IBM tops Street 4Q forecasts
ARMONK, N.Y. — International Business Machines Corp. (IBM) on Thursday reported fourth-quarter profit of $4.5 billion. The Armonk, New York-based company said it had net income of $4.72 per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, came to $5.01 per share. The results topped Wall Street expectations. The average