April 30 (Reuters) - A federal appeals court on Tuesday overturned a judgment requiring IBM (IBM.N), opens new tab to pay rival BMC Software $1.6 billion, after a judge found IBM improperly ...

On request for comment, BMC declined to make a statement on the reversal, "at this time." On appeal, IBM argued the "non-displacement" provision for certain listed customers meant it could not ...

IBM’s repositioning around AI may be paying off for its stock as it nears an all-time high amid its CEO’s ambitious plans for the technology. The company’s shares have skyrocketed 19% since ...