Installed as an outsider, he engineered a comeback, shifting the company’s focus from a waning mainframe computer business ...
Gerstner was chair and CEO at a time when the firm was struggling for relevance faced with rivals such as Microsoft ...
IBM has announced the death of its former CEO Lou Gerstner, who passed away on Saturday, aged 83.
Louis Gerstner, the former chief executive officer credited with saving IBM Corp. from bankruptcy, has died aged 83, the ...
He became the first outsider to run IBM, which was facing a choice of bankruptcy or dismemberment after a period when it had ...
He changed the culture and found a new business mission for the storied company that had fallen on hard times.He died Saturday at age 83.
While strong cash flow is a key indicator of stability, it doesn’t always translate to superior returns. Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak ...
Lou Gerstner took over IBM when investors were calling for its breakup and its future seemed bleak. But the former biscuit ...
Analysts with Jefferies upgraded IBM stock to a buy call and said they expect Oracle stock to bounce back from a harsh slump.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take ...
Both stocks are trading at cheap valuation multiples, offering an opportunity for investors. Some may still think of IBM as ...
The deflationary processes have greatly benefited households and businesses under the current fiat dollar standard in recent ...