Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
IBM officials said this was the 366th consecutive quarterly dividend in a run that dates back to 1916.
The company has $US16.4 billion available to repurchase its own shares, a move likely to increase earnings per share growth in 2007 to 12 to 14 percent. This buyback will probably occur during the next several months.
"These announcements underscore the strength of IBM's business model and our strategy. Over the past several years we have taken strategic actions to capture our industry's profitable growth opportunities and to globally integrate IBM," said Samuel J. Palmisano, IBM chairman, president and chief executive officer.
"This gives us significant financial flexibility to use our capital to drive growth through investments in acquisitions and capital expenditures, and to increase returns to shareholders through dividends and stock repurchase, as we are doing today."
IBM shares closed at $US98.49 on April 24, up $US3.28.
David Bass
| For the fourth year in a row, IDC has placed content security provider Websense (NASDAQ: WBSN) at the top of the IDC Worldwide Web Security 2011 –…
How to Make Business Discovery Work for Your Business
Business Discovery takes its cues from consumer apps. Like Google, it encourages us- ers to hunt for and explore data without worrying about or even noticing the underly- ing technology. Their entire experience is working within an intuitive interface to get real-time, self-service results with only minimal training. ...more
Try an easy-to-use set of web-enabled
tools for business-class productivity services. Office 365 provides
anywhere-access to email, important documents, contacts, and calendars
on almost any device.
Latest Headlines from IT INDUSTRY
