Ownership, its coming down to just one number. Well tell what you it is and what it means. Lets check in with sara at the nyse. High, sara. Good afternoon. Hard to believe just two more months remaining until 2015 is done. Just about 50 trading days left in the year. Are we setting up for presents under the tree or coal in our stockin stockings . Dominic chu is taking a closer look at that question. Dom . Sara, how many times have we talked about seasonality in the markets over our years together here. But lets take a look at this, everyone talks about the santa claus rally and the seasonably strong Fourth Quarter for stocks. Well, lets take a look. Our data partners at kensho crunched the numbers and for the last two months of any year over the last ten years, so november to december returns, the s p is up on average over 1. 5 . The dow the same, and theyve both been positive in 8 of the last 10 instances. A decentsized gain although some would point out because of the strong gains we
Making hardware into cloud computing. Ibm reported earnings of 3. 34 a share. That was four cents better than estimates. Thats the good news. But revenue fell nearly 14 from a year ago, coming in at 19. 28 billion. And that sent shares of the dow component initially lower in afterhours trading. In an interview after the results were released ibms cfo talked about the decline in revenue. Within the revenue we report we obviously have a pretty substantial currency headwind that we continue to deal with. And as we transform our business we continue to move out of areas where we dont see longterm value. So across that across our revenue base thats about 13 points of impact. Josh lipton has more now on ibms results. Reporter 5. 1 billion. That is what ibm reported for its software revenue. A drop of 10 compared with the Third Quarter of last year. Analysts had been looking for 5. 2 billion. So a point of weakness where the street was expecting strength. Fbrs dan ives says the bigger point h
Making hardware into cloud computing. Ibm reported earnings of 3. 34 a share. That was four cents better than estimates. Thats the good news. But revenue fell nearly 14 from a year ago, coming in at 19. 28 billion. And that sent shares of the dow component initially lower in afterhours trading. In an interview after the results were released ibms cfo talked about the decline in revenue. Within the revenue we report we obviously have a pretty substantial currency headwind that we continue to deal with. And as we transform our business we continue to move out of areas where we dont see longterm value. So across that across our revenue base thats about 13 points of impact. Josh lipton has more now on ibms results. Reporter 5. 1 billion. That is what ibm reported for its software revenue. A drop of 10 compared with the Third Quarter of last year. Analysts had been looking for 5. 2 billion. So a point of weakness where the street was expecting strength. Fbrs dan ives says the bigger point h
Making hardware into cloud computing. Ibm reported earnings of 3. 34 a share. That was four cents better than estimates. Thats the good news. But revenue fell nearly 14 from a year ago, coming in at 19. 28 billion. And that sent shares of the dow component initially lower in afterhours trading. In an interview after the results were released ibms cfo talked about the decline in revenue. Within the revenue we report we obviously have a pretty substantial currency headwind that we continue to deal with. And as we transform our business we continue to move out of areas where we dont see longterm value. So across that across our revenue base thats about 13 points of impact. Josh lipton has more now on ibms results. Reporter 5. 1 billion. That is what ibm reported for its software revenue. A drop of 10 compared with the Third Quarter of last year. Analysts had been looking for 5. 2 billion. So a point of weakness where the street was expecting strength. Fbrs dan ives says the bigger point h
Scientific research. Special troops fighters. Ash carter stole the committee in congress, the u. S. Is to send a specialized Expedition Force to iraq, he said the deployment is being coordinated with the iraqi government, and the force would help Kurdish Forces retake ground from the isil. It would be able to free hostages gather intelligence and capture leaders that might also be in a position to launch operations in syria. Rosalyn jordan is live for us, we are seeing i guess you can call an intensification. You can very well call it an intensification. Before this special Expedition Force, what has been happening with the 3500 military advisors already inside of iraq. American special operators bring a unique sweep of capabilities that make them force multipliers. To help us garner valuable ground intelligence, further enhance our air campaign and above all enable local forces that can hold territory occupied by isil. The question during tuesdays hearing, but this hasnt been enough o