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The stock price of the company, which helps businesses manage their customers, jumped 11%. Marvell Technology leaped even more after delivering better results than expected, up 23.2%.
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
The reduced expectations for 2025 rate cuts sent Treasury yields rising in the bond market, squeezing the stock market. The yield on the 10-year Treasury rose to 4.51% from 4.40% late Tuesday ...
Affiliated Computer Services, Inc. (ACS) was founded by Darwin Deason and Charles M. Young, both former MTech Communications executives, in 1988. [6] Deason had served as CEO at MTech and decided to launch another data processing firm after a management buyout bid of him and other executives had lost to another bid in 1988.
The combined company, Flatiron Dragados, would be held 61.8% by ACS and 38.2% by Hochtief. [30] [31] That same year, ACS Group reported that it had achieved better than expected results, which was largely attributed to its construction portfolio in the United States and Australia, particularly its toll road interests. [32]
Click here for political news related to business and money policies that will shape tomorrow's stock prices. Read the latest financial and business news from Yahoo Finance Show comments
CNNfn (with "fn" an initialism for "financial network") was an American cable television news network operated by the CNN subsidiary of the media conglomerate Time Warner from December 29, 1995, and of AOL Time Warner until December 15, 2004.
The Dow's losses amount to roughly 3%, or more than 1,500 points, in the past nine trading sessions. The index has fallen from a record close of 45,014 on Dec. 4 to 43,499 as of Tuesday's close.
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