Chuck Robbins, Chief Executive Officer of Cisco Technologies Inc., paused during a panel session on day two of the World Economic Forum in Davos, Switzerland, on January 22, 2020. Jason Alden | Bloomberg | Getty Images Cisco shares fell about 6% in extended trading on Wednesday after the maker of …
Read More »Split Apple to end Dominion of Dow Average’s largest stock
(Bloomberg) – The planned stock split from Apple Inc. will reduce its impact on the Dow Jones industrial average after the iPhone maker’s 100% rise since March has nearly dragged the price-weighted measure back to a halt. At its current price of $ 452 per share, Apple has the largest …
Read More »Cisco shares double 6% on revenue spoon, revenue decline; CFO to retire
Cisco Systems Inc. reported financial results that were largely in line with the Wall Street estimate, but another revenue decline and accompanying soft income battled the stock in trading after hours Wednesday. The company also announced the retirement of longtime Chief Financial Officer Kelly Kramer, once a successor is found. …
Read More »Singer-actor Trini Lopez dies of coronavirus; Restart drama ‘Fresh Prince’; more: Buzz
Trini Lopez dies of coronavirus Singer-actor Trini Lopez has died of coronavirus at the age of 83, Billboard reports. His songwriting and business partner Joe Chavira announced that Lopez died Tuesday of complications from Covid-19 at a Palm Springs hospital. The ‘If I Had A Hammer’ and ‘Lemon Tree’ singer …
Read More »REI looks to sell brand new HQ in Seattle area as pandemic forces retailer to rethink remotely
A view of the new REI headquarters complex in Bellevue, Wash. (Image by Wright Runstad & Company / Spring District) REI was set to relocate more than 1,000 employees in a gleaming headquarters complex built on an 8-acre site surrounded by parks and desert just east of Seattle in Bellevue, …
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