On Wednesday, AT&T Inc. (NYSE:T)’s shares inclined 0.62% to $33.42.
AT&T Inc. (T) is currently valued at $204.27 billion. The company has 6.15 billion shares outstanding and 46.70% shares of the company were owned by institutional investors. The company has 1.55 value in price to sale ratio while price to book ratio was recorded as 1.55. The company exchanged hands with 27.82 million shares as compared to its average daily volume of 27.13 million shares. It beta stands at 0.38.
AT&T Inc. is a holding company. The Company provides telecommunications services. Its services and products comprise wireless communications, data/broadband and Internet services, video services, local exchange services, long-distance services, telecommunications equipment, managed networking and wholesale services.
International Business Machines Corp. (NYSE:IBM)’s shares gained 2.14% to $140.81.
International Business Machines Corp. (IBM) offered -0.60% EPS for prior five years. The company has 111.50% return on equity value while its ROI ratio was 29.90%. The company has $135.04 billion market capitalizations and the institutional ownership was 59.90%. Its price to book ratio was -10.33. Volatility of the stock was 2.48% for the week while for the month booked as 1.91%.
International Business Machines Corp., declared that it has reached a definitive agreement to acquire The Weather Company’s B2B, mobile and cloud-based web properties, counting WSI, weather.com, Weather Underground and The Weather Company brand. The TV segment – The Weather Channel – will not be attained by IBM, but will license weather forecast data and analytics from IBM under a long-term contract. The combination of technology and expertise from the two companies will serve as the foundation for the new Watson IoT Unit and Watson IoT Cloud platform, building on a $3B commitment made by IBM in March 2015 to invest in related offerings and services.
The planned acquisition would bring together IBM’s powerful cognitive and analytics platform and The Weather Company’s dynamic cloud data platform, which powers the fourth most-used mobile app daily in the United States and handles 26 billion inquiries to its cloud-based services each day. The deal would extend the reach of IBM’s cloud data services capabilities and expand The Weather Company’s business capabilities and consumer reach on a global scale. The Weather Company’s cloud-based data platform will allow IBM to collect an even larger variety and higher velocity of global data sets, store them, analyze them and in turn distribute them and empower richer and deeper insights across the Watson platform.
International Business Machines Corporation is a technology company. The Company operates in five business segments: Global Technology Services (GTS), which comprises Planned Outsourcing, Integrated Technology Services, Cloud and Technology Support Services, and also provides information technology (IT) infrastructure and business process services; Global Business Services (GBS), which offers its services across Consulting and Systems Integration, Global Process Services and Application Administration Services; Software, which comprises of middleware and operating systems software; Systems and Technology (STG), which provides infrastructure technologies, and Global Financing, which provides financing solutions for products or services that are critical to the end users’ business operations.
At the end of Wednesday’s trade, Coach Inc (NYSE:COH)‘s shares dipped -2.05% to $31.00.
Coach Inc (COH) has market value of $8.78 billion while its EPS was booked as $1.45 in the last 12 months. The stock has 276.60 million shares outstanding while 93.50% shares of the company were owned by institutional investors. In the profitability analysis, the company has gross profit margin of 69.60% while net profit margin was 9.60%. Beta value of the company was 1.11; beta is used to measure riskiness of the security.
Coach, Inc. (Coach) is a design house of modern luxury accessories and lifestyle collections. The Company operates through three segments: North America, which comprises sales to North American consumers through Coach-branded stores (counting the Internet) and sales to wholesale customers; International segment, which comprises sales to consumers through Coach-branded stores (counting the Internet) and concession shop-in-shops in Japan and mainland China, Coach-