Previous close | 167.43 |
Open | 166.49 |
Bid | 165.06 x 800 |
Ask | 166.45 x 800 |
Day's range | 165.26 - 166.76 |
52-week range | 120.55 - 199.18 |
Volume | |
Avg. volume | 4,628,142 |
Market cap | 152.672B |
Beta (5Y monthly) | 0.71 |
PE ratio (TTM) | 18.82 |
EPS (TTM) | 8.83 |
Earnings date | 24 Jul 2024 - 25 Jul 2024 |
Forward dividend & yield | 6.64 (4.00%) |
Ex-dividend date | 08 Feb 2024 |
1y target est | 184.84 |
A federal appeals court on Tuesday overturned a judgment requiring IBM to pay rival BMC Software $1.6 billion, after a judge found IBM improperly replaced BMC's mainframe software at AT&T with its own. The 5th U.S. Circuit Court of Appeals in New Orleans said a lower court judge's determination concerning liability was in error. Writing for a three-judge panel, U.S. Circuit Judge Edith Jones said AT&T, one of BMC's biggest clients, had switched to IBM software "independently" and that BMC had "lost out to IBM fair and square."
(Reuters) -A federal appeals court on Tuesday overturned a judgment requiring IBM to pay rival BMC Software $1.6 billion, after a judge found IBM improperly replaced BMC's mainframe software at AT&T with its own. The 5th U.S. Circuit Court of Appeals in New Orleans said a lower court judge's determination concerning liability was in error. Writing for a three-judge panel, U.S. Circuit Judge Edith Jones said AT&T, one of BMC's biggest clients, had switched to IBM software "independently" and that BMC had "lost out to IBM fair and square."
The IBM (NYSE: IBM) board of directors today declared an increase in the regular quarterly cash dividend to $1.67 per common share, payable June 10, 2024 to stockholders of record as of May 10, 2024.