IBM misses revenue forecasts, as server sales weaken

Source: Dukascopy Bank SA
International Business Machines missed Wall Street forecasts for the Q3 revenue, weighed down by weakening demand for mainframe servers, with overall revenue falling 2.1% to $18.76B.
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Wed, 17 Oct 2018 02:36:03 GMT

IMF Managing Director Lagarde to not attend Saudi investment conference

On Tuesday, the Managing Director of the International Monetary Fund Christine Lagarde claimed that she will postpone her Middle East trip and will not attend Saudi Arabia's investment conference.

Tue, 16 Oct 2018 20:27:02 GMT

Railroad operator CSX's quarterly profit tops Wall St. target

CSX reported the quarterly profit above Wall Street's estimates, as the one of the biggest railroad operator in the US benefited from volume increase, ongoing cost-cutting and rising prices for transporting freight.

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