IBM's earnings solid but unspectacular
News Customer spending continues to improve, though not uniformly across all segments and regions," said Mark Loughridge, IBM's chief financial officer. IBM's diversified business allowed it to return relatively strong earnings overall, according to...
[July 16, 2004, 11:05]
Strong services revenue lifts IBM's second quarter
News During a conference call with financial analysts, IBM's chief financial officer Mark Loughridge said that the second quarter was one of IBM's strongest in years. Loughridge added demand for corporate IT products appears solid around the world.
[July 19, 2007, 8:59]
IBM to cut 10,000 jobs
News Last month, IBM chief financial officer Mark Loughridge said the company would undergo a "sizable restructuring" to address weak areas, notably in Europe. Loughridge will offer more details about the restructuring on Thursday morning, the company...
[May 5, 2005, 9:00]
IBM shrugs off downturn as earnings rise
News This is a tough environment but we were ready for it," IBM chief financial officer Mark Loughridge said in a conference call. Loughridge cited IBM's ongoing activity around spending cuts and margin performance as reasons for executives being...
[October 17, 2008, 11:08]
IBM announces further job cuts
News During the company's first-quarter earnings conference call in April, chief financial officer Mark Loughridge said the company would "rebalance" its resources. Marking a second round of layoffs this month, IBM announced on Wednesday that it will...
[May 31, 2007, 8:48]
IBM hikes 2009 outlook after strong Q3
News On a conference call with analysts, IBM chief financial officer Mark Loughridge said the company gained market share in both hardware and software. In software Websphere gained three percent market share on Oracle middleware, said Loughridge.
[October 16, 2009, 8:47]
IBM sells PC division to Lenovo
News While we will have less revenue, we will have an improved financial profile," said Mark Loughridge, senior vice-president and chief financial officer. The two companies plan to form a complex joint venture that would make Lenovo the third-largest...
[December 8, 2004, 7:35]
IBM blames job cuts on Europe's weaknesses
News In a conference call on Thursday lunchtime, Mark Loughridge, IBM's senior vice-president and chief financial officer, said the company was looking to strengthen its position selling high-value products and services.
[May 5, 2005, 15:55]
