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Two Wall Street analysts said International Business Machines Corp. could be on the verge of sweeping new changes involving fresh job losses and even a dividend cut. ”We expect sweeping changes at IBM to be announced shortly, and we believe that if possible, IBM will introduce changes in equity ownership,” Merrill Lynch & Co. analyst Dan Mandresh told investment clients in a report. Salomon Bros. analyst John Jones said he expects IBM to announce another round of job cuts next week. Jones also said there is a 50 percent chance that Armonk, N.Y.-based IBM will cut its $4.84-a-share annual dividend, which yields a rich 7.35 percent. An IBM spokesman declined to comment.
