Investors offer about $38.8 billion in Greek buyback: source

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Leash on expenses helps AmEx counter muted user spendingComments Off

American Express Co’s quarterly profit beat analysts’ average estimate as a tighter control on expenses helped make up for slower growth in consumer spending in its key U.S. market.

IBM reports lowest quarterly revenue in 5 years as hardware sales fallComments Off

IBM Corp reported its lowest quarterly revenue in five years as the company struggles with falling demand for its storage and server products.

AmEx profit tops estimates on higher user spending, lower expensesComments Off

American Express Co’s first-quarter profit beat analysts’ average estimate as its credit-card customers spent more in a recovering U.S. economy and the company kept expenses in check.

IBM revenue misses estimates as hardware sales fallComments Off

International Business Machines Corp reported lower-than-expected quarterly revenue as the company struggles with falling demand for its storage and server products.

IBM Shares Decline After Revenue Falls ShortComments Off

International Business Machines Corp. shares declined in the extended session Wednesday after the company’s revenue fell short of Wall Street expectations.

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