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Applied Materials 3Q Earnings Beat Estimates

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  • Description

    FBN’s Robert Gray breaks down Applied Materials’ third quarter earnings results.

  • Duration 0:56
  • Date

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I'm Robert -- with your Fox Business street shares of Cisco Systems jumping in extended trading after the company's fourth quarter earnings and revenue beat estimates.

The company reported profit rose 15% to two and a half.

-- bucks for revenue was up 4%.

Cisco also boosted its quarterly dividend by 75%.

Up to fourteen cents per share.

Meanwhile -- material shares are falling after hours on a weak fiscal fourth quarter outlook that follows third quarter results that we're better than expected.

And a trustee liquidating MF global has agreed to join -- of lawsuits filed by that firm's former customers.

The Wall Street Journal reports James -- is making the move in an effort to pursue claims more efficiently.

There's former customers have brought cases against former MF global officials including CEO Jon Corzine.

That is the latest from Fox Business giving -- the power to prosper.

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