BUZZ- Cisco rises on upbeat qtr, analysts say demand strong despite tariff impact

** Shares of Cisco Systems Inc up ~5 pct premarket at $46.50, set to snap a four-day losing streak ** Network gear maker tops analysts’ expectation for Q1 revenue and profit, benefiting from demand for its routers and switches along with growth in newer areas of focus such as software ** CSCO tops revenue estimates by its biggest margin in at least two […]

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UK housebuilder, retailer, bank shares sink on Raab resignation

LONDON, Nov 15 (Reuters) – Brexit-sensitive UK stocks and sectors were hit hard on Thursday by the resignation of UK Brexit minister Dominic Raab, a blow to Prime Minister Theresa May as she seeks to secure cabinet and parliamentary support for her draft Brexit deal. Housebuilders, retailers, and domestic banks all sank and the FTSE 250 tumbled 1 percent in early deals, while a slump […]

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Asian stocks higher after Wall Street fall, Brexit approval

A visitor walks in front of private stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Thursday, Nov. 15, 2018. Most Asian stock markets declined Thursday after Wall Street fell for a fifth day and Britain’s Cabinet endorsed a draft agreement to leave the European Union. (AP Photo/Yam G-Jun) Most Asian stock markets gained Thursday after […]

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DIARY-Top Economic Events to Dec 27

Nov 15 (Reuters) – For other diaries, please see: Top Economic Events Emerging Markets Economic Events Government Debt Auctions Political and General News U.S. Federal Reserve Today in Washington —————————————————————————————- This Diary is filed daily. ** Indicates new events —————————————————————————————- THURSDAY, NOVEMBER 15 LJUBLJANA – Bank of Slovenia Deputy Governor Primoz Dolenc speaks at a banking conference at Brdo pri […]

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California's PG&E rocked as wildfire liability concerns rise

The California state Capitol is viewed through the smoke from the Camp Fire, Tuesday, Nov. 13, 2018, in Sacramento, Calif. Smoke from the Camp Fire, which has been burning since last Thursday nearly 90 miles north of Sacramento, has blanketed much of Northern California. The fire has destroyed thousands of homes and killed dozens of people. (AP Photo/Rich Pedroncelli) PG&E's […]

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