Cisco's Explanations for Its Soft Guidance Only Go So Far

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Cisco's Explanations for Its Soft Guidance Only Go So Far

Following Wednesday afternoon's quarterly earnings release, shares of Cisco Systems (CSCO) were down about 5% after hours due to the soft July quarter (fiscal fourth quarter) guidance the company provided with its April quarter beat.
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Second US buyout firm bids for Australia's Fairfax Media

… * Hellman & Friedman offers $2.14 bln, vs $2.06 bln from TPG * Bids come as Australia govt weighs foreign ownership rules * Fairfax a casualty of the flight to online media (Recasts with second bid, adds shareholder comment, background) By Byron …
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Dow falls 370 points; Bonds rally on Trump turmoil

Specialist Dilip Patel worked at his post on the floor of the New York Stock Exchange today. Financial companies led stocks sharply lower in early trading as investors fretted over the potential fallout roiling the Trump administration.
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EON to Sell Uniper Stake

EON SE, Germany's biggest renewables generator, plans to sell its remaining minority stake in its legacy fossil fuel and trading business as soon as.
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This East Coast cult favorite just beat In-N-Out as America's favorite burger chain – here's what it's like

Five Guys, the East Coast-based burger chain famous for its simplicity and myriad toppings, claimed the top spot in the latest annual “Harris Poll EquiTrend” survey.
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