Text size Pau Barrena / AFP via Getty Images Shares of Cisco Systems fell Wednesday after hourly trading after the company posted a weaker-than-expected outlook for the company’s current quarter ending in October. For the fiscal fourth quarter ended July 25, the network giant posted revenue of $ 12.2 billion, …
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General Motors Co. Chief Financial Officer Dhivya Suryadevara will leave the company for online commercial company Stripe Inc., a surprise departure for one of the auto-maker’s fastest-growing stars. GM confirmed Tuesday that Ms Suryadevara has left the company for an unknown opportunity outside the auto industry. Stripe in San Francisco …
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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 …
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Text size Nicholas Asfouri / AFP via Getty Images As Apple approaches a valuation of $ 2 trillion $, analysts continue to ratchet their price targets ahead. Wedbush analyst Dan Ives, who shares one of the more aggressive bulls on Apple (AAPL) shares, on Monday reiterated his Outperform rating and …
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