Cisco's software bid fuels quarterly results, strong forecast

Source: Dukascopy Bank SA
Cisco Systems topped Wall Street forecasts for quarterly profit and revenue and forecast Q1 sales above targets, as the company's transition to a software-focused firm gained traction.
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Thu, 16 Aug 2018 06:37:36 GMT

Starboard takes 5.8% stake in Symantec Corp

Starboard Value LP, the activist investor, has bought a 5.8% stake in Symantec Corp, seeking to get five seats at the cyber-security firm's board, according to the Wall Street Journal.

Thu, 16 Aug 2018 05:14:26 GMT

US hits China, Russian companies on breach of North Korea sanctions

The US imposed sanctions on Russia's port service agency and China's firms for aiding to ships of North Korea and selling tobacco and alcohol to Pyongyang in a breach of the US sanctions.

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