Tesla, UPS, Hasbro and Southwest rise premarket; Boeing and IBM fall – Investing.com
Investing.com — U.S. stocks rose modestly on Thursday, following Wednesday's decline marked by rising yields and declines in big tech stocks. Here are the biggest stocks moving U.S. stocks in the premarket today. tesla (NASDAQ:) Shares rose 13% after the electric vehicle manufacturing giant posted better-than-expected third-quarter profits and said it expected deliveries to increase […]
IBM to take $2.7 billion charge related to transfer of pension obligations – Yahoo Finance
(Reuters) – IBM Inc said on Wednesday it expects a pretax charge of about $2.7 billion in the third quarter related to a transaction to transfer some of its pension plan liabilities to Prudential Financial Inc. The transaction will transfer approximately $6 billion of IBM's defined benefit pension obligations to Prudential Insurance Company. Defined benefit […]
IBM vice chairman says stock sell-off is a response to debate, criticizes lack of detail in Harris economic plan
IBM Vice Chairman Gary Cohn said Wednesday's stock market selloff was driven in part by the reaction to the presidential debate between former President Donald Trump and Vice President Kamala Harris. Cohn made the comments during an appearance on CNBC after the Dow Jones index. Fell It rose 1.6% in early trading. “I know she […]