Dow Jones News: 2 Downgrades for Disney; IBM Reports Earnings Today [The Motley Fool]
International Business Machines Corporation (IBM)
Last international business machines corporation earnings: 4/20 04:08 pm
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Source: The Motley Fool
TheDow Jones Industrial Average(DJINDICES:^DJIWhile talk of reopening the U.S. economy helped boost the stock market last week, the coronavirus is far from contained. There are now over 760,000 cases in the U.S., according to Johns Hopkins University, and more than 0,000 Americans have died from COVID-9. Daily new cases appear to be leveling off, but the U.S. is still adding around 0,000 cases each day.The pandemic is hitting some businesses harder than others.DisneyNYSE:DISInternational Business MachinesNYSE:IBMtech giantImage source: Getty Images.Disney downgraded twiceWith much of Disney's business hurt by the pandemic, it isn't surprising to see analysts taking a less bullish stance on the stock. On Monday, analysts at Credit Suisse and UBS reduced their ratings to neutral to reflect the challenges facing the company.Credit Suisse sees Disney stock potentially hitting $60 within the next few years, given that the company's parks and movie operations are expected to eventually reco
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IBM
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- 10/22/25 - Beat
IBM
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- 11/14/25 - Form 4
- 11/7/25 - Form 4
- 11/7/25 - Form 25-NSE
- IBM's page on the SEC website