IBM Tumbles To New 5 Year Lows After Buffett Admits Huge Loss

Monday, November 9, 2015
By Paul Martin

by Tyler Durden

We’re gonna need a bigger buyback… As if “old tech” IBM was not in enough trouble, the worrying admission from Buffett’s Berkshire Hathaway’s earnings of around $2 billion (though careful to note he is not about to sell) has seemingly prompted further weakness. IBM is down almost 2% to fresh May 2010 lows…

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