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UPDATE 3-IBM forecasts weak earnings for 2016; shares slide
2016-01-20 01:32:57| Electronics - Topix.net
Jan 19 International Business Machines Corp reported an 8.5 percent fall in quarterly revenue as a strong dollar and tepid IT spending weighed on the Big Blue's results. Armonk, New York-based IBM's revenue fell to $22.06 billion, above analysts' average estimate of $22.02 billion, according to Thomson Reuters I/B/E/S.
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Category:Electronics and Electrical
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