decline

Cisco stock plunges 17% as company forecasts surprising revenue decline

Cisco stock plunges 17% as company forecasts surprising revenue decline

Cisco shares plunged by as much as 17% in extended trading on Wednesday after the networking company said it generated lower quarterly revenue than analysts predicted and called for an unexpected sales decline in the current period. Here’s how the company did: Earnings: 87 cents per share, adjusted, vs. 86 cents per share as expected …

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NYC could face ‘long-term decline’ of workers returning to offices over crime: advocate

NYC could face ‘long-term decline’ of workers returning to offices over crime: advocate

An advocate for large New York City employers warned Sunday that the Big Apple could see a “long-term decline” of workers commuting to Manhattan’s office buildings if crime isn’t reduced. Under 40% of Manhattan office workers currently go to their desks on an average week day, according to Partnership for New York City, a nonprofit group …

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