Monday, May 2, 2011

IBM (NYSE:IBM) Celebrates Major Milestone

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IBM (NYSE:IBM) has celebrated its 100th anniversary. IBM (NYSE:IBM) Celebrates Major Milestone IBM (NYSE:IBM), the New York based multinational technology and consulting giant has celebrated its 100th anniversary. Hundreds of people gathered at IBM (NYSE:IBM)'s Rochester factory to become a part of this historical moment. IBM (NYSE:IBM) summarized its past developments and their future projects including a new super-computer that will be capable of running 10 quadrillion calculations per second. IBM (NYSE:IBM) Vice President Walt Ling greeted the gathereding and said, “You know some of the first products we worked on here and some of you probably remember. Card readers, card punches, card sorters. Those big honking things…” IBM (NYSE:IBM) shares were at 170.58 at the end of the last day’s trading. There’s been a 7.1% movement in the stock price over the past 3 months. IBM (NYSE:IBM) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.83 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.59 Zack’s Rank: 7 out of 20 in the industry



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