Cisco revenue forecast disappoints; says to cut 1,100 more jobs Cisco revenue forecast disappoints; says to cut 1,100 more jobs:- Cisco Systems Inc (CSCO.O) forecast current-quarter revenue that widely missed analysts' estimates and said it would cut 1,100 more jobs, as the world's largest networking gear maker steps up efforts […]
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IBM posts first revenue miss in five quarters, shares tumble IBM posts first revenue miss in five quarters, shares tumble:- International Business Machines Corp (IBM.N) reported a bigger-than-expected decline in revenue for the first time in five quarters due to weak demand in its IT services business, a sign that […]
Stocks, dollar recover as markets try to move past Trump policy stumble Stocks, dollar recover as markets try to move past Trump policy stumble:- Asian stocks advanced on Tuesday after Wall Street steadied and the dollar bounced from a four-month-low, as anxiety over Donald Trump's setback on healthcare reform gave way to tentative […]