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$IBM General Update: IBM and Box announced a global partnership that will combine the best-in-class technologies & resources of both companies to transform work in the cloud. They will jointly deliver these solutions to market internationally, and IBM will also enable builders & developers to integrate Box APIs into enterprise apps & web services.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.