Monday, October 17, 2005

IBM

International Business Machines Corp. released earnings today after the bell. Third Qtr. net income dropped to $1.52 billion or 94 cents a share vs. $1.55 billion or 92 cents a share for the same time period 1 year ago. The company reported a profit of $1.26 per share analysts called for $1.13 per share. The stock is trading up in after hours trading.

Budd Foxx

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