IBM Board OKs $4 Billion Buyback
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International Business Machines Corp., the world&#39;s largest provider of computer hardware, said Tuesday that its board authorized up to $4 billion in additional funds for use in the company&#39;s stock repurchase program.
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Big Blue settles part of pension transfer, age discrimination suit; estimates for claims neared $6B. NEW YORK  - International Business Machines Corp.
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Bank of America Corp said on Friday it agreed to acquire battered mortgage lender Countrywide Financial Corp in a $4 billion transaction that could help avert one of the biggest collapses from the U.S. housing crisis.
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Bank of America Corp  said on  Friday it would buy battered mortgage lender Countrywide  Financial Corp  for $4 billion, a move that could avert  one of the biggest collapses in the U.S. housing crisis.
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The board of India's biggest private enterprise, Reliance Industries, approved a share buyback, ignoring objections from the vice-chairman who is battling with his brother for control over the firm.
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By Li Weitao  A private equity fund formed by Lehman Brothers and IBM has agreed to buy a stake in a Chinese software company for HK$132 million, a move that could boost the fledgling local software industry.
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IBM (NYSE: IBM) today announced it has completed its acquisition of Vallent Corporation, a privately held software company based in Bellevue, Washington with more than 400 employees.  IBM announced a definitive agreement to acquire Vallent on November 28, 2006.
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The deal makes the Chinese company the world&#39;s third biggest PC maker and pushes IBM to the sidelines of a field it once ruled.
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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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WASHINGTON  - J.P. Morgan Chase & Co.  said on Wednesday it was canceling a $5 billion outsourcing deal with IBM Corp.,  and planned to rehire about 4,000 workers who had been transferred to IBM under the pact.
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Business software maker completes fourth round of funding.
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JPMorgan Chase &amp; Co. plans to undo a technology outsourcing deal with International Business Machines Corp., taking back about 4,000 employees and contractors from the computer giant.
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International Business Machines Corp. is selling a majority stake in its pioneering personal computer business to China's biggest computer maker, Lenovo Group Ltd., for &#36;1.75 billion in cash and stock.
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IBM Corp. said Monday it has won a $1.4 billion outsourcing contract from AstraZeneca PLC, a seven-year deal aimed at helping the British pharmaceutical company manage its internal technology operations.
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IBM , the world&#39;s largest  technology services company, said on Wednesday it will buy  privately held security and compliance testing software company  Watchfire Corp. for an undisclosed amount.
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, 12/8/2004. IBM&#39;s awaited personal computing division sale to Lenovo Group Ltd. became official this morning with an announcement that Big Blue will pass the unit to China&#39;s number one PC maker for $1.75 billion.
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Bank of America Corp said on Friday that it would buy battered mortgage lender Countrywide Financial Corp for $4 billion, a move that could avert one of the biggest collapses from the U.S. housing crisis.