IBM Corp. (IBM) reported second quarter operating net income of $3.51 per share after the close Wednesday, up from $3.09 per share last year. The consensus estimate was for EPS of $3.42. The company also increased its full year 2012 operating EPS forecast to at least $15.10, from its previous estimate of at least $15.00. The consensus estimate is for EPS of $15.06.
IBM Corp. gapped up sharply Thursday and climbed in early trade, but settled into a narrow range for the majority of the session. The stock closed up by 7.09 at $195.34. IBM rose to a 2-week high and re-crossed both its 50 and 200-day moving averages.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.