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Business news

IBM denies report of planned mass layoffsSAN FRANCISCO - IBM on Monday dismissed a report that said the technology giant...people.The company "flatly denies" the Forbes report, IBM spokesman Ian Colley said. IBM previously has announced...

http://chronicle.augusta.com/news/business/2015-01-26/business-news
Apple sold 74.5 million iPhones in holiday quarter, revenue and profit soar

...sales were "a bit better than we were expecting" and added that new apps for business users, produced in partnership with IBM, should help iPad sales in the future.Apple shares closed Tuesday at $109.14, down 3.5 percent, but rose over 5 percent...

http://chronicle.augusta.com/news/business/2015-01-27/apple-sold-745-million-iph
Tech industry pushes for cybersecurity, tax breaks

...legislator since nearby Fort Gordon will be the home of the U.S. military's cyber command. Georgia is also the home of IBM Security Systems, started by a former Georgia Tech student."We've already identified that Georgia leads in cybersecurity...

http://chronicle.augusta.com/news/government/2015-01-21/tech-industry-pushes-cyb
IBM to pay $1.5B to shed its costly chip division

NEW YORK - IBM will pay $1.5 billion to Globalfoundries in order to shed its costly chip division.IBM Director of Research John E. Kelly III said...operations will allow it to grow faster, while IBM continues to invest in and expand its chip...

http://chronicle.augusta.com/news/business/2014-10-20/ibm-pay-15b-shed-its-costl
When it comes to competing for contracts, being gay is a growing asset for business owners

...chamber has worked with corporations to recruit those companies as potential suppliers.A growing number of companies - including IBM, PepsiCo, ConAgra Foods, Marriott International and American Airlines - have recently started tracking how much they spend...

http://chronicle.augusta.com/news/business/2015-01-02/when-it-comes-competing-co
IBM pulls stock market out of morning slump

NEW YORK - News that IBM will buy back more stock and raise its dividend...indexes out of a morning slump Tuesday.IBM and other technology stocks led the Standard...lowest level of the year, 1.65 percent.IBM said it will increase its quarterly dividend...

http://chronicle.augusta.com/news/business/2013-04-30/ibm-pulls-stock-market-out
IBM is worst performing stock

IBM is the worst performing stock in the Dow Jones...the 30 stocks in the Dow are in the red, and IBM's 9 percent drop is more than three times...reports has helped fuel a selloff. Even though IBM said Wednesday that its third-quarter profit...

http://chronicle.augusta.com/news/business/2013-10-18/ibm-worst-performing-stock
At IBM, Palmisano era already in full swing

...NEW YORK -- Lou Gerstner's revival of IBM Corp. from its near-death experience...low-cost competition and commoditization, IBM can create and win high-margin opportunities...affable but intense Palmisano, a career IBM employee, is expecting every part of the...

http://chronicle.augusta.com/stories/2004/08/30/bus_426883.shtml
Business
IBM continues 2nd day of claims against Microsoft

...of testimony damaging to Microsoft, an IBM Corp. manager accused the software giant...dangling valuable discounts for Windows if IBM agreed not to distribute rival software...so-called Market Development Agreements if IBM promised not to include Internet software...

http://chronicle.augusta.com/stories/1999/06/09/tec_263313.shtml
XXX Technology
IBM matches Wall Street quarterly forecasts

...First-quarter profits rose 16 percent at IBM Corp. and matched Wall Street estimates...technology bellwether exceed revenue forecasts. IBM earned $1.6 billion, or 93 cents per...year. In the comparable period last year, IBM made $1.38 billion, or 79 cents a share...

http://chronicle.augusta.com/stories/2004/04/16/fin_412339.shtml
Finance