International Business Machines Corp.’s shares were off more than 4% Wednesday after the company posted a third consecutive quarter of declining revenue, raising concerns about its turnaround and its ability to compete in the crowded cloud market. In its latest quarter, growth was flat or declined in all of IBM’s main reported lines of business, including cloud services and information-technology-support services. Net income fell 5.2% to $1.59 billion.

Source: Wall Street Journal April 17, 2019 18:45 UTC