- Investors have understandably forsaken Big Blue, but it may be time to start paying attention to it again, Savitz writes in this week's edition of Barron's.
- International Business Machines Corp IBM is repairing its reputation with a new CEO, Arvind Krishna, who is making profound and lasting changes to its structure and ambitions.
- For investors who missed Microsoft Corp MSFT turnaround, IBM could offer a second chance.
- IBM reported third-quarter FY21 revenue of $17.6 billion, flat year-on-year, missing the consensus of $17.8 billion. EPS of $2.52 beat the consensus of $2.50.
- Price Action: IBM shares traded higher by 2.02% at $118.15 in the premarket session on the last check Monday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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