Jamie Dimon, CEO of JPMorgan Chase & Co. Giulia Marchi | Bloomberg | Getty Images The CEOs of banks, tech companies and consulting firms form a group to encourage hiring from underrepresented groups in New York. Leaders of 27 companies representing much of New York’s dominant industry have teamed up …
Read More »SAP says its Qualtrics unit will go public
SAP said Sunday it would sell some shares of its survey software unit Qualtrics in a US public market. The announcement comes less than two years after SAP announced a plan to buy Qualtrics for $ 8 billion, days before Qualtrics went public as an independent company. The move represents …
Read More »Analyst says IBM stock earnings after earnings exceed, but “really important things” could be better
Shares of International Business Machines Corp. rose on Tuesday after the company beat expectations for the June quarter, but analysts did not give the company too much credit for clearing a low level. Mused Moffett, Nathanson analyst, Lisa Ellis: “We are still working to achieve the correct semantics: when companies …
Read More »IBM, Coca-Cola, Wells Fargo, Devon Energy and more
A bottle of Coca-Cola Light is removed for a quality control test at a Coco-Cola bottling plant in Salt Lake City, Utah. George Frey | fake pictures Take a look at the companies that make headlines in the midday trade. Coca-Cola – Coca-Cola gained 2.5% after the beverage giant gave …
Read More »IBM shares rise as earnings exceed expectations, but sales decline once again
Shares of International Business Machines Corp. gained Monday night, after the tech giant reported another decline in revenue, but produced more profits and sales than Wall Street expected amid the COVID pandemic- 19. IBM IBM, + 1.00% reported second-quarter net income of $ 1.36 billion, or $ 1.52 per share, …
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