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IBM marks strong start to new chapter as cloud revenue booms

IBM (IBM.N) on Monday beat Wall Street estimates for revenue in the fourth quarter, as its focus on the cloud paid off in Big Blue’s first earnings after exiting the slow-growing managed infrastructure business.

Analysis: Baptism by fire awaits today’s rate-hike rookies

Today’s central bankers have the unenviable task of weaning a pandemic-hit global economy off cheap money amid unprecedented sovereign debt levels and with asset prices inflated by years of stimulus and near-zero interest rates.

Kohl’s under fresh pressure as Sycamore expresses interest after Acacia made bid

U.S. department store Kohl’s Corp (KSS.N) may soon receive a second takeover offer as private equity firm Sycamore Partners prepares to make a bid only days after a consortium backed by activist investment firm Starboard Value proposed buying the company, three sources familiar with the matter said on Sunday.

IBM marks strong start to new chapter as cloud revenue booms

IBM (IBM.N) on Monday beat Wall Street estimates for revenue in the fourth quarter, as its focus on the cloud paid off in Big Blue’s first earnings after exiting the slow-growing managed infrastructure business.

Analysis: Baptism by fire awaits today’s rate-hike rookies

Today’s central bankers have the unenviable task of weaning a pandemic-hit global economy off cheap money amid unprecedented sovereign debt levels and with asset prices inflated by years of stimulus and near-zero interest rates.

Kohl’s under fresh pressure as Sycamore expresses interest after Acacia made bid

U.S. department store Kohl’s Corp (KSS.N) may soon receive a second takeover offer as private equity firm Sycamore Partners prepares to make a bid only days after a consortium backed by activist investment firm Starboard Value proposed buying the company, three sources familiar with the matter said on Sunday.

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