Forced down Energy Company shares in the s p 500. They fell 2. 4 today. 5. 4 so far this week. Fed chatter didnt help. Evans, dudley, lacquer, yellen, they all spoke. None broke new ground, but none quelled worries that Interest Rates may rise at the Central Banks next policy meeting in december. More on that in a moment. Meantime, the Dow Jones Industrial average fell 254 points to 17,448. Nasdaq declined 61. The s p 500 off 29 and is now negative for the year. Dow component cisco issues a disappointing outlook despite reporting a rise in profit. The Network Equipment maker earned 59 cents a share, 3 cents better than estimates. Revenues were also better than expected, coming in at more than 12 billion, an increase of 3. 5 from last year. But projected revenue and Earnings Growth were below estimates, and that initially pressured the stock in afterhours trading. Jon fortt has the key takeaway from ciscos results. Reporter one takeaway from ciscos earnings is that the guidance is what
In oil and gas prices that forced down Energy Company shares in the s p 500. They fell 2. 4 today. 5. 4 so far this week. Fed chatter didnt help. Evans, dudley, lacquer, yellen, they all spoke. None broke new ground, but none quelled worries that Interest Rates may rise at the Central Banks next policy meeting in december. More on that in a moment. Meantime, the Dow Jones Industrial average fell 254 points to 17,448. Nasdaq declined 61. The s p 500 off 29 and is now negative for the year. Dow component cisco issues a disappointing outlook despite reporting a rise in profit. The Network Equipment maker earned 59 cents a share, 3 cents better than estimates. Revenues were also better than expected, coming in at more than 12 billion, an increase of 3. 5 from last year. But projected revenue and Earnings Growth were below estimates, and that initially pressured the stock in afterhours trading. Jon fortt has the key takeaway from ciscos results. Reporter one takeaway from ciscos earnings is
In oil and gas prices that forced down Energy Company shares in the s p 500. They fell 2. 4 today. 5. 4 so far this week. Fed chatter didnt help. Evans, dudley, lacquer, yellen, they all spoke. None broke new ground, but none quelled worries that Interest Rates may rise at the Central Banks next policy meeting in december. More on that in a moment. Meantime, the Dow Jones Industrial average fell 254 points to 17,448. Nasdaq declined 61. The s p 500 off 29 and is now negative for the year. Dow component cisco issues a disappointing outlook despite reporting a rise in profit. The Network Equipment maker earned 59 cents a share, 3 cents better than estimates. Revenues were also better than expected, coming in at more than 12 billion, an increase of 3. 5 from last year. But projected revenue and Earnings Growth were below estimates, and that initially pressured the stock in afterhours trading. Jon fortt has the key takeaway from ciscos results. Reporter one takeaway from ciscos earnings is
The deal is worth 43 billion. Sources say that kevin china rising 4 . There are over 2400 journalists and the bureaus all over the world. Is closing for lunch. Singapore,icture tokyo, mumbai. Slash and burn at yahoo cutting jobs, winding down legacy products, and addressing Strategic Alternatives, but what does that mean . And we hear from oracle ceo mark hurd of what it takes to be a leader and what it takes to keep competitors at bay. We check out how mega cabs compare with the Biggest Companies over time mega caps compare with the Biggest Companies over time. But first, to our league yahoo exploring alternatives for the core business. Is that the company putting the for sale sign on the door . For the time being Marissa Mayer is cutting costs and exploring a spinoff of the web business rather than sell now because they feel it is kinder late it is currently undervalued. The search revenue is up 12 . But here is what chairman maynard webb added in a news release the board also believ
S p 500. Specifically all major averages seeing the high. If you look at the s p over the course of the day, you have seen rather than the more dramatic volatility that we have seen lately, yesterday, for example we bounced between gains and losses, well bring much hung on to gains for the entire day. And built upon those gains. Groups who at the are on the move. We have technology that has been leading gains throughout the day. Helped in part by microsoft earnings and also the general bounceback in large technology, which has been suffering this year. Its a more broadbased rally, all of the groups in the s p 500 are higher. Consumer discretionary is the lag, amazon is in that index, not in the technology one. That accounts for the relative underperformance. Industrial at number two. We been talking a lot about tech today. Lets switch to industrial. Honeywell without with earnings this morning, the Company Matching estimates. Unlike boeing, we heard from the other day, Aerospace Sales