Hints and tips:
...Mark Loughridge, Vanguard’s lead independent director, praised Buckley for leading the group through “a period of unprecedented innovation, growth, and transformation, building high-value-added services...
...Mark Loughridge, IBM’s chief finance officer, told analysts on a conference call that a $1.1bn reduction in cash flow during the first half of 2013 would not affect its plans to spend $90bn on share buybacks...
...Mark Loughridge, chief financial officer, said much of the problem was caused by Chinese state-owned enterprises and other public sector customers pulling back from buying computer hardware as the country...
...Mark Loughridge, chief financial officer, says he had a response: “There’s nothing going on here: we’re just catching everyone.”...
...On a conference call with analysts, Mark Loughridge, IBM’s chief finance officer, blamed factors as varied as the weak yen, Chinese leadership changes and an earlier Easter holiday for its miss....
...Mark Loughridge, chief financial officer, said Global Business Services was taking longer than other parts of the business to achieve a 50 per cent software mix, but should return to revenue growth this...
...Mark Loughridge, IBM’s chief financial officer, blamed currency volatility for the fall....
...Mark Loughridge, chief financial officer, sought to shift attention away from the broader economic environment as he stressed the resilience of IBM’s business model in producing steadily rising earnings...
...The year marks IBM’s ninth consecutive year of double-digit growth in earnings per share, said Mark Loughridge, IBM’s chief financial officer....
...Mark Loughridge, chief financial officer, said that the hardware division “should regain revenue growth” in the second half of this year, with services reporting “double-digit profit growth.”...
...On a conference call, Mark Loughridge, chief financial officer, responded to analyst concerns about poor macroeconomic conditions by saying that he expected the fourth quarter to be very similar to the third...
...Mark Loughridge, chief financial officer, said growth was due mostly to upgrades in the regular product-refresh cycle, rather than new sales, but emphasised that the company brought in 68 new mainframe customers...
...Mark Loughridge, chief financial officer, said the US technology bellwether had seen the best performance for a decade both in its hardware division and in the level of new business signings in services....
...Mark Loughridge, chief financial officer of IBM, spent his early career at the company as a development engineer and strategic planner....
...There was “certainly not a pull-back in [corporate] spending” during the quarter, said Mark Loughridge, chief financial officer....
...Adding to IBM’s confidence was the pattern of demand seen so far this year, said Mark Loughridge, chief financial officer....
...“We saw a lot of large deals roll over to the first quarter, especially in our software business,” said Mark Loughridge, chief financial officer....
...Loughridge said in a statement....
...“It’s too early to start predicting what the economy is or is not going to do, but there’s clearly a tailwind as we get into the second half,” Mark Loughridge, IBM’s chief financial officer, told the Financial...
...Mark Loughridge, chief financial officer, said that he was “if anything, more confident” than three months earlier that IBM would meet the target it set then of $9.20 per share full-year earnings....
...“There was nothing in January to make us change our view, and quarter-to-date [new orders] have held up,” said Mark Loughridge, chief financial officer....
...This had left the company much better able to withstand the recession than it had been at the bottom of the last slump in 2002, said Mark Loughridge, chief financial officer....
...Mark Loughridge, chief financial officer, called this business “high margin, very profitable, that we think has a lot of sustainability”....
...“As you would expect in this quarter, customers are scrutinising deals more closely,” said Mark Loughridge, chief financial officer....
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