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Phil Renwick | March 20, 2012
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IBM Expands In Africa

The computer giant International Business Machines (IBM stock price) is strengthening its presence in Africa through the expansion of its current offices in Mauritius, located southeast of the continent said, off the Indian ocean.

IBM leverages its ability to provide business solutions to customers in the region, which enjoys a very efficient economy powered by a growth rate of the largest in Africa.

The technology company, whose stock price (IBM) is currently trading near its annual summit of 205 USD, particularly benefits from the strong demand from the textile, banking, tourism, telecommunications and information technology.

International Business Machines (IBM) is active in Africa for over 60 years, and now has a physical presence in over 20 African countries
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Phil Renwick | February 19, 2012
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IBM Gets A Buy Recommendation

The firm Stern Agee begins coverage of the title Fellow of International Business Machines (IBM) with a buy recommendation supported a target of 230 USD, implying a potential yield of 19% over current of about 193 USD.

Such a target of 230 USD is based on a multiple price / earnings ratio of only 13.5 times earnings per share of 17.00 USD expected for fiscal 2013. The analyst Shaw Wu of Stern Agee also expressed the view that the goal of IBM to deliver earnings per share of $ 20.00 in 2015 remains in the realm of possibility.

Last November, the well-known investor Warren Buffett announced it had acquired 5.5% of the shares of computer giant has accumulated its position since March 2011. This online portfolio is equivalent to 64 million shares, and is a total investment of 10.7 billion USD, according to a unit price of about $ 170 share.

At the end of October 2011, International Business Machines (IBM) had announced an increase in its share buyback program for cancellation, mentioning provide a new authorization request to the Board to this effect in April 2012. Indeed, Warren Buffett said to appreciate the fact that the company as much money back to shareholders.

The market capitalization of software giant now stands at nearly 224 billion USD. The share price has traded in a range between $ 151.71 and $ 194.90 US US in the last year
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Phil Renwick | February 19, 2012
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Zynga Rise In Stock Price Since IPO Offering

Last August, The New York Post quoted two sources familiar with the case which the game publisher Zynga wanted to delay its IPO. But, Reuters and Business Insider reported that the date would be between 17 and 24 November and they were correct.

Last May, Business Insider reported that Zynga could already opt for a quick introduction on the stock market, so to benefit from increased demand for shares of LinkedIn and Yandex. Meanwhile, Bloomberg noted that a proportion of less than 10% of the Zynga stock could be offered at the initial public offering. The popular game publisher therefore provide only a small percentage of its ownership to investors, thus offering the advantage of retaining control over his destiny, while creating a scarcity effect sufficient to blow its stock price.

Of through this highly anticipated IPO, leaders Zynga seeking funding of between 1.5 billion to 2 billion USD, for a value estimated at 15 to 20 billion USD.

However, a number of risks on the profitability of the company. Thus, a deterioration of business relationships with Facebook could generate significant revenue loss. In addition, a small percentage of players account for the majority of group revenue. Bloomberg points to a low percentage of active players (1%) were responsible for the majority of group revenue, a significant proportion of anywhere between 25% to 50%
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