Tag: technology
-
Talk of Amazon (AMZN) mobile service scares wireless telecom investors
Amazon.com may be planning to offer mobile phone service to its Prime subscribers. The Wall Street Journal reported Amazon has been in talks with wireless carriers about providing low-cost or free mobile service as a perk for its loyal customers. This news sent shockwaves through the telecom industry. Shares of AT&T (T), Verizon (VZ) and…
-
IBM increases dividend 0.6%, its 28th consecutive annual increase
The IBM (IBM) (NYSE: IBM) board of directors today declared an increase in the regular quarterly cash dividend to $1.66 per common share, payable June 10, 2023 to stockholders of record as of May 10, 2023. This is the 28th year in a row that IBM has increased its quarterly cash dividend. IBM has paid consecutive…
-
Microsoft laying off 10,000
Microsoft Corp. (MSFT) said it was laying off 10,000 employees, becoming the latest tech titan to announce an additional round of cuts amid concerns about the health of the global economy. Microsoft Lays off 10,000 as Slowdown Hits Software Business – WSJ
-
April 25, 2022
IBM revenue jumps and plenty of Dividend Events.
-
IBM revenue jumps 8% on hybrid cloud
Revenue rose to $14.2 billion, from $13.19 billion a year earlier, beating analysts’ expected $13.78 billion, according to FactSet. The results were boosted by a 14% revenue increase from the hybrid cloud, which straddles public clouds, private clouds and as-a-service properties. The company now expects revenue growth this year at the high end of its…
-
1st Quarter in the Can
3M remediation in Belgium, AT&T two-way trading, Kinder Morgan backed company files for bankruptcy and much much more!