President-Elect Trump to name Exxon CEO as secretary of state: NBC NEWS
WASHINGTON, Dec 10 U.S. President-elect Donald Trump is expected to name the chief executive of Exxon Mobil as the country's top diplomat, NBC News reported Saturday.
Oct 2 Network and storage equipment maker Xyratex Ltd's third-quarter results missed analysts estimates as demand in the enterprise sector fell, and the company forecast a surprise loss for the current quarter.
Shares of the company were down 12 percent in extended trade. They had closed at $8.70 on the Nasdaq on Tuesday.
The company forecast a loss of 15 cents to 43 cents per share for the fourth quarter, on revenue of $235 million to $285 million.
Analysts on average were expecting earnings of 49 cents per share on revenue of $327.9 million, according to Thomson Reuters I/B/E/S.
The company's net income fell to $7.7 million, or 28 cents per share, in the third quarter, from $9.7 million, or 32 cents per share, a year earlier.
Excluding items, the company earned 37 cents per share.
Revenue fell 24 percent to $275.7 million.
Analysts had expected the company to earn 44 cents per share on revenue of $316.3 million.
The company, which sells disk drive products to EMC Corp , Seagate Technology Corp and Western Digital Corp, had said its third-quarter revenue would miss its own forecast.
NEW YORK, Dec 10 U.S. insurer Prudential Financial is investigating whether Wells Fargo employees signed up customers for its life insurance policies without their knowledge, a spokesman said on Saturday.