International Business Machines Corp.

Computer industry

Mississippi Baptist Health Systems Achieves Significant Cost Savings with Symantec Disaster Recovery and Records Management Solutions

Mississippi Baptist Health Systems, one of the state's largest private general hospitals, has successfully implemented Symantec disaster recovery and records management solutions to ensure the security and accessibility of patient records. The implementation has resulted in more than $4 million in savings for the healthcare organization. The project

Computer industry

IBM Acquires Cast Iron Systems to Expand Software and Services Division

IBM has bolstered its expansion efforts in the software and services segment with the acquisition of Cast Iron Systems, a privately held software company based in Mountain View, California. The deal, announced on Monday, is expected to help Cast Iron's clients integrate various cloud applications from providers such

Computer industry

U.S. Stocks Rise for Second Day on Better-Than-Estimated Earnings

Stocks from Harley-Davidson Inc. to Exxon Mobil Corp. posted positive results, with Harley-Davidson and Marshall & Ilsley Corp. climbing at least 7.3 percent. Crude oil rebounded from a three-week low, leading energy companies to gain significantly. However, Goldman Sachs Group Inc. fell 2.1 percent due to concerns over

Computer industry

U.S. Stock-Index Futures Fluctuate Ahead of Earnings Reports

U.S. stock-index futures swayed between gains and losses before earnings reports from major companies, including Goldman Sachs, Coca-Cola, and Johnson & Johnson. The market's volatility was partly driven by International Business Machines' announcement that first-quarter service contracts signings fell, indicating a possible slowdown in technology spending.

Computer industry

Intel Unveils Xeon Processor 5600 Series, Delivering Unprecedented Security, Performance, and Energy Efficiency

The Intel Xeon Processor 5600 series was launched, offering two new security features: Intel[R] Advanced Encryption Standard New Instructions (Intel[R] AES-NI), and Intel[R] Trusted Execution Technology (Intel[R] TXT). These features enable faster encryption and decryption performance for secure transactions and virtualized environments. The new processors are

Computer industry

Technology Shares Rise on Deal News and Optimistic Trends

As the broader market moved up, technology shares largely increased Monday on a series of deal news and optimistic trends. Notable announcements included Verizon Communications' informal talks with Vodafone Group to optimize returns from their U.S. mobile-phone partnership. The Justice Department also decided not to challenge Cisco Systems&

Computer industry

Free Financial Portal Offers In-Depth Analysis and Research for Investors

BedfordReport.com, a free financial portal, aims to provide investors with superior content and research through a user-friendly web platform. The portal has begun tracking and analyzing market movers, including International Business Machines Corp (NYSE: IBM), Wonder Auto Technology, Inc. (NASDAQ: WATG), Kinder Morgan Energy Partners LP (NYSE: KMP), Bank

Computer industry

Zacks Equity Research Highlights Key Takeaways from International Business Machines Corp. and Scientific Games Corporation

International Business Machines Corp. (IBM), a global technology and consulting company, is set to release its fourth-quarter 2009 earnings on January 19. Analysts expect IBM's earnings to continue its historical trend of surpassing the Zacks Consensus Estimate, with the company raising its guidance for fiscal 2010. However, the

Computer industry

Cavium Networks Acquires MontaVista Software for $50 Million

Cavium Networks, Inc., a leading provider of integrated semiconductor products, has acquired MontaVista Software, Inc., a company specializing in embedded Linux commercialization, for $50 million. The acquisition was sealed on November 10, 2009, and is expected to close in December 2009. The consortium of investors selling MontaVista Software includes prominent

Computer industry

CA Joins TM Forum's Cloud Initiative with Key Industry Players

CA, Inc., a leading IT management software company, has announced its participation as a founding member of the TM Forum's cloud initiative. This collaborative effort aims to accelerate cloud services adoption by bringing together major industry players, technology suppliers, and enterprise users. CA will work alongside companies like

Computer industry

IDC Forecasts Major Tech Trends for 2010

The technology research firm IDC has released its annual Top 10 predictions for 2010, highlighting several major trends and acquisitions in the tech industry. According to IDC, International Business Machines Corp. will acquire Juniper Networks Inc., while Apple Inc. will release a highly competitive tablet computer that will shake up

Computer industry

MXsense Solutions Expands Email Archiving Platform to Linux and Unix Operating Systems

MXsense Solutions has unveiled a new version of its email archiving solution, now supporting Linux and Unix operating systems. This expansion enables organizations using Sendmail and compliant email servers on Linux, Unix, Sun Solaris, HP-UX, and IBM AIX to leverage MXsense's features. The company's cloud-based email