Cisco, Take-Two Tell 2 Tales of Earnings Season
Gains for the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) all topped 1%, bouncing back from weakness earlier in the week. The latest financial results from Cisco Systems (NASDAQ: CSCO) and Take-Two Interactive Software (NASDAQ: TTWO) got very different reactions from shareholders, but both showed a combination of positive and negative factors that are affecting businesses across the economy. Shares of Cisco Systems fell almost 4% in after-hours trading late Wednesday.