Weekly News Roundup: IBM (NYSE:IBM)

Categories: News, Roundups, Stocks





Here’s this week’s round-up of IBM (NYSE:IBM) stock briefings. IBM (NYSE:IBM) company shares ended the week at 127.58 (as of 9/3/2010).

Weekly News Roundup: IBM (NYSE:IBM)

Monday 30 August

As per the deal announced both by IBM (NYSE:IBM) and KiwiRail, new software and services shall be given by IBM (NYSE:IBM) that will help KiwiRail in having a better management of tracks, bridges and the whole network.

Maximo, the enterprise management product of IBM (NYSE:IBM) shall be used to improve the functioning of KiwiRail, and the maintenance crews will now have more up-to-date info on all the areas of work.

Thursday 2 September

International Business Machines Corp. (IBM) has released details of its new cutting-edge mainframe chips that can process information at record-breaking speeds, according to the company, which said it spent more than $1.5 billion on research and development for the new technology.

The chip will go into business applications which need to manage large amounts of data and transactions.

We will be monitoring the IBM (NYSE:IBM) stock level for developments over the next couple of weeks.


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