IBM Offers a Bright Note
Earnings for IBM in the fourth quarter were up $.20 more than anticipated, jumping 6.4% in morning trading. This helped to jumpstart the Dow Jones Industrial Average and the Nasdaq this morning after a plummet last Friday. The first eight trading days of the year have been the hardest start since 1991, losing 4.96% in that initial timeframe. IBM’s announcement has been a positive boost, and has postively affected other tech stocks as well such as Cisco, Apple, and HP.
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Categories: Finance
14Jan