IBM (NYSE:IBM) posted operating diluted earnings of $3.99 per share, beating analyst expectations. Total revenues, however came in at $23.7 billion, down 4 percent from the third-quarter of 2012, and missing expectations.
Shares of IBM are now lower by 6.3%.
eBay (EBAY) reported that revenue for the third quarter increased 14% to $3.9 billion, compared to the same period of 2012. The company reported non-GAAP net income of $837 million, or $0.64 per diluted share.
Shares of eBay are trading lower this morning by 4.2%.
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