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IBM

IBM

$154.24

0.61 (0.40%)

06:34
07/17/17
07/17
06:34
07/17/17
06:34

IBM unveils IBM Z, capable of running over 12B encrypted transactions per day

IBM unveiled IBM Z, the next generation of the world's most powerful transaction system, capable of running more than 12 billion encrypted transactions per day. The new system also introduces a breakthrough encryption engine that, for the first time, makes it possible to pervasively encrypt data associated with any application, cloud service or database all the time. IBM Z's new data encryption capabilities are designed to address the global epidemic of data breaches, a major factor in the $8 trillion cybercrime impact on the global economy by 2022. Of the more than nine billion data records lost or stolen since 2013, only four percent were encrypted, making the vast majority of such data vulnerable to organized cybercrime rings, state actors and employees misusing access to sensitive information. In the most significant re-positioning of mainframe technology in more than a decade, when the platform embraced Linux and open source software, IBM Z now dramatically expands the protective cryptographic umbrella of the world's most advanced encryption technology and key protection. The system's advanced cryptographic capability now extends across any data, networks, external devices or entire applications - such as the IBM Cloud Blockchain service - with no application changes and no impact on business service level agreements.

IBM IBM
$154.24

0.61 (0.40%)

06/08/17
STFL
06/08/17
NO CHANGE
STFL
IBM defended after CNBC report at Stifel
After CNBC reported that Facebook's (FB) WhatsApp had decided to stop using IBM's (IBM) cloud service and build its own solution, Stifel analyst David Grossman says that WhatsApp accounted for a tiny portion of IBM's cloud/outsourcing revenue. The analyst reiterated that bookings disclosed by IBM so far this quarter increase his confidence that its Infrastructure Services business "can stabilize in 2H17, all else being equal." He notes that the business accounts for about 30% of the company's revenue. Devitt keeps a $182 price target and Buy rating on the stock.
06/20/17
ROTH
06/20/17
NO CHANGE
Target $15
ROTH
Buy
LivePerson price target raised to $15 from $10 at Roth Capital
Roth Capital analyst Richard Baldry noted that LivePerson (LPSN) has announced partnering efforts around corporate messaging with both Apple (AAPL) and IBM (IBM) in the past week, which he points to as evidence that the enterprise messaging sector appears to be gaining momentum and mainstream acceptance. Baldry, who believes momentum in LivePerson's messaging segment is likely to accelerate in 2H17, raised his price target on the stock to $15 from $10 and keeps a Buy rating on the shares.
06/22/17
CLVD
06/22/17
INITIATION
CLVD
Neutral
IBM initiated with a Neutral at Cleveland Research
Cleveland Research initiated IBM with a Neutral with a $154 price target saying channel sentiment has improved over the last six months driven by better installed base retention and wallet share gains from cloud and software as a service offerings. The analyst is slightly ahead of consensus for earnings through FY19 and said there could be some upside to revenue assumptions should Services stabilize adn partner growth outlooks materialize.
07/17/17
LEHM
07/17/17
NO CHANGE
Target $132
LEHM
Underweight
Barclays calls on IBM to cut outlook, drops price target to $132
IBM should take the "brave step" and drastically reset its full-year earnings per share outlook to $13.00 or lower, Barclays analyst Mark Moskowitz tells investors in a research note. He believes the company's narrative is "becoming tedious" with a lot of investments in next-generation technology generating little revenue impact. The analyst cut his below-consensus estimates for 2017 and 2018 and dropped his price target for IBM shares to $132 from $141. The technology company closed Friday up 61c to $154.24. Moskowitz keeps an Underweight rating on the shares. He views IBM's valuation as "stretched" and does not think cost cuts will be enough to counter increasing exposure to cloud-related or "as-a-service" revenue that carries lower revenue and profit.

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PRTA

Prothena

$60.32

-0.43 (-0.71%)

07:33
10/17/17
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Prothena management to meet with Deutsche Bank »

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HK

Halcon Resources

$5.90

-0.1 (-1.67%)

07:33
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07:33
Upgrade
Halcon Resources rating change  »

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ARMK

Aramark

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MDXG

MiMedx

$13.51

0.31 (2.35%)

07:32
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Hot Stocks
MiMedx notified by FDA to proceed with Phase 2B IND trial for osteoarthritis »

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IPXL

Impax

$19.95

-0.85 (-4.09%)

07:31
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Breaking Hot Stocks news story on Impax »

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  • 09

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JBL

Jabil Circuit

$28.61

0.37 (1.31%)

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EVTCY

Evotec

$51.15

2.3099 (4.73%)

07:31
10/17/17
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07:31
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07:31
Conference/Events
Evotec management to meet with Deutsche Bank »

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  • 17

    Oct

GPRO

GoPro

$9.08

-0.48 (-5.02%)

, CREE

Cree

$29.28

-0.08 (-0.27%)

07:30
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10/17
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Options
Unusual put flow in option market yesterday »

Notable put activity was…

GPRO

GoPro

$9.08

-0.48 (-5.02%)

CREE

Cree

$29.28

-0.08 (-0.27%)

MT

ArcelorMittal

$28.99

-0.36 (-1.23%)

PXD

Pioneer Natural

$143.69

-0.23 (-0.16%)

BABY

Natus Medical

$39.35

-0.75 (-1.87%)

03/08/13
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CARB

Carbonite

$22.30

-0.5 (-2.19%)

07:30
10/17/17
10/17
07:30
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07:30
Initiation
Carbonite initiated  »

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  • 02

    Nov

NEWS

NewStar Financial

$12.13

0.23 (1.93%)

07:30
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Hot Stocks
Breaking Hot Stocks news story on NewStar Financial »

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JRVR

James River Group

$41.95

-0.08 (-0.19%)

07:27
10/17/17
10/17
07:27
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07:27
Initiation
James River Group initiated  »

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  • 02

    Nov

MDB

MongoDB

07:27
10/17/17
10/17
07:27
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Syndicate
MongoDB IPO deal range increased to $20.00-$22.00 »

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  • 19

    Oct

NFLX

Netflix

$202.68

3.19 (1.60%)

07:26
10/17/17
10/17
07:26
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07:26
Recommendations
Netflix analyst commentary  »

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  • 22

    Oct

PSX

Phillips 66

$90.87

-3.56 (-3.77%)

07:26
10/17/17
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07:26
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07:26
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Phillips 66 analyst commentary  »

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  • 27

    Oct

VZ

Verizon

$48.09

0.23 (0.48%)

07:25
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07:25
Periodicals
Verizon FiOS stops carrying Univision, WSJ reports »

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VLO

Valero

$77.42

-0.66 (-0.85%)

07:25
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Valero analyst commentary  »

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  • 26

    Oct

SNDX

Syndax

$12.76

0.39 (3.15%)

07:25
10/17/17
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Syndicate
Syndax raises $25M in a registered direct offering »

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IMDZ

Immune Design

$10.10

-0.85 (-7.76%)

07:25
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Conference/Events
Immune Design to host conference call »

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CVS

CVS Health

$72.44

-0.16 (-0.22%)

07:25
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Conference/Events
Economic Club of New York to hold a breakfast meeting »

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CVS

CVS Health

$72.44

-0.16 (-0.22%)

07:25
10/17/17
10/17
07:25
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07:25
Conference/Events
Economic Club of New York to hold a breakfast meeting »

Larry Merlo, President…

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IPXL

Impax

$19.95

-0.85 (-4.09%)

07:24
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Hot Stocks
Breaking Hot Stocks news story on Impax »

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  • 09

    Nov

ANDV

Andeavor

$103.82

-1.55 (-1.47%)

07:24
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Andeavor analyst commentary  »

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TCMD

Tactile Systems

$30.87

-1.05 (-3.29%)

07:23
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Initiation
Tactile Systems initiated  »

Tactile Systems initiated…

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  • 07

    Nov

AGN

Allergan

07:22
10/17/17
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Allergan analyst commentary  »

Allergan court ruling on…

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GRPN

Groupon

$4.70

0.07 (1.51%)

07:22
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Initiation
Groupon initiated  »

Groupon initiated with a…

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