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Today's Financial News

Palo Alto Networks reports 3rd-quarter loss of $45.9 million

9 hours ago

SANTA CLARA, Calif. (AP) _ Palo Alto Networks Inc. (PANW) on Wednesday reported a loss of $45.9 million in its fiscal third quarter. The Santa Clara, California-based company said it had a loss of 56 cents per share. Earnings, adjusted for one-time gains and costs, were 23 cents per share. The results surpassed Wall Street expectations. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.

APNewsBreak: Federal investigators probing finances of powerful union for NYC's jail guards

9 hours ago

NEW YORK (AP) — Federal investigators are looking into financial records and other documents of the powerful union representing New York City's 9,000 jail guards. The office of Manhattan U.S. Attorney Preet Bharara (buh-RAH'-ruh) appears to be focusing in part on claims in a union official's lawsuit alleging the improper investment of union funds. Among the allegations is that Seabrook made a risky, $5 million investment into an unnamed hedge fund without the union board's approval.

Pranksters can crash iPhones by sending a certain text message

9 hours ago

A newly-discovered glitch in Apple's software can cause iPhones to mysteriously shut down when they receive a certain text message. The problem only occurs when the iPhone receives a message with a specific string of characters, including some Arabic characters, according to several tech blogs. When an iPhone isn't being used, it typically shows a shortened version of the message on the phone's lock screen. That shortened combination of characters apparently triggers the crash.

Pranksters can crash iPhones by sending a certain text message

9 hours ago

A newly-discovered glitch in Apple's software can cause iPhones to mysteriously shut down when they receive a certain text message. The problem only occurs when the iPhone receives a message with a specific string of characters, including some Arabic characters, according to several tech blogs. When an iPhone isn't being used, it typically shows a shortened version of the message on the phone's lock screen. That shortened combination of characters apparently triggers the crash.

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