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$CSCO reported improved earnings in 4Q16, helped by higher operating income compared to 4Q15. Net income was $2.8Bil or $0.56 per diluted share compared to $2.32Bil or $0.45 per diluted share last year. Revenue fell 2% from last year to $12.6Bil in 4Q16. Non-GAAP basis net income was $3.2Bil or $0.63 per diluted share.
Vine, the unique app from $TWTR is no more! Perfect example for mass products that don't make money!
$CVX posts first profit in a year. Right time to get some shares? My question is, will it sustain this turnaround?
Jeff Bezos, my inspiration next to Steve Jobs is going to review the Everything Store $AMZN's financial results today after hours. As an investor/user, I like Amazon Prime and it's success over several parts of the world. What's your take on Amazon?
Of all the Wall St firms out there, Goldman Sachs $GS is the most revered for the way they're run - hiring the best, highly competitive, a closely-knit peer group and making tons of profits for the shareholders. An interesting interview of its CEO Llyod Blankfein by Carlyle groups chief David Rubenstein