IBM Extends IT Contract with Discover

December 24th, 2009 by Davinder Leave a reply »

IBM Corp. (NYSE: IBM) said Wednesday it has extended its information technology services contract with Discover Financial Services (NYSE: DFS) through 2015.

As part of the agreement, IBM said that it will continue supporting operations, customer service and compliance for the credit card issuer.

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Shares of IBM slipped 10 cents to $129.83, while Discover shares gained 7 cents to $14.71 in midday trading.

Source : http://www.transworldnews.com/NewsStory.aspx?id=151468&cat=1

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