International Business Machines Corp (NYSE:IBM) started reducing its workforce in the United States to meet its $20 adjusted earnings per share target in 2015. The workforce reduction is part of the company’s $1 billion restructuring plan as it adjusts its business operations to the changes in the technology industry, according to report from Bloomberg. International Business Machines Corp. (NYSE:IBM) stock opened at $183.83 in last session, and closed at $185.27, while the day range of stock is $183.81 – $185.95. The stock showed a positive weekly performance of 0.55%.
Xerox Corp. (NYSE:XRX) will look to hire employees for its call center at a Thursday, March 6 job fair in Meridian. The hiring event will be at the Idaho Department of Labor’s Meridian office at 1090 E. Watertower St., Suite 100, and will run from 1 to 4 p.m. Xerox Corp (NYSE:XRX) stock opened at $10.71, in last session and closed at $11.00, by gaining 2.33%. The 52 week range of the stock is $8.00 – $12.65. Company’s market capitalization is $13.07 billion.
Riverbed Technology Inc (NASDAQ:RVBD), the leader in application performance infrastructure, announced that three Riverbed executives have been named Computer Reseller News 2014 Channel Chiefs, including Keith Hoskison, senior vice president, Worldwide Channels and Strategic Account Programs; Randy Schirman, senior vice president, Service Delivery; and Michele Hayes, vice president of Partner Programs. Riverbed Technology, Inc. (NASDAQ:RVBD) stock decreased -2.18% and finished the last session at $20.65. The EPS of the stock remained -0.08. Company’s market capitalization is $3.30 billion.
ServiceNow Inc (NYSE:NOW), the enterprise IT cloud company, announced that its president and chief executive officer, Frank Slootman, will present at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco, CA on Tuesday, Mar. 4, 2014 at 2:40 p.m. PST (10:40 GMT). ServiceNow Inc (NYSE:NOW) stock opened the session at $68.92, and closed the session at $70.12. The 52 week range of the stock remained $31.26 – $71.80 and the day range was $68.92 – $71.80.