Day: August 12, 2020

Lyft, Cisco, Vroom & more

spike 5 months ago

Cisco logo exhibited during the Mobile World Congress, on February 28, 2019 in Barcelona, Spain.

NurPhoto | Getty Images

Check out the companies making headlines after the bell: 

Cisco Systems — Cisco shares fell more than 6% in after-hours trading despite reporting fiscal fourth-quarter profit and revenues that topped analysts’ expectations. The results, though better than what analysts polled by Refinitiv had anticipated, marked the first annual sales decline in three years. Investors may have positioned to sell the Dow component after Cisco said that it sees first-quarter revenues down 9% to 11% and associated per-share earnings between 41

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Broadway musical ‘Diana’ to bypass closed stage for Netflix

spike 5 months ago

(L-R) Roe Hartrampf, Judy Kaye, Jeanna de Waal and Erin Davie pose at a Meet & Greet for the new cast and creative team of the new musical “Diana” on Broadway at The Lotte New York Palace on January 30, 2020 in New York City.

Bruce Glikas | WireImage | Getty Images

The Broadway musical “Diana” isn’t waiting for theaters to reopen in New York to offer its show to a live audience — it’s going to Netflix.

In an unconventional step, the cast and crew will reunite in an empty theater to perform the musical for cameras and put

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Sedgwick appoints new CEO amid leadership promotions

spike 5 months ago

Sedgwick, a global provider of outsourced claims administration and risk management services to corporations, insurance companies and public entities, has announced a series of executive promotions, including the appointment of Mike Arbour (pictured) as the company’s new CEO.

Arbour, who most recently served as group president of global operations for Sedgwick, becomes the third ever chief executive in Sedgwick’s history. He takes the reins from Dave North (pictured directly below), who has led the company’s growth from US$50 million to over US$3.5 billion as chairman, president and CEO for more than 25 years. Moving forward, North will continue to be

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Revealed: Latest developments in China’s healthcare industry

spike 5 months ago

South China Morning Post (SCMP) has released its China Healthcare Report 2020, which features the latest innovations and trends expected to impact the global market, as well as reforms that will reshape the country’s domestic healthcare market.

SCMP’s China Healthcare Report 2020 revealed that the latest developments include massive investments in research and development (R&D) and innovation, a focus on health technology, the rapid growth of the biopharmaceutical industry, dominance in Active Pharmaceutical Ingredients global exports, and global manufacturing tech giants tapping into medical devices and equipment.

“The world is facing an acute healthcare challenge when people are living much

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