On Tuesday, Shares of International Business Machines Corporation (NYSE:IBM), is flat to $135.35.
International Business Machines Corporation, today declared it accomplished the acquisition of Meteorix LLC, a premier Workday (WDAY) services partner. Financial terms were not revealed.
The acquisition will enhance IBM’s capability to assist companies gain new competitive advantage by aligning people with financial performance and redefining work with the speed and simplicity of cloud-delivered finance and HR services.
“IBM continues to expand the number of cloud-based services we offer clients to assist eliminate barriers to adoption and accelerate results,” said Lori Steele, managing partner, IBM Global Business Services. “The combined power of IBM and Workday can assist companies transform to achieve competitive advantage, unleash employee productivity and assist pave the way for positive financial performance and growth.”
The majority of Workday customers rely on the expertise of service providers that meet Workday’s stringent requirements and are able to leverage the capabilities of Workday to address corporate challenges. With an exclusive focus on Workday, Meteorix has cultivated deep expertise and best practices for maximizing returns from the planned use of Workday applications. When combined with IBM’s industry and transformational expertise in addition to the industry’s foremost business analytics capability and leadership in cognitive computing, finance and HR executives will be well positioned to unlock next-generation employee engagement and productivity while assisting to accelerate financial performance.
International Business Machines Corporation provides information technology (IT) products and services worldwide. The company’s Global Technology Services segment provides IT infrastructure and business process services, such as outsourcing, processing, integrated technology, cloud, and technology support. Its Global Business Services segment offers consulting and systems integration services for strategy and transformation, application innovation services, enterprise applications, and smarter analytics; and application administration, maintenance, and support services.
Shares of Vale S.A. (NYSE:VALE), inclined 1.36% to $4.11, during its current trading session.
Brazilian mining company Vale SA said on Monday that a deadly collapse of a tailings dam at Brazil’s Samarco, an iron ore company it owns 50-50 with Australia’s BHP Billiton Plc, will cut output from two nearby mines, according to Reuters.
Iron ore output from Vale’s Fábrica Nova and Timbopeba mines will be cut by 3 million tonnes in 2015 and by 9 million tonnes in 2016, the company said in a statement.
The disaster on Thursday has killed at least two and left 25 missing, and forced the cut off of drinking water to cities more than 300 km (200 miles) away. Reuters Reports
Vale S.A., together with its auxiliaries, engages in the research, production, and sale of iron ore and pellets, nickel, fertilizer, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally. Its Bulk Material segment produces and extracts iron ore and pellet. This segment is also involved in the production and extraction of manganese, ferroalloys, and others ferrous products and services; and extraction of coal, in addition to in the provision of railroad, port, and terminal logistics services.
Finally, SouFun Holdings Ltd. (NYSE:SFUN), is now trading with -6.06% loss, and is at $6.66.
SouFun Holdings, will report its unaudited third quarter 2015 financial results before the U.S. market opens on Wednesday, November 18, 2015.
SouFun’s administration team will host a conference call on the same day at 8:00 AM U.S. EST (9:00 PM Beijing/Hong Kong time).
SouFun Holdings Limited operates a real estate Internet portal, and home furnishing and improvement Websites in the People’s Republic of China. The company offers marketing services on its Websites, primarily through advertisements to real estate developers in the marketing phase of new property developments, in addition to to real estate agencies; and suppliers of home furnishing and improvement, and other home-related products and services.