IBM prelims beat the Street
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Europe pushes strong fourth quarter IBM increased profits and turnover in the fourth quarter of 2007. Big Blue made revenues of $28.9bn in the three months ended 31 December 2007 - up ten per cent.â¦
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The Motley Fool - I've made no secret of my admiration for IBM (NYSE: IBM - News). Recently, I picked it as the best blue chip of 2007, and as I stated in that article, the company's strength begins with its impressive research and development program.
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Oracle (Nasdaq: ORCL), the world's second-largest software vendor, has beaten Wall Street analysts' expectations with its first-quarter results, due to strong sales of its  database software.
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With new rankings due soon, SGI, IBM and others are jostling for bragging rights. Also: A speedy Mac system gets speedier.
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The discount-broker bellwether beats the Street, despite a lull in trading activity.
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Oracle Corp., the world&#39;s second-largest software firm, beat the Street with its first-quarter results after Tuesday&#39;s market close thanks to stronger sales of its database software.
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IBM used its Blue Gene supercomputer to model an improved transistor in its race with Intel to build faster chips.
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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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As expected, IBM took over the top slot on the Top500 supercomputing list with a BlueGene/L system that shatters previous Linpack benchmarks at 70.
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If the competition between IBM Corp. and Hewlett-Packard Co. in the computer storage business were a horse race, you&#39;d need a photo to determine how they finished the first quarter. But it would only be for the second place ribbon.
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BOSTON -- Because of a hiccup in its hardware unit, IBM Corp. stock took a hit even though the technology bellwether reported a 6 percent rise in earnings and exceeded Wall Street forecasts. Investors were also sorting out how much IBM is exposed to woes in the financial industry.
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IBM is moving aggressively into the software space.
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IBM provided more details of its robust fourth-quarter and 2007 financial performance on Thursday following an early preview of the figures on Monday.
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International Business Machines Corp. topped fourth-quarter expectations by a healthy margin, with strong overseas sales and a weak dollar helping to generate a profit of $3.04 billion.
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In September, IBM announced that the Blue Gene/L prototype had sustained speeds of 36 trillion calculations per second. Blue Gene/L recently achieved a sustained performance of 70.
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IBM , the world's biggest computer maker, has regained its position at the head of the Top 500 list of supercomputer installations, dislodging rival NEC Corp. (6701.T) of Japan, the company said on Monday.
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SAN FRANCISCO (CBS.MW) -- The latest results on the server market from research firm Gartner show IBM and Hewlett-Packard dueling for the top spots in terms of revenue and shipments.