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IBM can't hold back earnings excitement
By Times Wires
Published January 15, 2008
BOSTON IBM Corp. said Monday that its earnings per share in the fourth quarter blew past analysts' expectations by 20 cents. IBM's executives felt the numbers were too good to sit on, so they released a peek at the results before Thursday's full report but would not elaborate on them. The company has made clear that it has increased investments in developing countries with high growth rates, like China, India, Russia and Brazil. IBM's fourth-quarter earnings per share amounted to $2.80, beating the $2.60 expected by analysts. TAMPA Syniverse names new tech chief Jeffrey S. Gordon is replacing Paul Wilcock as the chief technology officer at Tampa-based Syniverse Technologies. A graduate of the IBM Systems Research Institute, Gordon joins Syniverse after 19 years in senior technology roles. Most recently, he was senior vice president of industry solutions at Convergys Corp. He also has worked at Bell Atlantic, IBM and General Electric. Wilcock will remain with Syniverse through March 31 and continue thereafter as a consultant for 12 months. HILLBOROUGH COUNTY Tourism agency puts leader in post A.D. "Sandy" MacKinnon has stepped in as chairman of Tampa Bay & Co., the tourism promotion agency for Hillsborough County. The CEO of Yale Lift Trucks, MacKinnon took the post a year early when former Busch Gardens general manager Dan Brown left for Orlando to run Sea World, Discovery Cove and the new Aquatica water park, which opens in the spring. MacKinnon, a former chair of the Greater Tampa Chamber of Commerce and the Florida State Fair Authority, was set to move into the new tourism post next year. WASHINGTON T-bill rates fall Interest rates on short-term Treasury bills fell in Monday's auction. The Treasury Department auctioned $20-billion in three-month bills at a discount rate of 3.080 percent, down from 3.180 percent last week. An additional $18-billion in six-month bills was auctioned at a discount rate of 2.950 percent, down from 3.170 percent last week.
[Last modified January 14, 2008, 23:28:37]
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