- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
IBM (NYSE:IBM) and Ameriprise Financial have worked together since 2006 in IT outsourcing. IBM has just announced that it has received a multi-year extension of the arrangement which includes IBM hosting the latter’s PeopleSoft apps on the cloud.
Don’t Miss: Apple is Having the Best Launch Ever.
Walgreen (NYSE:WAG) is looking closely into the prospects of synergy savings arising from its pairing with Alliance Boots. The company estimates that it could save $100-$150 million dollars within the first year of the program which would yield total savings of approximately $ 1 billion.
Brazil’s petroleum regulator has taken up the cudgels on behalf of Transocean (NYSE:RIG) and Chevron (NYSE:CVX), who have been banned from operating in Brazil. Apparently, the ban could severely hamper Brazil’s oil exploration efforts including those of national oil company Petrobras (NYSE:PBR), who plans to drill eight new wells in the huge Marlim oil field.
Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.