I.B.M. Says It Will Beat Analystsâ Estimates
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Investors responded by bidding I.B.M. shares above $106 in after-hours trading.
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IBM  on Thursday forecast  2008 earnings well ahead of Wall Street expectations after  results showing a strong international performance, and its  shares rose 5 percent.
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The companyâs strong quarterly results and optimistic outlook suggests that a weakening economy will not slow it down.
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US stock-index futures rose before an Institute for Supply Management report that may show growth in the services industry accelerated last month.
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The Dow Jones industrial average rose on Thursday after economic bellwether Honeywell International raised its profit forecast, offsetting doubts about whether a global plan to thaw credit markets could work.
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The upscale retailer widely beats estimates and raises the bar for its future.
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PeopleSoft's partnership with I.B.M. is an attempt to show that it is moving forward aggressively despite the turmoil created by Oracle's hostile takeover bid.
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Goldman Sachs Group Inc. , the largest investment bank by market value, said on Tuesday its quarterly earnings rose to a record, trouncing expectations despite recent fears that mortgage market woes and flagging stocks would hurt results.
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Earnings meet analyst expectations, and company continues to gain momentum through wireless and fiber-to-the-home business.
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BlackBerry maker Research In Motion   Ltd. RIMM.O RIM.TO breezed past investor and analyst   expectations in delivering its second-quarter results on   Thursday and forecast strong growth in subscribers for the   future, sending its shares soaring in after-hours trade.
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The retailer reports strong earnings and lifts its outlook.
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Second-quarter earnings at International Business Machines Corp. rose 12 percent and beat Wall Street forecasts Wednesday, largely on the strength of IBM's software division and improvement in its services unit.
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IBM reported strong fourth-quarter earnings on Monday, beating analysts' expectations. It plans to provide its full earnings report later this week.
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Analysts expect continued growth despite a tough environment.
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The company raises earnings guidance, boosting the stock.
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The outlook for India&#39;s economy was upgraded Monday by international credit rating agency Standard &amp; Poor&#39;s, despite rising inflation and insufficient monsoon rains that could slow growth.
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Management's predictions turn out to be right on target.