Cisco posts loss on $11.1 billion tax-related charge

By reuters.news
2018.02.14. 22:19
8
(Vote: 0)

(Reuters) - Network gear maker Cisco Systems Inc posted a net loss on Wednesday due to an $11.1 billion charge related to recent changes to the U.S. tax law.



reuters.news - Cisco posts loss on $11.1 billion tax-related charge
Related news
  • Dans les 2 dernières heures
  • February 23, 2018 8:43 AMSINGAPORE - Clinic operator Healthway Medical Corporation (HMC) posted on Friday (Feb 23) a fourth-quarter net loss of S$28.8 million, narrowing its loss by 35.6 per cent from a loss of S$44.8 million in the previous year.
    'Grey's Anatomy' blamed for 'false expectations' of medical care 
    Latest News
    CNBCKylie Jenner just wiped $1.7 billion off Snap's market cap, and the worst isn't over for the stockCNBCShares of Snap are on track for their worst week since November 2017, plunging as much as 8 percent on Thursday after reality TV star Kylie Jenner tweeted that she no longer uses
    Snapchat stock loses $1.3 billion after Kylie Jenner tweet Snapchat’s Value Drops $1.3 Billion After 1 Kylie Jenner Tweet Tech boss of Snapchat, 27, earned £450million last year 
    Author: REBECCA SPONG | SPECIAL TO ARAB NEWSThu, 2018-02-22 19:57ID: 1519310079658209800LONDON: Barclays’ 2017 results have revealed the impact of litigation costs on the company’s full-year profits as the lender faces charges from the UK’s Serious Fraud Office (SFO) over a loan to Qatar a decade ago.The group spent £1.2 billion ($1.7 billion)
    Qatar just unveiled the first A350-1000 Haiti suspends Oxfam amid sex scandal probe HP Inc results beat estimates, raises 2018 profit forecast 
    WASHINGTON (Reuters) - United Technologies Aerospace Systems, a subsidiary of United Technologies Corp, has been awarded a maximum $2.5 billion contract for aviation-related spare parts and related services, the Pentagon said on Wednesday.
    McMaster could be next out at White House United Technologies and Chesapeake Energy rise; Roku... Pentagon: Mattis to advise Trump on transgender troops this week - The Hill 
    February 22, 2018 5:00 AMSEOUL • General Motors (GM) has proposed an investment of US$2.8 billion (S$3.7 billion) into its loss-making South Korean operations over the next 10 years, and has asked Seoul to provide its share of the funds, a South Korean government official said yesterday.
    S.Korea to quickly conduct due diligence on GM's... First Person: How Pyeongchang might feel to a North Korean Israeli intelligence unit claims responsibility for foiling ISIS plot 
    Feb 21 (Reuters) - Dish Network Corp's fourth-quarter profit surged due to a roughly $1.2 billion benefit related to U.S. tax law reforms, the U.S....
    HP Inc results beat estimates, raises 2018 profit forecast Fresh Qantas buyback after 18% profit lift Dish says Sling TV has 2.2 million subscribers 
    Feb 21 (Reuters) - Dish Network Corp reported a jump in fourth-quarter profit on Wednesday due to a benefit of about $1.2 billion related to changes in...
    HP Inc results beat estimates, raises 2018 profit forecast Sheng Siong posts 9.3% rise in Q4 gains Fresh Qantas buyback after 18% profit lift 

    Create Account



    Log In Your Account