International Business Machines Corp. (NYSE:IBM)

CAPS Rating: 4 out of 5

The Company is a globally integrated innovation company, serving the needs of enterprises and institutions worldwide.

Recs

0
Player Avatar bradford86 (99.43) Submitted: 12/20/2011 9:46:28 AM : Underperform Start Price: $184.58 IBM Score: +2.27

IBM's in way deeper than the few who've noticed they're in at all realize. First they took over the back-office work, creating the forged docs, for a few banks. They seem to pretty much run JPM's entire operation, servicing centers typically in the middle of nowhere.At the same time they purchased a defunct servicer w/ a shady background and changed the name to IBM Lender Processing, ramping up their own operation. Like I said, they've now changed the name again, probably realizing the havoc this will unleash on the core brand. But too late.

Featured Broker Partners


Advertisement