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Showing 121 - 126 of 126 results for "IBM"

Morning market wrap: US stocks regain lost ground

... disappointing payrolls report, with markets buoyed overnight by a series of positive recommendations from US brokerage houses. IBM and drugmaker Merck & Co. were among stocks to earn upgraded recommendations from stockbroking analysts, while Nortel Networks ...

Midday market wrap: Australian shares weaker

... overnight in US technology stocks. The Nasdaq composite index ended the US session down nearly 3%, as earnings from Nokia and IBM failed to excite investors. Local losses were broad-based, with News Corporation trading 7c lower at $11.66 and the big ...

Morning market wrap: Tech sector drags US stocks lower

... Thursday, as the market overlooked favourable economic data and focused on disappointing earnings news from tech bellwethers IBM and Nokia. The Nasdaq composite index suffered its biggest percentage fall in two months, losing 50.0 points (2.9%) to close ...

Afternoon market wrap: Australian shares struggle towards the black

... 3,064.9. The declines followed losses overnight in US and European markets, following disappointing earnings news from Nokia and IBM. Hardest hit were the major banks, with the ANZ shedding almost one per cent in value. Resource stocks closed a little ...

Morning Market Wrap: US Stocks End Up On Signs of Improving Sentiment

... Nasdaq Composite Index rose 18.4 points to 997.48. It was the Nasdaq's highest closing level since June 2002. Major Dow stock IBM rose by nearly 3% after Merrill Lynch added the computer manufacturer to its focus list. In its latest anecdotal survey ...

Morning market wrap: Accounting ghosts come back to haunt Nasdaq

News that the US Securities and Exchange Commission was investigating the accounting practices of IBM, the world's largest computer company, brought the recent run-up on the tech-heavy Nasdaq to a shuddering halt. With the Enron and Worldcom accounting ...