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In company news, International Business Machines (IBM) late Monday delivered a second-quarter beat as its hardware segment offset a moderation in the software unit and Red Hat, while the technology giant pegged free cash flow for the year at the low end of its guidance range. IBM declined 5.3%, one of the steepest decliners on the Dow.
In company news, International Business Machines (IBM) late Monday delivered a second-quarter beat as its hardware segment offset a moderation in the software unit and Red Hat, while the technology giant pegged free cash flow for the year at the low end of its guidance range. IBM declined 5.3%, one of the steepest decliners on the Dow.