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Cisco stock plunges 17% as company forecasts surprising revenue decline
Technology

Cisco stock plunges 17% as company forecasts surprising revenue decline

Cisco shares plunged by as much as 17% in extended trading on Wednesday after the networking company said it generated lower quarterly revenue than analysts predicted and called for an unexpected sales decline in the current period. Here’s how the company did: Earnings: 87 cents per share, adjusted, vs. 86 cents per share as expected […]

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Stocks making the biggest moves in the premarket: PG&E, Hewlett Packard Enterprise, CarMax and more
Finance

Stocks making the biggest moves in the premarket: PG&E, Hewlett Packard Enterprise, CarMax and more

Take a look at some of the biggest movers in the premarket: PG&E (PCG) – The California utility’s shares jumped 2.3% in the premarket after it reached legal settlements over two fires in Northern California. PG&E will pay $55 million and will not face any criminal prosecution over those fires. Hewlett Packard Enterprise (HPE) – […]

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These are JPMorgan’s top stock picks for April
Business

These are JPMorgan’s top stock picks for April

A background-screening company and three other names were added to analysts’ monthly top stock picks. Source

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