IBM May 2024 160.000 put
| Previous close | 1.2400 |
| Open | 1.2500 |
| Bid | 1.3700 |
| Ask | 1.5100 |
| Strike | 160.00 |
| Expiry date | 2024-05-17 |
| Day's range | 0.9400 - 1.6000 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.06k |
Barrons.comRemembering Joe Rosenberg, a Wall Street Veteran and Man of All Markets
Rosenberg, a keen observer of financial markets and the longtime chief investment officer at Loews, died Monday at 91.
- Reuters
UPDATE 2-IBM wins reversal of $1.6 billion judgment to BMC over software contract
A federal appeals court on Tuesday overturned a judgment requiring IBM to pay rival BMC Software $1.6 billion, after a judge found IBM improperly replaced BMC's mainframe software at AT&T with its own. The 5th U.S. Circuit Court of Appeals in New Orleans said a lower court judge's determination concerning liability was in error. Writing for a three-judge panel, U.S. Circuit Judge Edith Jones said AT&T, one of BMC's biggest clients, had switched to IBM software "independently" and that BMC had "lost out to IBM fair and square."
ReutersIBM wins reversal of $1.6 billion judgment to BMC over software contract
(Reuters) -A federal appeals court on Tuesday overturned a judgment requiring IBM to pay rival BMC Software $1.6 billion, after a judge found IBM improperly replaced BMC's mainframe software at AT&T with its own. The 5th U.S. Circuit Court of Appeals in New Orleans said a lower court judge's determination concerning liability was in error. Writing for a three-judge panel, U.S. Circuit Judge Edith Jones said AT&T, one of BMC's biggest clients, had switched to IBM software "independently" and that BMC had "lost out to IBM fair and square."
