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Industry | 2013.07.18

IBM's 2Q Net Sinks 17% as Global Growth Slows; FY Outlook Raised - Fox Business


IBM's 2Q Net Sinks 17% as Global Growth Slows; FY Outlook Raised
Fox Business
IBM (IBM) disclosed a 17% drop in second-quarter profits on Wednesday amid slowing global growth, but the blue-chip company's adjusted earnings topped views and management raised its full-year outlook. Previously-slumping shares of Big Blue rallied in  ...

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