InfoAnda - IBM 3rd-quarter seen strong, helped by new mainframe |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

U.N.'s Ban calls Somali government chance for stability | | 23 May 2010
Home of second 'Slumdog' child star demolished | 21 May 2009
Ohio State University Shooting Suspect In Custody; One Killed, Two Wounded | 9 March 2010

Flowers, gifts and a kiss for Streep in Berlin | | 15 February 2012

Forum Views () Forum Replies ()

Read more with google mobile : IBM 3rd-quarter seen strong, helped by new mainframe |

Edition: U.S. Article Comments (0) Email Print Reprints Inside Google Read WRAPUP 3-Bank stocks fall again on U.S. foreclosure mess 15 Oct 2010 Bill Clinton stumps for ex-foe Brown in California 12:56am EDT Factbox: Countrywide's subprime lending 15 Oct 2010 Judge lets states' healthcare suit go forward 14 Oct 2010 Fiscal 2010 deficit thins to $1.29 trillion 12:59am EDT Discussed 206 California governor debate turns into verbal brawl 98 U.S. judge allows states’ healthcare suit to proceed 85 U.S. is currency war’s ”tomb maker”: China economist Watched Red faces over top model gaffe Tue, Sep 28 2010 A fuel bringing Mars within range? Thu, Oct 14 2010 President hits campaign trail Fri, Oct 15 2010 Report Title Price ValuEngine Industry Report for SOFTWARE AND EDP SERVICES Provider: ValuEngine, Inc. $49.0 Buy ACN: Risk/Reward Rating: Full Report: Cash Truth Behind the Reported Earnings Provider: New Constructs, LLC $10.0 Buy ACCENTURE LTD (ACN=US) - REPORT FOR ACTIVE TRADERS Provider: Pechala's Reports $25.0 Buy Validea Guru Analysis Report for ACN. Analysis using Validea's interpretation of the published quantitative strategies of well-known Wall Street experts including Peter Lynch, Warren Buffett, Ben Graham and Ken Fisher, among others. Provider: Validea $18.0 Buy NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here. IBM 3rd-quarter seen strong, helped by new mainframe Tweet This Share on LinkedIn Share on Facebook Related News Pega CEO would rather eat sand than sell to IBM Thu, Oct 14 2010 Dell executive sees good corporate PC demand Mon, Oct 4 2010 RPT-HP and new CEO brace for wave of software deals Mon, Oct 4 2010 UPDATE 6-HP names SAP ex-chief as its new CEO, shares slide Thu, Sep 30 2010 UPDATE 3-Accenture raises profit outlook, lifts dividend Thu, Sep 30 2010 Related Topics Technology » Media » Stocks By Ritsuko Ando NEW YORK | Fri Oct 15, 2010 6:11pm EDT NEW YORK (Reuters) - A new mainframe computer and a recovery in global tech spending likely buoyed International Business Machines Corp's third quarter, giving its shares room to rise. The shares climbed to record levels this week, but a stronger outlook, particularly in IT services, could nudge them even higher, analysts and investors said. "The shares have risen quite a bit lately. But I still view it as a very solid, long-term story because they have strong growth in services, software and hardware," said Standard & Poor's analyst Thomas Smith. Over the past decade, IBM has shifted its focus to profitable software and IT services, away from low-margin computer hardware. Its increasing profitability has been a major attraction for investors. But for the third quarter, analysts said they will be focusing on how customers responded to new hardware products, including a new "System z" mainframe computer able to process vast amounts of data and financial transactions. "Hardware has recently gone to less than 20 percent of revenue, so people begin to ignore that. However, in this quarter, one thing I'm looking for is how the launch goes with new hardware products," said Smith, adding that servers and other hardware products were crucial as they often spur sales of IBM's services and software. He rates IBM a "strong buy", the highest recommendation in his rating system. Smith does not own shares of IBM. Wall Street expects third-quarter earnings of $2.75 per share for the third quarter, up from $2.40 per share a year earlier, according to Thomson Reuters I/B/E/S. Quarterly revenue is expected to grow 2.4 percent to $24.1 billion, compared with a year ago. SERVICES GROWTH The results, due on Monday, are likely to show solid growth in software and services as well, analysts said. Results from technology services companies like Accenture Plc and Infosys Technologies Ltd have been strong, as more companies invested in IT projects after holding back during the global economic downturn. Analysts and investors said an increase in services contracts, which would indicate even stronger revenue growth ahead, was a key condition for the shares to rise further. One good sign, some of them said, was a recent extension in IBM's technology services contract with ABN AMRO. "If there's been one thing that's been holding back IBM shares, it's that their services signings have been disappointing. So this quarter, investors are hoping services signings will bounce back," said Mark Demos, a portfolio manager at Fifth Third Asset Management, which owns IBM shares. A strong outlook for the services and software segment could prompt IBM to raise its outlook for the full year. It previously forecast annual earnings of "at least $11.25". 1 2 Next Technology Media Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Saturday, 16 October 2010
Google shares surge on strong earnings
Sarkozy sends in riot police to break fuel blockade
Dutch prosecutors seek acquittal of anti-Islam MP |
US deficit shrinks nearly nine percent in fiscal 2010
Italy's Enel Green Power to float on Monday
US-TECH Summary
"Grey's Anatomy" Debuts New "Seattle Grace: Message Of Hope" Webisodes
NESV seal acrimonious Liverpool takeover
Derek Hough Talks "Demolition Dancing" On "Extreme Makeover: Home Edition"
Nigeria militants threaten new bomb attack in Abuja |
US Fed ramps up talk of intervention to salvage recovery
Pentagon bracing for release of 400,000 secret Iraq reports
Miller, Murkowski Deadlocked In Alaska Poll
Pakistan to press on with tax reforms after floods |
U.S. Retail Sales Rise 0.6 Percent In September
New Israeli settlement plan sparks Palestinian fury
Ecuador cave-in traps four miners |
India seeks 'cool jacket' design to help hot labourers
Ratan Tata Donates "Historic Gift" To Alma Mater Harvard
GM Recalls 303,100 Impalas Over Front Seat Belt Problems
New York Times releases free -- for now -- iPad app
October Annually Most Dangerous Month for Teen Drivers
Petraeus disturbed by confusion over hostage death |
$250 Payments Would Sub For Lack Of COLA
Faulty Foreclosure Paperwork Mess Might Cost Banks Billions
Russian firms say not responsible for web piracy
South Sudan tries to assure China on oil investments
Jesse Ventura Talks 9/11, JFK As "Conspiracy Theory" Second Season Premieres
Swedish Pirate Bay appeals trial wraps up
Pakistan told to shape up in exchange for aid
HP hires Nokia exec to run mobile software
US drone strike kills three in Pakistan: officials
Non-retail video game sales hit $2.9 billion
N.Korea repeats threat to shell S.Korea propaganda sites
HP hires Nokia exec to run mobile software
Djokovic, Federer storm into Shanghai tennis semis
Thailand's Red Shirts plan mass weekend rally
Mekong countries should delay dam projects for decade: study
Apple's earnings to showcase one-two punch |
Malaria stalks Myanmar's poor as healthcare crumbles
Aussie hits parity with US dollar
US-ENTERTAINMENT Summary
Actor Vince Vaughn defends "gay" joke in movie
Author Leonard dislikes eBooks, still loves movies
After industry, Germany exports lifestyle to China
Chinese artist's 'seeds' deemed London gallery health risk
Liza Minnelli cancels concerts due to pneumonia
Altered images depict horrors of pollution
Richards: Mick Jagger was "unbearable"
China, Greece to launch joint bid for logistics site contract
King of Pop shows new face in unseen photos
IMF sets central bank meeting in Shanghai Monday
Mitsubishi mulls higher Thai plant output amid strong yen
Airbus pitches A380 for Japan's busy domestic market
Japan central bank chief warns of delayed recovery
Japan pulls out of Iran's biggest onshore oil project
Fishing, kayaking Sarah Palin debuts TV show trailer |
India's Infosys' profits jump on improved tech spending
Roc-a-Fella Records founder charged in drug case |
HSBC scraps talks over Nedbank purchase
Actor Vince Vaughn defends gay joke in movie |
Skating with the Stars hits the ice on U.S. TV |
G20 host S.Korea: protectionism is top concern
Prince announces Welcome 2 America tour |
Liza Minnelli cancels concerts due to pneumonia |
Leif Garrett pleads no contest to drug possession |
Author Leonard dislikes eBooks, still loves movies |
US soldier faces court martial over Afghan killings
Chile's rescued miners mum on nightmare experience |
China mine blast kills 20, others trapped: report |
Palestinians protest new Jerusalem housing plan
Time, like all good things, may come to an end: study
French to hit streets anew over pension reform |
Tablet computer sales to hit 208 million in 2014
Resumption of stalled Iran nuclear talks on horizon
US deficit shrinks but still tops one trillion
Videogame fans sidestepping real-world shops: NPD
Karzai brother 'could be indicted for tax evasion'
U.S. To Monitor Venezuela's Relations With Nuclear Nations
World's longest tunnel breaks down Swiss Alpine barrier
U.S. Helping Taliban To Attend Peace Negotiations, Denies Direct Involvement
Iran wants to discuss dates to start nuclear talks
Sudan rebukes U.N. over border buffer zone plan |
New Security Chief At Washington Dulles International Airport
3 NATO troops die in Afghanistan as attacks surge
Manolo Blahnik Shows Off Sketching Skills On "The Martha Stewart" Show
Brazilian poll shows Rousseff leading by 6 points |
Dismay, disillusionment prevail in Palestinian camp
Pentagon Cautions Against Disclosure, Denies Knowledge Of DADT Cases Under Investigation
Weekly Recap
FBI was 'warned' about key figure in Mumbai attacks
Katy Perry Partners With Bing And Tapulous With “Katy Perry’s Revenge By Bing” Game
BMW recalls 21,000 cars from China: state media
Amnesty International: Israel Must Cease Illegal Settlement Expansion
"Skating With The Stars" To Premiere In November On ABC
Producers On The Race To Secure Film/TV Story Rights To Rescued Chilean Miners
UN chief slams Myanmar junta on rights ahead of election
Weather forecast for the Asia-Pacific region
NKorea threatens '1,000-fold' increase in weapons
Warner Bros. gives go-ahead to two "Hobbit" films
Government to report on $1 trillion-plus deficit
Canadian Guantanamo inmate negotiating plea deal
U.N. official: U.S. is $1.2 billion in arrears at U.N.
Ex-President Carter to start Mideast peace tour
IBM 3rd-quarter seen strong, helped by new mainframe |
Minimum and maximum temperatures in Celsius
Neb. senator seeks talks in Congress on fetal pain
Kid Cudi putting his troubles behind
Warner Bros. gives go-ahead to two "Hobbit" films
eBay names head of marketing for North America |
Keith Richards reveals all in rock'n'roll memoirs
Rapper T.I. sentenced to 11 months in jail
Ford to sell most of stake in Japan's Mazda: reports
Alicia Keys, Swizz Beatz welcome baby boy
US moves to avert China clash, but nods to pre-election ire
Actor Simon MacCorkindale dies at 58
Huey Lewis explores "Soulsville" on new album
Taylor Swift ready to "Speak Now" with third album
Neil Patrick Harris welcomes twins
Warner Bros. gives go-ahead to two Hobbit films |
Neil Patrick Harris welcomes twins |
Kid Cudi putting his troubles behind |
Huey Lewis explores Soulsville on new album |
Alicia Keys, Swizz Beatz welcome baby boy |
summit focuses on battling cyber bullies
Rapper T.I. sentenced to 11 months in jail |
Taylor Swift ready to Speak Now with third album |
eBay names head of marketing for North America
Actor Simon MacCorkindale dies at 58 |
IBM 3rd-quarter seen strong, helped by new mainframe
EU proposes nuclear talks with Iran Nov 15-18
France braces for fresh pension reform protest
Iraq PM to visit Iran as coalition talks hot up
Sudan rebukes U.N. over border buffer zone plan
Japan rallies against China over disputed islands |
Floods in Russia kill 11 |
England coach Capello to retire after Euro 2012
France, Germany to welcome Russia to seaside summit
Typhoon Megi gains strength as it nears Philippines |
Man With Cerebral Palsy Too Disabled to Fly
Kosovo party quits government coalition |
French workers pour onto the streets
France replies to EU on Roma's free movement: EU
Berlusconi laughs off tax fraud inquiry
Chavez clinches energy, nuclear deals on Russia visit
Acquit Dutch anti-Islam lawmaker: prosecutors
U.S. soldier to face court-martial in Afghan slayings
Prosecutors launch tax inquiry against Berlusconi
Fox-Cablevision dispute threatens MLB broadcasts
Medvedev nominates top Putin aide as Moscow mayor
Clinton: US working to ending Mexico drug violence
World's longest tunnel breaks down Swiss Alpine barrier
Witnesses say Fort Hood gunman kept firing outside
Apple's earnings to showcase one-two punch |
Court ruling or no, gay troops know not to tell
Feds oppose Calif. Prop 19 to legalize marijuana
Minimum and maximum temperatures in Celsius
China mine accident leaves 20 dead, 17 missing
Chinese bosses shoot protesting Zambian miners: police
China 'concerned' over Japan island row protest
Thousands of Chinese join anti-Japan protests
G20 accord on currency elusive, S.Korean bank says
Dolce and Gabbana accused of tax evasion: report
Shanghai Expo breaks visitor record
Japan upgrades Haneda airport
Typhoon Megi gains strength as it nears Philippines
Finally, US Army makes progress for women in uniform
Pakistan defends military policy in northwest
Turkmens open Russia-bound gas route
Alisa Apps insists Lady Gaga challenge not a stunt
India 'orders probe' into Delhi Games corruption
October Annually Most Dangerous Month for Teen Drivers
Flash floods kill four in Cambodia
Nepalese Man Is World’s Shortest
New York's Lincoln Center Has Bedbugs In Dressing Rooms Of Koch Theater
Philippines on alert for late-season typhoon
Billionaire Holds Out On $1 Million Presidential Streaking Dare
Suspicious Packages Found At Arizona Nuclear Plant
Suspects In Arizona Beheading Hunted
First Hitler Exhibit In Germany Breaks Taboo
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01