Tag Archives: Corporate / Industrial News

Cisco stock market slips over weak October guidance

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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Shares run despite inflation news, Stimulus fear

Text size Getty Images U.S. equities stand despite the lack of progress in efforts to negotiate another stimulus package and further data showing strengthening inflation. Shortly after the open, the Dow Jones Industrial Average averaged 263 points, or 1%, up 27,950. The S&P 500 also advanced 1%, while the Nasdaq …

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