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Updated: 8 min 41 sec ago

Cisco Systems Shares Rise As Results Top Forecasts

Wed, 11/12/2014 - 5:21pm
Cisco Systems Inc. on Wednesday reported a fiscal first-quarter profit of 35 cents a share, on revenue of $12.2 billion, compared with earnings of 37 cents a share on $12.1 billion in sales a year ago.
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J.C. Penney Reports Smaller Loss as Margins Improve

Wed, 11/12/2014 - 5:20pm
J.C. Penney reported a smaller quarterly loss as a 12% drop in operating expenses boosted margins. Revenue fell slightly to $2.76 billion.
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Cisco Systems' 1Q net income and revenue forecast top estimates; CFO steps down

Wed, 11/12/2014 - 5:19pm
Cisco Systems Inc. posted stronger-than-expected first-quarter results on Wednesday.
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NetApp Shares Slide After Weak Earnings Outlook

Wed, 11/12/2014 - 5:17pm
NetApp Inc. shares declined in the extended session Wednesday after the data-storage tech company forecast a weak outlook for the fiscal third quarter.
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Cisco Posts Fiscal 1Q Beat, CFO to Step Down

Wed, 11/12/2014 - 5:12pm
Cisco unveiled fiscal 1Q adjusted earnings per share of 54 cents, topping views by two cents. The company also announced its CFO would step down Jan. 1.
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Appeals court removes Obamacare case from scheduled hearing because of Supreme Court case

Wed, 11/12/2014 - 4:17pm
A federal appeals court is delaying plans to handle a challenge to the Obama administration's health care law because the Supreme Court is stepping into a separate case covering the same legal ground.
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Transportation official: Grid must handle natural disasters

Wed, 11/12/2014 - 4:17pm
The nation's transportation grid must be built to withstand a new normal of more serious natural disasters and it won't be cheap or easy, a top official of the U.S. Transportation Department warned Wednesday.
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Advocates call on Cuomo to push for minimum wage hike in lame-duck legislative session

Wed, 11/12/2014 - 4:17pm
Supporters of a higher minimum wage are hoping lawmakers and Democratic Gov. Andrew Cuomo tackle the issue in a lame-duck legislative session before Republicans take control of the state's Senate in January.
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NC gets waiver to avoid more federal unemployment insurance taxes for employers due to debt

Wed, 11/12/2014 - 4:17pm
North Carolina businesses won't have to pay even higher unemployment insurance taxes beyond what's required while the state still owes the federal government money to pay jobless benefits during the Great Recession.
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Vice President Joe Biden calls for US infrastructure improvements, especially at ports

Wed, 11/12/2014 - 4:03pm
Vice President Joe Biden on Wednesday renewed his call for improvements to the nation's infrastructure, particularly at ports, saying failure to make upgrades will mean missed opportunities for economic growth.
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Financial condition of Oklahoma pension systems improves; unfunded liability now $9.6 billion

Wed, 11/12/2014 - 4:03pm
Oklahoma's public retirement systems are financially stronger than they were just four years ago and their unfunded liability has declined by $6.5 billion, pension system managers told members of a state House panel Wednesday.
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Wheat, corn, and oats higher, soybeans lower on the CBOT; beef and pork higher on the CME.

Wed, 11/12/2014 - 4:03pm
Grain futures were mostly higher Wednesday on the Chicago Board of Trade.
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Political tit-for-tat: House schedules vote on Keystone after Landrieu calls for Senate vote

Wed, 11/12/2014 - 3:32pm
Call it a high-stakes political poker game.
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US judge: don't expect ruling in flood board suit over coastal damage before arguments Dec. 10

Wed, 11/12/2014 - 3:19pm
Lawyers for dozens of oil, gas and pipeline companies asked a federal judge Wednesday to toss out a Louisiana flood board's lawsuit against them over damage drilling and dredging has done to Louisiana's fragile coast.
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Congressional conservatives push showdown over Obama's executive action plans on immigration

Wed, 11/12/2014 - 3:19pm
Some conservative Republicans on Capitol Hill are spoiling for a fight with President Barack Obama over his plans to act unilaterally to protect millions of immigrants living here illegally from deportation.
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National average price of gas to average under $3 for 2015, 13 percent drop from 2014

Wed, 11/12/2014 - 3:02pm
The Energy Department now predicts the average price of gasoline will be below $3 a gallon in 2015.
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Mobile Makes a Big Move on Holiday Shopping

Wed, 11/12/2014 - 2:56pm
Mobile devices have already taken over much of consumers’ lives. Now they’re making a move on the holiday shopping season.
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Medical marijuana investors offer $1M to Effingham schools, contingent on zoning, state permit

Wed, 11/12/2014 - 2:46pm
Investors in a potential medical marijuana-growing operation are trying to persuade a city council in south-central Illinois to reconsider their zoning request, and they're offering money to local schools to show they're serious about helping the community.
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SEC Charges India-based Investors For Social Media Scheme

Wed, 11/12/2014 - 2:42pm
Two investors based in India are being charged by the Securities and Exchange Commission for a high-yield investment scheme where investors were exploited through social media.
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The Richard Stockton College buying former Showboat casino for use as satellite campus

Wed, 11/12/2014 - 2:24pm
A former Atlantic City Boardwalk casino will find new life as a satellite campus for a southern New Jersey college.
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