Cisco Systems Inc. will expect to benefit from technical expenditures of large companies despite the COVID-19 pandemic, but the struggle of smaller companies could take its toll. Cisco CSCO, -1.13% is scheduled to report fourth-quarter fiscal revenue on Wednesday afternoon, always a crucial barometer for IT spending, which turned out …
Read More »Hot rookies and not-so-hot pot companies are jumping on the slow income parade
Corporate profits have so far surpassed low expectations so far this winning season, but there are still a lot of wild cards left in the deck. Consensus S&P 500 SPX, + 0.06% income taxes rose only 3% for the third quarter and are not budgeted at all in the fourth …
Read More »Apple Acquires Device Management Company Fleetsmith
Apple CEO Tim Cook delivers the opening address during the Apple 2020 World Developers Conference (WWDC) at the Steve Jobs Theater in Cupertino, California on June 22, 2020. Brooks Kraft | Apple Inc. via Reuters Apple has bought Fleetsmith, a company that makes tools that make it easier for companies …
Read More »