Mark Zuckerberg, chief executive officer and founder of Facebook Inc., is due to appear before a hearing of the House Financial Services Committee in Washington, DC, USA, on Wednesday, October 23, 2019. Andrew Harrer | Bloomberg | Getty Images Facebook announced on Wednesday that video conferencing apps, headed by Zoom, …
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Cisco Systems Inc. shares recorded their worst one-day drop in nearly a decade Thursday, following the network giant’s decision to circle the wagons in the form of cost cuts, as the company suffers from increasingly selective business expenses during the COVID-19 pandemic. Cisco CSCO, -11.18% shares, which fell as much …
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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 …
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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. …
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US stock futures moved higher in overnight trading and pointed to gains on the open on Wednesday after the S&P 500 closed lower for the first time in eight days. Dow futures rose 70 points. The S&P 500 and Nasdaq-100 futures gained 0.27% and 0.5%, respectively. After the clock on …
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