Monday, October 29, 2018

Sources: IBM is close to a deal to acquire open-source software maker Red Hat (Bloomberg)

Bloomberg:
Sources: IBM is close to a deal to acquire open-source software maker Red Hat  —  By By Ed Hammond , By Kiel Porter , and By Alex Barinka  — Red Hat has a market capitalization of $20.5 billion  — An agreement could be announced as early as Sunday



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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...