Good news came from IBM (IBM +3.06%), after Hurricane Sandy shut down the market for two days. The stock is up for the company, because they recently announced $5 billion in additional buyback authorizations, which is in addition to the $6.7B that has already been authorized. So far, IBM has a good track record of returning capital to shareholders, including 18% growth in dividends over the last five years. Get the full story here, as Fool.com tech and telecom analyst Andrew Tonner explains how and why IBM is a safe, steady compounding machine.
