Stock Market News for July 12, 2016
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 9:10AM CDT
Benchmarks started the week in positive territory following continuing positive impact of Friday’s encouraging job data on investor sentiment
MMM: 179.16 (+1.15), GS: 156.92 (+4.73), JPM: 63.20 (+0.93), IBM: 157.04 (+1.71), FB: 117.93 (+0.06), UTX: 104.50 (+0.54), C: 43.44 (+1.15), GOOGL: 732.51 (+5.31), WFC: 48.35 (+0.27), BAC: 13.54 (+0.33), AAPL: 97.42 (+0.44)
IBM Cloud Rated Second Big Global IaaS Provider by IDC
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 9:02AM CDT
As per IDC's worldwide semiannual public cloud services tracker, International Business Machines (IBM) is the second leading Information as a Service (IaaS) provider.
IMPR: 14.50 (+0.13), NTES: 197.33 (+0.71), ELLI: 95.98 (-1.65), IBM: 157.04 (+1.71)
IBM to Focus on 'Fintech' with Blockchain Center in Singapore
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 8:48AM CDT
International Business Machines Corporation (IBM) announced plans to set up its first IBM Blockchain Innovation Center in Singapore.
SHOP: 32.49 (+0.64), ELLI: 95.98 (-1.65), IBM: 157.04 (+1.71), MEET: 6.21 (-0.02)
Cisco Systems (CSCO) Hits a New 52-Week High of $29.70
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 8:16AM CDT
Shares of technology company Cisco Systems (CSCO) hit a new 52-week high of $29.70 on Jul 11, eventually closing at $29.43.
AMKR: 6.15 (+0.15), IBM: 157.04 (+1.71), SMI: 4.16 (+0.05), CSCO: 29.61 (+0.18)
Ignore The Bears – IBM Stock Will Charge Higher
Jack Foley - Amigobulls - Tue Jul 12, 4:17AM CDT
I expect many tech stocks to sell at a premium over the next 12 months, especially IBM as it is undervalued at present.
IBM: 157.04 (+1.71)
IBM Cloud Ranked Second in Worldwide Infrastructure as a Service (IaaS)
PR Newswire - Mon Jul 11, 12:36PM CDT
IBM (NYSE: IBM) announced today that International Data Corporation (IDC) has identified the IBM Cloud as the second leading global IaaS provider according to its Worldwide Semi-Annual Public Cloud Services Tracker, 2H 2015. The tracker looked at both individual cloud service providers and overall market revenue while assessing the complete gamut of Infrastructure as a Service capabilities including provisioning servers (virtual and bare metal), storage and networking options.
IBM: 157.04 (+1.71)
Global Cognitive Systems Market to Grow 55.57% by 2020 - Key Vendors are HP, IBM & Microsoft - Research and Markets
BusinessWire - Mon Jul 11, 9:29AM CDT
Research and Markets has announced the addition of the "Global Cognitive Systems Market 2016-2020" report to their offering.
IBM: 157.04 (+1.71)
Dow 30 Stock Roundup: Chevron, Exxon Mobil to Invest in Kazakh Oil Field, Disney to Buy Stake in MLB Advanced Media
Swarup Gupta - Zacks Investment Research - Fri Jul 08, 10:05AM CDT
The Dow inched marginally upward during a holiday shortened week.
MON: 102.33 (-0.25), JPM: 63.20 (+0.93), IBM: 157.04 (+1.71), MRK: 59.60 (+0.26), XOM: 94.95 (+1.06), DIS: 100.20 (+0.22), CVX: 106.78 (+1.39), MSFT: 53.21 (+0.62), CSCO: 29.61 (+0.18)
Alphabet Acquires Startup Video Streaming Company Anvato
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 9:01AM CDT
Alphabet Inc. (GOOGL) on Thursday announced that it has acquired Anvato, an eight year old video-processing company and supplier of over-the-top video.
AMZN: 748.21 (-5.57), IBM: 157.04 (+1.71), GOOGL: 732.51 (+5.31), MSFT: 53.21 (+0.62)
Global Network as a Service Market 2016-2020 - Shift From CAPEX to OPEX Model - Key Vendors are Cisco, IBM & VMware - Research and Markets
BusinessWire - Fri Jul 08, 5:27AM CDT
Research and Markets has announced the addition of the "Global Network as a Service Market 2016-2020" report to their offering.
IBM: 157.04 (+1.71)
UPMC and IBM to Apply Artificial Intelligence, Machine Learning to Transform Health Care Supply Chain
PRWeb - Thu Jul 07, 11:05PM CDT
In an effort to apply data-driven insights to one of the most fundamental aspects of running a health care system, UPMC announced today that it has formed Pensiamo, an independent company that aims to help hospitals improve supply chain performance through a comprehensive source-to-pay offering, including cognitive analytics with IBM Watson Health technologies. IBM (NYSE:IBM) is a minority owner of Pensiamo.
IBM: 157.04 (+1.71)
MURAL Raises $1.35M in Seed Funding, Lands Deal with IBM Upon Completion of IDEO Startup in Residence Program
PR Newswire - Thu Jul 07, 1:01PM CDT
Remote design and collaboration software MURAL today announced its raise of $1.35 million in seed funding from investors including Alta Ventures, NXTP Labs, Intel Capital and Collaborative Fund. MURAL also secured a relationship with IBM after completing global design firm IDEO's Startup in Residence program.
IBM: 157.04 (+1.71)
Technavio Announces Top Three Trends for the Global SaaS-based IT Security Market Through 2020
BusinessWire - Thu Jul 07, 12:20PM CDT
Technavio's latest global SaaS-based IT security market report highlights three key emerging trends predicted to impact market growth through 2020. Technavio defines an emerging trend as something that has potential for significant impact on the market and contributes to its growth or decline.
IBM: 157.04 (+1.71), SYMC: 21.02 (+0.22)
Dr. Jai Menon Joins Superconverged Pioneer Cloudistics as Chief Scientist
BusinessWire - Thu Jul 07, 9:00AM CDT
Cloudistics, a superconverged enterprise cloud platform company, announced the appointment of technology visionary Jai Menon as its Chief Scientist. Dr. Menon brings deep infrastructure experience to the Cloudistics product line, having served as CTO for multi-billion dollar Systems businesses at both IBM and Dell. He joined Dell in 2012 to develop their technical strategy, build alliances with industry partners and work with VCs and start-ups. He also guided Dell Research from its formation in 2013 to develop organic innovation, work on collaborative research with leading universities, and create a long-range technology outlook to help inform Dell and Dell Research strategy and projects.
IBM: 157.04 (+1.71)
Research and Markets - Global Mobile Analytics Market CAGR Growth of 21.33% by 2020 - Trends, Technologies & Opportunities Report 2016-2020 - Key Vendors: IBM, Adjust, Amplitude
PR Newswire Europe - Thu Jul 07, 7:10AM CDT
DUBLIN, July 7, 2016 /PRNewswire/ --
IBM: 157.04 (+1.71)
Engage3 Names Rob Culin Senior Vice President of Personalization to Improve Relevance and Profitability of Trade Promotions
PRWeb - Thu Jul 07, 3:31AM CDT
Engage3, a leading competitive intelligence and consumer engagement company, announced today that Rob Culin has joined the team as Senior Vice President of Personalization. Culin will be responsible for leading and implementing E3's Consumer Engagement and Personalization Platform as they launch with consumer media companies, retailer loyalty programs, and the connected home.
IBM: 157.04 (+1.71)
Accenture (ACN) Closes Acquisition of Majority Stake in IMJ
Zacks Equity Research - Zacks Investment Research - Wed Jul 06, 8:41AM CDT
Accenture Plc (ACN) has completed the acquisition of a majority stake in IMJ Corporation, a full-service digital agency, much ahead of the stipulated time period.
IBM: 157.04 (+1.71), DIOD: 18.76 (+0.46), ACN: 116.50 (+1.04), CTSH: 58.36 (-0.08)
ACI Worldwide Appoints Marco Bravo Vice President for Latin America
BusinessWire - Tue Jul 05, 7:00AM CDT
ACI Worldwide (NASDAQ:ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced the appointment of Marco Bravo as vice president for Latin America.
IBM: 157.04 (+1.71), ACIW: 19.85 (+0.30)
Global Critical Infrastructure Protection Market Growth of 13.44% CAGR by 2020 - Analysis, Technologies & Forecasts Report 2016-2020 - Key Vendors: IBM, McAfee, Assa Abloy - Research and Markets
BusinessWire - Mon Jul 04, 12:14PM CDT
Research and Markets has announced the addition of the "Global Critical Infrastructure Protection Market 2016-2020" report to their offering.
IBM: 157.04 (+1.71)