IBM
INTERNATIONAL BUSINESS MACHINES CORPORATION
152.4944
-0.98%
152.4944
-0.98%
139.1300 182.7900
52 weeks
52 weeks

Mkt Cap 143.27B

Shares Out 939.50M

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Oct. 21 Premarket Briefing: 10 Things You Should Know

Here are 10 things you should know for Wednesday, Oct. 21:

1. -- U.S. stock futures were higher Wednesday and shares in Japan rose amid hopes for fresh stimulus from the Bank of Japan.

European stocks moved higher, reversing initial losses triggered by some disappointing earnings bulletins.

In Tokyo, stocks rose 1.9% in anticipation of monetary easing by the Bank of Japan following weak data on September imports and exports.

2. -- The economic calendar in the U.S. on Wednesday includes crude inventories for the week ended Oct. 17, at 10:30 a.m. EDT.

3. -- U.S. stocks on Tuesday fell as IBM (IBM - Get Report) shares declined and pulled the rest of the market down with it.

The S&P 500 closed off 0.12%, the Dow Jones Industrial Average fell 0.1%, and the Nasdaq dropped 0.5%.

4. -- Lam Research (LRCX - Get Report) , the semiconductor equipment maker, agreed to buy rival KLA-Tencor (KLAC - Get Report) for $10.6 billion in a cash-and-stock deal.

KLA-Tencor stockholderswill be entitled to elect to receive $32 in cash and 0.5 of a share of Lam Research common stock, in all-cash, all-stock, or mixed consideration, the companies said Wednesday.

The transaction...


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