Stock Exchange

Thursday, October 16, 2008

IBM confident on profit, looks to emerging markets - MSN MoneyCentral

IBM confident on profit, looks to emerging markets - MSN MoneyCentral
BOSTON (Reuters) - International Business Machines Corp , the biggest technology services company, said it expects to meet long-term profit forecasts despite economic turmoil, partly due to continued growth in emerging markets. The company also said

Up-and-down Dow cancels most of gains - Indianapolis Star
NEW YORK -- Investors agonizing over a faltering economy sent the stock market plunging again Wednesday after a stream of disheartening data convinced Wall Street a recession, if not already here, is inevitable. The market's despair propelled the Dow

Citi posts another loss, still wants to buy a bank - Boston Globe
NEW YORK (Reuters) - Housing and credit market turmoil drove Citigroup Inc to its fourth straight quarterly loss and $13 billion of write-downs and credit losses, but the giant U.S. bank still wants to acquire deposits after its bid to acquire much

IBM Hasn't Had Difficulty Accessing Commercial Paper (Update1) - Bloomberg
Oct. 16 (Bloomberg) -- International Business Machines Corp. , the world's biggest computer-services provider, hasn't had trouble accessing the commercial paper market even amid a global credit freeze, Chief Financial Officer Mark Loughridge said

Google Shoots Higher (Update) - Street.Com
SAN FRANCISCO -- Investors renewed their love affair with Google ( GOOG Quote - Cramer on GOOG - Stock Picks ) after it handily topped Wall Street estimates in the third quarter and undercut arguments that it would bow to economic pressure. The stock

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