Installed as an outsider, he engineered a comeback, shifting the company’s focus from a waning mainframe computer business ...

Analysts with Jefferies upgraded IBM stock to a buy call and said they expect shares of Oracle to bounce back from a harsh ...

Both stocks are trading at cheap valuation multiples, offering an opportunity for investors. Some may still think of IBM as ...

Lou Gerstner took over IBM when investors were calling for its breakup and its future seemed bleak. But the former biscuit ...

The company looked to be in an unfixable decline when he took over in 1993—and changed its focus from hardware to services.

Gerstner was chair and CEO at a time when the firm was struggling for relevance faced with rivals such as Microsoft ...

Jefferies has shifted its software recommendations for 2026, downgrading Adobe to Hold while upgrading IBM to Buy, as analysts warn that investors may “need to stay patient” for meaningful AI-driven ...

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.

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 ...

The deflationary processes have greatly benefited households and businesses under the current fiat dollar standard in recent ...