Mashreq, a leading financial institution in the MENA region, has announced an expansion of its collaboration with Oracle Financial Services to support its global growth. The bank will replace its core systems with Oracle solutions to modernize and optimize its operations in key international hubs such as Hong Kong, the United States, and the United … Read more
Northwest Investment Counselors LLC recently acquired a stake in International Business Machines Corp. The institutional investor purchased 712 shares of the technology company, valuing them at around $136,000. Other hedge funds have also been increasing their positions in IBM, with Naples Money Management LLC, Creekmur Asset Management LLC, and Ables Iannone Moore & Associates Inc. … Read more
Harbor Investment Advisory LLC increased its stake in International Business Machines Co., owning 6,206 shares valued at $1,185,000. Other hedge funds also made changes to their positions, with some acquiring new stakes or increasing their holdings in the company. Wall Street analysts gave mixed ratings to IBM stock, with price targets ranging from $145 to … Read more
Financial Synergies Wealth Advisors Inc. significantly boosted its stake in International Business Machines Co. during the first quarter, according to recent SEC filings. The firm acquired 123 additional shares, bringing its total holdings to 198 shares valued at $38,000. Other hedge funds, including Naples Money Management LLC, Creekmur Asset Management LLC, and Ables Iannone Moore … Read more
First PREMIER Bank decreased its holdings in International Business Machines Co. by 7.6% in the first quarter, selling 106 shares and leaving them with 1,291 shares valued at $246,000. Other institutional investors and hedge funds have also adjusted their positions in IBM, with Vanguard Group Inc. seeing a 0.4% increase in stake, Morgan Stanley increasing … Read more
Wellington Management Group LLP, a notable investment firm, has decided to decrease its ownership in International Business Machines Corporation (IBM) by selling off a portion of its stake in the company. This move comes amidst a fluctuating market environment and uncertainties within the defense industry. The decision to reduce its stake in IBM could be … Read more
Amazon is making a big investment in Germany to drive innovation and expand its logistics network and cloud infrastructure. The company plans to invest 10 billion euros ($10.7 billion) and create 4,000 new jobs this year in three new logistics centers. By the end of 2024, Amazon’s total number of permanent employees in Germany will … Read more
Ballentine Partners LLC has increased its holdings in International Business Machines Co. by 10.6% in the first quarter, according to its recent SEC filing. The fund now owns 14,367 shares of IBM worth $2,744,000. Other institutional investors and hedge funds have also modified their holdings of IBM, including Naples Money Management LLC, Creekmur Asset Management … Read more
Equity research analysts at The Goldman Sachs Group initiated coverage on International Business Machines with a “buy” rating and a $200.00 price target. Other analysts have also weighed in on the company, with varying ratings and price targets. On the market, IBM’s stock opened at $172.46 on Monday, with a 1-year low of $129.18 and … Read more
International Assets Investment Management LLC has raised its stake in Oracle Co. by 5.6% in the first quarter, according to a recent filing with the Securities and Exchange Commission. The institutional investor now owns 12,620 shares of the enterprise software provider, valued at $1,584,000. Other large investors like Orion Capital Management LLC and Spartan Planning … Read more