england, times extending into north wales too. To the south, perhaps a couple of showers around but i think a lot of dry weather actually for sotuh wales and southern england and parts of east anglia and the midlands. As i said, a windy day and particularly gusty, high ground and some of those a0 to 45 mph. In terms of the temperatures, considerably lower than the numbers we saw through the end of the week. By a factor of 10 degrees, 15 degrees for glasgow, close to 30 ....