Updated Jul. 19, 2012 at 4:38 p.m.

Premium Lock IBM shares surge nearly 4% after earnings report, forecast

Published: 2012-07-19 14:32:00
Updated: 2012-07-19 16:38:51

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Big Blue stock rallied more than 4 percent in heavy trading Thursday after its latest earnings report and forecast encouraged investors....

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Ahh, revenues drop and yet profits go up - that's what happens when you lay everyone off and reduce expenses. But with declining revenue, this tactic will eventually catch up to them.
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