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IBM Slips Before the Bell

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(IBM) - Get International Business Machines Corporation Report

was down 1% to $101.90 in premarket Instinet trading.

The Wall Street Journal

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reported Tuesday that the company will start offering investors more details about income that was previously recorded as offsets to expenses.

IBM said its past practices had been correct, but the company will release additional information in an effort to prevent its stock price and reputation from being dragged down by the spreading accounting fears on Wall Street.

On Friday, IBM lost $5 to close at $102.89 because of bookkeeping concerns.