01-05-2013, 03:15 PM
IBM reverses Wall Street slump
NEW YORK — News that IBM will buy back more stock and raise its dividend helped pull major United States stock indexes out of a morning slump yesterday (this morning, Singapore time).
IBM and other technology stocks led the Standard & Poor’s 500 index up. The broad-market measure ended April with a 1.8 per cent gain, the sixth month in a row the index has climbed higher.
http://www.todayonline.com/business/ibm-...reet-slump
NEW YORK — News that IBM will buy back more stock and raise its dividend helped pull major United States stock indexes out of a morning slump yesterday (this morning, Singapore time).
IBM and other technology stocks led the Standard & Poor’s 500 index up. The broad-market measure ended April with a 1.8 per cent gain, the sixth month in a row the index has climbed higher.
http://www.todayonline.com/business/ibm-...reet-slump
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