CIO predictions

IDC shares top 2019 predictions for CIOs: agility, connectivity and an eye on results

Analyst house IDC forecasts big changes for the role of chief information officer as their organizations’ own needs and strategies evolve. Hopsital CIOs, and those in other industries, are “racing to reinvent themselves as the pace of digital transformation becomes exponential,” according to the report, IDC FutureScape: Worldwide CIO Agenda 2019 Predictions. WHY IT MATTERS […]

Nordstrom q2 2018 earnings beat expectations

Nordstrom shares on track for worst week since 2008

Nordstrom shares plunged Friday morning after the department store chain reported disappointing quarterly earnings Thursday evening that showed slowing growth in foot traffic at its namesake stores. The stock was last down more than 12 percent in morning trading on the news, putting it on track for ts work week since 2008 and its worst […]

Shoaib Malik Shares Heart-Warming Photo Of Son Izhaan And Wife Sania Mirza

Shoaib Malik on Thursday took to Twitter to upload an adorable photo of son Izhaan along with Sania Mirza and family on his wife’s 32nd birthday. He captioned the photo, “Celebrations! My son turns 16 days old on the same day my wife turned 16 years young, and my mother in law too. Life set […]

A customer pushes a shopping cart inside a J.C. Penney Co. store in Peoria, Illinois.

JC Penney shares dive as sales fall short despite narrower loss

J.C. Penney on Thursday reported quarterly revenue that fell short of analysts’ expectations, sending shares down more than 10 percent in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Losses per share: 52 cents, adjusted, vs. 56 cents expected Revenue: $2.65 […]

Steve Ballmer

Ballmer says a big change in Windows would lead him to sell shares

Steve Ballmer, the former CEO of Microsoft and one its top stockholders, said this week that he’d be unloading his shares if the company tried to move away from its Windows franchise. Microsoft split up its Windows group earlier this year, putting some of the business into the unit that develops the Azure cloud and […]