CHICAGO - MAY 10: An IBM sign stands outside an IBM building May 10, 2005 in downtown Chicago, ... [+] Illinois. IBM has recently announced job cuts in its European operation of 10,000 to 13,000 workers, mainly in Britain, France, Germany and Italy. (Photo by Tim Boyle/Getty Images)Getty ImagesIBM Inc. scheduled to report earnings after Wednesday’s close. The stock just hit a record high near $237/share and is currently trading near that level. The stock is prone to big moves after reporting earnings and ca ...