IBM predicts 24% sales growth in 2020, and they're off to a pretty strong start with that. Software revenue is up 3%, consulting revenue up 3%, and infrastructure revenue down 4%. But what really caught my attention is that redhead is up 8% or 11% in the constant currency. If you look at the other software revenues in this 5.9 billion, it's all flat effectively. It's just a flat business, I would say. And that's really interesting, but we saw double digit numbers in the past from redhead and that's not what I'm seeing now anymore since last time he watched.
In this episode, we discuss dividend hikes and cuts from Johnson & Johnson ($JNJ), Costco ($COST), Sonoco ($SON) and Blackstone ($BX)
We also discuss the recent earnings results from
1. Johnson & Johnson
2. ASML
3. Blackstone
4. Snap on
and European DGIs favourite IBM
We check out the portfolio of a fellow Facebook member before answering questions from the community.