IBM (IBM), a name once synonymous with blue-chip technology, faced a near-death experience in the early 1990’s when it misjudged the importance of PCs at a time when demand for mainframes was waning and corporate downsizing was in full swing. IBM has never been able to regain it technology bellwether crown from Microsoft (MSFT) and Intel (INTC), but it has taken steps to regain its leadership role.
Fri. May. 1, 2009
commentary
IBM Assumes Familiar Leadership Role
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Fri. Mar. 13, 2009
commentary
The Few, The Proud, The Dividend Raisers!
This last week was similar to each of the two prior weeks in that we saw another large bank slash its dividend by more than 80%. Last Friday, Wells Fargo & Company (WFC) cut its dividend by 85% to $0.05. The company said it would help them retain an additional $5 billion in common equity each year.
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