IBM Stock Is Rising in Pre-Market Trading
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International Business Machines Corp. stock rose in pre-market trading Tuesday, a day after the the company reported better than expected earnings for the third quarter.
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Spotting the clues to buy before stocks rise.
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International Business Machines Corp. told Wall Street to raise its 2008 estimates Thursday, further boosting a stock that was already buoyed by strong fourth-quarter earnings.
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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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Wall Street stocks were firmer at mid-morning on Thursday, boosted by solid earnings from a number of bluechips, led by IBM.
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U.S. stocks rose in light trading before a holiday on Friday as takeover news, including Nasdaq Stock Market Inc.'s  plan to buy a Nordic exchanges company, revived appetite for equities.
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IBM  reported a better-than-expected 24 percent rise in preliminary quarterly earnings on Monday on strong sales in Asia, Europe and emerging markets, driving its shares up as much as 10 percent and spurring a broader tech rally.
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IBM  reported  better-than-expected preliminary quarterly results on Monday on  strong performances in Asia, Europe and emerging markets,  driving its shares up 10 percent and spurring a broader tech  rally.
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Wall Street rose sharply in early trading, with solid preliminary results from IBM encouraging investors to buy back into the stock market after last weekâs rout.
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Stocks rebounded on Monday after IBM  reported higher-than-expected preliminary financial results, lifting the technology sector.
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Stock index futures edged up before the start of Wall Street trading on Thursday with the focus on quarterly results from investment bank Bear Stearns  and a raft of economic indicators.
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U.S. computer firm IBM  raised US$123 million by selling about 3.5 percent of number three global PC maker Lenovo Group Ltd. , a term sheet showed, triggering a 7 percent share slide before a suspension kicked in.
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US stocks rebounded on Monday after IBM surprised traders with some better-than-expected results, boosting confidence at the start of an important week for corporate earnings.
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Shares of IBM  gained 4 percent on Tuesday after the world's largest computer company posted third-quarter results that marked a recovery from a weak second-quarter performance, Wall Street commentators said.
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Stocks rose on Friday, with the Dow industrials advancing 1 percent, helped by a higher-than-expected profit forecast from IBM  and earnings from General Electric Co  that met Wall Street expectations.
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Stock index futures rose on Monday, suggesting the market will rebound from last week's losses, after financial results from IBM  lifted the technology sector.
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IBM  on Thursday forecast  2008 earnings well ahead of Wall Street expectations as strong  growth abroad made up for weaker results in the United States,  sending its shares up 5 percent.