IBM Weighs on Markets, Hasbro Shares Pop in Monday's Midday Trading

Stocks are mostly higher with the S&P 500 and Nasdaq trading in the green. IBM is weighing on the blue chips. IBM (IBM) is being punished after posting severely disappointing quarterly results for the third quarter. The company also cut its earnings forecast for 2015. An earnings win however is pushing Hasbro (HAS) stock higher. The toymaker reported Q3 earnings jumped 43-percent and also posted strong international sales. Yahoo! (YHOO) is slightly higher ahead of reporting earnings Tuesday. The company's CEO is also expected to lay out a revised turnaround plan.