As with any new technology, cloud computing has its doubters who wonder if it's just high-tech hype. Increasingly, it's becoming clear that the answer is no, and even old-school IBM has gotten the message as it buys top cloud firm Cast Iron.

Continue reading IBM Gets Its Head in the Cloud with Cast Iron Buy

IBM Gets Its Head in the Cloud with Cast Iron Buy originally appeared on DailyFinance on Tue, 04 May 2010 14:20:00.

Filed Under: Company News, Technology, IBM

Uh oh. The stock market's big swings last week pushed up the S&P VIX -- the "investor fear gauge" -- by 30%. In such times, stocks with low beta (less volatile than the S&P 500 average), above-par performance and compelling valuations can be the ticket. Here are some to consider.

Continue reading Five Steady Stocks for a Newly Volatile Market

Five Steady Stocks for a Newly Volatile Market originally appeared on DailyFinance on Mon, 03 May 2010 06:30:00.

Filed Under: Investing, IBM, Exxon Mobil, Coca-Cola Company, McDonald's

The following is a round-up of news likely to affect stock prices today:

Goldman Sachs (GS) will continue to be in the spotlight as the U.K. Financial Services Authority launched a fresh probe into Goldman Sachs International, citing the Securities and Exchange Commission's fraud charge against the parent. Goldman also reported Tuesday its first-quarter net income just about doubled to $3.3...

Continue reading Stocks in the News: Goldman Sachs, UnitedHealth, IBM

Stocks in the News: Goldman Sachs, UnitedHealth, IBM originally appeared on DailyFinance on Tue, 20 Apr 2010 07:45:00.

Filed Under: Company News, Investing, IBM, Goldman Sachs , Google , Johnson & Johnson, Coca-Cola Company, United Health, Procter & Gamble, Novartis

Despite concerns about the fallout of the financial crisis, stocks recovered from early losses to close higher Monday. The market got a noticeable lift from a report indicating that the SEC was not unanimous in its decision to charge Goldman Sachs with fraud.

Continue reading Stocks Rise Despite Goldman Worries

Stocks Rise Despite Goldman Worries originally appeared on DailyFinance on Mon, 19 Apr 2010 16:20:00.

Filed Under: Investing, Goldman Sachs

A small boost in corporate info-tech spending helped lift IBM's first-quarter earnings a bit over last year, beating forecasts. Big Blue reported $22.9 billion in revenues and profits of $2.6 billion, or $1.97 a share. But investors were looking for more, and the stock is losing some steam in after-hours trading.

Continue reading IBM Earnings: Return of IT Spending Helps Profits Top Estimates

IBM Earnings: Return of IT Spending Helps Profits Top Estimates originally appeared on DailyFinance on Mon, 19 Apr 2010 16:12:00.

Filed Under: Company News, Technology, Investing, Earnings, IBM

The following is a round-up of news likely to affect stock prices today:

Goldman Sachs Group Inc. (GS) sank nearly 13% on Friday after the Securities and Exchange Commission charged the firm with fraud on subprime mortgages. The SEC said Goldman defrauded investors by failing to disclose conflicts in a 2007 sale of collateralized debt obligation. Investors in the CDO ultimately lost $1 billion, the...

Continue reading Stocks in the News: Goldman Sachs, Hasbro, Eli Lilly

Stocks in the News: Goldman Sachs, Hasbro, Eli Lilly originally appeared on DailyFinance on Mon, 19 Apr 2010 07:55:00.

Filed Under: Company News, Investing, Delta Air Lines, IBM, Goldman Sachs , Citigroup, Toyota, Eli Lilly

After Intel's earnings blew past Wall Street's expectations Tuesday, investors are looking for great things from IBM, which is scheduled to report its earnings Monday. After beating expectations for the last nine quarters in a row, can IBM offer a repeat performance?

Continue reading Is Tech Spending Back? Investors Expect Big Earnings from Big Blue

Is Tech Spending Back? Investors Expect Big Earnings from Big Blue originally appeared on DailyFinance on Fri, 16 Apr 2010 19:00:00.

Filed Under: Investing, Earnings, IBM

The Justice Dept. is reportedly stepping up its investigation into whether companies like Google, Apple, and Intel have no-poaching deals. Such agreements could cost workers, especially computer engineers, better pay and benefits.

Continue reading Antitrust Probe of Tech Giants' Hiring Practices Intensifies

Antitrust Probe of Tech Giants' Hiring Practices Intensifies originally appeared on DailyFinance on Sat, 10 Apr 2010 09:50:00.

Filed Under: Technology, People, IBM, Google , Intel, Apple, Careers

Jerome "Jerry" York, a veteran executive whose career spanned the rising and falling fortunes of the U.S. auto and technology industries, died Thursday in Pontiac, Michigan. He was 71 years old.

Continue reading Apple Board Member, Former Auto Exec and Ex-IBM CFO Jerry York Dies at 71

Apple Board Member, Former Auto Exec and Ex-IBM CFO Jerry York Dies at 71 originally appeared on DailyFinance on Thu, 18 Mar 2010 15:30:00.

Filed Under: Technology, People, IBM, Ford Motor Co., Apple, General Motors, Autos

A $2 billion buyout offer from hedge fund operator Elliott Associates has boosted networking pioneer Novell's stock price. But don't expect the first bid to be the last: Novell is likely to reject it, and better offers from tech heavyweights could be forthcoming.

Continue reading Novell Has a Suitor -- and a Serious Stock Bounce

Novell Has a Suitor -- and a Serious Stock Bounce originally appeared on DailyFinance on Wed, 03 Mar 2010 09:17:00.

Filed Under: Technology, Investing