The Truth Hidden by IBM’s Buybacks ANDREW ROSS SORKIN Virginia M. Rometty, IBM’s chief executive, has talked a good game about focusing on “shareholder value.” But all these maneuvers have been masking a truth: IBM’s success in recent years has been tied more to financial engineering than actual performance. October 20, 2014 at 4:00AM http://nyti.ms/1sIu41c http://nyti.ms/1tGn7RH The New York Times Business Day Enterprise Computing, Mergers, Acquisitions and Divestitures, Stocks and Bonds

By ANDREW ROSS SORKIN via NYT / Eethg. Corps. Inc. / Terrence Herschel G. Business Day http://nyti.ms/1sIu41c The Truth Hidden by IBM’s Buybacks October 20, 2014 at 4:00AM http://nyti.ms/1tGn7RH The New York Times