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Midday Market Report: 10/26

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    IBM appoints first female CEO

  • Duration 1:42
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Orders for items like TVs and washing machines -- less than expected last.

Still hard durable goods orders fell point 8% led lower by weak demand for planes and cars.

Court reporting lower third quarter numbers but still posting a profit of one point 69 billion dollars -- -- -- tenth straight quarterly profit.

For the nation's second largest automaker now all eyes are on when -- company -- story dividend to shareholders.

-- planned IBM has in new CEO the first female CEO in the company's 100 year history.

Virginia -- -- thirty year veteran of the company will take the CEO reins in January.

IBM is the best performing stock in the -- this year up more than 20%.

Ronnie joined other female tech CEOs like Meg Whitman that Hewlett-Packard.

And Ursula burns and zero us.

And resigned under pressure the tech giant reporting third quarter profits and fourth quarter guidance that both fell short of analyst expectations.

The culprit.

Amazon heavy spending on expansion plans.

And -- associated with -- Kindle fire -- first tablet hit store shelves November 15.

The Consumer Electronics Association says Americans will spends nearly 250.

Bucks on electronics this holiday season.

Including tablets notebooks that would be a record.

-- immunity Fox Business.