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Price Action: IBM shares closed higher by 0.53% to $169.92 premarket at last check Tuesday. ... The Today Show. Why Kate and Oliver Hudson turned down Kurt Russell's adoption offer.
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Producer prices rose 0.4% in November, higher than consensus estimates of 0.2%. ... That number comes in above forecasts of 220,000 and marks the highest level since early October. ... The Today Show
By the end of 1994, IBM ceased new development of OS/2 software. IBM withdrew from the retail desktop PC market entirely, which had become unprofitable due to price pressures in the early 2000s. Three years after Gerstner's 2002 retirement, IBM sold the PC division to Lenovo. [23]
Shareholders received $18.50 a share, a 15% premium over the previous close of $15.70. Shareholders who had held on from the Informix era did not fare so well, after accounting for the reverse split the deal netted them only $4.62 a share, far less than the price before IBM's first acquisition, which had hovered a bit over $7.00 through March 2001.
The following is a chronological list of people who have served as chief executive officer of IBM, an American multinational technology and consulting corporation headquartered in Armonk, New York. Thomas J. Watson (1914–1956) [1] Thomas J. Watson, Jr. (1956–1971) [1] T. Vincent Learson (1971–1973) [1] Frank T. Cary (1973–1981) [1]
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The IBM Personal Computer, commonly known as the IBM PC, spanned multiple models in its first generation (including the PCjr, the Portable PC, the XT, the AT, the Convertible, and the /370 systems, among others), from 1981 to 1987. It eventually gave way to many splintering product lines after IBM introduced the Personal System/2 in April 1987.