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Actionable news in IBM: INTERNATIONAL BUSINESS MACHINES CORPORATION,

IBM Stock is the ‘Chart of the Day'

NEW YORK (TheStreet) -- International Business Machines (IBM - Get Report) stock is down by 0.27% to $152.01 in early afternoon trading on Monday.

Last week, IBM announced its acquisition of object-based storage software developer Cleversafe, which it said should advance its positions within the storage and hybrid cloud space and help clients move to next-generation applications.

Based in Armonk, NY, IBM provides information technology products and services worldwide. The company's five business segments are global technology services, global business services, software, systems and technology, and global financing.

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