BA cancels flights from London's Heathrow, Gatwick after IT outage
LONDON, May 27 British Airways said it had cancelled all flights from London's Heathrow and Gatwick airports scheduled before 1700 GMT on Saturday due to a global computer outage.
Network automation company Infoblox Inc BLOX.N forecast full-year earnings below analysts' estimates, sending its shares down 13 percent in extended trading.
The stock was trading at $20.40 after market. It closed at $23.39 on Thursday on the New York Stock Exchange.
The company, which counts Adobe Systems Inc (ADBE.O), Best Buy Co Inc (BBY.N), Boeing Co (BA.N) and Caterpillar Inc (CAT.N) among its customers, forecast 2013 earnings of between 4 cents and 7 cents, on revenue of $195 to $202 million.
Analysts on average were expecting earnings of 11 cents per share, on revenue of $194.8 million, according to Thomson Reuters I/B/E/S.
Infoblox is spending more on sales and marketing, hurting its earnings forecast, Wedbush Securities Inc analyst Sanjit Singh said.
Though the revenue outlook is above estimates, it is probably not good enough for a company that recently went public, he said.
Infoblox, which went public in April, reported better-than-expected fourth-quarter revenue.
(Reporting By Garima Goel in Bangalore; Editing by Maju Samuel)
LONDON, May 27 British Airways flights in Britain were being delayed and passengers were suffering long waits at airports on Saturday because of a global system outage, the airline said.
May 26 Hackers used malware to steal customer payment data from most of Chipotle Mexican Grill Inc's restaurants over a span of three weeks, the company said on Friday, adding to woes at the chain whose sales had just started recovering from a string of food safety lapses in 2015.