UPDATE 1-IBM to win unconditional EU okay for $34 bln Red Hat deal - sources [Reuters]
International Business Machines Corporation (IBM)
Last international business machines corporation earnings: 4/20 04:08 pm
Check Earnings Report
US:NYSE Investor Relations:
ibm.com/investor
Company Research
Source: Reuters
IBM to win unconditional EU okay for $34 billion Red Hat deal: sources - Reuters 1 Min Read BRUSSELS (Reuters) - U.S. tech giant International Business Machines Corp is set to secure unconditional EU approval for its $34 billion bid for software company Red Hat, people familiar with the matter said on Wednesday. IBM is seeking to expand its subscription-based software offerings via the deal, its biggest to date, to counter slowing software sales and waning demand for mainframe servers. It would also help it catch up with Amazon, Alphabet Inc and Microsoft in the fast growing cloud computing business. The European Commission, which is scheduled to decide on the deal by June 27, and IBM declined to comment. Founded in 1993, Red Hat specializes in Linux operating systems, the most popular type of open-source software and an alternative to proprietary software made by Microsoft. U.S. regulatory authorities gave the green light to the deal last month without demanding concessions. Reportin
Show less
Read more
Impact Snapshot
Event Time:
IBM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
IBM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
IBM alerts
High impacting International Business Machines Corporation news events
Weekly update
A roundup of the hottest topics
IBM
News
- IBM Is in Advanced Talks to Acquire Software Provider HashiCorp [BNN Bloomberg (Canada)]BNN Bloomberg
- First-Ever T.I.R.E. Summit to Convene Technology Leaders for Enhanced Tire Safety and EfficiencyPR Web
- Introducing XedoAI: Revolutionizing Market Analysis with AI-Powered Insights [Yahoo! Finance]Yahoo! Finance
- Data Resiliency: Safeguarding business through cyberattacks [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- HashiCorp spikes on report IBM nearing deal [Seeking Alpha]Seeking Alpha
IBM
Earnings
- 1/24/24 - Beat
IBM
Sec Filings
- 4/5/24 - Form DEFA14A
- 4/4/24 - Form 4
- 4/4/24 - Form 4
- IBM's page on the SEC website