Search results
Results from the WOW.Com Content Network
IBM's shares are up about 0.8% at $201.12 in a 52-week range of $181.85 to $215.90. Filed under: 24/7 Wall St. Wire, Business Services, Jobs, Services, Technology Companies Tagged: CDI, featured ...
April 2012 – IBM sells its Retail Store Solutions division (Point-of-Sales) to Toshiba TEC [223] January 2014 – IBM sells its IBM System x business to Lenovo for $2.3 billion. [224] October 2014 – IBM sells its Microelectronics (semiconductor) branch to GlobalFoundries. IBM will pay GlobalFoundries $1.5 billion over 3 years to take over ...
He himself took a base salary pay cut of 20%, although the compensation committee increased his bonus by the same amount. Hurd's emphasis on short-term results and financial management, particularly cutting costs, taking the lead in the PC business, plus acquisitions (EDS and 3Com), were successful in raising profits and shareholder return.
PayPal’s A.I. pitch hits at the core of the current moment in the tech industry, with layoffs mounting and one of the sector’s largest players, Meta Platforms, touting a "Year of Efficiency.”
In 2021, corporate CEOs earned an average of 399 times a typical worker's pay, according to the Economic Policy Institute. If you had your fingers crossed that they would make it to 400, prepare ...
AT&T Inc. (T) was removed due to its dividend cut [14] and People's United Financial, Inc. (PBCT) was removed when its merger with M&T Bank Corporation was finalized. [15] In 2021, there were three additions to the index: IBM (IBM), NextEra Energy (NEE) and West Pharmaceutical Services (WST).
Since the 1990s, CEO compensation in the U.S. has outpaced corporate profits, economic growth and the average compensation of all workers. Between 1980 and 2004, Mutual Fund founder John Bogle estimates total CEO compensation grew 8.5 per cent/year compared to corporate profit growth of 2.9 per cent/year and per capita income growth of 3.1 per cent.
When looking at IBM stock, the valuation metric that stands out to me is its price-to-free-cash-flow ratio of 18, which measures the company's $215.2 billion market capitalization against the $12. ...