F5 forecasts quarterly results above estimates, shares jump

The F5 San Jose Office.Courtesy: F5Cybersecurity and cloud services company F5 forecast fourth-quarter revenue and profit above Wall Street estimates on Monday, expecting resilient spending by businesses and sending its shares more than 13% higher in extended trading.Companies are increasingly digitizing their operations and trying to cash in on...

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Executives address value and prices

McDonald's fast food restaurant in Manhattan, New York, United States of America, on July 6th, 2024. Beata Zawrzel | Nurphoto | Getty ImagesAfter a challenging second quarter, McDonald's executives told restaurant operators and analysts they are refocusing on how to recapture consumers with deals, as they pushed for an extension...

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Executives say prices are too high

A McDonald's Big Mac meal.Lauren Decicca | Getty ImagesMcDonald's executives acknowledged Monday that diners consider the company's prices too high as lower-income consumers balk after years of high inflation.During the company's second-quarter earnings call Monday, executives said that they are taking a "forensic approach" to evaluating prices and trying...

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