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IBM reverses share slide with flat EPS forecast Add to ...

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Lex is a premium daily commentary service from the Financial Times. It helps readers make better investment decisions by highlighting key emerging risks and opportunities.

Sometimes it is the content of the message, not the volume, that is important.

In the third quarter of 2012, and the first of 2013, IBM did not raise its full-year earnings per share target. For a company defined by its steady financial results, this was a big deal.

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