IBM CEO will be on the hunt for acquisitions and new businesses after spinning off services unit

IBM shook up Wall Street on Thursday with a plan to spin off its information technology services unit as a separate company. Investors loved the idea, which could take until the end of 2021 to complete. IBM’s stock price, which had previously lost 7% in 2020, gained 6%

Read More at Fortune

Ad
Previous articleDollar Muted as Safe-Haven Demand Fades on Stimulus Hopes
Next article3 Tips Every Consultancy Business Needs to Grow Strong

LEAVE A REPLY

Please enter your comment!
Please enter your name here