Saturday, October 8, 2011

IBM (NYSE:IBM) Signs Air Canada Deal

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tdp2664 E money daily IBM (NYSE:IBM) has provided human resource services to Air Canada. IBM (NYSE:IBM) Signs Air Canada Deal The company has officially announced an agreement to provide human resource business process services to Air Canada. The terms of the $76 million agreement require IBM to offer Air Canada employees HR services including employee data management, employee travel support, payroll, benefits administration, leave management and certain recruiting services. Mark Levy, general manager, Human Resources and Learning Solutions, IBM GPS, said that, "Air Canada is a leader in using technology to improve the customer experience whether for their passengers or their employees. Taking advantage of leading Internet technology, analytics and more efficient business processes can help them provide the best possible level of services and improve the overall employee experience." IBM (NYSE:IBM) shares were at 181.69 at the end of the last day’s trading. There’s been a 3.0% movement in the stock price over the past 3 months. IBM (NYSE:IBM) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.85 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.91 Zack’s Rank: 5 out of 18 in the industry



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