Monday, October 20, 2014

The Truth Hidden by IBM’s Buybacks by ANDREW ROSS SORKIN

This is a blog post from Ari Pregen's Blog



By ANDREW ROSS SORKIN


Virginia M. Rometty, IBM’s chief executive, has talked a good game about focusing on “shareholder value.” But all these maneuvers have been masking a truth: IBM’s success in recent years has been tied more to financial engineering than actual performance.


Published: October 20, 2014 at 4:00AM


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