Shares of Cisco fell 13.7% on Thursday after the company reported mixed earnings results and projected an unexpected sales decline in the current quarter. Cisco said Wednesday it expects fourth-quarter revenue to decline by 1% to 5.5% year-over-year, while analysts had been looking for revenue growth of roughly 6%. Cisco […]
Decline
It was to be a hugely ambitious project on the frigid Gulf of Ob, in Russia’s Far North, a steppingstone in Moscow’s rising ambitions to be a power in liquefied natural gas much as it is in oil and gas delivered by pipeline. When President Vladimir V. Putin of Russia […]
Text size A trader at the New York Stock Exchange on Dec. 20. Spencer Platt/Getty Images When in doubt, get out. The old saw expresses a view that investors should stay on the sidelines if they have doubts about what is going on in the stock market. The axiom is […]