The KUIK Closing Market Report for Monday, October 19: |
|
Markets were up. |
|
Index |
Direction |
Change |
Units |
Index |
Time |
Change |
|
Dow |
Up |
15 |
points |
17,231 |
2:30 PM |
|
|
S&P500 |
Up |
0.0% |
percent |
2,034 |
|
0.55 |
|
Nasdaq Composite |
Up |
0.4% |
percent |
4,905 |
|
18.78 |
|
30 Year Treasury |
Up |
2 |
Basis Points |
2.88 |
Annual Yield |
|
|
|
IBM said its third-quarter revenue fell 14%, hurt by declines in hardware sales and the stronger dollar, as it posted its 14th straight quarter of year-on-year revenue declines. Shares fell 3.2% to $144.40 in after-hours trading as revenue missed expectations and the company cut its 2015 guidance. |
|
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK. |
|
http://www.marketwatch.com/story/ibm-revenue-decline-continues-stock-drops-2015-10-19 |
|
For today’s Closing Market Report click to listen-> |
|