IBM Misses Sales Forecast by $1 Billion

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Oct. 17 (Bloomberg) -- On today's "The Agenda," Tom Keene, Sara Eisen and Scarlet Fu look at breaking news stories on Bloomberg Television's "Bloomberg Surveillance." (Source: Bloomberg)


It is like a credit card.

You max out the credit card and do not say i want to extend the limit.

You deal with the problem, which is overspending.

Said left him in conference committee.

The latest on capitol hill.

Back to you in the studio.

Time now for the agenda where we look at the major stories shaping the day.

This is an economic story, global economic story.

Ibm misses their target.

Troubled third quarter.

Shares down.

The long-term chart is a little more glowing.

Living off 15 years of good for performance.

Forget about big blue.

Big meteor rock ritzy right now.

This is one that i would watch.

Investors punishing ibm.

One of two down members -- dow members to decline.

My story is goldman sachs.

Shares trading lower it has even though they increased the dividend and cut expenses a lot more than analysts anticipating, the fixed income revenue dropped to almost 50% and the second quarter.

A big mess there.

They blame mortgage and interest rate products, as well as lloyd blankfein says this quarter's results reflect a time of slow client activity.

Watching the banks, ibm, and washington.

My agenda item, the debt is not over.

Key dates to keep in mind because of the new deal.

December 13, the target for budget -- budget negotiations.

The member -- government funding in place until january 15. then the debt limit is suspended or raised.

We have crammed in four hours of news today.

Thank you so much for coming on.

This text has been automatically generated. It may not be 100% accurate.


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