Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

IBM Forecasts Sales Of Home Furnishings In Q2 Will Be Higher - Quick Facts

RELATED NEWS
Trade IBM now with 

International Business Machines Corp (IBM: Quote) Friday stated that sales of home furnishings in the second quarter of calendar year 2012 would shoot higher.

Relying on its analytics-based forecast, IBM predicts that in-store sales would increase nearly 8 percent to $23.22 billion and online sales would post an increase of 28.4 percent for the second quarter.

Combined in-store and online sales of home furnishings are expected to grow 16.6 percent in the second quarter, IBM further added.

Click here to receive FREE breaking news email alerts for International Business Machines Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Stocks moved sharply lower over the course of the trading day on Wednesday, adding to the modest weakness seen in the two previous sessions. With the losses on the day, the major averages fell to their lowest closing levels in over a month. Democrats have climbed into the lead on a generic ballot, according to the results of a new CNN/ORC International poll, although the results may not be as positive for the party as they first appear. With spending on private and public construction both showing notable decreases, the Commerce Department released a report on Wednesday showing an unexpected drop in U.S. construction spending in the month of August.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.