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Yang, when reached on her cellphone for comment, hung up cufflink button. Zhang did not respond to a request for comment. “Those employees were not only present but helped facilitate” Richard Liu’s alleged assault of the student, according to the lawsuit. “The offensive contact caused the plaintiff physical and emotional injuries,” the court filing said. “It also caused her to withdraw from all classes during the fall 2018 semester at the University of Minnesota and to seek professional counseling, care and treatment.”..
(Reuters) – International Business Machines Corp reported a bigger-than-expected drop in first-quarter revenue on Tuesday, hurt by tapering demand for its mainframe computers and a stronger dollar, sending its shares down about 3 percent. The technology giant’s revenue at all its main business units except cloud, which has been the centerpiece of its turnaround strategy, missed analysts’ estimates. IBM’s cloud and cognitive segment, which includes analytics, cybersecurity and artificial intelligence, fell 1.5 percent to $5.04 billion in the quarter, but beat FactSet estimates of $4.18 billion cufflink button.
“We saw good acceleration in our cloud business.. We now have an improving trajectory as we move forward,” Chief Financial Officer Jim Kavanaugh said. Under Ginni Rometty’s stewardship, the company has shed many of its traditional hardware businesses and beefed up the growth areas through deals such as its $34 billion acquisition for Red Hat Inc. IBM returned to annual revenue growth in the last quarter of 2018, triggering expectations that its strategy was taking roots. The company’s systems segment, which houses its mainframe computer business, fell 11.5 percent to $1.33 billion in the reported quarter, missing FactSet estimates of $1.37 billion cufflink button.
Its overall revenue slipped 4.7 percent to $18.18 billion in the first quarter ended March 31 and missed the average analyst estimate of $18.46 billion, according to IBES data from Refinitiv. Its net income fell to $1.59 billion, or $1.78 per share, in the quarter ended March 31 from $1.68 billion, or $1.81 per share, a year earlier cufflink button. Excluding special items, the company earned $2.25 per share and beat analysts’ expectation of $2.22 per share. The company on Tuesday maintained its adjusted operating profit for 2019 to be “at least” $13.90 per share. Analysts on an average were expecting $13.91 per share..
LIUZHOU, China/BEIJING (Reuters) – By many measures, General Motors’ China brand Baojun has been an exceptional success story, growing at breakneck speed by selling low-cost no-frills vehicles in smaller cities and rural areas. But as Chinese consumer tastes shift away from basic and affordable, Baojun is engineering a different image for itself – launching mid-market models that will sport a redesigned logo and be sold through new or revamped showrooms cufflink button. The move is aimed at ensuring Baojun has offerings in the 100,000 yuan to 150,000 yuan ($15,000-$22,300) range that holds the most potential for the brand, said Mike Devereux, executive vice president at SGMW, GM’s venture with Chinese partners SAIC Motor Corp and Guangxi Automobile Group..