Blog
Xerox Corp , best known for its printers and copiers, said it would review its businesses and capital allocation options but was not currently considering a sale of the company. Xerox also reported its first quarterly net loss since the first quarter of 2010, but profit excluding restructuring costs inched past market expectations. The company’s shares fell 2 percent to $10.13 in early trading.
Japan’s Sharp Corp on Monday said it would book an operating loss for April-September rather than a profit due to falling prices for smartphone displays, revealing little sign of a turnaround since a $1.7 billion bank bailout in May. The electronics manufacturer expects to announce an operating loss of 26 billion yen ($215 million) when it reports earnings for the first half of the business year on Friday, instead of
Japan’s Sharp Corp on Monday said it would book an operating loss for April-September rather than a profit due to falling prices for smartphone displays, revealing little sign of a turnaround since a $1.7 billion bank bailout in May. The electronics manufacturer expects to announce an operating loss of 26 billion yen ($215 million) when it reports earnings for the first half of the business year on Friday, instead of
(Reuters) – Former U.S. National Security Agency Director Keith Alexander’s cyber security startup, IronNet Cybersecurity Inc, said on Monday it had raised $32.5 million in a “Series A” funding round led by Trident Capital Cybersecurity. IronNet says its technology detects and mitigates anomalous activity in a company’s cyber infrastructure using advanced behavioral models and analytics. The funding will help accelerate growth and scale the launch of the IronNet product line,
Join Midday Movers live now for the latest news on the markets, the economy and the biggest stories of the day.
Join Midday Movers live now for the latest news on the markets, the economy and the biggest stories of the day.
Ben Bernanke doesn’t miss being chairman of the Federal Reserve, after completing a tumultuous eight-year term last year.
By boosting housing, capital, and confidence.
By boosting housing, capital, and confidence.
Going into this week’s gathering, the central bank wants to keep a possible December hike alive, says Krishna Guha.