IBM in Discussions on Issues in Pension Suit
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IBM, in the latest turn in a pension plan case that could reverberate through the Fortune 500, said on Friday it is in talks to resolve some of the issues in a lawsuit that could cost Big Blue billions of dollars.
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International Business Machines Corp., the world&#39;s largest seller of computers and related services, said it agreed to settle part of a lawsuit that claimed the company&#39;s pension plan discriminated against older workers.
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The US accounting standard setting body on Wednesday will consider a new model for valuing employee stock options that could potentially resolve some concerns of companies opposed to compulsory options expensing.
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Suit also alleges that PSI, a maker of servers that run IBM's mainframe software, has broken a customer agreement.
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IBM on Wednesday said it will take a third-quarter charge of $320 million to settle all but two claims of an ongoing lawsuit claiming its pension plan discriminated
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International Business Machines  Corp. said on Friday that it notified a U.S. District Court  that it is in discussions to resolve some of the issues in a  potentially multibillion-dollar lawsuit over its pension plan.
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International Business Machines Corp. (IBM.N: Quote, Profile, Research) on Monday posted a flat quarterly net profit, weighed down by the partial settlement of an employee pension lawsuit
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Compuware is seeking reimbursement for its &quot;substantial&quot; efforts related to IBM&#39;s failure to produce the software code, which it wants excluded as evidence from the trial. For its part, IBM remains confident Compuware&#39;s latest motion will ...
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General Motors Corp. and Ford Motor Co. said Tuesday the Securities and Exchange Commission has asked them to provide information on their pension and retiree health care plans as part of an inquiry into how companies prepare estimates used to calculate pension costs.
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Chinese PC maker Lenovo Group says it is in the advanced stages of discussions to make a major tech deal--one that is widely believed to be with IBM.
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Justices are expected to hear arguments Tuesday in a case that could have broad implications for the tech industry.
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The federal Securities Exchange Commission has asked General Motors, Ford and Navistar Corp., a maker of trucks and engines, to provide financial information about their pension and post-retirement healthcare plans.
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Speculation surrounding the sale of part of the IT company IBM today intensified as the Lenovo Group, China&#39;s leading PC brand, said negotiations with another manufacturer were at an &quot;advanced stage&quot;.
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International Business Machines Corp. has settled portions of an ongoing lawsuit related to pensions, and will take a charge of $320 million in the current quarter, the technology company said on Wednesday.
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SAN FRANCISCO (CBS.MW) -- IBM Corp. said Wednesday it would take a $320 million charge toward its third-quarter earnings as part of an agreement to resolve certain claims in a lawsuit brought against its pension plan.
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Lodges filing with SEC The company at the centre of an intellectual property dispute with IBM that has lasted for years is facing the prospect of financial ruin. The SCO Group said it may be unable to continue operating as a company.â¦
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Ford Motor Co. and General Motors Corp. said Tuesday that the Securities and Exchange Commission has asked the companies for information on their pension fund accounting.