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Kuwait continues oil spill examinations

Aug. 16 (UPI) — Kuwait’s government said Iran has verified there were no reports of oil spilled from its tanker or pipelines following reports of Persian Gulf sheen. Kuwait reported an oil spill of its southern coast during the weekend. Reports of sheen and oil-stained beaches were near where Kuwait …

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Cisco's Q4 marred by losses despite revenue beat

Cisco reported in-line fourth quarter financial results Wednesday despite significant segment losses and a weak revenue outlook for the current quarter. The networking giant delivered a net income of $2.4 billion, or 48 cents per share. Non-GAAP earnings were 61 cents per share on revenue of $12.1 billion, down 4 …

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