Cisco Systems Inc.

Dow falls more than 200 points as rising yields spark recession fears

Stocks fell on Thursday as interest rates jumped, with Federal Reserve officials signaling that interest rate hikes to curb inflation are far from over. The Dow Jones Industrial Average fell 245 points, or 0.7%. The S&P 500 slid 1.2%, while the Nasdaq Composite fell 1.4%. James Bullard, Chairman of the St. Louis Federal Reserve said …

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Five9 shares plunge more than 20% after CEO announces resignation

Rowan Trollope, CEO, Five9 Scott Mlyn | CNBC Cloud Software Provider Actions Five9 fell 22% on Monday and fell to its lowest level since March 2020 after CEO Rowan Trollope announcement his resignation. Trollope is leaving to become CEO of a company-backed pre-IPO startup, he said on Twitter. He is replaced by former Five9 CEO …

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Cisco, BJ’s Wholesale, Bed Bath & Beyond, Kohl’s and more

A customer walks down an aisle of a BJ’s Wholesale Club Inc. store in Falls Church, Virginia, USA Bloomberg | Bloomberg | Getty Images Check out the companies making the biggest moves at midday: Cisco Systems — Shares of the networking equipment maker jumped 5.8%. The company declared income after Wednesday’s bell that beat estimates. …

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