Shares of IBM Corp. surged to a six-year high after the technology company surprised analysts by reporting a 26 percent jump in quarterly earnings and boosting its full-year forecast.
The provider of technology services, software and server computers said it earned $2.32 billion, or $1.65 per share, in the first quarter.
That was well ahead of its profit of $1.84 billion, or $1.21 per share, in the same period of 2007.
Revenue rose 11 percent to $24.5 billion,...
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