Unica News

With little in the way of economic data for investors to chew on, the Dow Jones Industrial Average is trading just below breakeven, as bulls take a breather from last week's record-setting run .

The share price of New York-based International Business Machines increased in recent weeks following a sell off that occurred because of disappointing first quarter earnings.

International Business Machines' recent first quarter results were nothing to write home to Momma about.

International Business Machines is the world's largest software services company with annual revenues of ~$104 billion.

Investors return to the equity market this morning after a turbulent five-day stretch last week that saw the major U.S. equity indexes seesaw back and forth for much of the week, with the swings pronounced at times.

International Business Machines ' first-quarter results came in well below our expectations, as the firm's hardware and software results disappointed.

Analysts today were weighing not only International Business Machines in the wake of its Q1 revenue and earnings miss , but also the implications for software, especially in light of what were generally robust results for Microsoft last night despite a top-line miss.

However, the market is pressing ahead strongly. Indeed, at just past noon in New York , the Dow Jones Industrial Average, which had been weak earlier, is off just five points; the broader S&P 500 Index is ahead 13 points ; and the NASDAQ, which is showing leadership, is tacking on 42 points .

International Business Machines Corporation recently reported its first quarter earnings and discussed the following topics in its earnings conference call.